Han Kook Capital. 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	100,522	81,136	66,185	65,095	53,138
Depreciation & Amortization	3,082	3,465	4,052	4,911	4,756
Other Amortization	182,919	170,287	127,851	87,809	4,020
Loss (Gain) From Sale of Investments	-254.96	-4,102	-2,854	1,117	-1,230
Provision for Credit Losses	140,793	121,849	115,744	61,973	50,941
Loss (Gain) on Equity Investments	-344.59	-6,598	-667.3	730.25	98.82
Change in Trading Asset Securities	-122,349	-105,111	9,650	-30,287	-102,545
Change in Other Net Operating Assets	-660,664	-596,355	-468,517	-178,670	-533,613
Other Operating Activities	-172,998	-167,044	-131,220	-89,694	-1,708
Operating Cash Flow	-529,296	-502,472	-279,777	-77,016	-525,767
Capital Expenditures	-193.74	-85.96	-515	-324.33	-1,449
Sale of Property, Plant & Equipment	0.22	-	-	3.86	-
Sale (Purchase) of Intangibles	490.12	-17.38	-107.8	-229.58	-79.2
Investment in Securities	-7,226	-110,325	-17,353	-3,775	-
Other Investing Activities	-146.32	-10	-99	377	-38
Investing Cash Flow	-7,076	-110,439	-35,768	-3,948	-1,489
Long-Term Debt Issued	3,389,633	2,968,226	2,258,765	1,468,074	1,667,337
Total Debt Issued	3,389,633	2,968,226	2,258,765	1,468,074	1,667,337
Long-Term Debt Repaid	-2,803,824	-2,497,086	-2,018,390	-1,382,556	-1,167,506
Total Debt Repaid	-2,803,824	-2,497,086	-2,018,390	-1,382,556	-1,167,506
Net Debt Issued (Repaid)	585,809	471,140	240,375	85,518	499,832
Issuance of Common Stock	87.03	89.3	39.56	124.36	258.22
Total Dividends Paid	-19,362	-18,733	-11,255	-13,438	-6,278
Other Financing Activities	-1,889	-1,989	98,035	-1,827	48,253
Financing Cash Flow	564,646	450,508	327,194	70,378	542,065
Net Cash Flow	28,275	-162,403	11,649	-10,586	14,809
Free Cash Flow	-529,489	-502,558	-280,292	-77,340	-527,217
Free Cash Flow Margin	-241.61%	-283.20%	-198.20%	-53.25%	-424.20%
Free Cash Flow Per Share	-1522.28	-1412.23	-896.68	-247.49	-1687.32
Cash Interest Paid	174,237	157,849	109,165	81,756	-
Cash Income Tax Paid	20,887	18,247	17,318	23,059	-

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