Southern Seed 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	27,298	42,519	54,706	50,665	54,447
Depreciation & Amortization	12,218	13,235	12,064	9,511	9,964
Other Amortization	657.41	749.72	-	-	-
Loss (Gain) From Sale of Assets	936.21	-747.74	-11,454	-531.36	-
Loss (Gain) on Equity Investments	-	-	-9,900	-	-9,900
Other Operating Activities	5,626	-25,190	-7,885	-10,812	-6,867
Change in Accounts Receivable	10,304	-11,879	49,435	-9,264	19,174
Change in Inventory	-31,495	-47,120	-17,432	-10,279	-2,546
Change in Accounts Payable	9,651	-25,007	3,032	4,678	2,991
Change in Other Net Operating Assets	591.44	-259.52	-604.35	-211.82	1,024
Operating Cash Flow	35,786	-53,699	71,961	33,756	68,286
Operating Cash Flow Growth	-	-	113.18%	-50.57%	41.00%
Capital Expenditures	-3,888	-6,928	-28,021	-13,013	-14,910
Sale of Property, Plant & Equipment	-	819	11,835	569.82	-
Other Investing Activities	5,038	17,540	7,445	13,440	3,726
Investing Cash Flow	31,151	36,431	-63,742	-19,003	-36,184
Short-Term Debt Issued	106,215	187,178	32,866	-	-
Total Debt Issued	106,215	187,178	32,866	-	-
Short-Term Debt Repaid	-129,386	-164,007	-32,866	-	-
Total Debt Repaid	-129,386	-164,007	-32,866	-	-
Net Debt Issued (Repaid)	-23,171	23,171	-	-	-
Common Dividends Paid	-26,439	-39,789	-39,821	-39,789	-19,861
Financing Cash Flow	-49,610	-16,618	-39,821	-39,789	-19,861
Foreign Exchange Rate Adjustments	-	0.66	0.46	0.79	0.24
Net Cash Flow	17,327	-33,886	-31,601	-25,035	12,241
Free Cash Flow	31,899	-60,627	43,940	20,743	53,376
Free Cash Flow Growth	-	-	111.83%	-61.14%	14.14%
Free Cash Flow Margin	10.53%	-15.62%	14.55%	6.91%	17.19%
Free Cash Flow Per Share	2403.49	-4568.10	3310.78	1562.95	4021.74
Cash Interest Paid	3,494	2,714	487.83	-	-
Cash Income Tax Paid	1,615	21,765	4,094	14,762	10,417
Levered Free Cash Flow	58,226	-27,450	-19,790	6,605	9,154
Unlevered Free Cash Flow	60,637	-25,754	-19,485	6,605	9,154
Change in Working Capital	-10,949	-84,265	34,430	-15,077	20,642

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