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	Jan '25 Jan 1, 2025	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	51,228	50,836	95,967	91,075
Other Amortization	882.95	-	-	-	-
Loss (Gain) From Sale of Assets	-18,227	-16,585	-22,579	-1,282	-573.6
Loss (Gain) on Equity Investments	-60.26	-180.77	-60.26	-	-
Other Operating Activities	-17,813	-26,615	-29,501	-11,753	-22,092
Change in Accounts Receivable	-3,088	4,195	-20,937	15,386	-15,948
Change in Inventory	47,116	-24,364	41,612	-31,013	2,505
Change in Accounts Payable	6,589	-26,657	-13,546	35,390	810.73
Change in Other Net Operating Assets	-13,719	-2,482	1,932	-7,309	-10,714
Operating Cash Flow	229,737	137,043	162,033	222,645	148,741
Operating Cash Flow Growth	67.64%	-15.42%	-27.22%	49.69%	-
Capital Expenditures	-34,855	-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	4,000	110,614	-3,614	-	-
Other Investing Activities	16,216	18,240	20,458	1,250	389.02
Investing Cash Flow	-14,212	93,453	10,641	-174,025	-28,971
Long-Term Debt Issued	1,028,792	1,027,745	872,360	781,798	588,250
Long-Term 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	-164,006	-104,356	-134,251	-72,507	-46,952
Financing Cash Flow	-160,284	-102,956	-75,623	-45,195	-131,539
Foreign Exchange Rate Adjustments	374.9	176.68	15.1	-	-
Net Cash Flow	55,616	127,717	97,066	3,424	-11,769
Free Cash Flow	194,882	101,526	155,666	47,286	119,162
Free Cash Flow Growth	91.95%	-34.78%	229.20%	-60.32%	-
Free Cash Flow Margin	14.27%	7.02%	11.79%	4.21%	14.52%
Free Cash Flow Per Share	6529.44	3401.60	5215.53	1584.39	3184.88
Cash Interest Paid	2,968	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	160,424	144,972	-	40,776	-
Unlevered Free Cash Flow	162,511	146,370	-	43,243	-
Change in Working Capital	36,898	-49,308	9,060	12,454	-23,346

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