Viet First Securities Cash Flow Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2017	FY 2016
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Net Income	144,388	125,172	85,656	1,763	348.7
Depreciation & Amortization, Total	-119.51	957.19	1,891	317.82	631.42
Gain (Loss) On Sale of Investments	-15,472	-9,587	55,092	-3,249	2,637
Change in Accounts Receivable	-70,512	-5,800	-19,953	-0.58	92.14
Change in Accounts Payable	-316.79	-1,619	-853.16	-42,978	21.95
Change in Other Net Operating Assets	-3,244,178	-2,151,637	-1,015,068	3,340	49,547
Other Operating Activities	172,421	55,843	-21,610	6,303	3,922
Operating Cash Flow	-3,057,002	-1,956,603	-832,454	-7,542	29,721
Capital Expenditures	-3,101	-6,727	-755	-	-
Other Investing Activities	2,888	14,728	44,508	3,321	636.33
Investing Cash Flow	-213.48	8,001	43,753	3,321	685.8
Short-Term Debt Issued	-	3,508,000	2,068,000	121,000	-
Long-Term Debt Issued	-	-	397,500	-	-
Total Debt Issued	9,302,574	3,508,000	2,465,500	121,000	-
Short-Term Debt Repaid	-	-1,808,000	-1,668,000	-51,000	-
Total Debt Repaid	-6,168,000	-1,808,000	-1,668,000	-51,000	-
Net Debt Issued (Repaid)	3,134,574	1,700,000	797,500	70,000	-
Financing Cash Flow	2,934,900	1,700,000	797,500	70,000	-
Net Cash Flow	-122,315	-248,602	8,798	65,779	30,406
Free Cash Flow	-3,060,103	-1,963,330	-833,209	-7,542	29,721
Free Cash Flow Margin	-1040.57%	-840.06%	-422.47%	-25.78%	130.89%
Free Cash Flow Per Share	-19397.61	-13164.96	-11400.39	-478.99	1887.49
Cash Interest Paid	145,556	41,334	1,088	-	-
Cash Income Tax Paid	35,610	28,775	28,630	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.