Total Soft Bank 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	8,530	6,103	3,779	2,642	3,015
Depreciation & Amortization	228.12	282.89	308.45	314.86	370.12
Loss (Gain) on Equity Investments	-52.72	-17.03	-49.73	-45.68	-43.9
Other Operating Activities	383.13	-224.77	114.28	-240.08	211.49
Change in Accounts Receivable	2,689	-4,557	-470.35	-176.32	-242.55
Change in Inventory	-42.24	17.58	-48.75	9.76	8.38
Change in Accounts Payable	-	-	-	-17.93	17.93
Change in Unearned Revenue	-1.03	29.68	81.07	-57.67	-108.34
Change in Other Net Operating Assets	-1,196	3,237	-412.26	647.1	33.58
Operating Cash Flow	10,539	4,872	3,301	3,076	3,262
Operating Cash Flow Growth	116.32%	47.57%	7.32%	-5.68%	-20.94%
Capital Expenditures	-	-	-196.45	-126.91	-181.1
Sale (Purchase) of Intangibles	-	-	-88	-	-
Investment in Securities	-3,016	-2,000	-4,103	-3,151	502.14
Other Investing Activities	-1	43.33	-40	-210	-0
Investing Cash Flow	-3,017	-1,957	-4,427	-3,488	321.04
Long-Term Debt Issued	-	-	339.02	254.61	434
Long-Term Debt Repaid	-17.29	-717.29	-273.87	-912.2	-968.88
Net Debt Issued (Repaid)	-17.29	-717.29	65.15	-657.59	-534.88
Other Financing Activities	-	-14.2	-35.58	-32.51	-26.52
Financing Cash Flow	-17.29	-731.49	29.57	-690.09	-561.4
Foreign Exchange Rate Adjustments	271.14	819.32	5.76	-32.77	238.03
Net Cash Flow	7,776	3,003	-1,090	-1,134	3,259
Free Cash Flow	10,539	4,872	3,105	2,949	3,080
Free Cash Flow Growth	116.32%	56.91%	5.28%	-4.26%	-19.13%
Free Cash Flow Margin	38.33%	23.52%	19.34%	21.25%	21.86%
Free Cash Flow Per Share	-	569.30	362.81	344.63	359.95
Cash Interest Paid	-	14.2	35.58	32.51	26.52
Cash Income Tax Paid	1,720	926.1	388.8	707.36	120.41
Levered Free Cash Flow	8,088	2,590	1,363	1,744	2,048
Unlevered Free Cash Flow	8,088	2,598	1,384	1,764	2,063
Change in Working Capital	1,451	-1,272	-850.29	404.94	-291.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.