Fujian Nanping Sun Cable 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	Dec '21 Dec 31, 2021
Net Income	60.64	90.91	176.55	213.32	158.55
Depreciation & Amortization	153.62	122.29	104.07	107.11	108.67
Other Amortization	4.18	4.68	4.34	4.63	5.03
Loss (Gain) From Sale of Assets	-12.11	-0.41	-0	0.06	-4.95
Asset Writedown & Restructuring Costs	34.68	0.23	1.28	0.1	0.1
Loss (Gain) From Sale of Investments	-9.81	-2.86	-13.4	-23.02	-13.68
Provision & Write-off of Bad Debts	-	19.99	36.56	27.2	12.4
Other Operating Activities	44.18	32.01	75.71	71.68	99.02
Change in Accounts Receivable	38.88	166.49	-233.23	-352.38	-313.43
Change in Inventory	-87.46	68.01	-178.65	-195.85	-71.45
Change in Accounts Payable	169.43	-81.47	196.66	182.95	224.82
Operating Cash Flow	401.39	422.23	155.85	40.96	203.46
Operating Cash Flow Growth	-4.94%	170.92%	280.52%	-79.87%	-35.78%
Capital Expenditures	-174.85	-238.2	-569.62	-518.05	-155.08
Sale of Property, Plant & Equipment	27.46	0.18	0.74	0.62	6.48
Investment in Securities	15.11	-29	-3	-11.2	0.48
Other Investing Activities	12.12	8.23	11.57	6.02	2.85
Investing Cash Flow	-120.16	-258.8	-560.3	-522.61	-145.27
Long-Term Debt Issued	2,449	2,663	2,670	2,011	3,062
Total Debt Issued	2,449	2,663	2,670	2,011	3,062
Long-Term Debt Repaid	-2,429	-2,587	-2,207	-1,609	-3,071
Total Debt Repaid	-2,429	-2,587	-2,207	-1,609	-3,071
Net Debt Issued (Repaid)	19.93	75.42	463.66	402.38	-8.53
Common Dividends Paid	-123.8	-175.59	-131.36	-154.65	-143.82
Other Financing Activities	9.07	5	45	175	40
Financing Cash Flow	-94.81	-95.17	377.3	422.73	-112.35
Foreign Exchange Rate Adjustments	-	-	-	-	-0.01
Net Cash Flow	186.43	68.27	-27.15	-58.93	-54.17
Free Cash Flow	226.54	184.03	-413.77	-477.09	48.38
Free Cash Flow Growth	23.10%	-	-	-	-81.81%
Free Cash Flow Margin	1.88%	1.34%	-3.06%	-3.64%	0.43%
Free Cash Flow Per Share	0.31	0.26	-0.57	-0.66	0.07
Cash Income Tax Paid	172.84	190.47	207.45	217.3	160.78
Levered Free Cash Flow	264.52	63.28	-440.66	-449.29	-59.04
Unlevered Free Cash Flow	264.52	98.32	-404.91	-412.25	-18.4
Change in Working Capital	126.03	154.87	-229.14	-365.09	-161.69

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.