HOSE:AAT 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
Period Ending	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023
Net Income	23,723	-8,346	-2,467	67,634
Depreciation & Amortization	61,778	57,882	42,969	38,809
Loss (Gain) From Sale of Assets	-3,608	-6,911	-	-
Other Operating Activities	-136,743	-239,016	-1,646	-344,911
Change in Accounts Receivable	-76,809	191,934	36,376	-
Change in Inventory	-4,889	12,523	-14,051	-
Change in Accounts Payable	31,414	-22,038	-24,780	-
Change in Other Net Operating Assets	14,744	-53,671	4,513	-
Operating Cash Flow	-90,390	-67,643	40,913	-238,469
Capital Expenditures	-101,920	-27,388	-6,258	-114,088
Sale of Property, Plant & Equipment	12,367	-	6,258	298,858
Investment in Securities	-	67,322	-	-
Other Investing Activities	2,408	1,376	2,302	118.79
Investing Cash Flow	-28,830	34,722	-35,698	147,989
Long-Term Debt Issued	469,004	283,322	241,828	270,562
Long-Term Debt Repaid	-403,585	-240,973	-260,781	-257,586
Net Debt Issued (Repaid)	65,419	42,349	-18,952	12,976
Financing Cash Flow	65,419	42,349	-18,952	12,976
Foreign Exchange Rate Adjustments	3.32	3.32	3.91	-
Miscellaneous Cash Flow Adjustments	80,676	-	-	-
Net Cash Flow	26,878	9,431	-13,733	-77,504
Free Cash Flow	-192,310	-95,031	34,656	-352,557
Free Cash Flow Margin	-19.06%	-16.30%	5.78%	-36.66%
Free Cash Flow Per Share	-2715.51	-1341.88	489.35	-4978.27
Cash Interest Paid	30,910	19,639	23,347	18,095
Cash Income Tax Paid	8,213	787.43	2,136	6,848
Levered Free Cash Flow	-105,346	189,745	-28,280	-
Unlevered Free Cash Flow	-85,728	202,663	-13,688	-
Change in Working Capital	-35,541	128,748	2,057	-

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