HOSE:LAF 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	40,125	44,954	28,618	25,742	39,631
Depreciation & Amortization	16,555	14,329	12,669	11,323	9,817
Other Amortization	257.08	257.08	-	-	-
Loss (Gain) From Sale of Assets	-1,160	-649.63	-307.33	-911.43	816.66
Other Operating Activities	1,172	2,642	1,775	3,370	-1,134
Change in Accounts Receivable	-55,605	-13,160	8,290	-16,055	-1,915
Change in Inventory	-153,403	52,632	46,830	-111,055	-46,954
Change in Accounts Payable	40,072	3,790	1,665	-12,606	3,051
Change in Other Net Operating Assets	867.33	1,673	1,514	-2,573	-1,176
Operating Cash Flow	-111,119	106,468	101,054	-102,765	2,136
Operating Cash Flow Growth	-	5.36%	-	-	-97.45%
Capital Expenditures	-66,500	-24,627	-17,745	-15,791	-18,481
Sale of Property, Plant & Equipment	4.73	42.14	71.35	-	15.28
Investment in Securities	60	-62,300	-	-	-60
Other Investing Activities	1,747	-259.79	400.7	1,107	1,077
Investing Cash Flow	-36,389	-87,145	-4,273	-14,684	-17,449
Short-Term Debt Issued	610,815	280,421	296,582	559,541	336,299
Total Debt Issued	610,815	280,421	296,582	559,541	336,299
Short-Term Debt Repaid	-435,634	-279,904	-377,976	-453,717	-
Long-Term Debt Repaid	-	-	-	-	-308,381
Total Debt Repaid	-435,634	-279,904	-377,976	-453,717	-308,381
Net Debt Issued (Repaid)	175,181	517.1	-81,394	105,825	27,918
Issuance of Common Stock	-	5,000	-	-	-
Common Dividends Paid	-22,841	-22,091	-22,091	-	-
Financing Cash Flow	152,340	-16,574	-103,486	105,825	27,918
Foreign Exchange Rate Adjustments	-8.22	11.13	17.37	-35.24	-4.08
Net Cash Flow	4,824	2,761	-6,688	-11,660	12,601
Free Cash Flow	-177,619	81,841	83,308	-118,556	-16,345
Free Cash Flow Growth	-	-1.76%	-	-	-
Free Cash Flow Margin	-28.83%	17.56%	19.31%	-23.25%	-3.94%
Free Cash Flow Per Share	-11664.20	5476.37	5656.45	-8049.69	-1109.79
Cash Interest Paid	9,679	3,623	7,208	9,320	3,701
Cash Income Tax Paid	10,560	11,072	6,780	5,354	2,943
Levered Free Cash Flow	-194,748	52,866	54,666	-84,845	-25,867
Unlevered Free Cash Flow	-188,480	59,553	63,735	-78,714	-23,534
Change in Working Capital	-168,069	44,935	58,300	-142,289	-46,994

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