GDS Holdings Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018 - 2014
Net Income	-4,159.54	-4,343.68	-1,509.89	-1,313.94	-737.74	-500.19	Upgrade
Depreciation & Amortization	3,533	3,520	3,189	2,617	1,638	1,142	Upgrade
Share-Based Compensation	328.4	336.62	290.82	391.28	333.69	189.76	Upgrade
Other Operating Activities	2,367	2,499	836.85	-541.95	-966.24	-596.27	Upgrade
Operating Cash Flow	2,069	2,065	2,858	1,201	320.89	293.44	Upgrade
Operating Cash Flow Growth	-30.41%	-27.74%	137.90%	274.39%	9.36%	-	Upgrade
Capital Expenditures	-5,556.27	-6,003.27	-7,803.69	-9,699.13	-8,020.58	-4,552.62	Upgrade
Acquisitions	-171.12	-319.92	-3,464.96	-4,010.28	-1,352.93	-572.61	Upgrade
Change in Investments	-	-3	-6.24	17.87	-4.5	-6	Upgrade
Investing Cash Flow	-5,727.39	-6,326.19	-11,274.88	-13,691.54	-9,378.01	-5,131.23	Upgrade
Share Issuance / Repurchase	-	0	0	2.08	16,053	4,990	Upgrade
Debt Issued / Paid	-	3,173	5,712	8,932	4,100	2,528	Upgrade
Other Financing Activities	1,780	-30.91	-855.93	-814.58	-9.21	844.26	Upgrade
Financing Cash Flow	1,780	3,142	4,856	8,119	20,144	8,362	Upgrade
Exchange Rate Effect	119.45	154.3	416.2	-95.54	-566.87	164.37	Upgrade
Net Cash Flow	-2,648.43	-964.13	-3,144.3	-4,466.56	10,520	3,689	Upgrade
Free Cash Flow	-3,486.81	-3,938.01	-4,945.62	-8,497.76	-7,699.69	-4,259.18	Upgrade
Free Cash Flow Margin	-34.27%	-39.55%	-53.03%	-108.69%	-134.17%	-103.32%	Upgrade
Free Cash Flow Per Share	-18.98	-21.46	-27.02	-46.79	-49.14	-30.89	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).