HOSE:SMC 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Net Income	167,448	29,240	-885,289	-578,988	874,000
Depreciation & Amortization	89,245	111,624	106,711	134,020	96,221
Other Amortization	558.99	-	-	-	666.41
Loss (Gain) From Sale of Assets	-	-	-79,388	-73,059	-82,675
Other Operating Activities	-476,795	-481,848	374,278	-99,350	162,077
Change in Accounts Receivable	249,340	268,735	761,420	-34,973	-1,179,065
Change in Inventory	224,418	208,386	808,681	999,672	-858,154
Change in Accounts Payable	-281,121	-792,037	-658,198	59,570	336,413
Change in Other Net Operating Assets	18,889	147,823	13,366	-6,685	-101,768
Operating Cash Flow	-8,017	-508,075	441,580	400,206	-752,284
Operating Cash Flow Growth	-	-	10.34%	-	-
Capital Expenditures	-1,211	-4,684	-249,158	-160,213	-538,636
Sale of Property, Plant & Equipment	414,017	287,410	32,736	74,373	970.95
Investment in Securities	-	109,720	-	-	-16,395
Other Investing Activities	26,870	238,362	80,227	71,171	54,862
Investing Cash Flow	347,188	610,295	43,841	-3,020	-636,332
Long-Term Debt Issued	5,245,978	7,755,826	9,554,473	14,856,460	13,642,439
Long-Term Debt Repaid	-5,593,208	-8,384,585	-10,184,609	-15,032,586	-12,751,454
Net Debt Issued (Repaid)	-347,230	-628,758	-630,136	-176,126	890,986
Common Dividends Paid	-	-	-	-30,461	-60,923
Financing Cash Flow	-347,230	-628,758	-630,136	-206,588	830,063
Foreign Exchange Rate Adjustments	98.76	110.39	492.07	-1,234	-231.12
Net Cash Flow	-7,961	-526,429	-144,222	189,365	-558,785
Free Cash Flow	-9,229	-512,759	192,422	239,994	-1,290,921
Free Cash Flow Growth	-	-	-19.82%	-	-
Free Cash Flow Margin	-0.13%	-5.74%	1.40%	1.03%	-6.06%
Free Cash Flow Per Share	-125.38	-6961.93	2614.19	3630.94	-17657.83
Cash Interest Paid	112,802	182,484	269,019	239,567	156,924
Cash Income Tax Paid	-24,811	9,392	11,757	76,549	159,322
Levered Free Cash Flow	226,476	-416,269	741,634	866,265	-2,149,815
Unlevered Free Cash Flow	319,211	-306,012	907,623	1,016,833	-2,047,596
Change in Working Capital	211,527	-167,092	925,269	1,017,583	-1,802,574

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