GHG 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
Net Income	265.79	-414.3	117.44	261.34	442.72	371.71	273.54	265.97	235.79
Depreciation & Amortization	388.03	428.64	98.11	65.87	40.37	25.55	24.96	35.35	41.68
Share-Based Compensation	0.06	-0.06	2.46	0.23	26.49	16.11	38.05	0	0
Other Operating Activities	-198.83	279.92	142.96	-32.19	4.36	141.58	132.93	142.23	79.83
Operating Cash Flow	455.05	294.2	360.98	295.26	513.94	554.95	469.47	443.56	357.3
Operating Cash Flow Growth	54.67%	-18.50%	22.26%	-42.55%	-7.39%	18.21%	5.84%	24.14%	-
Capital Expenditures	-84.81	-74.18	-538.66	-111.85	-211.53	-138.34	-13.87	-5.84	-11.48
Acquisitions	-	127.75	-475.42	-142.4	-499.31	-79.73	-10.1	-150	-20
Change in Investments	-8.16	495.08	74.76	107.23	-506.88	206.63	-720.87	200.09	-153.92
Other Investing Activities	-0.74	-127.86	10.93	35.46	-2.24	-170.31	-0.02	29.74	-1.03
Investing Cash Flow	-93.71	420.79	-928.39	-111.55	-1,219.96	-181.76	-744.86	74	-186.43
Dividends Paid	0	-41	-320.25	0	-226.95	-200.53	-579.04	-17.96	-52.06
Share Issuance / Repurchase	-19.71	0	0	0	0	837.51	0	0	0
Debt Issued / Paid	-284.03	-294.8	567.69	110.59	0	60	-1.44	30	0
Other Financing Activities	-	0.4	8.19	4.94	14.72	-33.83	-64.68	-145	0.72
Financing Cash Flow	-303.73	-335.4	255.63	115.53	-212.23	663.15	-645.16	-132.96	-51.33
Exchange Rate Effect	0.03	1.25	-1.34	-7.66	-6.92	66.02	-1.47	6.33	5.43
Net Cash Flow	57.64	380.84	-313.13	291.57	-925.17	1,102	-922.02	390.93	124.96
Free Cash Flow	370.24	220.02	-177.69	183.41	302.41	416.6	455.59	437.72	345.82
Free Cash Flow Growth	68.28%	-	-	-39.35%	-27.41%	-8.56%	4.08%	26.58%	-
Free Cash Flow Margin	22.75%	14.98%	-14.73%	19.72%	27.70%	46.00%	61.30%	67.57%	54.48%
Free Cash Flow Per Share	3.63	2.14	-1.72	1.78	2.96	4.20	4.99	4.79	3.79

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