Deokyang Energen Cash Flow Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Net Income	5,845	4,516	3,024
Depreciation & Amortization	4,685	4,462	4,902
Loss (Gain) From Sale of Assets	32.46	12.06	-
Loss (Gain) From Sale of Investments	-304.36	-207.86	-122.65
Loss (Gain) on Equity Investments	785.91	1,569	1,323
Provision & Write-off of Bad Debts	2.32	21.74	27.81
Other Operating Activities	-1,131	-1,748	-583.13
Change in Accounts Receivable	-3,978	697.86	-272.21
Change in Inventory	-18.47	-91.41	215.08
Change in Accounts Payable	-60.41	956.73	12.64
Change in Other Net Operating Assets	-512.65	-2,421	-19.35
Operating Cash Flow	5,347	7,768	8,507
Operating Cash Flow Growth	-	-8.70%	-
Capital Expenditures	-9,226	-8,973	-4,922
Divestitures	1,977	1,977	-
Sale (Purchase) of Intangibles	703.82	-50.42	-109.5
Investment in Securities	-71,339	-19,427	-10,756
Other Investing Activities	343.28	343.28	1,725
Investing Cash Flow	-77,939	-26,528	-14,103
Short-Term Debt Issued	-	6,500	8,000
Total Debt Issued	6,500	6,500	8,000
Long-Term Debt Repaid	-	-220.96	-227.2
Net Debt Issued (Repaid)	5,934	6,279	7,773
Issuance of Common Stock	68,409	1,610	-
Dividends Paid	-591.64	-591.64	-800
Other Financing Activities	19,911	19,911	-46.1
Financing Cash Flow	88,536	22,082	11,927
Miscellaneous Cash Flow Adjustments	0	0	-0
Net Cash Flow	15,943	3,322	6,331
Free Cash Flow	-3,879	-1,205	3,585
Free Cash Flow Margin	-2.58%	-0.84%	2.61%
Free Cash Flow Per Share	-187.37	-61.90	203.91
Cash Interest Paid	975.92	842.56	512
Cash Income Tax Paid	1,661	2,041	2,045
Levered Free Cash Flow	-	-3,292	-
Unlevered Free Cash Flow	-	-2,753	-
Change in Working Capital	-4,570	-857.38	-63.84