Sichuan Gold 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	465.82	248.19	210.92	198.69	153.39
Depreciation & Amortization	100.33	38.46	50.11	56.31	56.01
Other Amortization	2.36	0.66	0.34	0.37	0.31
Asset Writedown & Restructuring Costs	5.14	2.72	-	0.01	-25.48
Loss (Gain) From Sale of Investments	-1.39	-1.55	-1.45	-0.89	-0.18
Provision & Write-off of Bad Debts	-0.08	0.11	-	-58.47	-
Other Operating Activities	13.22	13.31	21.1	16.78	20.36
Change in Accounts Receivable	-10.03	0.02	-12.01	193.65	20.78
Change in Inventory	-112.52	-13.73	16.46	-32.48	6.7
Change in Accounts Payable	208.74	53.56	23.56	7.07	-34.51
Operating Cash Flow	645.15	332.65	306.05	382.56	196.53
Operating Cash Flow Growth	93.94%	8.69%	-20.00%	94.66%	-21.83%
Capital Expenditures	-752.26	-179.01	-239.17	-190.38	-258.66
Investment in Securities	-40.6	-27.85	11.45	-39.09	0.19
Other Investing Activities	-8.61	-0.07	-	-	-
Investing Cash Flow	-801.47	-206.93	-227.73	-229.47	-258.47
Long-Term Debt Issued	500	-	-	-	50
Long-Term Debt Repaid	-1.51	-0.63	-25.63	-15.89	-10.34
Net Debt Issued (Repaid)	498.49	-0.63	-25.63	-15.89	39.66
Issuance of Common Stock	-	-	403.27	-	-
Common Dividends Paid	-106.36	-147	-84.46	-1.4	-88.04
Other Financing Activities	-	-	-9.92	-1.09	-2.29
Financing Cash Flow	392.13	-147.63	283.26	-18.38	-50.67
Net Cash Flow	235.81	-21.91	361.57	134.71	-112.61
Free Cash Flow	-107.11	153.64	66.87	192.19	-62.13
Free Cash Flow Growth	-	129.75%	-65.20%	-	-
Free Cash Flow Margin	-10.44%	24.01%	10.63%	40.68%	-11.82%
Free Cash Flow Per Share	-0.26	0.36	0.16	0.53	-0.17
Cash Income Tax Paid	98.58	62.68	58.85	62.33	44.63
Levered Free Cash Flow	-227.92	105.12	33.86	106.22	-253.1
Unlevered Free Cash Flow	-220.04	113.88	43.03	116.81	-240.37
Change in Working Capital	59.75	30.76	25.01	169.77	-7.89

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