HOSE:NCT Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021	2016 - 2020
Net Income	341,278	266,441	216,796	237,186	223,612	206,750	Upgrade
Depreciation & Amortization	27,274	27,385	30,650	27,671	26,252	30,453	Upgrade
Other Amortization	4,304	2,189	-	-	-	-	Upgrade
Loss (Gain) From Sale of Assets	-14,764	-	-205.71	-	-	-	Upgrade
Other Operating Activities	-17,749	-35,232	-11,143	-23,001	-14,240	-24,616	Upgrade
Change in Accounts Receivable	-28,480	-7,335	6,344	5,031	-20,720	2,569	Upgrade
Change in Inventory	-211.24	-461.6	439.14	320.05	-878.83	251.92	Upgrade
Change in Accounts Payable	57,788	52,776	27,452	-28,202	9,762	12,578	Upgrade
Change in Other Net Operating Assets	23,588	-50,474	1,008	2,734	-3,863	25,541	Upgrade
Operating Cash Flow	393,028	255,289	271,341	221,738	219,924	253,526	Upgrade
Operating Cash Flow Growth	61.82%	-5.92%	22.37%	0.83%	-13.25%	37.39%	Upgrade
Capital Expenditures	-52,549	-18,817	-9,681	-39,264	-25,229	-8,050	Upgrade
Sale of Property, Plant & Equipment	-	-	205.71	-	-	-	Upgrade
Investment in Securities	-301,419	-46,055	-69,620	40,190	-29,205	36,410	Upgrade
Other Investing Activities	39,340	27,165	22,210	15,327	9,168	25,412	Upgrade
Investing Cash Flow	-314,628	-37,707	-56,885	16,253	-45,266	53,772	Upgrade
Common Dividends Paid	-	-130,871	-209,142	-256,424	-169,889	-300,711	Upgrade
Financing Cash Flow	-	-130,871	-209,142	-256,424	-169,889	-300,711	Upgrade
Foreign Exchange Rate Adjustments	206.42	642.9	4.41	-4.11	-7.27	-5.08	Upgrade
Net Cash Flow	78,606	87,354	5,318	-18,437	4,761	6,582	Upgrade
Free Cash Flow	340,478	236,472	261,660	182,474	194,695	245,476	Upgrade
Free Cash Flow Growth	52.08%	-9.63%	43.40%	-6.28%	-20.69%	80.02%	Upgrade
Free Cash Flow Margin	30.49%	25.69%	37.29%	24.80%	26.23%	36.68%	Upgrade
Free Cash Flow Per Share	13012.38	9037.48	10000.08	6973.76	7440.84	9381.59	Upgrade
Cash Income Tax Paid	51,431	62,425	41,011	56,829	55,179	40,010	Upgrade
Levered Free Cash Flow	256,548	260,538	232,741	146,473	143,592	188,543	Upgrade
Unlevered Free Cash Flow	256,548	260,538	232,741	146,473	143,592	188,543	Upgrade
Change in Working Capital	52,685	-5,494	35,243	-20,117	-15,700	40,939	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.