Kyung Chang 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	-20,838	2,815	9,128	20,608	4,240
Depreciation & Amortization	28,531	26,558	29,112	28,856	32,894
Loss (Gain) From Sale of Assets	3,841	5,481	2,983	-395	-419.56
Asset Writedown & Restructuring Costs	22,802	6.86	6.56	6,403	5,138
Loss (Gain) From Sale of Investments	17.03	10.84	-	891	-
Loss (Gain) on Equity Investments	-	-	-	-11,000	-
Provision & Write-off of Bad Debts	91.68	-1,746	1,143	1,740	436.58
Other Operating Activities	22,931	20,018	26,548	19,914	22,813
Change in Accounts Receivable	-28,471	-9,504	-2,169	-15,339	9,611
Change in Inventory	-5,307	-9,977	-2,068	-5,402	-8,495
Change in Accounts Payable	17,319	-20,607	19,649	7,686	731.88
Change in Income Taxes	-16.54	-	-	-	-
Change in Other Net Operating Assets	-17,477	-16,223	-10,217	-12,404	-2,549
Operating Cash Flow	23,423	-3,166	74,115	41,558	64,401
Operating Cash Flow Growth	-	-	78.34%	-35.47%	3.85%
Capital Expenditures	-39,851	-30,429	-29,498	-11,629	-12,508
Sale of Property, Plant & Equipment	3,095	2,091	8,593	580.01	2,067
Divestitures	-	8,855	-	-	-
Sale (Purchase) of Intangibles	-773.31	-1,367	-1,393	-745.48	-334.61
Investment in Securities	1,143	4,741	2,192	12,170	-3,995
Other Investing Activities	789.65	4,028	2,124	688.18	1,428
Investing Cash Flow	-35,598	-12,080	-17,981	1,423	-13,171
Long-Term Debt Issued	292,423	117,890	50,543	60,100	58,988
Long-Term Debt Repaid	-276,723	-109,092	-84,168	-93,398	-92,488
Net Debt Issued (Repaid)	15,699	8,798	-33,625	-33,298	-33,499
Dividends Paid	-773.66	-1,775	-195.1	-	-
Other Financing Activities	-8,702	-10,777	-12,031	-10,505	-10,740
Financing Cash Flow	6,224	-3,754	-45,851	-43,803	-44,239
Foreign Exchange Rate Adjustments	471.5	-1,080	512.7	-445.19	-250.06
Miscellaneous Cash Flow Adjustments	0	-0	-	-	-
Net Cash Flow	-5,479	-20,081	10,795	-1,268	6,741
Free Cash Flow	-16,428	-33,595	44,617	29,929	51,893
Free Cash Flow Growth	-	-	49.08%	-42.33%	22.36%
Free Cash Flow Margin	-2.33%	-5.27%	6.69%	4.86%	9.21%
Free Cash Flow Per Share	-462.78	-942.76	1257.05	843.22	1462.06
Cash Interest Paid	8,702	10,777	12,031	10,505	10,740
Cash Income Tax Paid	1,338	2,024	2,976	1,531	482.01
Levered Free Cash Flow	-17,701	-26,504	23,504	20,737	34,542
Unlevered Free Cash Flow	-12,222	-19,903	31,161	27,450	41,256
Change in Working Capital	-33,953	-56,310	5,195	-25,460	-701.22

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.