Aecc Aero-Engine Control Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Net Income	334.42	750.27	726.58	688.36	487.61
Depreciation & Amortization	589.59	606	503.95	520.08	455.69
Other Amortization	58.88	-	0.09	0.09	0.09
Loss (Gain) From Sale of Assets	-0.04	-0.02	-2.28	-0.12	-0.07
Asset Writedown & Restructuring Costs	0.73	2.65	0.45	1.69	5.66
Loss (Gain) From Sale of Investments	-	-1.88	-7.96	-74.56	-
Provision & Write-off of Bad Debts	12.38	13.77	10.12	-0.08	4.87
Other Operating Activities	91.15	90.08	41.56	64.33	98.17
Change in Accounts Receivable	-103.13	-1,501	-194.95	-266.86	-927.07
Change in Inventory	-162.31	-158.52	-121.41	-320.68	-116.07
Change in Accounts Payable	120.65	-59.41	27.33	190.72	901.04
Operating Cash Flow	944.31	-261.59	983.3	789.24	894.15
Operating Cash Flow Growth	-	-	24.59%	-11.73%	111.49%
Capital Expenditures	-801.4	-968.99	-1,014	-681.6	-704.01
Sale of Property, Plant & Equipment	2.34	0.74	3.26	0.7	1.44
Investment in Securities	510	541.88	507.96	574.56	-2,600
Investing Cash Flow	-289.07	-426.37	-502.84	-106.35	-3,303
Short-Term Debt Issued	6.5	6.5	6.5	20.5	170.5
Total Debt Issued	6.5	6.5	6.5	20.5	170.5
Short-Term Debt Repaid	-10.5	-6.5	-158	-170.5	-230.5
Long-Term Debt Repaid	-20.83	-26.36	-24.89	-18.46	-10.84
Total Debt Repaid	-31.33	-32.86	-182.89	-188.96	-241.34
Net Debt Issued (Repaid)	-24.83	-26.36	-176.39	-168.46	-70.84
Issuance of Common Stock	-	-	-	-	3,363
Common Dividends Paid	-227.21	-219.45	-72.61	-65.97	-66.51
Other Financing Activities	42.08	59.12	169.24	197.64	217.21
Financing Cash Flow	-209.96	-186.69	-79.76	-36.79	3,443
Foreign Exchange Rate Adjustments	-4.37	1.02	1.9	7.81	-3.85
Net Cash Flow	440.91	-873.63	402.61	653.92	1,030
Free Cash Flow	142.91	-1,231	-30.75	107.64	190.14
Free Cash Flow Growth	-	-	-	-43.39%	-
Free Cash Flow Margin	2.76%	-22.45%	-0.58%	2.18%	4.57%
Free Cash Flow Per Share	0.11	-0.94	-0.02	0.08	0.16
Cash Income Tax Paid	565.71	420.86	268.7	131.98	141.24
Levered Free Cash Flow	70.74	-1,331	-57.11	-59.08	38.73
Unlevered Free Cash Flow	71.75	-1,329	-54.45	-52.77	49.63
Change in Working Capital	-142.8	-1,722	-289.2	-410.56	-157.88

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.