Ho Chi Minh City Infrastructure Investment JSC (HOSE:CII)

HOSE:CII Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022
Net Income	132,899	257,224	178,239	695,147	-332,403
Depreciation & Amortization	902,310	983,254	692,696	767,972	697,325
Other Amortization	487.73	565.88	-	-	-
Loss (Gain) From Sale of Assets	-377,882	-760,320	-1,407,476	-1,583,006	-578,524
Other Operating Activities	-606,554	-459,104	-103,395	21,331	-221,938
Change in Accounts Receivable	327,583	499,548	353,316	-683,011	368,177
Change in Inventory	-369,647	-88,651	996,384	1,927,999	-1,002,989
Change in Accounts Payable	-293,969	-52,722	-1,360,621	47,515	297,220
Change in Other Net Operating Assets	-40,597	-52,005	-95,159	-220,924	-108,525
Operating Cash Flow	-453,130	472,335	-1,140,787	973,024	-881,657
Capital Expenditures	-199,326	-411,293	-476,865	-251,345	-436,237
Sale of Property, Plant & Equipment	1,039	7,174	655.45	6,794	7,822
Cash Acquisitions	-	-379,108	-	-119,402	-44,595
Divestitures	-	-	1,110,887	496,251	1,034,107
Investment in Securities	-369,995	-31,915	-25,599	434,242	300,685
Other Investing Activities	221,840	262,560	536,421	203,066	152,744
Investing Cash Flow	-1,434,437	-2,058,276	374,422	-22,305	737,000
Long-Term Debt Issued	8,060,261	9,222,327	16,840,849	3,755,704	7,197,293
Long-Term Debt Repaid	-7,180,275	-6,991,009	-15,474,451	-5,531,987	-6,785,568
Net Debt Issued (Repaid)	879,987	2,231,319	1,366,398	-1,776,282	411,725
Issuance of Common Stock	1,029,961	13,136	563,767	413,465	-
Common Dividends Paid	-611,051	-507,415	-238,831	-1,390	-16,583
Financing Cash Flow	1,298,896	1,737,040	1,691,334	-1,364,207	395,141
Net Cash Flow	-588,670	151,099	924,969	-413,489	250,484
Free Cash Flow	-652,455	61,043	-1,617,652	721,679	-1,317,894
Free Cash Flow Margin	-22.00%	2.02%	-52.36%	12.55%	-46.08%
Free Cash Flow Per Share	-1196.95	167.97	-5217.51	2538.23	-4839.44
Cash Interest Paid	1,930,086	1,892,176	1,908,718	1,560,311	1,505,492
Cash Income Tax Paid	113,663	96,949	108,167	162,426	213,410
Levered Free Cash Flow	385,761	-1,155,157	689,809	2,501,650	-817,904
Unlevered Free Cash Flow	1,190,269	-342,934	1,511,354	3,201,122	-109,276
Change in Working Capital	-504,391	450,715	-500,851	1,071,579	-446,116

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