HOSE:TAL Cash Flow Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	747,720	664,816	456,789	357,018
Depreciation & Amortization	61,567	58,643	36,651	29,313
Other Amortization	971.37	971.37	-	-
Loss (Gain) From Sale of Assets	-674,542	-922,124	-78,443	-66,521
Other Operating Activities	-79,765	-1,748	-47,770	-10,936
Change in Accounts Receivable	-554,060	89,461	-436,521	104,951
Change in Inventory	-2,673,319	-497,154	-1,287,807	-202,676
Change in Accounts Payable	686,784	-1,210,854	67,918	-451,938
Change in Other Net Operating Assets	-61,524	22,984	-36,247	36,140
Operating Cash Flow	-2,546,168	-1,795,005	-1,311,562	-218,520
Capital Expenditures	-341,063	-790,972	-610,745	-153,773
Sale of Property, Plant & Equipment	376.96	91.86	-	792.95
Investment in Securities	1,481,373	2,200,250	-264,240	32,001
Other Investing Activities	156,266	99,671	26,187	20,953
Investing Cash Flow	1,155,033	2,153,375	-904,075	-347,620
Long-Term Debt Issued	-	2,018,702	4,167,897	1,661,852
Long-Term Debt Repaid	-	-1,736,426	-2,067,849	-1,657,019
Net Debt Issued (Repaid)	19,545	282,276	2,100,048	4,833
Issuance of Common Stock	2,089,086	642.59	11,502	759,428
Repurchase of Common Stock	-14,148	-14,148	-	-
Common Dividends Paid	-360,724	-456,463	-73,073	-3,275
Financing Cash Flow	1,733,759	-187,692	2,038,476	760,985
Miscellaneous Cash Flow Adjustments	-0	-0	-	-
Net Cash Flow	342,623	170,678	-177,160	194,845
Free Cash Flow	-2,887,231	-2,585,977	-1,922,306	-372,293
Free Cash Flow Margin	-110.78%	-153.52%	-59.37%	-13.16%
Free Cash Flow Per Share	-9477.83	-8707.00	-6472.41	-
Cash Interest Paid	307,320	313,816	123,341	111,887
Cash Income Tax Paid	194,340	80,002	173,439	44,415
Levered Free Cash Flow	-2,195,037	-2,123,141	-	-
Unlevered Free Cash Flow	-2,081,709	-2,014,663	-	-
Change in Working Capital	-2,602,119	-1,595,563	-1,678,787	-527,394

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