MasterBeef Group Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	32.9	-37.45	33.41
Depreciation & Amortization	78.6	84.26	68.57
Loss (Gain) From Sale of Assets	-58.68	23.55	0
Asset Writedown & Restructuring Costs	10.09	6.7	-
Other Operating Activities	2.8	11.51	8.27
Change in Accounts Receivable	5.58	-5.15	0.42
Change in Inventory	4.77	5.15	2.14
Change in Accounts Payable	0.97	-1.58	4.73
Change in Other Net Operating Assets	-16.86	-3.17	23.47
Operating Cash Flow	60.17	83.82	141.02
Operating Cash Flow Growth	-28.22%	-40.56%	-
Capital Expenditures	-11.99	-44.51	-32.51
Sale of Property, Plant & Equipment	-	0.06	0.22
Divestitures	-0.19	-	-
Investing Cash Flow	-12.18	-44.45	-32.29
Short-Term Debt Issued	-	-	86.36
Total Debt Issued	-	-	86.36
Short-Term Debt Repaid	-7.57	-8.49	-3.23
Long-Term Debt Repaid	-59.07	-61.63	-52.57
Total Debt Repaid	-66.64	-70.12	-55.79
Net Debt Issued (Repaid)	-66.64	-70.12	30.57
Other Financing Activities	-10.19	-11.45	-7.6
Financing Cash Flow	-76.83	-81.57	22.96
Foreign Exchange Rate Adjustments	-0.03	-0	-0.01
Miscellaneous Cash Flow Adjustments	-	-7.88	-
Net Cash Flow	-28.88	-50.08	131.68
Free Cash Flow	48.17	39.31	108.51
Free Cash Flow Growth	22.54%	-63.77%	-
Free Cash Flow Margin	9.56%	7.39%	23.76%
Free Cash Flow Per Share	3.75	-	-
Cash Interest Paid	10.19	11.45	7.6
Cash Income Tax Paid	10.11	7.6	3.72
Levered Free Cash Flow	-14.81	33.74	-
Unlevered Free Cash Flow	-8.44	40.9	-
Change in Working Capital	-5.54	-4.75	30.77

Source: S&P Capital IQ. Standard template. Financial Sources.