Van Phat Hung 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	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Net Income	-20,579	129,522	-851.92	19,666	83,208
Depreciation & Amortization	17,020	15,588	25,176	4,062	4,898
Loss (Gain) From Sale of Assets	-24,946	-258,075	-71,911	-17,529	-69,839
Other Operating Activities	-30,722	31,062	-6,915	-14,055	8,197
Change in Accounts Receivable	-364,695	-426,073	-498,739	439,536	-401,544
Change in Inventory	13,797	-8,228	-155,461	-586,640	343,892
Change in Accounts Payable	-20,750	-168,170	-11,790	148,136	-74,567
Change in Other Net Operating Assets	375	647.51	62,593	28,197	22,509
Operating Cash Flow	-430,501	-683,727	-657,898	21,374	-83,245
Capital Expenditures	-5,699	-6,052	-2,256	-13,887	-3,298
Sale of Property, Plant & Equipment	-	1,019	1,360	-	-
Investment in Securities	165,609	1,109,873	162,936	-	139,700
Other Investing Activities	23,941	20,862	35,511	8,731	67,952
Investing Cash Flow	188,788	1,253,734	260,538	-77,756	156,424
Short-Term Debt Issued	-	-	-	-	286,415
Long-Term Debt Issued	607,450	703,340	727,582	560,995	-
Total Debt Issued	607,450	703,340	727,582	560,995	286,415
Short-Term Debt Repaid	-	-	-	-	-265,237
Long-Term Debt Repaid	-518,348	-1,062,879	-396,987	-457,020	-
Total Debt Repaid	-518,348	-1,062,879	-396,987	-457,020	-265,237
Net Debt Issued (Repaid)	89,102	-359,539	330,595	103,975	21,178
Issuance of Common Stock	-	-	-	-	6,641
Common Dividends Paid	-	-47,679	-	-66,750	-
Other Financing Activities	2,800	-	-108	156	-
Financing Cash Flow	91,902	-407,218	330,487	37,381	27,819
Foreign Exchange Rate Adjustments	-	-	483.48	264.21	-325.73
Net Cash Flow	-149,811	162,789	-66,390	-18,736	100,672
Free Cash Flow	-436,200	-689,780	-660,155	7,488	-86,544
Free Cash Flow Margin	-323.96%	-1455.11%	-902.56%	4.63%	-29.79%
Free Cash Flow Per Share	-4574.35	-7233.60	-6922.92	78.52	-907.57
Cash Interest Paid	29,324	59,104	69,422	35,969	39,440
Cash Income Tax Paid	27,927	685.11	11,804	26,355	13,717
Levered Free Cash Flow	-192,092	435,303	-161,331	-4,458	141,867
Unlevered Free Cash Flow	-173,771	471,626	-118,548	17,718	163,865
Change in Working Capital	-371,273	-601,824	-603,397	29,229	-109,710

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