HNX:SZB 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 2019	FY 2018
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Net Income	201,715	196,649	116,366	96,584	92,217
Depreciation & Amortization	46,437	42,474	38,276	26,021	23,127
Gain (Loss) on Sale of Assets	-	-	-	-	-4,918
Gain (Loss) on Sale of Investments	-18,081	-13,235	-18,269	-	-
Change in Accounts Receivable	11,864	-41,954	29,914	-2,807	8,434
Change in Accounts Payable	94,077	2,385	153,857	55,524	55,337
Change in Other Net Operating Assets	-118,867	-33,818	-12,625	7,139	-27,847
Other Operating Activities	5,830	-5,361	-9,920	-8,775	-15,854
Operating Cash Flow	222,856	148,290	296,111	178,865	137,134
Operating Cash Flow Growth	50.28%	-49.92%	65.55%	30.43%	-
Acquisition of Real Estate Assets	-157,943	-69,184	-81,650	-63,713	-70,360
Sale of Real Estate Assets	-	-	1.34	-	188.66
Net Sale / Acq. of Real Estate Assets	-157,943	-69,184	-81,649	-63,713	-70,171
Investment in Marketable & Equity Securities	-94,000	-2,200	-	-	-
Other Investing Activities	15,768	13,877	16,343	4,871	7,576
Investing Cash Flow	-236,175	-57,507	-33,905	-164,843	18,205
Long-Term Debt Issued	83,382	2,778	37,566	10,000	3,974
Long-Term Debt Repaid	-19,615	-11,799	-9,590	-	-48,686
Net Debt Issued (Repaid)	63,766	-9,021	27,976	10,000	-44,712
Common Dividends Paid	-90,000	-99,000	-90,000	-39,000	-111,000
Net Cash Flow	-39,553	-17,238	200,181	-14,977	-373.65
Cash Interest Paid	3,055	3,569	1,423	-	585.29
Cash Income Tax Paid	31,788	41,130	29,782	17,806	26,608
Levered Free Cash Flow	69,280	16,317	-	36,027	-
Unlevered Free Cash Flow	71,232	18,522	-	36,041	-
Change in Working Capital	-13,045	-72,237	169,657	65,036	42,561

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