Central Hydropower 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	Jan '22 Jan 1, 2022
Net Income	458,324	313,767	336,955	510,295	242,075
Depreciation & Amortization	226,869	224,349	224,850	225,669	225,653
Other Amortization	187.99	-	-	-	-
Loss (Gain) on Sale of Investments	-12,008	-6,221	-11,131	-	-
Change in Accounts Receivable	19,922	118,478	-79,600	-45,076	-120,112
Change in Inventory	1,854	2,893	3,607	-1,840	13,530
Change in Accounts Payable	8,097	2,622	-17,284	-3,666	740.06
Change in Other Net Operating Assets	359.95	11,064	19,882	17,846	-33,283
Other Operating Activities	-14,281	-13,464	-11,789	-14,598	-17,688
Operating Cash Flow	689,326	653,488	465,490	688,631	310,916
Operating Cash Flow Growth	5.48%	40.39%	-32.40%	121.48%	-38.17%
Capital Expenditures	-14,622	-8,684	-4,851	-2,897	-8,651
Sale of Property, Plant & Equipment	308.36	-	290.26	-	-
Investment in Securities	-	-	-10,000	-20,000	-
Other Investing Activities	10,389	6,113	11,289	6,644	4,137
Investing Cash Flow	-103,925	7,304	-3,272	-16,253	-4,515
Long-Term Debt Issued	159,613	-	-	-	69,000
Long-Term Debt Repaid	-368,209	-208,796	-208,796	-248,796	-318,546
Net Debt Issued (Repaid)	-208,596	-208,796	-208,796	-248,796	-249,546
Repurchase of Common Stock	-171.69	-	-	-	-
Common Dividends Paid	-321,415	-367,383	-391,422	-263,370	-235,524
Financing Cash Flow	-530,183	-576,179	-600,218	-512,166	-485,070
Foreign Exchange Rate Adjustments	4.15	40.59	-5.3	5.66	-0.14
Net Cash Flow	55,223	84,654	-138,005	160,217	-178,669
Free Cash Flow	674,705	644,805	460,639	685,734	302,264
Free Cash Flow Growth	4.64%	39.98%	-32.82%	126.87%	-13.81%
Free Cash Flow Margin	67.55%	79.20%	52.26%	62.31%	38.39%
Free Cash Flow Per Share	4279.55	4089.89	2921.72	4349.45	1917.19
Cash Interest Paid	35,785	55,661	85,787	97,700	117,022
Cash Income Tax Paid	27,462	18,375	16,512	22,146	18,335
Levered Free Cash Flow	535,400	429,478	337,820	628,078	243,160
Unlevered Free Cash Flow	558,012	463,384	391,353	688,935	315,597
Change in Working Capital	30,234	135,057	-73,394	-32,736	-139,124

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