Khai Hoan Land Group JSC (HOSE:KHG)

Khai Hoan Land Group JSC Cash Flow Statement

Financials in millions VND. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022
Net Income	66,423	54,626	25,361	442,469	413,504
Depreciation & Amortization	252.81	408.22	442.78	293.91	126.94
Other Amortization	-	13,835	3,828	-	-
Loss (Gain) From Sale of Assets	-218,441	-252,527	-282,811	-384,900	-
Other Operating Activities	6,866	9,697	-105,873	28,936	10,534
Change in Accounts Receivable	-477,589	-42,622	379,361	-842,263	-3,243,200
Change in Inventory	8,658	84,417	250,831	-66,676	-394,783
Change in Accounts Payable	34,828	94,416	-572,702	-197,139	723,158
Change in Other Net Operating Assets	1,859	-23,330	-19,485	-1,050	1,207
Operating Cash Flow	-577,144	-61,080	-321,047	-1,020,330	-2,489,453
Capital Expenditures	-782.6	-1,402	-273.6	-1,117	-343.71
Other Investing Activities	273,906	219,551	322,783	306,020	72,674
Investing Cash Flow	274,014	89,905	180,009	306,903	70,330
Long-Term Debt Issued	821,845	443,245	240,000	699,397	495,240
Long-Term Debt Repaid	-530,999	-415,230	-244,525	-354,072	-200,000
Net Debt Issued (Repaid)	290,847	28,015	-4,525	345,325	295,240
Issuance of Common Stock	-	-	-	-	2,525,799
Financing Cash Flow	290,847	28,015	-4,525	345,325	2,821,039
Net Cash Flow	-12,282	56,840	-145,562	-368,103	401,917
Free Cash Flow	-577,926	-62,482	-321,320	-1,021,447	-2,489,797
Free Cash Flow Margin	-93.35%	-20.17%	-97.21%	-73.16%	-193.29%
Free Cash Flow Per Share	-1285.89	-139.02	-714.94	-2552.85	-9716.23
Cash Interest Paid	129,008	120,424	114,615	116,447	48,818
Cash Income Tax Paid	17,227	5,512	116,890	104,778	23,497
Levered Free Cash Flow	-307,700	213,816	-935,873	-165,604	234,657
Unlevered Free Cash Flow	-223,322	283,764	-864,318	-90,396	268,240
Change in Working Capital	-432,244	112,881	38,005	-1,107,129	-2,913,618

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