Citic Press 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	130.09	118.67	116.36	126.09	241.6
Depreciation & Amortization	54.3	64.65	63.84	76.26	101.21
Other Amortization	19.69	5.82	10.7	19.75	15.8
Loss (Gain) From Sale of Assets	-	-	-0.74	5.48	-15.33
Asset Writedown & Restructuring Costs	34.77	20.89	52.74	38.76	15.34
Loss (Gain) From Sale of Investments	6.43	39.82	14.48	12.55	-4.09
Provision & Write-off of Bad Debts	-0.01	1.19	-	-	-
Other Operating Activities	19.81	5.39	-9.09	-31.85	-14.56
Change in Accounts Receivable	-99.85	-19.58	-22.49	-66.84	-12.23
Change in Inventory	-24.05	-41.86	19.87	-10.33	-110.83
Change in Accounts Payable	84.29	-74.86	-3.78	-23.31	67.99
Operating Cash Flow	225.49	162.22	200.02	146.39	284.87
Operating Cash Flow Growth	39.00%	-18.90%	36.63%	-48.61%	-11.70%
Capital Expenditures	-28.54	-30.25	-35.14	-26.29	-33.21
Sale of Property, Plant & Equipment	0.12	0.12	0.04	0.36	0.11
Divestitures	-	-	-0.83	-	-
Investment in Securities	-138.38	47.38	-187	23.39	-130.2
Other Investing Activities	40.75	30.13	19.01	23.9	36.6
Investing Cash Flow	-126.04	47.38	-203.92	21.35	-126.71
Long-Term Debt Repaid	-60.18	-62.72	-49.5	-82.75	-120.84
Net Debt Issued (Repaid)	-60.18	-62.72	-49.5	-82.75	-120.84
Common Dividends Paid	-90.89	-58.95	-66.93	-96.6	-91.27
Dividends Paid	-90.89	-58.95	-66.93	-96.6	-91.27
Other Financing Activities	-18.04	-0.4	-2.51	-	-4.46
Financing Cash Flow	-169.11	-122.07	-118.94	-179.34	-216.57
Foreign Exchange Rate Adjustments	-1.59	-1.48	-1.81	-2.01	-0.74
Net Cash Flow	-71.26	86.05	-124.64	-13.61	-59.15
Free Cash Flow	196.95	131.97	164.88	120.1	251.66
Free Cash Flow Growth	49.24%	-19.96%	37.29%	-52.28%	-17.50%
Free Cash Flow Margin	11.57%	7.82%	9.60%	6.67%	13.09%
Free Cash Flow Per Share	1.03	0.69	0.86	0.63	1.32
Cash Income Tax Paid	8.14	65.78	38.25	29.91	40.16
Levered Free Cash Flow	150.96	32.14	146.95	86.64	127.66
Unlevered Free Cash Flow	155.3	37.33	153.23	91.15	136.63
Change in Working Capital	-39.61	-94.21	-48.27	-100.64	-55.1

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