GDS Holdings Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Net Income	-4,343.68	-1,509.89	-1,313.94	-737.74	-500.19	-430.27	-326.9	-403.4	-216.64	-309.14
Depreciation & Amortization	3,520	3,189	2,617	1,638	1,142	741.51	378.13	227.36	145.41	82.75
Share-Based Compensation	336.62	290.82	391.28	333.69	189.76	105.88	59.84	64.17	4.06	27.33
Other Operating Activities	2,499	836.85	-541.95	-966.24	-596.27	-430.03	-278.89	-144.09	-131.18	47.85
Operating Cash Flow	2,065	2,858	1,201	320.89	293.44	-12.91	-167.82	-128.98	-80.3	27.94
Operating Cash Flow Growth	-27.74%	137.90%	274.39%	9.36%	-	-	-	-	-	-
Capital Expenditures	-6,003.27	-7,803.69	-9,699.13	-8,020.58	-4,552.62	-4,257.98	-1,760.17	-987.7	-732.93	-248.19
Acquisitions	-322.37	-3,471.2	-4,010.28	-1,352.93	-572.61	-475.07	-238.89	-159.36	0	-279.64
Change in Investments	-	-6.24	17.87	-4.5	-6	0	0	0	0	0
Other Investing Activities	-	6.24	-	-	-	-	-6	-	1.02	4.08
Investing Cash Flow	-6,325.64	-11,274.88	-13,691.54	-9,378.01	-5,131.23	-4,733.05	-2,005.05	-1,147.06	-731.91	-523.75
Share Issuance / Repurchase	-	0	2.08	16,053	4,990	1,300	653.21	1,222	0	-119.66
Debt Issued / Paid	-	5,712	8,932	4,100	2,528	3,732	1,727	983.6	1,148	126.88
Other Financing Activities	6,285	4,000	-814.58	-9.21	844.26	-155.74	-24.14	-76.5	-20.38	1,049
Financing Cash Flow	6,285	9,713	8,119	20,144	8,362	4,877	2,356	2,129	1,128	1,056
Exchange Rate Effect	154.3	416.2	-95.54	-566.87	164.37	206.3	-74.25	55.5	2.26	-2.33
Net Cash Flow	-963.59	-3,144.3	-4,466.56	10,520	3,689	337.15	108.61	908.07	317.74	558.15
Free Cash Flow	-3,938.01	-4,945.62	-8,497.76	-7,699.69	-4,259.18	-4,270.89	-1,927.98	-1,116.68	-813.23	-220.25
Free Cash Flow Margin	-39.55%	-53.03%	-108.69%	-134.17%	-103.32%	-152.96%	-119.29%	-105.75%	-115.57%	-47.03%
Free Cash Flow Per Share	-21.46	-27.02	-46.79	-49.14	-30.89	-34.50	-19.66	-29.87	-29.84	-10.87

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