HOSE:PVT 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	1,037,773	1,093,234	972,444	857,339	659,757
Depreciation & Amortization	2,191,241	1,798,639	1,354,304	1,195,322	929,746
Loss (Gain) From Sale of Assets	-223,479	-391,001	-397,953	-445,326	-193,829
Other Operating Activities	360,876	391,037	71,279	510,069	255,181
Change in Accounts Receivable	-730,953	-197,576	65,151	45,768	-506,285
Change in Inventory	-14,363	-98,408	-22,850	-37,348	-29,630
Change in Accounts Payable	474,877	5,078	92,290	57,137	-107,799
Change in Other Net Operating Assets	65,253	-33,037	-435,463	-11,061	-178,532
Operating Cash Flow	3,161,225	2,567,967	1,699,202	2,171,899	828,609
Operating Cash Flow Growth	23.10%	51.13%	-21.76%	162.11%	-46.04%
Capital Expenditures	-3,740,281	-3,965,707	-4,186,166	-1,660,712	-1,935,503
Sale of Property, Plant & Equipment	6,217	306,233	74,460	389,312	100,540
Other Investing Activities	230,015	224,780	283,844	166,388	171,895
Investing Cash Flow	-3,123,382	-3,317,440	-4,599,714	-2,019,795	-1,599,474
Long-Term Debt Issued	3,319,018	2,736,032	3,564,671	1,489,440	1,635,686
Long-Term Debt Repaid	-2,548,230	-1,808,754	-1,368,330	-1,090,434	-909,576
Net Debt Issued (Repaid)	770,788	927,278	2,196,341	399,006	726,110
Common Dividends Paid	-69,322	-152,171	-171,852	-40,495	-382,512
Other Financing Activities	-	140,665	57,645	-	238,922
Financing Cash Flow	701,466	915,773	2,082,134	358,511	582,519
Foreign Exchange Rate Adjustments	8,186	6,505	3,855	-251.61	-1,169
Net Cash Flow	747,495	172,805	-814,524	510,363	-189,515
Free Cash Flow	-579,056	-1,397,740	-2,486,964	511,187	-1,106,894
Free Cash Flow Margin	-3.62%	-11.91%	-26.02%	5.65%	-14.84%
Free Cash Flow Per Share	-1232.21	-2974.35	-4811.02	898.98	-2141.26
Cash Interest Paid	443,088	422,148	505,394	207,641	119,800
Cash Income Tax Paid	368,186	299,108	341,804	257,519	234,662
Levered Free Cash Flow	-909,154	-1,313,892	-2,182,201	432,651	-851,149
Unlevered Free Cash Flow	-627,724	-1,041,023	-1,944,754	581,427	-761,977
Change in Working Capital	-205,186	-323,942	-300,872	54,495	-822,246

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