X20 JSC 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	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	34,767	45,224	20,380	22,162	18,563
Depreciation & Amortization	24,677	33,611	29,796	30,386	37,314
Other Amortization	-	221.68	-	-	-
Loss (Gain) From Sale of Assets	-3,182	-1,570	-3,016	-1,694	-992.61
Other Operating Activities	-49,081	33,816	-6,835	-21,817	7,819
Change in Accounts Receivable	53,433	29,667	-49,381	82,569	-46,980
Change in Inventory	32,412	45,861	-46,389	40,317	-12,672
Change in Accounts Payable	-78,069	1,054	28,336	-120,726	106,059
Change in Other Net Operating Assets	57.47	-4,741	3,150	-10,605	743.74
Operating Cash Flow	15,014	183,142	-23,958	20,592	109,854
Operating Cash Flow Growth	-91.80%	-	-	-81.25%	-3.73%
Capital Expenditures	-29,080	-12,137	-30,752	-7,982	-20,526
Sale of Property, Plant & Equipment	-	244.62	88.14	520.94	-
Investment in Securities	-3,240	-100	4,822	-	-
Other Investing Activities	-13,133	1,326	2,941	1,308	961.56
Investing Cash Flow	-65,958	-10,667	-22,900	-11,275	-19,564
Long-Term Debt Issued	-	13,553	1,261	20,000	18,288
Long-Term Debt Repaid	-4,772	-294.25	-1,261	-36,389	-30,666
Net Debt Issued (Repaid)	-4,772	13,259	-	-16,389	-12,378
Repurchase of Common Stock	-3,240	-	-	-	-
Common Dividends Paid	-34,210	-10,350	-8,624	-8,625	-8,628
Financing Cash Flow	-42,222	2,909	-8,624	-25,014	-21,005
Foreign Exchange Rate Adjustments	12.86	133.57	-8.93	-106.2	-134.05
Net Cash Flow	-93,153	175,518	-55,492	-15,803	69,150
Free Cash Flow	-14,067	171,005	-54,710	12,610	89,328
Free Cash Flow Growth	-	-	-	-85.88%	-18.79%
Free Cash Flow Margin	-1.26%	13.14%	-5.29%	1.10%	9.27%
Free Cash Flow Per Share	-815.46	9913.31	-3171.60	-	-
Cash Interest Paid	897.66	0.49	25.98	883.61	1,701
Cash Income Tax Paid	12,339	7,809	4,201	7,813	8,188
Levered Free Cash Flow	-48,687	165,567	-47,195	32,539	86,958
Unlevered Free Cash Flow	-48,137	165,568	-47,178	33,091	88,034
Change in Working Capital	7,833	71,840	-64,283	-8,445	47,151

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