HOSE:KBC 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	2,103,625	381,924	2,030,699	1,526,351	1,094,883
Depreciation & Amortization	181,751	165,080	132,516	76,156	75,692
Other Amortization	19,750	6,603	42,633	57,211	55,339
Gain (Loss) on Sale of Assets	-1,245,747	-485,129	-414,655	-2,527,061	-581,042
Gain (Loss) on Sale of Investments	-1,314	-23,849	-752.35	7,048	-2,938
Change in Accounts Receivable	-6,816,506	-1,357,632	562,612	-1,510,937	-2,079,224
Change in Accounts Payable	1,175,150	6,332,928	-535,415	1,886,535	-529,908
Change in Other Net Operating Assets	-38,831	-23,688	-7,693	23,824	3,749
Other Operating Activities	501,680	-2,213,495	796,312	58,320	393,979
Operating Cash Flow	-17,343,896	1,151,833	3,002,356	-1,217,559	-1,232,273
Operating Cash Flow Growth	-	-61.64%	-	-	-
Acquisition of Real Estate Assets	-130,044	-530,404	-1,251,432	-274,487	-240,288
Sale of Real Estate Assets	132,621	55,634	-	590.91	-
Net Sale / Acq. of Real Estate Assets	2,576	-474,770	-1,251,432	-273,896	-240,288
Investment in Marketable & Equity Securities	-5,278,911	-858,250	1,105,244	-422,089	-230,766
Other Investing Activities	429,852	324,480	75,198	221,053	112,434
Investing Cash Flow	-3,575,100	-1,874,495	152,733	-523,225	-3,151,164
Long-Term Debt Issued	20,233,206	9,416,896	1,068,253	1,992,468	4,640,537
Long-Term Debt Repaid	-1,727,302	-2,970,491	-5,065,179	-1,465,573	-3,308,557
Net Debt Issued (Repaid)	18,505,904	6,446,405	-3,996,925	526,895	1,331,980
Issuance of Common Stock	4,162,185	-	77,156	334,719	3,408,280
Common Dividends Paid	-	-11	-130,359	-158.86	-19,102
Other Financing Activities	53,405	1,000	53,194	-	1,175,000
Net Cash Flow	1,802,498	5,724,732	-841,845	-879,329	1,512,721
Cash Interest Paid	763,619	2,369,995	314,511	489,747	440,604
Cash Income Tax Paid	253,357	453,405	192,563	172,152	321,940
Levered Free Cash Flow	-12,931,658	-4,915,219	1,190,239	5,598	-2,144,971
Unlevered Free Cash Flow	-12,513,669	-4,749,669	1,411,545	310,941	-1,865,348
Change in Working Capital	-18,903,641	3,320,699	415,603	-415,584	-2,268,188

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