Nam Mu Hydropower 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	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	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	2016 - 2020
Net Income	33,469	47,136	53,741	57,188	51,113	56,100	Upgrade
Depreciation & Amortization	22,499	22,388	33,652	38,050	38,833	36,119	Upgrade
Loss (Gain) on Sale of Assets	-4,880	-4,053	-	-0.31	-	-	Upgrade
Change in Accounts Receivable	-9,184	6,144	308.08	629.04	-4,674	-1,496	Upgrade
Change in Inventory	8.7	0.78	0.63	14.25	8.41	19,033	Upgrade
Change in Accounts Payable	-3,514	678.61	8,661	-1,738	-5,610	-6,233	Upgrade
Change in Other Net Operating Assets	665.64	-188.43	3,403	-5,632	382	2,532	Upgrade
Other Operating Activities	-2,264	-4,014	-5,551	-4,910	-2,706	-5,360	Upgrade
Operating Cash Flow	36,798	68,092	94,214	83,601	77,347	100,695	Upgrade
Operating Cash Flow Growth	-69.06%	-27.73%	12.70%	8.09%	-23.19%	10.22%	Upgrade
Capital Expenditures	-5,002	-9,052	-11,320	-1,637	-90.91	-4,344	Upgrade
Investment in Securities	-85,400	-84,400	-1,100	-500	-	-29,500	Upgrade
Other Investing Activities	3,428	2,600	4,011	2,369	816.94	-	Upgrade
Investing Cash Flow	-86,975	-90,852	-8,409	231.74	726.03	-33,844	Upgrade
Long-Term Debt Issued	-	-	-	-	23,109	11,761	Upgrade
Long-Term Debt Repaid	-	-	-	-	-49,819	-53,083	Upgrade
Net Debt Issued (Repaid)	5,285	-	-	-	-26,710	-41,322	Upgrade
Common Dividends Paid	-67,125	-46,148	-50,347	-46,150	-46,155	-41,952	Upgrade
Financing Cash Flow	-40,863	-46,148	-50,347	-46,150	-72,865	-83,274	Upgrade
Foreign Exchange Rate Adjustments	-	-	-	-	-	0.01	Upgrade
Net Cash Flow	-91,039	-68,908	35,458	37,683	5,208	-16,423	Upgrade
Free Cash Flow	31,796	59,039	82,894	81,964	77,256	96,350	Upgrade
Free Cash Flow Growth	-69.25%	-28.78%	1.14%	6.09%	-19.82%	6.95%	Upgrade
Free Cash Flow Margin	27.95%	39.62%	52.26%	46.24%	46.59%	50.99%	Upgrade
Free Cash Flow Per Share	1514.17	2811.95	3947.22	3902.69	3678.91	4587.40	Upgrade
Cash Interest Paid	-	-	-	-	1,014	4,738	Upgrade
Cash Income Tax Paid	11,753	11,753	11,297	13,052	11,218	10,669	Upgrade
Levered Free Cash Flow	-	54,656	74,893	79,400	70,671	76,838	Upgrade
Unlevered Free Cash Flow	-	54,673	74,951	79,400	71,305	79,905	Upgrade
Change in Net Working Capital	-	-6,764	-12,606	396.87	7,661	-9,962	Upgrade

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.