Anhui Yingjia Distillery 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	1,992	1,986	2,589	2,282	1,705	1,387
Depreciation & Amortization	283.84	283.84	225.26	207.68	198.7	198.75
Other Amortization	16.86	16.86	10.02	15.33	16.03	12.93
Loss (Gain) From Sale of Assets	0.08	0.08	0.03	1.87	-1.17	-1.27
Asset Writedown & Restructuring Costs	18.55	18.55	28.06	9.45	32.59	1.08
Loss (Gain) From Sale of Investments	-91.41	-91.41	-58.03	-73.09	-77.41	-85.22
Provision & Write-off of Bad Debts	-1.58	-1.58	7.79	-1.2	0.4	0.1
Other Operating Activities	637.66	4.05	5.54	5.19	3.22	7.74
Change in Accounts Receivable	-186.96	-186.96	-135.4	8.64	-40.97	10.71
Change in Inventory	-241.68	-241.68	-552.18	-436.49	-503.39	-480.08
Change in Accounts Payable	-582.39	-582.39	-198.64	220.15	503.82	495.37
Operating Cash Flow	1,874	1,234	1,907	2,189	1,840	1,525
Operating Cash Flow Growth	6.79%	-35.27%	-12.89%	18.98%	20.66%	109.25%
Capital Expenditures	-662.44	-745.01	-902.66	-578.89	-416.53	-271.31
Sale of Property, Plant & Equipment	6.4	6.23	4.5	9.69	11.18	16.97
Cash Acquisitions	1.28	-12.72	-144.1	-	-107.41	-5
Divestitures	30.7	30.7	-	-	-	-
Investment in Securities	-1,847	-795.22	-924.61	376.12	-334.47	-1,141
Other Investing Activities	82.77	76.4	69.43	74.64	80.09	64.59
Investing Cash Flow	-2,389	-1,440	-1,897	-118.43	-767.13	-1,335
Long-Term Debt Issued	-	330.5	137.8	33.06	-	-
Long-Term Debt Repaid	-	-39.27	-31.99	-128.67	-0.12	-0.16
Net Debt Issued (Repaid)	247.07	291.23	105.81	-95.61	-0.12	-0.16
Common Dividends Paid	-1,211	-1,209	-1,040	-880.52	-724.32	-562.88
Other Financing Activities	-3.05	-3.05	-3.05	-1.05	0.03	-2.65
Financing Cash Flow	-967.27	-920.33	-937.24	-977.18	-724.41	-565.68
Net Cash Flow	-1,482	-1,126	-927.59	1,094	348.43	-376.18
Free Cash Flow	1,212	489.4	1,004	1,610	1,423	1,254
Free Cash Flow Growth	62.13%	-51.28%	-37.63%	13.13%	13.55%	141.00%
Free Cash Flow Margin	19.54%	8.13%	13.68%	23.78%	25.86%	27.23%
Free Cash Flow Per Share	1.51	0.61	1.26	2.01	1.78	1.56
Cash Income Tax Paid	2,146	2,338	3,036	2,180	1,610	1,246
Levered Free Cash Flow	1,451	279.43	765.05	1,149	1,096	939.69
Unlevered Free Cash Flow	1,452	279.52	765.09	1,149	1,096	939.69
Change in Working Capital	-981.63	-981.63	-900.87	-258.31	-37.53	4.16

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