Foran Energy Group 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	-	853.12	844.45	655.26	594.74
Depreciation & Amortization	-	487.51	454.1	411.83	288.87
Other Amortization	-	35.55	19.66	12.92	7.71
Loss (Gain) From Sale of Assets	-	-0.47	1.12	-1.22	-0.53
Asset Writedown & Restructuring Costs	-	4.81	3.58	62.88	43.2
Loss (Gain) From Sale of Investments	-	-86.28	-212.78	-85.14	-155.96
Provision & Write-off of Bad Debts	-	5.87	18.01	26.96	-
Other Operating Activities	-	219.72	261.93	205.77	254.31
Change in Accounts Receivable	-	-526	-883.4	41.82	-352.55
Change in Inventory	-	-121.32	-215.71	-393.18	-137.67
Change in Accounts Payable	-	907.19	1,294	325.89	-198.75
Change in Other Net Operating Assets	-	63.58	31.24	24.22	43.46
Operating Cash Flow	-	1,750	1,606	1,286	390.36
Operating Cash Flow Growth	-	8.96%	24.91%	229.42%	-54.46%
Capital Expenditures	-	-658.63	-821.7	-1,020	-1,279
Sale of Property, Plant & Equipment	-	1.27	3.67	0.53	0.1
Cash Acquisitions	-	-9.52	-	-	-487.78
Divestitures	-	2.08	-	-11.21	-
Investment in Securities	-	-234.15	-279.78	-97.12	-9.45
Other Investing Activities	-	93.03	95.06	89.09	173.23
Investing Cash Flow	-	-805.93	-1,003	-1,019	-1,396
Long-Term Debt Issued	-	3,562	2,763	4,168	5,522
Long-Term Debt Repaid	-	-5,281	-3,072	-4,622	-4,463
Net Debt Issued (Repaid)	-	-1,720	-308.27	-454.2	1,059
Issuance of Common Stock	-	2,380	1,033	697.9	796.4
Common Dividends Paid	-	-815.51	-667.99	-639.93	-535.61
Other Financing Activities	-	-85.32	-64.87	-44.26	-117.97
Financing Cash Flow	-	-240.69	-7.83	-440.49	1,202
Foreign Exchange Rate Adjustments	-	12.65	7.3	4.85	-2.74
Net Cash Flow	-	716.29	602.97	-168.98	193.52
Free Cash Flow	-	1,092	784.55	266.24	-889.05
Free Cash Flow Growth	-	39.14%	194.68%	-	-
Free Cash Flow Margin	-	3.46%	3.07%	1.41%	-6.57%
Free Cash Flow Per Share	-	0.76	0.58	0.20	-0.72
Cash Income Tax Paid	-	551.43	533.53	310.94	357.25
Levered Free Cash Flow	-	537.38	829.3	831.23	-766.23
Unlevered Free Cash Flow	-	613.41	942.1	947.8	-641.59
Change in Working Capital	-	230.44	216.19	-3.35	-641.98

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