Son Ha International 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	50,867	77,229	16,489	58,119	89,385
Depreciation & Amortization	95,253	84,006	93,204	89,240	83,665
Other Amortization	2,132	2,268	-	582.6	-
Loss (Gain) From Sale of Assets	-40,546	-129,485	-56,659	-43,958	-11,450
Other Operating Activities	40,810	48,944	50,856	26,583	64,665
Change in Accounts Receivable	-850,415	-958,215	-476,050	-68,341	-714,835
Change in Inventory	130,596	-146,909	516,074	-147,831	-551,613
Change in Accounts Payable	440,337	1,017,887	71,129	-126,753	789,152
Change in Other Net Operating Assets	3,670	12,744	21,361	20,087	20,976
Operating Cash Flow	-127,298	8,469	236,405	-192,272	-230,056
Operating Cash Flow Growth	-	-96.42%	-	-	-
Capital Expenditures	-253,480	-558,678	-387,920	-1,110,299	-84,044
Sale of Property, Plant & Equipment	2,381	80,526	728.56	25,810	21,406
Investment in Securities	1,600	-	-	-	-158,117
Other Investing Activities	37,280	60,786	56,711	41,663	10,800
Investing Cash Flow	-55,436	-578,805	-432,536	-1,147,711	-211,633
Long-Term Debt Issued	10,697,836	10,425,263	8,456,068	7,508,903	6,219,370
Long-Term Debt Repaid	-10,410,305	-9,830,382	-8,360,276	-6,634,473	-5,751,564
Net Debt Issued (Repaid)	287,531	594,882	95,792	874,430	467,807
Issuance of Common Stock	-	890	-	496,522	-
Common Dividends Paid	-26,896	-1,931	-4,275	-20,288	-78,872
Financing Cash Flow	260,635	593,840	91,517	1,350,664	388,935
Foreign Exchange Rate Adjustments	187.73	97.31	-117.37	-644.75	-423.19
Net Cash Flow	78,090	23,602	-104,732	10,037	-53,177
Free Cash Flow	-380,778	-550,209	-151,515	-1,302,570	-314,099
Free Cash Flow Margin	-3.23%	-4.89%	-1.58%	-16.33%	-4.44%
Free Cash Flow Per Share	-2240.53	-3231.10	-889.77	-8152.17	-2763.84
Cash Interest Paid	302,153	283,582	330,691	249,710	134,323
Cash Income Tax Paid	48,995	56,416	18,184	26,710	43,468
Levered Free Cash Flow	-9,156	-1,074,327	-444,455	-1,855,583	-
Unlevered Free Cash Flow	179,613	-897,738	-245,616	-1,698,204	-
Change in Working Capital	-275,813	-74,492	132,514	-322,838	-456,321

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