Samhyun Steel Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	6,450	5,508	10,414	16,011	25,396	7,726
Depreciation & Amortization	1,498	1,567	1,766	1,923	1,979	2,196
Loss (Gain) From Sale of Assets	0	-177.37	-7.21	-2.72	53.42	-54.94
Loss (Gain) From Sale of Investments	140.49	-45.26	102.4	-	-10.52	-938.25
Provision & Write-off of Bad Debts	142.29	-549.77	-267.92	759.5	-562.38	460.92
Other Operating Activities	-194.9	-374.9	-2,082	-3,822	5,922	1,272
Change in Accounts Receivable	-3,172	2,318	13,676	6,959	-21,403	-5,955
Change in Inventory	-1,096	5,852	-858.35	14,627	-17,523	-1,916
Change in Accounts Payable	1,632	-4,308	-4,631	2,985	-2,023	7,428
Change in Other Net Operating Assets	-46.19	-544.99	-2,166	-675.72	2,209	-635.17
Operating Cash Flow	5,354	9,245	15,946	38,765	-5,963	9,584
Operating Cash Flow Growth	-54.50%	-42.02%	-58.86%	-	-	31.22%
Capital Expenditures	-14.7	-	-963.21	-141.23	-1,111	-89.45
Sale of Property, Plant & Equipment	-	-	7.21	2.73	73.1	55
Sale (Purchase) of Intangibles	-	329.91	-4	-17	70.3	-
Investment in Securities	-39,946	1	149.37	691.51	2,000	-3,269
Other Investing Activities	-20	-	24	10	-	97
Investing Cash Flow	-39,981	330.91	-786.63	546.01	1,032	-3,207
Long-Term Debt Repaid	-	-	-4.09	-28.66	-40.88	-44.66
Net Debt Issued (Repaid)	-	-	-4.09	-28.66	-40.88	-44.66
Dividends Paid	-4,633	-4,633	-4,633	-3,089	-3,861	-2,316
Financing Cash Flow	-4,633	-4,633	-4,637	-3,117	-3,902	-2,361
Foreign Exchange Rate Adjustments	-1.16	-	-20.41	-35.99	16.38	-4.91
Net Cash Flow	-39,261	4,943	10,502	36,157	-8,816	4,011
Free Cash Flow	5,339	9,245	14,983	38,623	-7,074	9,494
Free Cash Flow Growth	-54.63%	-38.30%	-61.21%	-	-	31.35%
Free Cash Flow Margin	2.43%	4.13%	5.71%	11.34%	-2.20%	4.22%
Free Cash Flow Per Share	345.74	598.66	970.23	2501.05	-458.09	614.80
Cash Interest Paid	-	-	0.1	1.31	2.53	4.03
Cash Income Tax Paid	1,811	1,955	4,731	8,984	2,574	1,474
Levered Free Cash Flow	1,673	6,525	11,334	34,674	-11,747	8,145
Unlevered Free Cash Flow	1,673	6,525	11,334	34,675	-11,745	8,148
Change in Working Capital	-2,682	3,317	6,021	23,896	-38,740	-1,078

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.