Nafoods Group 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	Dec '21 Dec 31, 2021
Net Income	145,797	116,183	109,731	79,713	77,492
Depreciation & Amortization	99,281	93,015	61,450	29,206	26,844
Other Amortization	2,810	2,839	-	-	-
Loss (Gain) From Sale of Assets	-12,774	-15,658	-11,957	-1,641	-6,097
Other Operating Activities	-20,553	-47,288	83,789	12,835	6,769
Change in Accounts Receivable	-46,783	-18,605	125,955	-29,714	-30,521
Change in Inventory	-8,406	60,610	-49,310	-16,866	33,378
Change in Accounts Payable	44,565	-68,520	-181,842	-63,270	1,122
Change in Other Net Operating Assets	-91,945	-14,204	-12,814	-8,005	-1,096
Operating Cash Flow	111,992	108,371	125,000	2,257	107,891
Operating Cash Flow Growth	3.34%	-13.30%	5437.27%	-97.91%	175.92%
Capital Expenditures	-206,354	-95,491	-151,851	-84,269	-103,948
Sale of Property, Plant & Equipment	246	23,064	5,766	17,414	906.5
Investment in Securities	60	-	-28,104	-	24,291
Other Investing Activities	9,635	10,129	10,059	4,454	4,725
Investing Cash Flow	-219,985	-68,628	-259,130	-60,143	-140,203
Long-Term Debt Issued	3,166,002	2,444,176	1,823,278	1,412,924	1,234,334
Long-Term Debt Repaid	-2,739,999	-2,405,792	-1,667,330	-1,339,419	-1,193,725
Net Debt Issued (Repaid)	426,004	38,384	155,948	73,505	40,610
Issuance of Common Stock	-	-	-	-	29,963
Repurchase of Common Stock	-304,223	-72,760	-	-	-
Common Dividends Paid	-13,415	-13,415	-13,415	-13,415	-13,415
Financing Cash Flow	108,366	-47,791	142,533	60,090	57,158
Foreign Exchange Rate Adjustments	-6.04	-21.61	31.15	98.23	-0.68
Net Cash Flow	366.55	-8,069	8,434	2,302	24,845
Free Cash Flow	-94,362	12,880	-26,851	-82,012	3,943
Free Cash Flow Growth	-	-	-	-	-69.34%
Free Cash Flow Margin	-4.57%	0.90%	-1.55%	-4.64%	0.24%
Free Cash Flow Per Share	-1666.86	210.52	-438.86	-1341.00	67.80
Cash Interest Paid	63,138	50,247	45,007	27,376	32,480
Cash Income Tax Paid	13,722	12,290	10,684	2,510	5,489
Levered Free Cash Flow	-74,535	8,756	273,608	-177,686	-65,859
Unlevered Free Cash Flow	-29,723	41,231	302,164	-160,559	-45,814
Change in Working Capital	-102,570	-40,720	-118,011	-117,856	2,883

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