Lizen 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	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Net Income	150,870	121,474	103,615	192,035	181,759
Depreciation & Amortization	113,327	129,035	108,792	99,035	138,750
Loss (Gain) From Sale of Assets	-6,460	-5,771	-9,983	-267,796	-6,030
Other Operating Activities	28,298	107,382	61,876	-53,633	20,071
Change in Accounts Receivable	-	-580,298	-60,211	-205,827	788,161
Change in Inventory	135,263	-621,833	-126,979	-355,395	-259,841
Change in Accounts Payable	1,286,990	318,237	678,034	-332,994	-544,415
Change in Other Net Operating Assets	-910,358	1,589	-28,393	504.79	836.87
Operating Cash Flow	797,930	-530,186	726,751	-924,071	319,291
Operating Cash Flow Growth	-	-	-	-	-21.85%
Capital Expenditures	-10,212	-13,650	-14,240	-20,761	-1,512
Sale of Property, Plant & Equipment	-	-	370.04	900	460
Investment in Securities	-212,198	-148,875	136,544	516,279	954.55
Other Investing Activities	5,395	8,466	5,858	3,496	1,877
Investing Cash Flow	-242,805	-117,569	-38,761	663,186	-226,207
Long-Term Debt Issued	2,272,616	1,861,878	976,878	737,298	662,006
Long-Term Debt Repaid	-2,223,313	-1,524,267	-901,027	-633,050	-1,139,835
Net Debt Issued (Repaid)	49,303	337,611	75,851	104,248	-477,829
Issuance of Common Stock	-	34,500	-	1,371	479,378
Common Dividends Paid	-	-96,734	-132,749	-3.99	-80,674
Financing Cash Flow	49,303	275,377	-56,898	105,615	-79,125
Net Cash Flow	604,428	-372,378	631,092	-155,269	13,959
Free Cash Flow	787,717	-543,836	712,511	-944,832	317,780
Free Cash Flow Growth	-	-	-	-	20.78%
Free Cash Flow Margin	26.24%	-19.30%	35.48%	-93.94%	17.63%
Free Cash Flow Per Share	3811.46	-2654.96	3511.36	-4656.28	2075.15
Cash Interest Paid	-	59,732	50,910	68,759	107,323
Cash Income Tax Paid	-	16,120	25,689	118,124	4,005
Levered Free Cash Flow	886,286	-338,437	706,784	-966,608	-
Unlevered Free Cash Flow	932,276	-299,630	738,436	-923,241	-
Change in Working Capital	511,895	-882,305	462,451	-893,711	-15,258

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