HOSE:HCM 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	1,178,617	1,039,655	674,359	852,488	1,147,062
Depreciation & Amortization, Total	21,666	25,228	31,007	25,935	24,220
Gain (Loss) On Sale of Investments	-97,035	-161,014	-29,282	83,364	-69,446
Change in Accounts Receivable	-56,800	-208,345	299,198	58,755	-446,100
Change in Accounts Payable	-5,626	-3,633	-3,253	13,084	-10,019
Change in Other Net Operating Assets	-8,512,788	-9,094,675	-5,159,176	4,178,384	-4,882,810
Other Operating Activities	1,646,099	1,022,921	583,126	802,503	832,327
Operating Cash Flow	-11,715,421	-13,164,858	-4,553,328	6,731,741	-3,070,472
Capital Expenditures	-18,021	-18,660	-27,795	-35,722	-25,488
Investing Cash Flow	-18,014	-17,930	-27,795	-35,272	-25,488
Short-Term Debt Issued	202,925,500	131,966,443	49,420,848	74,341,648	127,794,031
Total Debt Issued	202,925,500	131,966,443	49,420,848	74,341,648	127,794,031
Short-Term Debt Repaid	-192,466,222	-120,696,836	-47,198,642	-82,443,461	-119,470,732
Total Debt Repaid	-192,466,222	-120,696,836	-47,198,642	-82,443,461	-119,470,732
Net Debt Issued (Repaid)	10,459,278	11,269,606	2,222,206	-8,101,812	8,323,299
Issuance of Common Stock	3,599,703	1,941,792	-	-	2,130,381
Common Dividends Paid	-647,928	-829,232	-457,166	-152,519	-365,980
Other Financing Activities	-	-	-	-	-89.6
Financing Cash Flow	13,411,053	12,382,167	1,765,040	-8,254,331	10,087,611
Net Cash Flow	1,677,617	-800,622	-2,816,083	-1,557,862	6,991,651
Free Cash Flow	-11,733,443	-13,183,518	-4,581,123	6,696,019	-3,095,960
Free Cash Flow Margin	-328.26%	-394.60%	-194.25%	218.17%	-85.96%
Free Cash Flow Per Share	-10864.74	-20762.08	-8712.81	12735.07	-8648.18
Cash Interest Paid	1,445,978	780,359	499,999	734,238	737,075
Cash Income Tax Paid	166,127	245,650	156,279	237,357	263,261

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