CIC Group 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
Period Ending	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024
Net Income	90,686	122,776	143,612
Depreciation & Amortization	18,344	21,121	18,794
Other Amortization	903.79	-	-
Loss (Gain) From Sale of Assets	-2,662	-435.67	1,244
Other Operating Activities	-54,644	-17,052	-1,478
Change in Accounts Receivable	224,168	-85,657	171,415
Change in Inventory	-52,919	-185,283	-90,678
Change in Accounts Payable	-352,817	-81,279	-351,753
Change in Other Net Operating Assets	6,614	1,111	-3,835
Operating Cash Flow	-122,325	-224,699	-112,680
Capital Expenditures	-72,242	-32,725	-58,387
Sale of Property, Plant & Equipment	42,225	277.9	810.27
Investment in Securities	-347.42	1,418	-
Other Investing Activities	404.03	833.69	694
Investing Cash Flow	-5,166	-27,195	-45,683
Short-Term Debt Issued	1,285,365	1,702,862	-
Long-Term Debt Issued	-	-	987,754
Total Debt Issued	1,285,365	1,702,862	987,754
Long-Term Debt Repaid	-1,598,483	-1,446,299	-852,986
Net Debt Issued (Repaid)	-313,118	256,563	134,768
Issuance of Common Stock	498,546	-	-
Repurchase of Common Stock	-9,518	-	-
Common Dividends Paid	-937.54	-632.71	-2,985
Financing Cash Flow	174,973	255,930	131,783
Net Cash Flow	47,482	4,036	-26,579
Free Cash Flow	-194,567	-257,424	-171,067
Free Cash Flow Margin	-22.75%	-19.89%	-13.15%
Free Cash Flow Per Share	-1475.57	-2251.96	-1496.50
Cash Interest Paid	28,885	22,564	31,180
Cash Income Tax Paid	37,243	33,062	32,029
Levered Free Cash Flow	-31,025	8,078	-
Unlevered Free Cash Flow	-12,767	22,073	-
Change in Working Capital	-174,954	-351,109	-274,852

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