Cheryong Electric 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	58,712	79,921	56,384	12,480	1,173
Depreciation & Amortization	1,902	1,529	1,373	1,449	2,198
Loss (Gain) From Sale of Assets	-10.63	-16.26	-0.64	-	-0.64
Loss (Gain) From Sale of Investments	-1,014	-	-	-	-
Loss (Gain) on Equity Investments	-740.95	-1,150	-870.86	-316.73	-215.79
Provision & Write-off of Bad Debts	-	-298.05	252.13	186.89	603.2
Other Operating Activities	-2,277	2,836	879.88	2,515	-193.58
Change in Accounts Receivable	4,791	11,897	-17,569	-15,714	1,875
Change in Inventory	11,771	-1,137	-17,335	-14,879	-3,357
Change in Accounts Payable	-3,752	-3,885	7,303	1,643	140.39
Change in Unearned Revenue	-	-	-2,503	-5,103	3,638
Change in Income Taxes	-	-	11,804	2,251	-25.64
Change in Other Net Operating Assets	-2,211	5,995	-183.15	-1,533	1,626
Operating Cash Flow	67,170	95,692	39,533	-17,020	7,461
Operating Cash Flow Growth	-29.81%	142.06%	-	-	8.95%
Capital Expenditures	-2,270	-2,232	-2,031	-587.06	-254.41
Sale of Property, Plant & Equipment	2.5	9.91	1.04	-	0.64
Sale (Purchase) of Intangibles	-134.9	-92.74	-153.52	-69.21	-17.47
Investment in Securities	-20,979	-84,000	-26,003	26,997	-8,993
Other Investing Activities	-237.5	-0	-1,070	11.37	3
Investing Cash Flow	-23,618	-86,315	-29,256	26,352	-9,261
Long-Term Debt Repaid	-258.64	-220.82	-205.42	-211.92	-185.43
Total Debt Repaid	-258.64	-220.82	-205.42	-211.92	-185.43
Net Debt Issued (Repaid)	-258.64	-220.82	-205.42	-211.92	-185.43
Issuance of Common Stock	-	-	-	-	4.21
Dividends Paid	-16,062	-8,031	-2,409	-803.12	-803.09
Financing Cash Flow	-16,321	-8,252	-2,615	-1,015	-984.31
Foreign Exchange Rate Adjustments	-3.44	93.36	-105.27	-341.18	27.01
Miscellaneous Cash Flow Adjustments	-0	-0	-0	-0	0
Net Cash Flow	27,227	1,218	7,557	7,976	-2,757
Free Cash Flow	64,901	93,460	37,502	-17,607	7,207
Free Cash Flow Growth	-30.56%	149.21%	-	-	13.95%
Free Cash Flow Margin	28.97%	35.57%	20.39%	-20.46%	14.77%
Free Cash Flow Per Share	-	5818.54	2334.78	-1096.18	448.68
Cash Interest Paid	32.96	28.43	8.34	6.45	8.05
Cash Income Tax Paid	22,819	21,111	15,099	2,295	53.15
Levered Free Cash Flow	50,182	75,139	25,114	-21,231	6,471
Unlevered Free Cash Flow	50,203	75,157	25,119	-21,227	6,476
Change in Working Capital	10,599	12,871	-18,485	-33,335	3,897

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