Cash Flow Statement

Currency: CNY

	Dec-2019	Jun-2020	Dec-2020	Jun-2021	Dec-2021	Jun-2022	Dec-2022	Jun-2023
Operating Cash Flow
Net Income	5 683	7 188	9 900	11 212	9 672	7 626	6 663	5 863
Depreciation & Amortization	181	196	262	366	431	450	475	523
Other Non-Cash Items	22	58	(1 846)	(1 989)	(83)	35	99	342
Cash Taxes Paid	1 345	1 816	2 108	2 566	2 736	2 834	2 062	1 746
Cash Interest Paid	81	98	60	36	48	46	66	86
Change in Working Capital	(705)	(381)	(568)	(1 824)	(3 205)	(2 919)	(957)	(349)
Cash from Operating Activities	5 181 N/A	7 061 +36%	7 748 +10%	7 765 +0%	6 815 -12%	5 193 -24%	6 279 +21%	6 380 +2%
Investing Cash Flow
Capital Expenditures	(1 575)	(1 196)	(861)	(1 218)	(2 020)	(2 571)	(2 478)	(2 029)
Other Items	(3 940)	(3 353)	(2 926)	(3 646)	(424)	2 048	(2 326)	(753)
Cash from Investing Activities	(5 515) N/A	(4 549) +18%	(3 786) +17%	(4 865) -28%	(2 444) +50%	(523) +79%	(4 804) -819%	(2 782) +42%
Financing Cash Flow
Net Issuance of Common Stock	5 918	0	0	(255)	(365)	(184)	(148)	(74)
Net Issuance of Debt	2 906	(1 574)	(3 539)	(334)	(489)	(197)	305	305
Cash Paid for Dividends	(2 704)	0	(2 685)	(3 870)	(3 392)	(2 207)	(2 133)	(3 549)
Other	(1 997)	1 345	3 681	351	0	0	0	0
Cash from Financing Activities	4 123 N/A	2 985 -28%	(2 543) N/A	(4 108) -62%	(4 245) -3%	(2 587) +39%	(1 975) +24%	(3 319) -68%
Change in Cash
Effect of Foreign Exchange Rates	(18)	20	(173)	(177)	(49)	(62)	90	52
Net Change in Cash	3 771 N/A	5 517 +46%	1 246 -77%	(1 385) N/A	77 N/A	2 021 +2 534%	(409) N/A	332 N/A
Free Cash Flow
Free Cash Flow	3 605 N/A	5 865 +63%	6 887 +17%	6 547 -5%	4 795 -27%	2 622 -45%	3 801 +45%	4 351 +14%

China Feihe Ltd
HKEX:6186