TBC 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	3,799	3,802	6,194	4,928	4,628
Depreciation & Amortization	1,342	1,294	1,240	1,239	1,258
Loss (Gain) From Sale of Assets	-177.65	0.28	15.42	24.95	29.21
Asset Writedown & Restructuring Costs	-	-	-	-	198.22
Loss (Gain) From Sale of Investments	-110.47	-172.7	-288.21	205.33	114.29
Provision & Write-off of Bad Debts	-64.8	-249.91	3.57	8.59	-271.69
Other Operating Activities	1,023	-19.42	69.28	328.15	1,686
Change in Accounts Receivable	6,599	1,814	288.03	-4,106	325.19
Change in Inventory	-	-	-	-	2.26
Change in Other Net Operating Assets	-4,507	4,133	-5,810	-4,706	765.16
Operating Cash Flow	7,903	10,601	1,712	-2,078	8,735
Operating Cash Flow Growth	-25.45%	519.13%	-	-	37.48%
Capital Expenditures	-763.04	-448.77	-1,521	-1,037	-3,878
Sale of Property, Plant & Equipment	-	-	0.45	5.91	0.86
Sale (Purchase) of Intangibles	180	-	-23.75	-174.16	-54.69
Investment in Securities	-8,425	-5,353	2,069	2,447	-3,341
Other Investing Activities	284.16	-281.22	-27.29	-446.19	93.16
Investing Cash Flow	-8,724	-6,083	497.6	795.44	-7,180
Long-Term Debt Issued	42.4	40.1	16.5	7.5	113.5
Long-Term Debt Repaid	-171.92	-166.53	-148.73	-157.15	-218.92
Net Debt Issued (Repaid)	-129.52	-126.43	-132.23	-149.65	-105.42
Dividends Paid	-1,040	-1,702	-1,418	-1,229	-945.36
Financing Cash Flow	-1,169	-1,828	-1,550	-1,379	-1,051
Net Cash Flow	-1,991	2,690	659.53	-2,661	504.03
Free Cash Flow	7,140	10,152	191.18	-3,115	4,857
Free Cash Flow Growth	-29.67%	5209.97%	-	-	-13.83%
Free Cash Flow Margin	16.72%	25.20%	0.44%	-7.33%	11.34%
Free Cash Flow Per Share	75.17	106.80	2.02	-32.95	51.38
Cash Interest Paid	-	-	0.01	0	-
Cash Income Tax Paid	988.95	1,252	1,384	1,594	625.96
Levered Free Cash Flow	8,274	4,209	1,483	-1,469	2,684
Unlevered Free Cash Flow	8,284	4,221	1,490	-1,464	2,690
Change in Working Capital	2,092	5,946	-5,522	-8,811	1,093

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