Hanil Forging Industrial 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	1,469	6,236	7,472	6,877	-8,596
Depreciation & Amortization	9,013	8,675	8,299	7,793	8,762
Loss (Gain) From Sale of Assets	-1,357	-2,852	-66.43	-192.94	987.17
Asset Writedown & Restructuring Costs	-	-	1,592	1,351	3,971
Loss (Gain) From Sale of Investments	-	-	273	-	-
Provision & Write-off of Bad Debts	-306.84	388.03	-157.73	2,643	1,514
Other Operating Activities	2,189	5,362	10,763	10,452	3,861
Change in Accounts Receivable	-344.5	13,524	4,704	-5,575	-3,323
Change in Inventory	-2,267	1,039	6,340	-14,976	-7,021
Change in Accounts Payable	1,601	-4,267	-5,999	5,891	-2,728
Change in Other Net Operating Assets	-1,737	-3,697	-2,535	4,365	-2,957
Operating Cash Flow	8,260	24,407	30,687	18,630	-5,531
Operating Cash Flow Growth	-66.16%	-20.46%	64.72%	-	-
Capital Expenditures	-7,634	-6,134	-5,417	-6,447	-5,801
Sale of Property, Plant & Equipment	43.06	91.09	637	1,196	213.94
Sale (Purchase) of Intangibles	-	-	-	-	687.94
Investment in Securities	-14,095	-17,636	3,604	-5,456	113.5
Other Investing Activities	25,510	6,099	-691.46	-398.93	-2,229
Investing Cash Flow	3,976	-17,580	-1,867	-11,104	-6,968
Short-Term Debt Issued	13,000	37,500	15,750	14,373	2,600
Long-Term Debt Issued	10,000	6,000	6,000	14,473	15,949
Total Debt Issued	23,000	43,500	21,750	28,846	18,549
Short-Term Debt Repaid	-22,905	-30,167	-24,287	-7,178	-6,813
Long-Term Debt Repaid	-11,844	-15,533	-5,933	-7,945	-4,922
Total Debt Repaid	-34,749	-45,700	-30,220	-15,123	-11,735
Net Debt Issued (Repaid)	-11,749	-2,200	-8,470	13,723	6,814
Other Financing Activities	-4,985	-6,328	-6,746	-4,593	-2,580
Financing Cash Flow	-16,734	-8,528	-15,215	9,131	4,233
Foreign Exchange Rate Adjustments	-703.27	115.28	-299.61	-398.4	88.4
Net Cash Flow	-5,202	-1,585	13,305	16,258	-8,177
Free Cash Flow	625.59	18,274	25,271	12,182	-11,332
Free Cash Flow Growth	-96.58%	-27.69%	107.43%	-	-
Free Cash Flow Margin	0.49%	13.11%	14.18%	6.87%	-7.43%
Free Cash Flow Per Share	19.17	536.24	756.41	410.80	-382.93
Cash Interest Paid	4,985	6,328	6,746	4,593	2,580
Cash Income Tax Paid	3,100	2,638	1,681	452.19	11.03
Levered Free Cash Flow	-4,945	5,882	13,196	3,013	-14,122
Unlevered Free Cash Flow	-1,812	9,931	17,452	6,007	-12,242
Change in Working Capital	-2,747	6,598	2,512	-10,294	-16,030

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