HNX:TVD 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024
Net Income	78,395	95,329	144,019
Depreciation & Amortization	213,591	217,665	351,456
Other Amortization	-	127.88	-
Loss (Gain) From Sale of Assets	-8,727	-1,782	-
Other Operating Activities	-56,335	-82,032	-131,116
Change in Accounts Receivable	272,232	-302,701	368,903
Change in Inventory	-32,814	31,094	124,351
Change in Accounts Payable	5,458	278,171	-425,488
Change in Other Net Operating Assets	-100,088	-11,734	-10,514
Operating Cash Flow	371,713	224,138	421,610
Operating Cash Flow Growth	65.84%	-46.84%	-
Capital Expenditures	-498,054	-372,954	-162,019
Sale of Property, Plant & Equipment	8,533	1,782	-
Other Investing Activities	193.61	254.11	283.46
Investing Cash Flow	-489,327	-370,918	-161,735
Long-Term Debt Issued	1,465,118	1,414,397	1,353,502
Long-Term Debt Repaid	-1,315,730	-1,243,727	-1,535,724
Net Debt Issued (Repaid)	149,388	170,670	-182,221
Common Dividends Paid	-35,949	-40,492	-40,418
Financing Cash Flow	113,440	130,178	-222,639
Net Cash Flow	-4,175	-16,603	37,236
Free Cash Flow	-126,341	-148,816	259,591
Free Cash Flow Margin	-1.89%	-2.30%	3.97%
Free Cash Flow Per Share	-2810.63	-3309.49	5773.32
Cash Interest Paid	53,617	43,917	62,419
Cash Income Tax Paid	14,535	28,250	125,241
Levered Free Cash Flow	-96,241	-140,339	-
Unlevered Free Cash Flow	-62,599	-112,896	-
Change in Working Capital	144,788	-5,170	57,251

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