HOSE:SMB 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 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Net Income	176,852	178,505	154,277	127,259	103,677
Depreciation & Amortization	51,205	50,590	50,836	95,967	91,075
Other Amortization	882.95	637.23	-	-	-
Loss (Gain) From Sale of Assets	-	-16,585	-22,579	-1,282	-573.6
Loss (Gain) on Equity Investments	-	-180.77	-60.26	-	-
Other Operating Activities	-17,467	-26,615	-29,501	-11,753	-22,092
Change in Accounts Receivable	-	4,195	-20,937	15,386	-15,948
Change in Inventory	-	-24,364	41,612	-31,013	2,505
Change in Accounts Payable	-	-26,657	-13,546	35,390	810.73
Change in Other Net Operating Assets	-	-2,482	1,932	-7,309	-10,714
Operating Cash Flow	211,473	137,043	162,033	222,645	148,741
Operating Cash Flow Growth	54.31%	-15.42%	-27.22%	49.69%	-
Capital Expenditures	-30,360	-35,517	-6,367	-175,359	-29,579
Sale of Property, Plant & Equipment	426.78	115.53	163.64	83.17	218.18
Investment in Securities	-	110,614	-3,614	-	-
Other Investing Activities	31,185	18,240	20,458	1,250	389.02
Investing Cash Flow	5,252	93,453	10,641	-174,025	-28,971
Short-Term Debt Issued	1,028,792	-	-	-	-
Long-Term Debt Issued	-	1,027,745	872,360	781,798	588,250
Total Debt Issued	1,028,792	1,027,745	872,360	781,798	588,250
Short-Term Debt Repaid	-1,025,069	-	-	-	-
Long-Term Debt Repaid	-	-1,026,345	-813,732	-754,486	-672,837
Total Debt Repaid	-1,025,069	-1,026,345	-813,732	-754,486	-672,837
Net Debt Issued (Repaid)	3,722	1,400	58,628	27,312	-84,586
Common Dividends Paid	-164,023	-104,356	-134,251	-72,507	-46,952
Financing Cash Flow	-160,301	-102,956	-75,623	-45,195	-131,539
Foreign Exchange Rate Adjustments	374.84	176.68	15.1	-	-
Net Cash Flow	56,799	127,717	97,066	3,424	-11,769
Free Cash Flow	181,113	101,526	155,666	47,286	119,162
Free Cash Flow Growth	78.39%	-34.78%	229.20%	-60.32%	-
Free Cash Flow Margin	13.27%	7.02%	11.79%	4.21%	14.52%
Free Cash Flow Per Share	6067.75	3401.60	5215.53	1584.39	3184.88
Cash Interest Paid	2,923	2,360	4,149	3,335	6,331
Cash Income Tax Paid	36,611	41,604	42,384	28,141	26,087
Levered Free Cash Flow	165,033	144,915	-	40,776	-
Unlevered Free Cash Flow	167,120	146,370	-	43,243	-
Change in Working Capital	-	-49,308	9,060	12,454	-23,346

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