Jinro Distillers 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	12,146	10,250	6,106	3,270	9,298
Depreciation & Amortization	2,959	2,976	2,900	3,049	3,017
Loss (Gain) From Sale of Assets	-26.52	353.29	9.65	221.27	-27.82
Loss (Gain) From Sale of Investments	-	-	-2.08	-	-
Provision & Write-off of Bad Debts	-	-	-5.15	1.59	0.16
Other Operating Activities	1,634	794.63	2,360	-731.51	-498.46
Change in Accounts Receivable	523.21	1,702	-373.34	-3,880	-5,524
Change in Inventory	2,849	4,815	-7,098	-333.74	-2,058
Change in Accounts Payable	-958.88	-463.5	-5,147	-2,978	-144.57
Change in Unearned Revenue	-	-	-	-	5,722
Change in Other Net Operating Assets	-1,190	-417.4	656.51	-794.77	-995.67
Operating Cash Flow	17,937	20,010	-594.13	-2,176	8,788
Operating Cash Flow Growth	-10.36%	-	-	-	-51.57%
Capital Expenditures	-1,966	-3,691	-1,238	-1,763	-3,611
Sale of Property, Plant & Equipment	26.52	11.23	13.35	-	64.36
Sale (Purchase) of Intangibles	-	-	53	-	-
Investment in Securities	-10,440	-5,710	2,814	2,424	4,966
Other Investing Activities	0	-	-	-0	187.25
Investing Cash Flow	-12,379	-9,390	1,642	661.06	1,606
Short-Term Debt Issued	-	-	9,800	6,500	-
Total Debt Issued	-	-	9,800	6,500	-
Short-Term Debt Repaid	-	-4,344	-11,956	-150	-200
Long-Term Debt Repaid	-42	-42	-56.78	-67.62	-66.68
Total Debt Repaid	-42	-4,386	-12,013	-217.62	-266.68
Net Debt Issued (Repaid)	-42	-4,386	-2,213	6,282	-266.68
Dividends Paid	-7,375	-4,302	-2,978	-7,610	-8,934
Other Financing Activities	-	-	-34.8	-	-0
Financing Cash Flow	-7,417	-8,688	-5,226	-1,328	-9,201
Foreign Exchange Rate Adjustments	-7.95	1.15	-5.27	-13.91	12.22
Net Cash Flow	-1,867	1,934	-4,183	-2,857	1,206
Free Cash Flow	15,971	16,319	-1,832	-3,939	5,177
Free Cash Flow Growth	-2.13%	-	-	-	-66.36%
Free Cash Flow Margin	16.01%	16.09%	-1.83%	-3.96%	5.73%
Free Cash Flow Per Share	2413.40	2465.96	-276.88	-595.18	782.25
Cash Interest Paid	-	2.44	65.66	13.8	29.53
Cash Income Tax Paid	2,117	1,706	327.83	2,371	4,197
Levered Free Cash Flow	12,424	12,525	-3,302	-5,945	4,067
Unlevered Free Cash Flow	12,424	12,527	-3,261	-5,932	4,073
Change in Working Capital	1,224	5,636	-11,962	-7,986	-3,001

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