Sichuan Gold Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	635.45	465.82	248.19	210.92	198.69	153.39
Depreciation & Amortization	100.33	100.33	38.46	50.11	56.31	56.01
Other Amortization	2.36	2.36	0.66	0.34	0.37	0.31
Asset Writedown & Restructuring Costs	5.14	5.14	2.72	-	0.01	-25.48
Loss (Gain) From Sale of Investments	-1.39	-1.39	-1.55	-1.45	-0.89	-0.18
Provision & Write-off of Bad Debts	-0.08	-0.08	0.11	-	-58.47	-
Other Operating Activities	180.13	13.22	13.31	21.1	16.78	20.36
Change in Accounts Receivable	-10.03	-10.03	0.02	-12.01	193.65	20.78
Change in Inventory	-112.52	-112.52	-13.73	16.46	-32.48	6.7
Change in Accounts Payable	208.74	208.74	53.56	23.56	7.07	-34.51
Operating Cash Flow	981.68	645.15	332.65	306.05	382.56	196.53
Operating Cash Flow Growth	150.49%	93.94%	8.69%	-20.00%	94.66%	-21.83%
Capital Expenditures	-755.76	-752.26	-179.01	-239.17	-190.38	-258.66
Investment in Securities	-140.52	-40.6	-27.85	11.45	-39.09	0.19
Other Investing Activities	-6.24	-8.61	-0.07	-	-	-
Investing Cash Flow	-902.52	-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	498.49	-0.63	-25.63	-15.89	39.66
Issuance of Common Stock	-	-	-	403.27	-	-
Common Dividends Paid	-109.5	-106.36	-147	-84.46	-1.4	-88.04
Other Financing Activities	-	-	-	-9.92	-1.09	-2.29
Financing Cash Flow	388.99	392.13	-147.63	283.26	-18.38	-50.67
Net Cash Flow	468.16	235.81	-21.91	361.57	134.71	-112.61
Free Cash Flow	225.93	-107.11	153.64	66.87	192.19	-62.13
Free Cash Flow Growth	31.93%	-	129.75%	-65.20%	-	-
Free Cash Flow Margin	17.40%	-10.44%	24.01%	10.63%	40.68%	-11.82%
Free Cash Flow Per Share	0.54	-0.26	0.36	0.16	0.53	-0.17
Cash Income Tax Paid	138.26	98.58	62.68	58.85	62.33	44.63
Levered Free Cash Flow	-52.06	-227.92	105.12	33.86	106.22	-253.1
Unlevered Free Cash Flow	-44.18	-220.04	113.88	43.03	116.81	-240.37
Change in Working Capital	59.75	59.75	30.76	25.01	169.77	-7.89

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