MarcoPolo Holdings 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	1,271	1,327	1,353	1,514
Depreciation & Amortization	410.42	433.48	460.02	468.9
Other Amortization	5.46	3.22	5.1	12.66
Loss (Gain) From Sale of Assets	1.7	-0.32	-7.54	-4.08
Asset Writedown & Restructuring Costs	260.27	236.04	37.81	6.22
Loss (Gain) From Sale of Investments	-138.58	-129.68	-29.62	-27.78
Provision & Write-off of Bad Debts	77.61	83.93	370.97	234.54
Other Operating Activities	123.24	132.99	220.87	19.22
Change in Accounts Receivable	238.88	90.74	31.08	462.5
Change in Inventory	266.25	177.95	108.17	173.82
Change in Accounts Payable	-374.45	-478.1	629.57	224.06
Change in Other Net Operating Assets	0.56	-1.87	-40.16	-66.89
Operating Cash Flow	2,082	1,806	3,048	3,021
Operating Cash Flow Growth	-31.10%	-40.75%	0.90%	-
Capital Expenditures	-264.36	-302.77	-255.99	-489.71
Sale of Property, Plant & Equipment	16.65	7.46	19.47	16.84
Investment in Securities	-2,464	-1,997	-285.88	-268.42
Other Investing Activities	193.38	38.17	12.62	63.75
Investing Cash Flow	-2,519	-2,254	-509.77	-677.54
Long-Term Debt Issued	-	858.78	670.98	1,521
Short-Term Debt Repaid	-	-	-	-84.22
Long-Term Debt Repaid	-	-849.4	-1,811	-3,411
Total Debt Repaid	-951.98	-849.4	-1,811	-3,495
Net Debt Issued (Repaid)	-224.33	9.38	-1,140	-1,974
Common Dividends Paid	-21.69	-30.61	-379.65	-577.84
Other Financing Activities	-6.41	-	76.68	135.25
Financing Cash Flow	-252.43	-21.23	-1,443	-2,417
Foreign Exchange Rate Adjustments	-0.43	1.25	0.49	4.85
Net Cash Flow	-689.82	-467.89	1,096	-68.33
Free Cash Flow	1,817	1,504	2,792	2,531
Free Cash Flow Growth	-28.21%	-46.16%	10.31%	-
Free Cash Flow Margin	26.36%	20.53%	31.29%	29.23%
Free Cash Flow Per Share	1.69	1.39	2.60	2.36
Cash Income Tax Paid	814.39	824.82	987.97	948.38
Levered Free Cash Flow	-	1,039	2,106	-
Unlevered Free Cash Flow	-	1,060	2,143	-
Change in Working Capital	70.7	-280.25	637.86	797.14

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