Thuan Duc JSC Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2019	FY 2018
Period Ending	Dec '19 Dec 31, 2019	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Net Income	61,526	61,526	36,088
Depreciation & Amortization	30,150	30,150	20,333
Loss (Gain) From Sale of Assets	975.81	975.81	-
Other Operating Activities	40,172	40,172	8,743
Change in Accounts Receivable	-168,709	-168,709	-23,415
Change in Inventory	-147,443	-147,443	-162,052
Change in Accounts Payable	-26,947	-26,947	-16,426
Change in Other Net Operating Assets	-6,683	-6,683	-154.86
Operating Cash Flow	-216,958	-216,958	-136,885
Capital Expenditures	-56,915	-56,915	-60,437
Investment in Securities	-113,495	-113,495	-33,500
Other Investing Activities	1,680	1,680	46.96
Investing Cash Flow	-173,518	-173,518	-94,610
Long-Term Debt Issued	1,099,287	1,099,287	704,497
Long-Term Debt Repaid	-893,357	-893,357	-498,554
Net Debt Issued (Repaid)	205,929	205,929	205,943
Issuance of Common Stock	200,000	200,000	-
Financing Cash Flow	405,929	405,929	205,943
Foreign Exchange Rate Adjustments	55.7	55.7	238.53
Net Cash Flow	15,509	15,509	-25,314
Free Cash Flow	-273,873	-273,873	-197,322
Free Cash Flow Margin	-22.88%	-22.88%	-26.44%
Free Cash Flow Per Share	-9116.31	-9116.31	-7895.57
Cash Interest Paid	48,001	48,001	26,366
Cash Income Tax Paid	-21,111	-21,111	281.17
Levered Free Cash Flow	-421,984	-421,984	-
Unlevered Free Cash Flow	-390,924	-390,924	-
Change in Net Working Capital	443,871	443,871	-

Source: S&P Capital IQ. Standard template. Financial Sources.