Company: AEHL
Filing Date: 2025-05-01
Form Type: 20-F
Source: 0001641172-25-008020
Chunk: 40

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-05-01
Form: 20-F
Item: Item 5
Chunk 40
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5 million for the year ended December 31, 2024, an increase of $ 7.0 million as compared to $ 8.5 million for the year ended December 31, 2023. The increase of cash outflow was mainly due to an increase in cash outflow on loan receivables of $ 7.2 million, an increase in cash outflow on other receivables and prepayments of $ 4.3 million, and decreased cash inflow on taxes payable of $ 0.2 million, which were partly offset by a decrease in operating cash outflow before working capital changes of $ 2.0 million, increased cash inflow on trade payables of $ 1.3 million, increased cash inflow on accrued liabilities and other payables of $0.8 million and increased cash inflow on unearned revenue of $ 2.6 million. Also, there was cash inflow from operating activities of $ 2.0 million from our discontinued operations for the year ended December 31, 2023.
 
Our net cash used in operating activities was $ 8.5 million for the year ended December 31, 2023, an increase of $ 6.2 million as compared to a cash outflow of $ 2.3 million for the year ended December 31, 2022. The increase of cash outflow was mainly due to an increase in cash outflow on loan receivable of $ 5.2 million, an increase in operating cash outflow before working capital changes of $ 4.3 million, an increase cash outflow on trade payables of $ 0.5 million and a decrease in cash inflow from trade receivables of $ 0.6 million, which were partly offset by a decrease in cash outflow from unearned revenue of $ 2.3 million, a decrease in cash outflow on accrued liabilities and other payables of $ 0.4 million, and a decrease in cash outflow on taxes payable of $ 0.4 million. Also, there was cash inflow from operating activities of $ 2.0 million and $ 0.8 million from our discontinued operations for the years ended December 31, 2023 and 2022, respectively.
 

  50 
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Cash flows from investing activities.
 
Net cash used in investing activities for the year ended December 31, 2024 was $ 2.6 million, compared to