HOSE:THG Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	161,229	160,233	141,814	116,665	142,131	128,036
Depreciation & Amortization	65,590	64,048	54,582	52,344	47,425	51,090
Loss (Gain) From Sale of Assets	-7,092	-6,909	-5,903	-9,073	-6,210	-3,970
Other Operating Activities	-13,808	12,099	-1,356	7,163	-8,813	-36,346
Change in Accounts Receivable	36,356	-12,722	-44,986	40,017	-67,702	-19,712
Change in Inventory	51,533	108,434	-127,421	-101,365	-209,007	-41,789
Change in Accounts Payable	-22,806	53,623	244,509	-13,017	134,121	21,822
Change in Other Net Operating Assets	-25,954	-25,617	106.72	1,207	2,344	2,328
Operating Cash Flow	245,049	353,191	261,344	93,940	34,289	101,459
Operating Cash Flow Growth	-21.51%	35.14%	178.20%	173.97%	-66.20%	-54.93%
Capital Expenditures	-281,971	-321,455	-134,227	-16,621	-52,699	-44,515
Sale of Property, Plant & Equipment	666.58	571.3	801.97	-	772.73	528.34
Other Investing Activities	7,116	6,907	5,182	8,865	5,307	3,596
Investing Cash Flow	-260,021	-295,957	-116,472	-31,943	-56,336	-30,998
Long-Term Debt Issued	-	548,710	475,404	342,217	496,596	450,925
Long-Term Debt Repaid	-	-412,361	-467,496	-348,509	-447,654	-378,727
Net Debt Issued (Repaid)	160,186	136,349	7,908	-6,293	48,942	72,198
Common Dividends Paid	-82,922	-108,867	-68,865	-59,892	-63,882	-88,567
Other Financing Activities	-1,925	-1,925	-1,650	-500	38,926	13,917
Financing Cash Flow	75,339	25,557	-62,607	-66,685	23,986	-2,451
Foreign Exchange Rate Adjustments	8.69	14.58	-0.98	5.81	-4.31	-7.16
Net Cash Flow	60,376	82,806	82,264	-4,682	1,935	68,002
Free Cash Flow	-36,922	31,736	127,118	77,319	-18,410	56,944
Free Cash Flow Growth	-	-75.03%	64.41%	-	-	7.75%
Free Cash Flow Margin	-1.57%	1.31%	6.81%	4.63%	-1.12%	4.32%
Free Cash Flow Per Share	-1186.06	1019.48	4083.46	2483.71	-591.38	1922.96
Cash Interest Paid	29,414	25,626	13,764	19,749	11,327	21,409
Cash Income Tax Paid	52,392	29,925	34,129	12,283	42,795	50,145
Levered Free Cash Flow	-228,012	-129,551	115,015	33,906	-57,718	37,431
Unlevered Free Cash Flow	-211,190	-113,476	123,507	46,324	-50,662	45,684
Change in Working Capital	39,129	123,718	72,208	-73,158	-140,245	-37,351

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