HNX:BTW Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Net Income	48,292	47,059	47,963	40,882	35,861
Depreciation & Amortization	39,929	37,486	36,633	32,986	26,534
Other Amortization	-	420.39	-	-	-
Loss (Gain) on Sale of Assets	-2,180	-1,921	-5,201	-2,282	-1,262
Change in Accounts Receivable	-29.59	-2,104	-2,278	13,389	1,666
Change in Inventory	-8,141	-1,347	-5,602	1,275	-2,079
Change in Accounts Payable	-3,449	-1,531	-21,793	57,446	-12,794
Change in Other Net Operating Assets	2,375	-3,665	-1,389	853.94	235.3
Other Operating Activities	-11,535	-15,408	-12,268	-5,004	-1,932
Operating Cash Flow	65,262	58,989	36,068	139,546	46,229
Operating Cash Flow Growth	10.63%	63.55%	-74.15%	201.86%	-11.16%
Capital Expenditures	-57,284	-45,061	-43,614	-47,276	-12,796
Sale of Property, Plant & Equipment	-	-	863.36	329.09	-
Investment in Securities	-5,000	-4,000	19,000	-35,000	-
Other Investing Activities	1,842	2,021	4,651	1,343	1,182
Investing Cash Flow	-60,442	-47,040	-19,100	-80,603	-21,613
Long-Term Debt Repaid	-4,031	-4,031	-4,031	-4,031	-4,034
Net Debt Issued (Repaid)	-4,031	-4,031	-4,031	-4,031	-4,034
Common Dividends Paid	-25,477	-20,784	-19,995	-11,297	-11,180
Financing Cash Flow	-29,509	-24,815	-24,027	-15,328	-15,215
Net Cash Flow	-24,688	-12,866	-7,059	43,614	9,401
Free Cash Flow	7,978	13,928	-7,547	92,270	33,433
Free Cash Flow Growth	-42.72%	-	-	175.98%	64.18%
Free Cash Flow Margin	1.45%	2.48%	-1.42%	19.68%	7.36%
Free Cash Flow Per Share	852.30	1488.08	-806.29	9858.54	3571.66
Cash Interest Paid	515.26	854.48	1,414	1,455	2,232
Cash Income Tax Paid	8,839	14,135	15,557	7,069	7,207
Levered Free Cash Flow	11,927	18,369	-5,045	-	31,291
Unlevered Free Cash Flow	12,248	18,895	-4,172	-	32,686
Change in Working Capital	-9,245	-8,647	-31,061	72,964	-12,972

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