Humax Holdings 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	-28,325	-21,319	-24,575	-14,116	-23,016
Depreciation & Amortization	8,870	9,704	11,610	17,079	255.44
Loss (Gain) From Sale of Assets	-13,546	-3,872	-2,971	-4,059	-
Asset Writedown & Restructuring Costs	-	27.08	10,778	16,750	-
Loss (Gain) From Sale of Investments	-3,291	7,935	15,354	-10,276	994.39
Loss (Gain) on Equity Investments	30,090	34,638	41,741	59,463	38,478
Stock-Based Compensation	105.55	139.33	557.85	490.1	-
Provision & Write-off of Bad Debts	-1,042	-666.37	226.24	-25,697	-
Other Operating Activities	-1,925	-17,435	-51,934	-49,898	-15,986
Change in Accounts Receivable	76,168	37,393	72,984	-30,239	118.45
Change in Inventory	28,414	60,324	27,303	-43,928	-56.52
Change in Accounts Payable	-68,638	-33,494	-52,902	69,335	-
Change in Other Net Operating Assets	-9,832	8,067	-10,931	-7,994	838.13
Operating Cash Flow	17,049	81,441	37,241	-23,089	1,627
Operating Cash Flow Growth	-79.07%	118.69%	-	-	-
Capital Expenditures	-5,429	-3,193	-6,116	-19,685	-13.93
Sale of Property, Plant & Equipment	19,367	443.17	3,797	1,870	-
Cash Acquisitions	-0.7	-23,326	-37.15	-8.24	94,190
Divestitures	-	2,793	-	-	-
Sale (Purchase) of Intangibles	10,799	3,222	-431.11	3,033	-
Investment in Securities	-3,986	-493.42	13,603	-58,111	-3,597
Other Investing Activities	3,017	-349.15	-152.99	6,241	-30.72
Investing Cash Flow	23,995	-27,921	4,917	-74,645	92,048
Long-Term Debt Issued	113,693	88,651	233,026	464,822	7,000
Long-Term Debt Repaid	-153,825	-181,436	-285,052	-433,162	-5,619
Net Debt Issued (Repaid)	-40,132	-92,785	-52,026	31,660	1,381
Other Financing Activities	-757.6	24,910	3,536	2,675	-0
Financing Cash Flow	-40,890	-67,875	-48,491	34,335	1,381
Foreign Exchange Rate Adjustments	1,125	1,662	2,236	2,777	11.95
Miscellaneous Cash Flow Adjustments	-	-	-	4,793	-
Net Cash Flow	1,279	-12,693	-4,097	-55,830	95,068
Free Cash Flow	11,620	78,249	31,125	-42,775	1,613
Free Cash Flow Growth	-85.15%	151.41%	-	-	-
Free Cash Flow Margin	2.90%	14.42%	4.76%	-6.13%	20.79%
Free Cash Flow Per Share	1064.17	7168.42	2850.75	-3917.79	147.71
Cash Interest Paid	11,154	16,750	19,254	15,366	813.76
Cash Income Tax Paid	2,212	5,158	3,414	25,695	15.4
Levered Free Cash Flow	107,752	87,781	37,756	6,604	-162,533
Unlevered Free Cash Flow	115,682	99,223	51,586	17,940	-162,021
Change in Working Capital	26,112	72,290	36,455	-12,826	900.06

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