CASTECH Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Net Income	218.79	209.07	226.39	191.37
Depreciation & Amortization	74.04	58.27	49.44	48.2
Other Amortization	10.3	6.55	1.85	1.53
Loss (Gain) From Sale of Assets	-2.32	-0.15	0.2	0.54
Asset Writedown & Restructuring Costs	0.31	0.38	3.82	9.55
Loss (Gain) From Sale of Investments	2.66	-12.49	-12.11	-15.55
Provision & Write-off of Bad Debts	4.52	2.3	1.25	2.18
Other Operating Activities	21.9	20.45	30.35	16.37
Change in Accounts Receivable	-87.61	-54.07	2.34	-102.71
Change in Inventory	-71.9	-46.75	-26.31	-16.84
Change in Accounts Payable	50.33	35.57	32.16	25.06
Operating Cash Flow	218.01	217.25	310.91	155.38
Operating Cash Flow Growth	0.35%	-30.13%	100.10%	0.29%
Capital Expenditures	-212.02	-209.89	-119.86	-76.95
Sale of Property, Plant & Equipment	0.02	0.03	0.21	0.17
Investment in Securities	27.11	-26.38	5.9	4.47
Other Investing Activities	-16.83	-	-	-
Investing Cash Flow	-201.72	-236.24	-113.75	-72.3
Long-Term Debt Issued	76.57	-	-	4.22
Long-Term Debt Repaid	-14.21	-14.23	-5.12	-1.61
Net Debt Issued (Repaid)	62.35	-14.23	-5.12	2.61
Common Dividends Paid	-89.86	-171.1	-64.28	-42.79
Other Financing Activities	-10	102.53	-3.8	-3.4
Financing Cash Flow	-37.51	-82.8	-73.19	-43.58
Foreign Exchange Rate Adjustments	-	-	0.16	-0.49
Net Cash Flow	-21.22	-101.8	124.12	39
Free Cash Flow	5.99	7.35	191.05	78.43
Free Cash Flow Growth	-18.55%	-96.15%	143.60%	-33.88%
Free Cash Flow Margin	0.68%	0.94%	24.86%	11.39%
Free Cash Flow Per Share	0.01	0.02	0.41	0.17
Cash Income Tax Paid	41.46	59.62	42.53	59.77
Levered Free Cash Flow	-99.41	-93.95	92.37	6.63
Unlevered Free Cash Flow	-98.63	-93.39	92.83	6.8
Change in Working Capital	-112.2	-67.13	9.71	-98.8

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