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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024
Net Income	40,231	23,758	12,079
Depreciation & Amortization	63,505	95,402	96,407
Other Amortization	464.97	-	-
Loss (Gain) From Sale of Assets	-1,204	-2,534	-16,031
Other Operating Activities	405.25	11,404	-7,362
Change in Accounts Receivable	-46,314	17,083	34,000
Change in Inventory	148,388	-30,171	-212.45
Change in Accounts Payable	-17,035	-141,274	-57,884
Change in Other Net Operating Assets	16,600	-2,921	-4,890
Operating Cash Flow	205,042	-29,253	56,108
Capital Expenditures	-17,053	-20,070	-123,166
Sale of Property, Plant & Equipment	569.05	637.85	968.31
Investment in Securities	-	109,000	241,500
Other Investing Activities	615.77	3,136	27,525
Investing Cash Flow	-15,868	92,704	146,828
Long-Term Debt Issued	935,987	1,088,686	1,051,782
Long-Term Debt Repaid	-968,199	-1,090,566	-1,313,623
Net Debt Issued (Repaid)	-32,212	-1,880	-261,842
Common Dividends Paid	-22,173	-21,480	-54,732
Financing Cash Flow	-54,386	-23,360	-316,574
Foreign Exchange Rate Adjustments	1,226	602.94	-69.3
Net Cash Flow	136,013	40,693	-113,708
Free Cash Flow	187,988	-49,323	-67,058
Free Cash Flow Margin	11.72%	-2.89%	-3.99%
Free Cash Flow Per Share	8951.83	-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	175,758	-36,715	-
Unlevered Free Cash Flow	190,670	-16,836	-
Change in Working Capital	101,639	-157,284	-28,986

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