HOSE:VPI 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	Dec '21 Dec 31, 2021
Net Income	392,599	328,475	496,225	539,690	348,132
Depreciation & Amortization	41,079	36,736	47,821	38,949	20,167
Other Amortization	-	8,466	5,768	6,394	10,311
Loss (Gain) From Sale of Assets	-170,496	-353,271	-130,452	-145,375	-98,393
Other Operating Activities	-283,594	-148,922	-2,993	-41,336	-58,745
Change in Accounts Receivable	362,989	-226,368	85,355	438,289	448,411
Change in Inventory	-2,070,265	681,499	-1,784,571	-518,403	561,503
Change in Accounts Payable	1,873,867	-209,770	-204,251	-64,395	-861,278
Change in Other Net Operating Assets	-54,061	21,521	53,047	90,688	169,176
Operating Cash Flow	92,118	138,366	-1,434,050	344,501	539,284
Operating Cash Flow Growth	-33.42%	-	-	-36.12%	-68.46%
Capital Expenditures	-25,009	-25,346	-63,878	-739,651	-89,815
Sale of Property, Plant & Equipment	-	-	-	-	377.27
Investment in Securities	-1,224,569	-24,263	424,352	-399,713	-1,309,973
Other Investing Activities	110,209	145,063	70,205	78,100	86,924
Investing Cash Flow	-750,775	248,371	724,083	-1,935,452	-1,211,140
Long-Term Debt Issued	4,291,135	2,531,196	1,228,137	1,868,316	2,107,055
Long-Term Debt Repaid	-3,432,534	-2,616,302	-572,449	-1,053,644	-1,343,026
Net Debt Issued (Repaid)	858,601	-85,107	655,688	814,672	764,030
Common Dividends Paid	-	-	-242,000	-	-
Other Financing Activities	8,677	4,500	-767.58	142,000	-
Financing Cash Flow	867,278	-80,607	412,921	956,672	764,030
Net Cash Flow	208,621	306,131	-297,047	-634,279	92,174
Free Cash Flow	67,109	113,020	-1,497,928	-395,149	449,469
Free Cash Flow Growth	-40.62%	-	-	-	-68.01%
Free Cash Flow Margin	3.35%	5.96%	-80.33%	-18.36%	17.22%
Free Cash Flow Per Share	209.74	382.76	-5158.17	-1360.71	1547.76
Cash Interest Paid	398,239	316,666	406,133	580,282	132,792
Cash Income Tax Paid	43,641	26,870	181,496	43,083	99,140
Levered Free Cash Flow	-1,326,562	-767,382	-469,746	1,060,903	-1,809,365
Unlevered Free Cash Flow	-1,305,477	-653,457	-185,113	1,261,674	-1,748,286
Change in Working Capital	112,530	266,882	-1,850,419	-53,821	317,812

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