Anhui Ankai Automobile 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Net Income	-58.24	8.39	-169.89	-239.7	-264.19
Depreciation & Amortization	62.05	62.1	62.91	63	64.06
Other Amortization	0.15	2.28	0.18	2.1	0.18
Loss (Gain) From Sale of Assets	-2.23	-0.29	-2.52	-0.06	-3.36
Asset Writedown & Restructuring Costs	97.61	0.38	0.09	9.83	4.73
Loss (Gain) From Sale of Investments	-6.84	-7.66	12.26	0.77	-7.24
Provision & Write-off of Bad Debts	-	-38.29	-8.35	23.33	33.95
Other Operating Activities	-128.53	4.9	21.53	19.04	18.14
Change in Accounts Receivable	-206.82	-287.5	216.81	600.92	293.73
Change in Inventory	-22.07	-11.18	-58	-63.23	-43.02
Change in Accounts Payable	699.94	269.54	385.31	-91.47	-673.7
Change in Other Net Operating Assets	1.45	-0.05	-	-	-
Operating Cash Flow	436.48	2.58	460.31	324.57	-570.48
Operating Cash Flow Growth	16802.83%	-99.44%	41.82%	-	-
Capital Expenditures	-24.59	-15.93	-28.48	-22.72	-35.72
Sale of Property, Plant & Equipment	4.12	4.96	6.54	0.34	5.15
Investment in Securities	-	100	-	-	-
Other Investing Activities	15.5	14.1	4.24	12.87	9.33
Investing Cash Flow	-4.98	103.13	-17.7	-9.51	-21.25
Long-Term Debt Issued	160	122	1,268	1,352	1,022
Long-Term Debt Repaid	-137.5	-85.5	-2,541	-1,411	-1,313
Total Debt Repaid	-137.5	-85.5	-2,541	-1,411	-1,313
Net Debt Issued (Repaid)	22.5	36.5	-1,273	-59	-291
Issuance of Common Stock	-	-	991	-	-
Common Dividends Paid	-4.28	-2.87	-23.55	-49.17	-55.43
Other Financing Activities	-	-	-	-176.27	474.28
Financing Cash Flow	18.22	33.63	-305.32	-284.44	127.85
Foreign Exchange Rate Adjustments	-0.39	9.01	5	5.57	-1.72
Net Cash Flow	449.33	148.35	142.29	36.19	-465.61
Free Cash Flow	411.89	-13.35	431.83	301.85	-606.21
Free Cash Flow Growth	-	-	43.06%	-	-
Free Cash Flow Margin	12.01%	-0.49%	20.12%	20.29%	-34.04%
Free Cash Flow Per Share	0.45	-0.02	0.51	0.42	-0.83
Cash Income Tax Paid	-119.3	-40.26	-10.13	-109.24	31.24
Levered Free Cash Flow	961.16	95.21	512.3	394.69	-782.93
Unlevered Free Cash Flow	961.16	97.42	521.76	420.3	-755.12
Change in Working Capital	472.5	-29.23	544.1	446.26	-416.73

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