HNX:VC9 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 2022	FY 2021
Period Ending	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	810.54	789.29	1,396	1,878	1,691
Depreciation & Amortization	583.17	2,076	2,871	11,066	23,910
Loss (Gain) From Sale of Assets	-451.67	-	228.63	-58,232	-16,872
Other Operating Activities	-3.14	-4,007	-16,849	41,112	11,505
Change in Accounts Receivable	83,041	155,958	163,207	90,364	40,328
Change in Inventory	22,910	-16,682	-50,549	36,741	-49,803
Change in Accounts Payable	-102,710	-53,776	-127,607	63,361	104,740
Change in Other Net Operating Assets	2,141	2,262	-11,521	-29,110	-12,661
Operating Cash Flow	6,321	86,621	-38,824	157,181	102,839
Operating Cash Flow Growth	-92.70%	-	-	52.84%	-
Capital Expenditures	-68	-	-9,713	-55,044	-
Sale of Property, Plant & Equipment	-	-	1,057	17,734	2,419
Other Investing Activities	662.57	10,479	10,304	-	1,243
Investing Cash Flow	13,495	26,929	91,323	-72,645	-57,878
Long-Term Debt Issued	114,059	175,569	315,946	123,326	148,182
Total Debt Issued	114,059	175,569	315,946	123,326	148,182
Long-Term Debt Repaid	-135,692	-282,135	-422,889	-200,714	-192,860
Total Debt Repaid	-135,692	-282,135	-422,889	-200,714	-192,860
Net Debt Issued (Repaid)	-21,633	-106,565	-106,943	-77,388	-44,677
Issuance of Common Stock	-	-	50,000	-	-
Financing Cash Flow	-21,633	-106,565	-56,943	-77,388	-44,677
Net Cash Flow	-1,817	6,985	-4,444	7,149	283.48
Free Cash Flow	6,253	86,621	-48,537	102,137	102,839
Free Cash Flow Growth	-92.78%	-	-	-0.68%	-
Free Cash Flow Margin	2.64%	37.06%	-18.08%	25.92%	49.00%
Free Cash Flow Per Share	374.51	5188.39	-3397.10	8756.91	8817.27
Cash Interest Paid	6,453	11,963	36,885	-	19,962
Cash Income Tax Paid	-	-	-	-	2,918
Levered Free Cash Flow	44,670	90,941	110,685	30,312	-
Unlevered Free Cash Flow	48,737	96,797	129,796	49,793	-
Change in Working Capital	5,382	87,763	-26,471	161,356	82,605

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.