Zhongyin Babi Food Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	276.59	213.72	222.71	313.22
Depreciation & Amortization	63.78	63.57	52.12	42.2
Other Amortization	7.52	4.81	4.19	3.67
Loss (Gain) From Sale of Assets	2.14	0.54	0.01	-0
Asset Writedown & Restructuring Costs	1.32	2.96	0.61	0.22
Loss (Gain) From Sale of Investments	-94.48	-17.71	-39.08	-198.62
Provision & Write-off of Bad Debts	1.13	0.16	1.08	1.04
Other Operating Activities	-27.28	-35.79	-34	-40.15
Change in Accounts Receivable	-25.03	-6.31	-17.69	-21.01
Change in Inventory	0.52	14.5	-17.73	-25.9
Change in Accounts Payable	19.8	9.01	12.7	23.86
Change in Other Net Operating Assets	11.4	4.91	-	-
Operating Cash Flow	217.39	244.42	191.9	159.05
Operating Cash Flow Growth	-11.06%	27.37%	20.66%	-36.35%
Capital Expenditures	-201.81	-166.04	-125.69	-144.86
Sale of Property, Plant & Equipment	0.79	0.88	0.24	0.05
Cash Acquisitions	-9.13	-	-11.08	-
Investment in Securities	34.12	262.09	-356.18	579.9
Other Investing Activities	22.89	18.35	34.19	45.63
Investing Cash Flow	-153.13	115.28	-458.53	480.71
Short-Term Debt Issued	-	80	145	100
Total Debt Issued	-	80	145	100
Short-Term Debt Repaid	-	-125	-200	-
Long-Term Debt Repaid	-15.3	-17.07	-11.3	-13.43
Total Debt Repaid	-15.3	-142.07	-211.3	-13.43
Net Debt Issued (Repaid)	-15.3	-62.07	-66.3	86.57
Issuance of Common Stock	-	32.78	-	-
Repurchase of Common Stock	-152.67	-	-	-
Common Dividends Paid	-99.2	-81.7	-67.74	-40.04
Other Financing Activities	-3.2	-	-	5.88
Financing Cash Flow	-270.37	-110.98	-134.04	52.41
Net Cash Flow	-206.11	248.73	-400.67	692.17
Free Cash Flow	15.59	78.39	66.21	14.18
Free Cash Flow Growth	-80.12%	18.39%	366.79%	-89.77%
Free Cash Flow Margin	0.93%	4.81%	4.34%	1.03%
Free Cash Flow Per Share	0.06	0.32	0.27	0.06
Cash Income Tax Paid	187.8	175.39	165.13	100.73
Levered Free Cash Flow	16.64	36.63	57.77	21.43
Unlevered Free Cash Flow	18.25	38.44	60.91	22.73
Change in Working Capital	-13.33	12.17	-15.73	37.46

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