HOSE:DXS 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	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	336,463	140,671	-168,120	344,529	538,796
Depreciation & Amortization	43,559	39,578	51,855	52,588	46,696
Other Amortization	-	9,100	-	-	-
Loss (Gain) From Sale of Assets	-39,092	9,743	60,319	-54,278	-49,281
Other Operating Activities	309,959	133,669	28,647	209,150	465,531
Change in Accounts Receivable	-777,321	691,862	555,754	-192,444	-3,169,931
Change in Inventory	-584,006	-271,397	65,919	-2,203,992	-288,230
Change in Accounts Payable	510,356	-515,367	-784,149	-706,306	1,558,635
Change in Other Net Operating Assets	-40,822	-19,695	4,196	-15,340	22,427
Operating Cash Flow	-240,904	218,163	-185,580	-2,566,093	-875,356
Capital Expenditures	-67,006	-39,516	-24,267	-84,591	-104,579
Sale of Property, Plant & Equipment	5,209	8,290	3,171	2,375	7,391
Investment in Securities	-47,538	-120,218	-9,574	84,570	-6,038
Other Investing Activities	55,656	48,216	38,900	45,165	48,715
Investing Cash Flow	-180,216	-68,758	81,511	-145,985	-130,062
Long-Term Debt Issued	3,835,554	1,861,355	1,582,261	3,403,663	1,405,171
Long-Term Debt Repaid	-3,073,926	-1,803,952	-1,747,464	-1,821,863	-1,049,053
Net Debt Issued (Repaid)	761,629	57,403	-165,204	1,581,800	356,118
Issuance of Common Stock	138,526	-	-	25	1,121,980
Repurchase of Common Stock	-	-	-3,920	-	-
Common Dividends Paid	-99,570	-3,701	-70,461	-348,766	-298,303
Other Financing Activities	-	6,450	57,658	339,096	311,740
Financing Cash Flow	800,585	60,152	-181,927	1,572,155	1,491,535
Net Cash Flow	379,464	209,557	-285,996	-1,139,923	486,117
Free Cash Flow	-307,910	178,647	-209,847	-2,650,684	-979,935
Free Cash Flow Margin	-7.82%	7.33%	-10.51%	-64.71%	-22.64%
Free Cash Flow Per Share	-531.70	308.49	-362.37	-4617.09	-1761.68
Cash Interest Paid	121,573	98,054	124,348	16,995	75,331
Cash Income Tax Paid	67,026	108,457	78,478	241,886	389,513
Levered Free Cash Flow	-456,504	38,943	103,955	-2,167,670	-1,213,264
Unlevered Free Cash Flow	-396,369	100,104	182,954	-2,089,418	-1,165,106
Change in Working Capital	-891,793	-114,597	-158,281	-3,118,083	-1,877,098

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