MB Securities JSC Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,153,480	1,130,873	743,553	584,016	514,206	586,811
Depreciation & Amortization, Total	37,040	40,608	41,500	37,896	26,765	13,640
Gain (Loss) On Sale of Investments	25,388	18,184	-9,638	-10,820	9,238	-12,760
Change in Accounts Receivable	-32,599	128,363	178,515	164,855	88,676	39,915
Change in Accounts Payable	7,568	-1,848	-4,757	-15,072	10,513	-389,014
Change in Other Net Operating Assets	-6,550,034	-5,336,294	-4,647,058	-6,156,554	324,517	-5,664,101
Other Operating Activities	1,109,011	900,995	600,514	277,559	378,387	413,968
Operating Cash Flow	-5,094,093	-4,495,472	-4,077,430	-3,751,683	357,833	-5,390,221
Capital Expenditures	-11,576	-15,023	-9,801	-73,090	-113,917	-90,925
Other Investing Activities	9,201	6,700	-	-	-	-
Investing Cash Flow	-685.69	-8,018	-9,414	-73,023	-113,157	-90,633
Long-Term Debt Issued	-	54,639,373	38,636,047	52,639,894	13,688,384	17,889,566
Total Debt Issued	61,105,679	54,639,373	38,636,047	52,639,894	13,688,384	17,889,566
Long-Term Debt Repaid	-	-49,479,027	-34,509,687	-48,438,874	-14,986,100	-13,173,205
Total Debt Repaid	-55,773,441	-49,479,027	-34,509,687	-48,438,874	-14,986,100	-13,173,205
Net Debt Issued (Repaid)	5,332,238	5,160,346	4,126,359	4,201,020	-1,297,716	4,716,361
Issuance of Common Stock	773,261	687,340	1,686,988	-	1,129,748	786,396
Repurchase of Common Stock	-	-	-	-	-91.4	-532.66
Common Dividends Paid	-686,473	-686,473	-524,209	-	-	-
Financing Cash Flow	5,419,026	5,161,213	5,289,139	4,201,020	-168,059	5,502,224
Net Cash Flow	324,248	657,722	1,202,295	376,313	76,617	21,370
Free Cash Flow	-5,105,669	-4,510,495	-4,087,231	-3,824,773	243,917	-5,481,146
Free Cash Flow Margin	-169.10%	-162.21%	-158.25%	-267.20%	15.99%	-296.04%
Free Cash Flow Per Share	-7751.17	-6928.97	-6840.47	-7172.68	615.70	-14407.90
Cash Interest Paid	901,558	781,358	494,937	337,807	409,817	284,379
Cash Income Tax Paid	275,787	218,981	151,904	152,704	120,898	133,860

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