HOSE:VNE 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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Net Income	65,443	-254,759	-18,116	14,472	7,949
Depreciation & Amortization	58,205	61,457	60,281	73,718	30,133
Other Amortization	-	0.02	-	-	-
Loss (Gain) From Sale of Assets	-	11,573	-8,352	-6,779	-5,036
Loss (Gain) From Sale of Investments	-109,285	-	-	-	-
Other Operating Activities	-104,499	136,760	13,167	-43,192	-111,203
Change in Accounts Receivable	-415,599	106,757	141,491	-90,181	-368,221
Change in Inventory	73,246	138,998	-52,719	-345,929	12,090
Change in Accounts Payable	484,874	-140,719	-369,356	-455,368	729,197
Change in Other Net Operating Assets	848.49	-22,717	2,775	2,564	-3,966
Operating Cash Flow	53,234	37,350	-230,829	-850,696	290,942
Operating Cash Flow Growth	42.53%	-	-	-	207.81%
Capital Expenditures	-200	-5,577	-72,399	-48,565	-603,573
Sale of Property, Plant & Equipment	13,545	110,541	77.83	265.99	-
Investment in Securities	-103,987	3,127	-370.42	-1,000	2,718
Other Investing Activities	10.37	344.06	8,121	7,996	2,373
Investing Cash Flow	-72,323	126,744	2,916	-32,167	-688,515
Long-Term Debt Issued	45,507	316,759	1,795,524	2,673,779	1,506,262
Long-Term Debt Repaid	-38,780	-502,658	-1,677,181	-1,709,477	-1,175,768
Net Debt Issued (Repaid)	6,727	-185,899	118,343	964,302	330,494
Issuance of Common Stock	-	-	752.12	-	-
Other Financing Activities	-	-	-	3,250	19,350
Financing Cash Flow	6,727	-185,899	119,095	967,552	349,844
Foreign Exchange Rate Adjustments	0.01	0.12	-	-0	-0.49
Net Cash Flow	-12,362	-21,805	-108,818	84,690	-47,730
Free Cash Flow	53,034	31,773	-303,228	-899,261	-312,631
Free Cash Flow Growth	66.92%	-	-	-	-
Free Cash Flow Margin	10.27%	4.54%	-28.67%	-42.16%	-15.64%
Free Cash Flow Per Share	646.32	387.21	-3699.93	-10975.42	-3815.64
Cash Interest Paid	31,789	44,218	110,034	96,997	36,722
Cash Income Tax Paid	5,720	6,259	1,375	9,963	1,977
Levered Free Cash Flow	-183,530	166,296	-102,330	-378,358	-709,360
Unlevered Free Cash Flow	-118,845	266,458	-25,036	-314,725	-686,113
Change in Working Capital	143,370	82,319	-277,808	-888,914	369,100

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