Henan Lantian Gas Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	313.95	503.38	606.31	592.53	420.88	332.83
Depreciation & Amortization	192.76	192.76	183.95	153.07	126.26	115.59
Other Amortization	0.87	0.87	-	-	-	-
Loss (Gain) on Sale of Assets	0.55	0.55	0.08	-0.04	-0.21	-0.38
Loss (Gain) on Sale of Investments	-4.1	-4.1	-2.35	-2.32	-9.31	-6.31
Asset Writedown	0.14	0.14	1.81	-0.57	-	-
Change in Accounts Receivable	45.61	45.61	-18.84	29.27	-171.59	4.9
Change in Inventory	-20.22	-20.22	2.6	-52.13	-82.31	42.36
Change in Accounts Payable	-170.17	-170.17	-130.85	62.02	348.06	65.65
Change in Other Net Operating Assets	-	-	-6.23	1.34	3.19	-3.93
Other Operating Activities	148.09	49.99	48.72	47.86	37.15	44.07
Operating Cash Flow	505.75	597.08	680.42	830.02	648.06	591.84
Operating Cash Flow Growth	-7.51%	-12.25%	-18.02%	28.08%	9.50%	-2.57%
Capital Expenditures	-266.41	-199.45	-294.31	-434.03	-397.68	-198.75
Sale of Property, Plant & Equipment	0.01	0.13	0.03	1.5	0.31	2.04
Cash Acquisitions	-204	-	-	-28.1	-	-4.81
Investment in Securities	-	-	-21.86	-	-322.47	16.32
Other Investing Activities	9.79	7.75	14.63	10.8	12	8.93
Investing Cash Flow	-460.61	-191.57	-301.51	-449.83	-707.84	-176.27
Long-Term Debt Issued	-	910	1,370	710	760	680
Long-Term Debt Repaid	-	-843.52	-719.41	-789.57	-683.8	-897.2
Net Debt Issued (Repaid)	218.48	66.48	650.59	-79.57	76.2	-217.2
Issuance of Common Stock	-	-	-	-	866.94	-
Common Dividends Paid	-626.51	-926.52	-525.63	-272.36	-263.05	-238.08
Dividends Paid	-626.51	-926.52	-525.63	-272.36	-263.05	-238.08
Other Financing Activities	-8.42	-4.5	5.46	-	-	3
Financing Cash Flow	-416.46	-864.55	130.42	-351.93	680.09	-452.27
Net Cash Flow	-371.32	-459.04	509.33	28.26	620.3	-36.7
Free Cash Flow	239.34	397.63	386.11	396	250.38	393.09
Free Cash Flow Growth	-15.49%	2.98%	-2.50%	58.16%	-36.30%	12.00%
Free Cash Flow Margin	5.67%	8.36%	7.80%	8.33%	6.42%	11.07%
Free Cash Flow Per Share	0.32	0.54	0.54	0.59	0.39	0.71
Cash Income Tax Paid	217.01	278.29	298.64	301.51	205.02	164.46
Levered Free Cash Flow	108.28	205.52	55.96	266.82	104.52	270.11
Unlevered Free Cash Flow	136.57	236.42	82.69	291.2	124.76	295.87
Change in Working Capital	-154.76	-154.76	-159.3	35.89	69.61	105.12

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.