HOSE:HAH 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	1,206,513	650,499	384,901	821,937	445,513
Depreciation & Amortization	587,257	456,240	364,344	278,066	163,542
Other Amortization	1,109	932.67	-	-	-
Loss (Gain) From Sale of Assets	-24,801	-12,722	-21,762	-25,195	-40,145
Provision & Write-off of Bad Debts	-	-	-	-57.77	620.63
Other Operating Activities	232,376	236,177	-92,850	246,761	116,704
Change in Accounts Receivable	-923,830	234,570	21,332	-322,176	-92,595
Change in Inventory	-67,465	9,349	-18,691	-30,020	-2,720
Change in Accounts Payable	771,174	281,897	-17,173	332,960	210,459
Change in Other Net Operating Assets	-73,816	-50,322	-83,785	-7,558	-11,295
Operating Cash Flow	1,708,516	1,806,620	536,316	1,294,718	790,085
Operating Cash Flow Growth	-5.43%	236.86%	-58.58%	63.87%	185.34%
Capital Expenditures	-1,691,226	-2,087,946	-866,017	-1,603,781	-619,849
Sale of Property, Plant & Equipment	-	3,190	1,450	-	53,027
Investment in Securities	-422,500	-	-	-17,000	-78,000
Other Investing Activities	25,389	9,952	20,782	25,219	19,663
Investing Cash Flow	-2,006,837	-2,060,803	-776,186	-1,661,288	-649,538
Long-Term Debt Issued	793,553	1,482,598	546,150	716,285	286,573
Long-Term Debt Repaid	-725,458	-553,373	-489,528	-368,984	-194,767
Net Debt Issued (Repaid)	68,095	929,225	56,622	347,300	91,806
Issuance of Common Stock	-	-	-	20,489	98,940
Common Dividends Paid	-129,894	-15.96	-9,763	-68,560	-67,084
Other Financing Activities	-26,990	-	22,594	-	-
Financing Cash Flow	-88,789	929,209	69,453	299,229	123,661
Foreign Exchange Rate Adjustments	-1,186	1,447	352.42	-1,911	-499.24
Net Cash Flow	-388,295	676,473	-170,065	-69,251	263,708
Free Cash Flow	17,290	-281,325	-329,701	-309,063	170,236
Free Cash Flow Margin	0.34%	-7.05%	-12.62%	-9.64%	8.71%
Free Cash Flow Per Share	97.19	-1783.41	-2090.07	-1993.69	1130.72
Cash Interest Paid	133,261	83,355	74,974	55,579	29,897
Cash Income Tax Paid	274,347	117,037	149,738	209,256	96,160
Levered Free Cash Flow	-139,663	-378,247	-386,880	-811,917	-226,537
Unlevered Free Cash Flow	-57,564	-314,144	-341,020	-776,187	-206,455
Change in Working Capital	-293,937	475,494	-98,317	-26,793	103,850

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