HOSE:ICT 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	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024
Net Income	31,742	31,104	14,924
Depreciation & Amortization	12,957	13,491	12,507
Other Amortization	1,721	1,721	-
Loss (Gain) From Sale of Assets	-12,480	-11,951	-5,124
Other Operating Activities	25,255	-15,353	-11,140
Change in Accounts Receivable	-156,340	303,627	-204,527
Change in Inventory	29,530	-10,276	115,762
Change in Accounts Payable	134,037	56,822	88,712
Change in Other Net Operating Assets	14,222	1,276	355.49
Operating Cash Flow	80,646	370,460	11,469
Operating Cash Flow Growth	-78.23%	3130.19%	-
Capital Expenditures	-11,139	-1,922	-20,950
Sale of Property, Plant & Equipment	740	20.42	427.27
Other Investing Activities	11,748	3,399	5,319
Investing Cash Flow	1,349	1,497	-15,204
Short-Term Debt Issued	814,984	676,881	736,426
Total Debt Issued	814,984	676,881	736,426
Short-Term Debt Repaid	-769,281	-700,337	-806,388
Total Debt Repaid	-769,281	-700,337	-806,388
Net Debt Issued (Repaid)	45,703	-23,456	-69,962
Common Dividends Paid	-32,064	-16,204	-32,177
Financing Cash Flow	13,639	-39,659	-102,139
Foreign Exchange Rate Adjustments	14.51	-	-67.08
Net Cash Flow	95,648	332,298	-105,942
Free Cash Flow	69,507	368,538	-9,482
Free Cash Flow Growth	-81.14%	-	-
Free Cash Flow Margin	3.29%	23.44%	-0.63%
Free Cash Flow Per Share	2159.05	11450.62	-294.60
Cash Interest Paid	10,597	12,170	29,130
Cash Income Tax Paid	4,984	5,746	2,856
Levered Free Cash Flow	33,958	357,414	-
Unlevered Free Cash Flow	43,307	364,926	-
Change in Working Capital	21,450	351,448	302.4

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