Nepes Cash Flow Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	7,083	16,583	-62,237	-98,472	77,579	-39,680
Depreciation & Amortization	117,751	123,654	150,429	162,840	147,485	100,780
Loss (Gain) From Sale of Assets	-4,720	-6,583	-3,720	-2,339	-6,856	316.69
Asset Writedown & Restructuring Costs	-	-	20,759	91,710	149.5	-
Loss (Gain) From Sale of Investments	-1.26	-1.26	2,727	-782.29	5,168	441.48
Loss (Gain) on Equity Investments	-6,925	-8,185	-410.28	565.91	3,907	2,980
Provision & Write-off of Bad Debts	-326.96	-205.91	-719.73	937.42	-352.14	-1,385
Other Operating Activities	12,245	-2,854	-2,996	-72,258	-89,118	18,360
Change in Accounts Receivable	494.82	-782.27	7,016	6,113	-10,926	-19,498
Change in Inventory	-15,105	-10,695	-5,703	1,482	-15,186	-5,153
Change in Accounts Payable	-1,617	3.24	2,566	-8,387	7,667	14,000
Change in Unearned Revenue	-73.48	-1,246	1,857	-1,059	-1,511	-
Change in Income Taxes	-	-	-	-	-	11.37
Change in Other Net Operating Assets	3,296	-6,142	-434.61	-389.88	-20,365	4,733
Operating Cash Flow	112,099	103,544	109,133	79,960	97,639	75,905
Operating Cash Flow Growth	5.39%	-5.12%	36.48%	-18.11%	28.63%	63.86%
Capital Expenditures	-71,022	-54,200	-31,404	-64,223	-242,760	-288,329
Sale of Property, Plant & Equipment	15,179	17,264	10,496	447.51	9,263	800.77
Cash Acquisitions	-	-	-	-	-	-830.92
Divestitures	1,008	1,008	-	1,864	50.96	-
Sale (Purchase) of Intangibles	-413.27	-342.52	-185.01	-515.18	-2,995	-2,143
Sale (Purchase) of Real Estate	-	-	-	-	-2,666	-1,301
Investment in Securities	1,708	-17,655	78,073	-79,113	1,648	-3,575
Other Investing Activities	12,722	7,103	-1,315	-12,596	-63,047	43,078
Investing Cash Flow	-40,816	-46,820	55,701	-153,987	-300,655	-252,278
Short-Term Debt Issued	-	93,000	90,100	51,900	114,580	79,300
Long-Term Debt Issued	-	44,724	51,455	157,903	77,091	129,139
Total Debt Issued	134,724	137,724	141,555	209,803	191,671	208,439
Short-Term Debt Repaid	-	-110,100	-158,700	-100,900	-92,200	-36,872
Long-Term Debt Repaid	-	-60,217	-167,490	-77,093	-74,715	-28,252
Total Debt Repaid	-170,410	-170,317	-326,190	-177,993	-166,915	-65,124
Net Debt Issued (Repaid)	-35,686	-32,593	-184,636	31,809	24,756	143,315
Issuance of Common Stock	-	-	2,087	-	-	98.3
Repurchase of Common Stock	-	-	-	-	-9,028	-
Other Financing Activities	307.34	423.19	-13,585	998.92	46,922	7,685
Financing Cash Flow	-35,379	-32,170	-196,133	32,808	92,649	251,098
Foreign Exchange Rate Adjustments	1,709	-690.77	328.14	10.03	57.42	930.16
Miscellaneous Cash Flow Adjustments	-	-0	-	0	-51.18	-
Net Cash Flow	37,614	23,863	-30,971	-41,208	-110,360	75,655
Free Cash Flow	41,078	49,344	77,730	15,738	-145,121	-212,423
Free Cash Flow Growth	-45.48%	-36.52%	393.91%	-	-	-
Free Cash Flow Margin	7.81%	9.46%	16.74%	3.36%	-24.68%	-50.77%
Free Cash Flow Per Share	1783.82	2139.86	3418.30	692.08	-6358.92	-9212.09
Cash Interest Paid	14,826	15,551	23,571	24,651	14,082	8,686
Cash Income Tax Paid	4,205	4,671	2,807	7,898	7,832	2,301
Levered Free Cash Flow	66,145	71,507	121,854	75,083	-194,647	-154,682
Unlevered Free Cash Flow	74,917	80,693	135,356	90,127	-185,437	-148,811
Change in Working Capital	-13,005	-18,863	5,302	-2,241	-40,322	-5,907