Vietcap Securities JSC 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	1,387,817	1,341,955	910,692	491,905	868,978	1,498,718
Depreciation & Amortization, Total	14,524	12,573	10,751	9,680	9,647	7,497
Gain (Loss) On Sale of Investments	-85,190	8,865	2,447	1,323	247,662	-158,072
Change in Accounts Receivable	-4,939	-1,747	-159.67	-2,879	2,489	-15,990
Change in Accounts Payable	767,393	-52,867	9,776	-82,008	-553,314	485,663
Change in Other Net Operating Assets	-12,039,800	-9,497,852	-4,305,287	-5,786,202	2,578,247	-5,475,830
Other Operating Activities	-138,619	938,441	861,200	548,860	608,636	634,577
Operating Cash Flow	-11,701,096	-8,790,736	-3,384,049	-4,355,554	3,741,889	-3,750,013
Capital Expenditures	-69,706	-59,609	-31,302	-7,898	-22,378	-6,429
Investing Cash Flow	-67,161	-57,063	-31,302	-7,898	-21,693	-6,429
Short-Term Debt Issued	-	39,299,956	28,212,221	20,322,010	15,126,047	16,591,567
Total Debt Issued	45,475,927	39,299,956	28,212,221	20,322,010	15,126,047	16,591,567
Short-Term Debt Repaid	-	-35,809,270	-24,737,632	-18,096,042	-16,579,490	-11,629,267
Total Debt Repaid	-37,543,246	-35,809,270	-24,737,632	-18,096,042	-16,579,490	-11,629,267
Net Debt Issued (Repaid)	7,932,681	3,490,686	3,474,589	2,225,968	-1,453,443	4,962,300
Issuance of Common Stock	4,006,506	4,006,506	4,074,440	24,001	25,000	13,500
Common Dividends Paid	-424,944	-179,472	-177,804	-522,120	-	-730,123
Financing Cash Flow	11,514,243	7,317,720	7,371,225	1,727,849	-1,428,443	4,245,677
Net Cash Flow	-254,015	-1,530,078	3,955,874	-2,635,604	2,291,753	489,236
Free Cash Flow	-11,770,803	-8,850,345	-3,415,351	-4,363,453	3,719,511	-3,756,441
Free Cash Flow Margin	-256.29%	-214.11%	-118.58%	-233.52%	139.88%	-112.78%
Free Cash Flow Per Share	-	-9058.26	-4277.33	-5695.13	4875.52	-4955.03
Cash Interest Paid	816,161	816,161	724,992	629,850	453,801	275,011
Cash Income Tax Paid	153,546	153,546	150,292	78,030	329,208	277,955

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