Runa Smart Equipment Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	69.32	76.73	67.16	201	171.26	130.18
Depreciation & Amortization	25.93	25.93	14.67	14.36	10.88	8.53
Other Amortization	5.19	5.19	1.33	0.68	0.17	0.14
Loss (Gain) From Sale of Assets	-0.02	-0.02	-0.02	-0.17	-0	-
Asset Writedown & Restructuring Costs	-	-	0.62	0.35	3.75	2.47
Loss (Gain) From Sale of Investments	-24.37	-24.37	-23.41	-25	-0.51	-
Provision & Write-off of Bad Debts	17.54	17.54	32.02	24.44	21.73	7.93
Other Operating Activities	39.77	5.63	3.35	0.27	-0.09	0.8
Change in Accounts Receivable	-50	-50	-62.13	-247.49	-141.89	-104.21
Change in Inventory	24.54	24.54	-5.92	-9.28	-49.35	-2.52
Change in Accounts Payable	-62.82	-62.82	-100.56	25.52	62.93	71.2
Change in Other Net Operating Assets	16.31	16.31	6.94	10.17	7.24	0.98
Operating Cash Flow	55.93	29.2	-71.35	-11.98	83.35	113.54
Operating Cash Flow Growth	232.66%	-	-	-	-26.59%	27.35%
Capital Expenditures	-69.62	-71.2	-121.55	-122.6	-18.45	-22.86
Sale of Property, Plant & Equipment	0.05	0.24	0.05	0	0.01	-
Investment in Securities	58.54	153.6	-141	-177	-473	-
Other Investing Activities	16.61	18.79	22.32	24.36	-	-
Investing Cash Flow	5.57	101.42	-240.18	-275.24	-491.44	-22.86
Short-Term Debt Issued	-	156.44	98	-	-	-
Long-Term Debt Issued	-	-	-	-	-	41.8
Total Debt Issued	114.28	156.44	98	-	-	41.8
Short-Term Debt Repaid	-	-174.49	-	-	-	-
Long-Term Debt Repaid	-	-6.07	-3.6	-4.14	-2.02	-59.8
Total Debt Repaid	-146.49	-180.56	-3.6	-4.14	-2.02	-59.8
Net Debt Issued (Repaid)	-32.21	-24.12	94.4	-4.14	-2.02	-18
Issuance of Common Stock	-	19.99	-	14.09	941.08	-
Common Dividends Paid	-34.42	-22.81	-60.08	-51.56	-	-0.75
Other Financing Activities	-1.56	-	-	-	-19.42	-6.5
Financing Cash Flow	-68.2	-26.94	34.31	-41.61	919.64	-25.25
Net Cash Flow	-6.7	103.68	-277.21	-328.84	511.55	65.44
Free Cash Flow	-13.69	-42	-192.9	-134.59	64.89	90.68
Free Cash Flow Growth	-	-	-	-	-28.44%	13.49%
Free Cash Flow Margin	-2.93%	-9.81%	-44.70%	-20.79%	12.25%	21.80%
Free Cash Flow Per Share	-0.10	-0.31	-1.44	-1.01	0.62	0.91
Cash Income Tax Paid	30.69	22.21	68.78	39.72	37.31	35.57
Levered Free Cash Flow	164.29	42.86	-195.55	-172.17	20.23	93.18
Unlevered Free Cash Flow	165.33	44.76	-194.84	-172.02	20.31	93.63
Change in Working Capital	-77.43	-77.43	-167.07	-227.92	-123.84	-36.52

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.