Gravity Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	84,919	132,019	83,162	65,947	62,703
Depreciation & Amortization	9,234	7,658	5,878	5,230	4,023
Other Amortization	-	-	1,184	1,088	897
Loss (Gain) From Sale of Assets	-1.97	-14.08	-10.04	50	-
Asset Writedown & Restructuring Costs	1,577	1,531	470.15	1,368	1,571
Provision & Write-off of Bad Debts	588.82	1,402	701.61	801	663
Other Operating Activities	-13,940	7,749	-3,360	2,583	12,950
Change in Accounts Receivable	-1,886	2,365	-38,199	5,530	-29,116
Change in Accounts Payable	-2,879	-13,837	43,900	-8,512	15,510
Change in Unearned Revenue	6,451	954.67	4,903	1,185	3,332
Change in Other Net Operating Assets	-5,507	-7,397	-349.66	-1,087	-2,677
Operating Cash Flow	78,555	132,430	98,279	74,183	69,856
Operating Cash Flow Growth	-40.68%	34.75%	32.48%	6.19%	164.89%
Capital Expenditures	-613.95	-2,461	-739.41	-1,747	-1,071
Sale of Property, Plant & Equipment	6.67	21.02	14.61	14	3
Sale (Purchase) of Intangibles	-4,147	-3,337	-2,056	-2,449	-2,625
Investment in Securities	-42,280	-110,802	-19,560	-78,289	-32,356
Investing Cash Flow	-47,034	-116,580	-22,340	-82,471	-36,049
Long-Term Debt Repaid	-4,525	-4,083	-3,918	-3,648	-2,893
Net Debt Issued (Repaid)	-4,525	-4,083	-3,918	-3,648	-2,893
Other Financing Activities	-116.35	-	-	342	346
Financing Cash Flow	-4,642	-4,083	-3,918	-3,306	-2,547
Foreign Exchange Rate Adjustments	17,937	2,438	-1,248	67	-56
Net Cash Flow	44,816	14,204	70,772	-11,527	31,204
Free Cash Flow	77,941	129,969	97,539	72,436	68,785
Free Cash Flow Growth	-40.03%	33.25%	34.66%	5.31%	170.93%
Free Cash Flow Margin	16.15%	18.22%	21.45%	17.50%	16.94%
Free Cash Flow Per Share	11216.34	18703.47	14036.65	10424.10	9898.69
Cash Interest Paid	130.03	156.63	121.72	111	186
Cash Income Tax Paid	31,943	28,080	29,307	30,273	12,815
Levered Free Cash Flow	37,512	94,602	73,514	59,412	56,152
Unlevered Free Cash Flow	37,596	94,703	73,594	59,484	56,269
Change in Working Capital	-3,821	-17,915	10,254	-2,884	-12,951

Source: S&P Global Market Intelligence. Standard template. Financial Sources.