MiCo Ltd. 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	6,653	29,498	18,116	-27,256	-55,231	-17,832
Depreciation & Amortization	80,047	77,833	47,507	47,923	40,662	29,385
Loss (Gain) From Sale of Assets	-199.92	-133.3	315.58	749.67	-265.18	428.33
Asset Writedown & Restructuring Costs	2,485	2,480	567.96	9,090	2,656	4
Loss (Gain) From Sale of Investments	8,526	6,033	6,296	-18,283	6,930	541.77
Loss (Gain) on Equity Investments	9,947	3,270	-3,724	11,276	62,629	7,043
Stock-Based Compensation	12,359	9,590	3,387	3,622	6,599	4,324
Provision & Write-off of Bad Debts	1,205	-997.03	-544.63	482.79	655.37	-1,986
Other Operating Activities	35,047	17,592	71,052	36,766	38,157	70,567
Change in Accounts Receivable	21,198	-6,634	-8,598	2,059	-4,958	-12,833
Change in Inventory	-36,894	-38,354	-10,989	-12,296	-13,733	1,844
Change in Accounts Payable	10,349	7,417	11,884	-1,332	-334.73	-2,013
Change in Unearned Revenue	-	-	-	-	26.96	-
Change in Other Net Operating Assets	-150,406	-82,763	-14,809	-11,155	-3,365	244.26
Operating Cash Flow	315.57	24,831	120,461	41,646	80,429	79,718
Operating Cash Flow Growth	-99.63%	-79.39%	189.25%	-48.22%	0.89%	49.13%
Capital Expenditures	-358,154	-321,937	-203,313	-47,638	-51,723	-121,665
Sale of Property, Plant & Equipment	371.28	499.52	573.55	1,362	278.06	6,519
Cash Acquisitions	-159,903	-154,386	-	-	-	-
Divestitures	-	-	23,130	13,467	10,372	-
Sale (Purchase) of Intangibles	-2,932	-3,273	-6,084	-747.28	465.2	-2,677
Investment in Securities	-67,847	-70,787	28,124	-6,775	-86,668	-65,190
Other Investing Activities	-10,940	-11,028	8,575	3,154	117.11	3,611
Investing Cash Flow	-604,930	-566,350	-161,288	-87,245	-129,102	-182,904
Short-Term Debt Issued	-	427,919	188,444	84,853	61,950	56,533
Long-Term Debt Issued	-	469,670	146,342	94,177	67,479	36,521
Total Debt Issued	919,554	897,589	334,786	179,030	129,429	93,054
Short-Term Debt Repaid	-	-244,843	-133,635	-64,458	-40,431	-27,457
Long-Term Debt Repaid	-	-74,326	-104,178	-22,893	-65,053	-11,581
Total Debt Repaid	-320,412	-319,168	-237,813	-87,351	-105,484	-39,038
Net Debt Issued (Repaid)	599,143	578,421	96,973	91,679	23,945	54,016
Repurchase of Common Stock	-	-	-	-	-5,954	-6,988
Dividends Paid	-10,720	-10,720	-4,857	-7,778	-5,602	-2,062
Other Financing Activities	147,638	55,977	-712.67	-53.24	-14,508	82,181
Financing Cash Flow	736,060	623,678	91,404	83,847	-2,120	127,147
Foreign Exchange Rate Adjustments	6,734	996.62	3,785	323.34	2,235	6,108
Miscellaneous Cash Flow Adjustments	-0	-0	0	-	-	0
Net Cash Flow	138,179	83,155	54,362	38,572	-48,557	30,068
Free Cash Flow	-357,838	-297,107	-82,852	-5,992	28,706	-41,947
Free Cash Flow Margin	-33.01%	-30.41%	-15.33%	-1.57%	6.92%	-11.48%
Free Cash Flow Per Share	-11362.54	-9433.13	-2629.75	-190.25	906.10	-1359.61
Cash Interest Paid	32,146	25,373	12,177	11,218	6,306	3,934
Cash Income Tax Paid	26,262	41,297	20,258	15,342	17,310	16,826
Levered Free Cash Flow	-315,015	-262,202	-117,696	-20,716	-1,578	-46,110
Unlevered Free Cash Flow	-294,697	-245,034	-105,735	-10,624	4,643	-42,109
Change in Working Capital	-155,753	-120,334	-22,512	-22,724	-22,364	-12,757