Hua Na Hydropower 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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	475,840	269,753	236,522	583,474	131,522
Depreciation & Amortization	327,351	292,355	284,509	284,191	284,043
Loss (Gain) on Sale of Assets	-	-11,185	-13,960	-	-
Change in Accounts Receivable	4,161	173,808	-149,007	-60,321	51,044
Change in Inventory	2,308	373.37	1,609	4,330	-23.12
Change in Accounts Payable	-9,902	23,798	-8,662	-8,995	-12,495
Change in Other Net Operating Assets	7,233	-7,008	-100.74	827.71	2,891
Other Operating Activities	-38,762	-8,282	-16,859	-6,888	-12,812
Operating Cash Flow	768,229	733,611	334,052	796,619	444,170
Operating Cash Flow Growth	4.72%	119.61%	-58.07%	79.35%	259.00%
Capital Expenditures	-184,124	-506,669	-16,010	-24,004	-53,280
Sale of Property, Plant & Equipment	-	175.18	95.06	-	-
Investment in Securities	-360,000	-	-	-	-
Other Investing Activities	13,336	10,569	15,024	5,688	4,577
Investing Cash Flow	-530,788	-495,925	199,108	-218,316	-48,703
Long-Term Debt Issued	8,189	513,785	33,791	18,825	232,284
Long-Term Debt Repaid	-106,040	-193,576	-369,025	-522,092	-531,113
Net Debt Issued (Repaid)	-97,852	320,209	-335,234	-503,267	-298,829
Common Dividends Paid	-234,413	-233,690	-350,906	-	-
Financing Cash Flow	-332,265	86,519	-686,139	-503,267	-298,829
Foreign Exchange Rate Adjustments	-16.98	62.68	-	-	-
Net Cash Flow	-94,840	324,268	-152,979	75,035	96,637
Free Cash Flow	584,105	226,942	318,041	772,615	390,889
Free Cash Flow Growth	157.38%	-28.64%	-58.84%	97.66%	254.43%
Free Cash Flow Margin	50.63%	28.77%	42.48%	65.72%	56.56%
Free Cash Flow Per Share	2483.10	964.76	1352.03	3283.93	1661.38
Cash Interest Paid	28,518	11,714	38,395	70,972	105,930
Cash Income Tax Paid	25,814	13,677	17,392	24,332	6,423
Levered Free Cash Flow	286,022	315,648	275,548	560,641	314,905
Unlevered Free Cash Flow	303,510	321,831	296,378	603,831	379,054
Change in Working Capital	3,800	190,971	-156,161	-64,158	41,416

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