Me Lin Steel 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	10,907	9,615	8,105	4,446	5,676	63,016
Depreciation & Amortization	5,903	6,014	6,243	-	-	-
Other Operating Activities	-82,020	-42,194	-35,221	-143,701	4,215	2,402
Operating Cash Flow	-65,211	-26,564	-20,873	-139,255	9,890	65,418
Operating Cash Flow Growth	-	-	-	-	-84.88%	-
Capital Expenditures	308.54	-2,076	-3,195	-	-1,688	-2,215
Sale of Property, Plant & Equipment	18,128	18,128	545.45	110.91	72.73	-
Investment in Securities	-	-	-	-	-	30,000
Other Investing Activities	10.21	10.48	11.79	12,493	1,950	47.54
Investing Cash Flow	18,447	16,062	-2,637	12,604	7,835	20,332
Short-Term Debt Issued	-	825,438	819,974	697,369	660,468	484,922
Total Debt Issued	891,839	825,438	819,974	697,369	660,468	484,922
Short-Term Debt Repaid	-	-816,491	-787,398	-578,020	-655,104	-574,802
Total Debt Repaid	-851,556	-816,491	-787,398	-578,020	-655,104	-574,802
Net Debt Issued (Repaid)	40,283	8,946	32,575	119,349	5,363	-89,880
Common Dividends Paid	-	-	-	-	-15,000	-
Financing Cash Flow	40,283	8,946	32,575	119,349	-9,637	-89,880
Foreign Exchange Rate Adjustments	7.59	7.59	-0.33	50.59	-	-
Net Cash Flow	-6,474	-1,548	9,064	-7,251	8,088	-4,130
Free Cash Flow	-64,902	-28,641	-24,068	-139,255	8,203	63,202
Free Cash Flow Growth	-	-	-	-	-87.02%	-
Free Cash Flow Margin	-7.57%	-3.42%	-2.73%	-20.76%	1.06%	9.19%
Free Cash Flow Per Share	-4326.81	-1909.38	-1604.51	-9270.33	546.28	4213.44
Cash Interest Paid	24,355	23,242	24,508	28,063	20,105	17,271
Cash Income Tax Paid	2,422	2,337	266.95	2.8	7,891	12,135
Levered Free Cash Flow	-55,947	-26,831	-26,138	-134,460	3,513	-
Unlevered Free Cash Flow	-40,725	-12,373	-10,906	-116,823	16,141	-

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