KT Corporation 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	470,286	1,009,861	1,260,470	1,356,878
Depreciation & Amortization	3,838,778	3,752,481	3,562,544	3,647,354
Other Amortization	90,770	115,317	148,122	-
Loss (Gain) From Sale of Assets	-21,783	-26,178	-277,493	41,371
Asset Writedown & Restructuring Costs	245,060	243,977	46,768	5,873
Loss (Gain) From Sale of Investments	65,269	4,714	4,465	-94,668
Loss (Gain) on Equity Investments	-8,294	44,323	16,821	-116,061
Provision & Write-off of Bad Debts	184,942	175,244	132,102	105,344
Other Operating Activities	132,127	430,043	500,358	584,089
Change in Accounts Receivable	-79,503	-124,023	-43,787	327,031
Change in Inventory	-29,225	-249,923	-179,255	32,798
Change in Accounts Payable	-233,799	121,515	-368,355	289,044
Change in Unearned Revenue	-1,900	905	-384	3,696
Change in Other Net Operating Assets	413,068	5,033	-1,205,311	-620,915
Operating Cash Flow	5,065,796	5,503,289	3,597,065	5,561,834
Operating Cash Flow Growth	-7.95%	52.99%	-35.33%	17.34%
Capital Expenditures	-2,909,481	-3,692,972	-3,439,857	-3,495,021
Sale of Property, Plant & Equipment	103,295	100,348	182,663	174,413
Cash Acquisitions	-10,310	-51,561	-41,088	-671,359
Divestitures	9,847	46,642	6,754	39,340
Sale (Purchase) of Intangibles	-431,698	-471,607	-525,102	-740,557
Investment in Securities	404,760	-571,824	-1,020,613	-441,153
Other Investing Activities	-16,261	4,352	-1,993	-3,943
Investing Cash Flow	-2,845,437	-4,620,508	-4,838,643	-5,137,474
Long-Term Debt Issued	4,597,704	5,381,231	4,234,570	2,899,567
Long-Term Debt Repaid	-5,147,103	-5,682,164	-3,221,933	-2,393,740
Net Debt Issued (Repaid)	-549,399	-300,933	1,012,637	505,827
Repurchase of Common Stock	-59,224	-308,074	-	-193,626
Common Dividends Paid	-872,350	-526,826	-450,393	-350,334
Other Financing Activities	90,920	683,041	107,087	-3,149
Financing Cash Flow	-1,390,053	-452,792	669,331	-41,282
Foreign Exchange Rate Adjustments	6,820	503	1,717	1,890
Net Cash Flow	837,126	430,492	-570,530	384,968
Free Cash Flow	2,156,315	1,810,317	157,208	2,066,813
Free Cash Flow Growth	19.11%	1051.54%	-92.39%	34.89%
Free Cash Flow Margin	8.16%	6.86%	0.61%	8.30%
Free Cash Flow Per Share	8765.34	7253.18	648.74	8769.37
Cash Interest Paid	394,162	361,741	263,520	257,809
Cash Income Tax Paid	350,575	303,766	351,212	356,466
Levered Free Cash Flow	1,582,892	463,231	-151,045	446,889
Unlevered Free Cash Flow	1,817,057	685,947	32,614	611,507
Change in Working Capital	68,641	-246,493	-1,797,092	31,654

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