HOSE:NT2 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	1,130,285	82,894	473,077	883,417	533,789
Depreciation & Amortization	556,150	687,070	687,213	688,838	690,464
Other Amortization	201.33	-	-	-	-
Loss (Gain) on Sale of Assets	-	-94,723	-98,796	-38.59	-380
Change in Accounts Receivable	-717,835	-717,466	558,744	-671,921	-775,013
Change in Inventory	-21,504	-72,243	47,094	3,452	4,177
Change in Accounts Payable	-915,412	600,627	715,186	22,118	871,208
Change in Other Net Operating Assets	1,139,262	73,299	-1,476,816	452,080	-208,823
Other Operating Activities	-167,941	-31,750	-49,106	-35,752	-41,455
Operating Cash Flow	1,003,205	527,709	856,597	1,383,410	1,073,965
Operating Cash Flow Growth	90.11%	-38.40%	-38.08%	28.81%	-12.14%
Capital Expenditures	-9,174	-3,557	-3,408	-1,459	-2,525
Sale of Property, Plant & Equipment	-	63.97	112.72	38.59	380
Investment in Securities	-1,484,000	-173,100	-1,151,391	-948,509	-
Other Investing Activities	120,855	109,746	64,586	3,755	10,740
Investing Cash Flow	-1,372,319	-66,847	-1,090,101	-946,174	8,595
Short-Term Debt Issued	3,750,146	2,354,644	1,550,563	830,507	1,363,868
Total Debt Issued	3,750,146	2,354,644	1,550,563	830,507	1,363,868
Short-Term Debt Repaid	-2,984,233	-2,558,251	-981,070	-410,000	-1,931,753
Total Debt Repaid	-2,984,233	-2,558,251	-981,070	-410,000	-1,931,753
Net Debt Issued (Repaid)	765,913	-203,607	569,493	420,507	-567,885
Common Dividends Paid	-431,453	-201,449	-719,135	-474,431	-575,385
Financing Cash Flow	334,460	-405,056	-149,642	-53,924	-1,143,270
Net Cash Flow	-34,654	55,805	-383,146	383,311	-60,710
Free Cash Flow	994,030	524,152	853,188	1,381,952	1,071,440
Free Cash Flow Growth	89.65%	-38.57%	-38.26%	28.98%	-12.26%
Free Cash Flow Margin	12.49%	8.82%	13.36%	15.73%	17.42%
Free Cash Flow Per Share	3452.98	1820.75	2963.74	4800.51	3721.88
Cash Interest Paid	62,595	32,890	33,573	14,964	21,337
Cash Income Tax Paid	84,903	20,095	47,479	46,340	38,891
Levered Free Cash Flow	-437,466	465,541	2,208,164	647,570	1,161,845
Unlevered Free Cash Flow	-397,034	487,373	2,229,316	657,174	1,174,562
Change in Working Capital	-515,490	-115,782	-155,792	-194,271	-108,453

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