HNX:VC2 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	15,602	17,051	57,509	14,237	29,477	59,944
Depreciation & Amortization	8,572	8,553	10,940	11,251	11,714	11,523
Loss (Gain) From Sale of Assets	16,306	-	-23,905	-11,198	-33,463	-7,132
Other Operating Activities	-40,434	-43,988	14,164	18,754	6,892	-15,547
Change in Accounts Receivable	-153,903	-359,763	376,909	-246,716	-250,069	-225,835
Change in Inventory	-58,325	-59,188	46,268	-82,199	-46,023	222,580
Change in Accounts Payable	229,113	280,084	40,871	53,375	40,719	-97,631
Change in Other Net Operating Assets	-17,046	-11,070	2,054	1,641	-10,491	-7,407
Operating Cash Flow	-115.45	-168,321	326,526	-240,855	-251,243	-59,505
Capital Expenditures	-2,008	-1,666	-7,712	-449.07	-6,546	-3,593
Sale of Property, Plant & Equipment	-	-	-	72.73	425.4	-
Investment in Securities	-232,116	67,730	-224,297	5,640	-15,822	-266,506
Other Investing Activities	42,157	22,802	6,644	3,623	14,453	1,410
Investing Cash Flow	-137,253	109,615	-292,359	8,280	97,409	-391,629
Long-Term Debt Issued	-	1,023,418	988,718	956,833	568,894	883,545
Long-Term Debt Repaid	-	-1,025,361	-1,012,365	-743,000	-543,565	-615,118
Net Debt Issued (Repaid)	68,805	-1,943	-23,647	213,834	25,330	268,426
Issuance of Common Stock	68,761	68,761	-	199,903	20,000	300,000
Common Dividends Paid	-0.87	-0.87	-0.35	-0.97	-5.94	-17,965
Other Financing Activities	-	-	-	1,000	-	-
Financing Cash Flow	137,565	66,817	-23,648	414,735	45,324	550,461
Net Cash Flow	196.64	8,111	10,519	182,161	-108,510	99,327
Free Cash Flow	-2,124	-169,988	318,813	-241,304	-257,789	-63,098
Free Cash Flow Margin	-0.18%	-14.92%	25.86%	-22.18%	-26.59%	-7.13%
Free Cash Flow Per Share	-27.46	-2247.16	4269.92	-4647.66	-4968.92	-2256.42
Cash Interest Paid	52,696	52,696	70,037	54,425	45,855	33,601
Cash Income Tax Paid	18,458	18,458	6,972	9,972	13,180	16,834
Levered Free Cash Flow	197,395	3,759	130,380	-274,597	-173,979	-237,322
Unlevered Free Cash Flow	232,069	38,732	172,309	-230,443	-141,113	-213,117
Change in Working Capital	-161.5	-149,937	267,818	-273,899	-265,864	-108,294

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