Viet Thang 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024
Net Income	40,320	23,758	12,079
Depreciation & Amortization	63,505	95,286	96,407
Other Amortization	464.97	116.27	-
Loss (Gain) From Sale of Assets	-1,064	-2,534	-16,031
Other Operating Activities	-535.58	11,404	-7,362
Change in Accounts Receivable	-41,559	17,083	34,000
Change in Inventory	152,159	-30,171	-212.45
Change in Accounts Payable	-41,973	-141,274	-57,884
Change in Other Net Operating Assets	-	-2,921	-4,890
Operating Cash Flow	187,918	-29,253	56,108
Capital Expenditures	-17,053	-20,070	-123,166
Sale of Property, Plant & Equipment	437.05	637.85	968.31
Investment in Securities	-	109,000	241,500
Other Investing Activities	1,673	3,136	27,525
Investing Cash Flow	-14,943	92,704	146,828
Long-Term Debt Issued	941,010	1,088,686	1,051,782
Long-Term Debt Repaid	-957,470	-1,090,566	-1,313,623
Net Debt Issued (Repaid)	-16,460	-1,880	-261,842
Common Dividends Paid	-22,329	-21,480	-54,732
Financing Cash Flow	-38,789	-23,360	-316,574
Foreign Exchange Rate Adjustments	1,828	602.94	-69.3
Net Cash Flow	136,013	40,693	-113,708
Free Cash Flow	170,865	-49,323	-67,058
Free Cash Flow Margin	10.66%	-2.89%	-3.99%
Free Cash Flow Per Share	8136.41	-2348.70	-3193.24
Cash Interest Paid	23,830	31,830	40,812
Cash Income Tax Paid	19,432	1,354	1,086
Levered Free Cash Flow	191,923	-36,715	-
Unlevered Free Cash Flow	191,923	-16,836	-
Change in Working Capital	85,228	-157,284	-28,986

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