Samhyun Steel Cash Flow Statement

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

Millions KRW. 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	6,345	5,508	10,414	16,011	25,396
Depreciation & Amortization	1,500	1,567	1,766	1,923	1,979
Loss (Gain) From Sale of Assets	1.34	-177.37	-7.21	-2.72	53.42
Loss (Gain) From Sale of Investments	-37.71	-45.26	102.4	-	-10.52
Provision & Write-off of Bad Debts	-481.35	-549.77	-267.92	759.5	-562.38
Other Operating Activities	350.85	-374.9	-2,082	-3,822	5,922
Change in Accounts Receivable	2,467	2,318	13,676	6,959	-21,403
Change in Inventory	-1,665	5,852	-858.35	14,627	-17,523
Change in Accounts Payable	-1,080	-4,308	-4,631	2,985	-2,023
Change in Other Net Operating Assets	-609.4	-544.99	-2,166	-675.72	2,209
Operating Cash Flow	6,790	9,245	15,946	38,765	-5,963
Operating Cash Flow Growth	-26.55%	-42.02%	-58.86%	-	-
Capital Expenditures	-160.2	-	-963.21	-141.23	-1,111
Sale of Property, Plant & Equipment	-	-	7.21	2.73	73.1
Sale (Purchase) of Intangibles	-	329.91	-4	-17	70.3
Investment in Securities	-	1	149.37	691.51	2,000
Other Investing Activities	-20	-	24	10	-
Investing Cash Flow	-180.2	330.91	-786.63	546.01	1,032
Long-Term Debt Repaid	-	-	-4.09	-28.66	-40.88
Net Debt Issued (Repaid)	-	-	-4.09	-28.66	-40.88
Dividends Paid	-4,633	-4,633	-4,633	-3,089	-3,861
Other Financing Activities	500	-	-	-	-
Financing Cash Flow	-4,133	-4,633	-4,637	-3,117	-3,902
Foreign Exchange Rate Adjustments	-	-	-20.41	-35.99	16.38
Net Cash Flow	2,477	4,943	10,502	36,157	-8,816
Free Cash Flow	6,630	9,245	14,983	38,623	-7,074
Free Cash Flow Growth	-28.28%	-38.30%	-61.21%	-	-
Free Cash Flow Margin	3.04%	4.13%	5.71%	11.34%	-2.20%
Free Cash Flow Per Share	-	598.66	970.23	2501.05	-458.09
Cash Interest Paid	-	-	0.1	1.31	2.53
Cash Income Tax Paid	1,891	1,955	4,731	8,984	2,574
Levered Free Cash Flow	2,949	6,525	11,334	34,674	-11,747
Unlevered Free Cash Flow	2,950	6,525	11,334	34,675	-11,745
Change in Working Capital	-887.84	3,317	6,021	23,896	-38,740

Source: S&P Global Market Intelligence. Standard template. Financial Sources.