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Investor Presentaiton

(RMB million) (RMB million) 20,000 Summary Cash Flow Statement Data Cash Flow from Operating Activities Cash Flow from Investing Activities 15,000 9,098 10,000 5,931 5,000 0 2018 2019 (RMB million) 0 -20,000 -40,000 -60,000 (50,312) (65,713) -80,000 2018 2019 REMARKS Cash Flow from Financing Activities 80,000 60,000 38,631 40,000 20,000 50,923 0 2018 2019 Net cash generated from operating activities was RMB5,931 million, primarily due to the increase in contract assets and inventories in 2019. Net cash used in investing activities in 2019 increased to RMB65,713 million, primarily attributable to the increase of investment in long-term investment projects. Net cash generated from financing activities increased to RMB50,923 million, primarily due to the increase in proceeds from bank and other borrowings, and introduction of third-party investors for capital contribution to certain subsidiaries. 中国交建 CHINA COMMUNICATIONS CONSTRUCTION 18
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