Alphanam E&C JSC Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	46,070	22,701	21,198	20,937	21,286
Depreciation & Amortization	4,023	3,907	4,115	-	-
Other Amortization	169.33	113.59	-	-	-
Loss (Gain) From Sale of Assets	-9,693	-9,693	-272.08	-	-
Other Operating Activities	4,491	1,647	893.83	52,846	47,169
Change in Accounts Receivable	-948,559	34,862	-600,164	-	-
Change in Inventory	32,247	-137,711	211,341	-	-
Change in Accounts Payable	480,653	302,097	-85,480	-	-
Change in Other Net Operating Assets	796.36	-3,087	3,422	-	-
Operating Cash Flow	-553,026	93,011	-444,945	73,783	68,455
Operating Cash Flow Growth	-	-	-	7.78%	-
Capital Expenditures	-10,767	-12,194	-3,235	-	-
Investment in Securities	114,830	-311,546	-	-	-
Other Investing Activities	9,558	6,291	205.87	24.78	-
Investing Cash Flow	269,512	-387,144	-15,543	24.78	-
Short-Term Debt Issued	-	2,440,823	1,364,061	-	-
Long-Term Debt Issued	-	-	-	647,696	660,893
Total Debt Issued	3,995,426	2,440,823	1,364,061	647,696	660,893
Short-Term Debt Repaid	-	-2,190,900	-929,886	-	-
Long-Term Debt Repaid	-	-	-	-1,111,970	-716,573
Total Debt Repaid	-3,755,547	-2,190,900	-929,886	-1,111,970	-716,573
Net Debt Issued (Repaid)	239,879	249,922	434,176	-464,275	-55,680
Issuance of Common Stock	58,500	58,500	-	400,000	-
Financing Cash Flow	298,379	308,422	434,176	-64,275	-55,680
Foreign Exchange Rate Adjustments	-	-	-	0.31	-
Net Cash Flow	14,865	14,289	-26,313	9,534	12,775
Free Cash Flow	-563,792	80,817	-448,180	73,783	68,455
Free Cash Flow Growth	-	-	-	7.78%	-
Free Cash Flow Margin	-10.94%	2.40%	-20.23%	3.33%	3.84%
Free Cash Flow Per Share	-8644.43	1239.52	-6873.93	1850.10	-
Cash Interest Paid	122,369	97,790	62,831	54,157	55,903
Cash Income Tax Paid	10,346	5,913	5,446	5,747	7,533
Levered Free Cash Flow	-	5,363	-456,224	-236,547	-
Unlevered Free Cash Flow	-	66,735	-416,689	-202,322	-
Change in Working Capital	-603,099	74,335	-470,880	-	-

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