PC3 - Investment 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	35,784	40,827	32,206	38,152	42,877	33,130
Depreciation & Amortization	38,884	38,800	37,222	38,623	39,457	38,306
Other Amortization	21.62	21.62	-	-	-	-
Loss (Gain) on Sale of Assets	-	-	-	-	-2,104	-1,291
Loss (Gain) on Sale of Investments	-122.71	-	-	-	-	-
Change in Accounts Receivable	16,048	-11,251	501.57	1,263	366.34	1,141
Change in Inventory	31.93	143.06	-359.39	520.67	-125.82	-441.45
Change in Accounts Payable	1,905	8,656	-572.3	-2,625	2,447	2,014
Change in Other Net Operating Assets	-608.12	299.76	-410.72	160.55	-187.57	-219.07
Other Operating Activities	-11,996	-7,512	-3,438	-6,557	-3,868	-2,796
Operating Cash Flow	79,947	69,984	65,148	69,536	78,861	69,843
Operating Cash Flow Growth	26.19%	7.42%	-6.31%	-11.82%	12.91%	71.58%
Capital Expenditures	-22,807	-26,623	-24,578	-1,642	-2,090	-6,296
Investment in Securities	-7,000	-7,000	-	-	-	-
Other Investing Activities	964.38	986.83	765.37	1,717	1,920	1,287
Investing Cash Flow	-31,813	-32,636	-28,812	4,576	-3,803	-5,877
Long-Term Debt Issued	-	-	-	50,000	-	-
Long-Term Debt Repaid	-	-10,000	-10,000	-105,967	-40,742	-28,247
Net Debt Issued (Repaid)	-25,000	-10,000	-10,000	-55,967	-40,742	-28,247
Common Dividends Paid	-26,406	-26,430	-33,065	-36,274	-27,734	-16,476
Financing Cash Flow	-51,406	-36,430	-43,065	-92,241	-68,476	-44,724
Foreign Exchange Rate Adjustments	0.06	0.06	0.09	0.05	2.22	-4.06
Net Cash Flow	-3,273	918.3	-6,729	-18,129	6,584	19,239
Free Cash Flow	57,140	43,361	40,571	67,894	76,771	63,547
Free Cash Flow Growth	63.16%	6.88%	-40.24%	-11.56%	20.81%	58.64%
Free Cash Flow Margin	38.56%	27.89%	34.76%	49.25%	51.39%	49.89%
Free Cash Flow Per Share	1714.05	1300.58	1216.89	2036.43	1951.63	1906.59
Cash Interest Paid	2,113	2,113	2,566	6,900	10,805	13,015
Cash Income Tax Paid	8,938	8,938	2,671	4,463	3,055	1,057
Levered Free Cash Flow	62,183	52,522	6,990	55,138	94,831	55,719
Unlevered Free Cash Flow	63,351	53,836	8,595	59,351	101,569	63,822
Change in Working Capital	17,377	-2,153	-840.83	-681.41	2,500	2,494

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