SHA:601860 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,251	1,244	1,624	1,619	1,600	1,515
Depreciation & Amortization	151.13	151.13	178.28	189.08	179.67	165.99
Other Amortization	44.67	44.67	32.6	31.45	12.55	21.86
Gain (Loss) on Sale of Assets	-7.63	-7.63	-3.02	-15.47	-29.96	-18.17
Gain (Loss) on Sale of Investments	-732.34	-732.34	-106.44	-250.78	5.45	-138.73
Total Asset Writedown	40.49	40.49	-54.97	38.61	-1.54	0.77
Provision for Credit Losses	1,071	1,071	395.4	714.9	385.6	772.11
Change in Other Net Operating Assets	16,411	16,411	855.71	3,258	4,001	-26,256
Other Operating Activities	-15,432	-2.68	14.7	-78.89	54.22	47.93
Operating Cash Flow	3,059	18,481	3,251	5,842	6,556	-23,136
Operating Cash Flow Growth	137.10%	468.54%	-44.36%	-10.89%	-	-
Capital Expenditures	-50.86	-43.94	-45.63	-53.25	-130.29	-76.81
Sale of Property, Plant and Equipment	3.93	4.22	9.2	15.43	32	17.39
Investment in Securities	10,906	-10,555	-1,357	-7,344	2,568	19,363
Other Investing Activities	688.51	671.24	483.04	194.11	242.85	271.04
Investing Cash Flow	11,547	-9,924	-910.68	-7,188	2,712	19,575
Long-Term Debt Issued	-	8,939	17,229	6,985	12,583	33,908
Long-Term Debt Repaid	-	-13,390	-11,770	-7,200	-20,771	-39,892
Net Debt Issued (Repaid)	667.59	-4,451	5,459	-214.8	-8,188	-5,984
Common Dividends Paid	-457.43	-457.81	-453.71	-427.94	-619.15	-979.48
Other Financing Activities	-52.73	-52.73	-52.2	-49.2	-	-
Financing Cash Flow	157.43	-4,961	4,953	-691.94	-8,807	-6,964
Foreign Exchange Rate Adjustments	-17.38	-10.13	4.62	1.92	27.63	-14.29
Net Cash Flow	14,746	3,586	7,297	-2,036	488.5	-10,539
Free Cash Flow	3,008	18,437	3,205	5,789	6,425	-23,213
Free Cash Flow Growth	122.44%	475.26%	-44.63%	-9.91%	-	-
Free Cash Flow Margin	98.17%	608.90%	88.68%	157.49%	171.74%	-671.63%
Free Cash Flow Per Share	0.75	4.59	0.79	1.43	1.61	-5.82
Cash Interest Paid	4,892	4,083	4,217	4,028	3,775	2,865
Cash Income Tax Paid	646.12	801.02	897.18	846.37	801.64	874.41

Source: S&P Global Market Intelligence. Banks template. Financial Sources.