Giant Network Group 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	1,425	1,086	850.95	994.51
Depreciation & Amortization	49.45	56.7	67.72	96.36
Other Amortization	14.21	6.12	5.65	4.53
Loss (Gain) From Sale of Assets	2.88	0.58	-0.23	-1.29
Asset Writedown & Restructuring Costs	-6.11	20.43	9.37	92.1
Loss (Gain) From Sale of Investments	-677.24	-286.25	-206.02	-530.07
Other Operating Activities	31.03	27.28	1.53	12.41
Change in Accounts Receivable	-10.34	-42.65	63.87	11.26
Change in Accounts Payable	229.55	323.23	-21.02	-54.23
Change in Other Net Operating Assets	10.54	-	-10.54	-
Operating Cash Flow	1,034	1,125	736.85	637.94
Operating Cash Flow Growth	-8.08%	52.69%	15.50%	-33.78%
Capital Expenditures	-187.38	-88.63	-113.4	-210.3
Sale of Property, Plant & Equipment	0.42	0.25	0.91	2.74
Cash Acquisitions	-	-	-0.45	-7.95
Divestitures	-	-	-	237.5
Investment in Securities	-197.75	-302.28	-811.05	-598.54
Other Investing Activities	73.15	75.59	5.97	93.04
Investing Cash Flow	-311.55	-315.09	-918.02	-483.51
Long-Term Debt Repaid	-13.46	-12.89	-28.58	-12.56
Total Debt Repaid	-13.46	-12.89	-28.58	-12.56
Net Debt Issued (Repaid)	-13.46	-12.89	-28.58	-12.56
Repurchase of Common Stock	-100.03	-88.94	-211.11	-449.29
Common Dividends Paid	-417.85	-551.16	-307.56	-312.43
Other Financing Activities	-11.15	-6.71	-3.77	-3.61
Financing Cash Flow	-542.49	-659.7	-551.03	-777.89
Foreign Exchange Rate Adjustments	-0.15	0.61	5.21	-3.63
Net Cash Flow	180.01	150.9	-726.98	-627.1
Free Cash Flow	846.83	1,036	623.46	427.64
Free Cash Flow Growth	-18.30%	66.24%	45.79%	-51.22%
Free Cash Flow Margin	28.97%	35.44%	30.60%	20.13%
Free Cash Flow Per Share	0.46	0.56	0.34	0.23
Cash Income Tax Paid	114.24	95.97	123.95	230.25
Levered Free Cash Flow	105.65	776.8	935.12	420.62
Unlevered Free Cash Flow	120.99	790.24	946.25	431.64
Change in Working Capital	195.09	213.77	7.89	-30.6

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