Henan Yuneng Holdings 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	415.93	-121.4	-553.54	-2,141	-2,000
Depreciation & Amortization	1,401	1,379	1,386	1,358	1,249
Other Amortization	0.65	4.94	0.31	0.26	2.42
Loss (Gain) on Sale of Assets	-1.19	-1.57	-1.63	-2.4	-0.11
Loss (Gain) on Sale of Investments	-72.37	-40.01	-15.5	67.55	106.08
Asset Writedown	199.43	28.54	8.3	-	0.09
Change in Accounts Receivable	590.74	1,309	-663.62	-782.87	455.27
Change in Inventory	303.24	-172.13	372.48	37.72	-898.5
Change in Accounts Payable	25.33	-849.17	-453.15	954.93	494.52
Other Operating Activities	587.3	765.07	772.36	782.27	563.89
Operating Cash Flow	3,518	2,369	753.35	-33.44	-228.96
Operating Cash Flow Growth	48.47%	214.51%	-	-	-
Capital Expenditures	-1,948	-2,151	-2,112	-1,900	-1,528
Sale of Property, Plant & Equipment	2.36	2.58	18.27	2.6	13.35
Cash Acquisitions	-	-	-187.69	-	-
Investment in Securities	-	-54.03	-481.55	-39	-4
Other Investing Activities	10.1	7.69	15.64	-29.05	88.37
Investing Cash Flow	-1,935	-2,195	-2,747	-1,965	-1,430
Long-Term Debt Issued	11,075	11,132	12,810	10,320	8,335
Total Debt Issued	11,075	11,132	12,810	10,320	8,335
Long-Term Debt Repaid	-11,208	-10,412	-11,718	-7,035	-5,796
Total Debt Repaid	-11,208	-10,412	-11,718	-7,035	-5,796
Net Debt Issued (Repaid)	-133.57	720.71	1,093	3,285	2,539
Issuance of Common Stock	-	-	0.4	824.54	-
Common Dividends Paid	-635.76	-720.13	-725.34	-688.86	-558.05
Other Financing Activities	-473.12	-32.87	-73.44	-208.74	-30.15
Financing Cash Flow	-1,242	-32.29	294.29	3,212	1,950
Net Cash Flow	340.31	141.87	-1,700	1,213	291.47
Free Cash Flow	1,570	217.93	-1,359	-1,933	-1,757
Free Cash Flow Growth	620.57%	-	-	-	-
Free Cash Flow Margin	13.98%	1.79%	-11.34%	-14.76%	-14.71%
Free Cash Flow Per Share	1.03	0.14	-0.89	-1.34	-1.30
Cash Income Tax Paid	685.55	447.12	300.76	-519.52	313.15
Levered Free Cash Flow	2,383	-862.67	-1,869	-2,342	-1,496
Unlevered Free Cash Flow	2,383	-387.84	-1,361	-1,817	-1,052
Change in Working Capital	987.15	376.37	-744.44	-82.33	-156.56

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