HOSE:VOS 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 2015
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '15 Dec 31, 2015
Net Income	304,743	335,255	155,371	487,942	-297,906
Depreciation & Amortization	327,447	463,032	284,851	308,440	384,355
Other Amortization	-	69.97	-	-	-
Loss (Gain) From Sale of Assets	-348,768	-428,324	-98,860	-25,813	-
Other Operating Activities	43,666	-103,468	9,607	99,980	166,238
Change in Accounts Receivable	-492,780	-163,653	53,265	-126,638	-
Change in Inventory	8,046	18,030	18,845	-51,992	-
Change in Accounts Payable	60,333	-73,278	-128,718	-29,293	-
Change in Other Net Operating Assets	-32,305	20,862	70,770	-99,985	-
Operating Cash Flow	-129,618	68,526	365,131	562,641	252,687
Operating Cash Flow Growth	-	-81.23%	-35.10%	122.66%	89.13%
Capital Expenditures	-1,288,231	-111,398	-13,919	-19,782	-5,357
Sale of Property, Plant & Equipment	324,976	393,442	59,048	754.35	77.27
Investment in Securities	-	-3,506	-2,448	-1,987	-60,000
Other Investing Activities	39,161	29,238	37,919	23,201	4,257
Investing Cash Flow	-199,093	147,776	-139,399	7,187	-61,023
Short-Term Debt Issued	-	70,000	-	-	-
Long-Term Debt Issued	1,406,078	-	-	-	121,518
Total Debt Issued	1,406,078	70,000	-	-	121,518
Short-Term Debt Repaid	-	-70,000	-	-	-
Long-Term Debt Repaid	-647,193	-	-	-638,164	-414,969
Total Debt Repaid	-647,193	-70,000	-	-638,164	-414,969
Net Debt Issued (Repaid)	758,885	-	-	-638,164	-293,451
Common Dividends Paid	-152,605	-	-24.36	-6.89	-1,230
Financing Cash Flow	606,280	-	-24.36	-638,170	-294,681
Foreign Exchange Rate Adjustments	-2,457	17,347	-52.42	-123.25	-0.17
Net Cash Flow	275,112	233,649	225,655	-68,466	-103,017
Free Cash Flow	-1,417,849	-42,871	351,212	542,859	247,330
Free Cash Flow Growth	-	-	-35.30%	119.49%	92.04%
Free Cash Flow Margin	-45.68%	-0.77%	11.02%	22.43%	14.77%
Free Cash Flow Per Share	-10128.73	-306.23	2508.66	3877.57	1766.73
Cash Interest Paid	32,690	59,508	4,874	20,537	65,375
Cash Income Tax Paid	26,922	102,681	52,155	76,479	1,680
Levered Free Cash Flow	-942,105	176,572	239,810	-	311,617
Unlevered Free Cash Flow	-922,296	176,613	255,996	-	400,544
Change in Working Capital	-456,706	-198,039	14,162	-307,908	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.