Wonik QnC 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	22,498	50,847	38,149	53,835	58,753
Depreciation & Amortization	76,045	69,705	68,063	55,862	52,948
Loss (Gain) From Sale of Assets	1,027	4,028	-2,099	395.88	1,163
Asset Writedown & Restructuring Costs	51.39	-	-	3,548	2,046
Provision & Write-off of Bad Debts	42.53	-131.54	274.96	7.6	-228.37
Other Operating Activities	2,793	-734.78	-4,693	-25,887	8,524
Change in Accounts Receivable	-17,882	201.6	2,866	11,208	-21,259
Change in Inventory	-3,699	-18,331	-27,334	-72,111	-7,174
Change in Accounts Payable	2,086	3,957	1,816	20,161	11,402
Change in Unearned Revenue	-	-	-	-	2,410
Change in Other Net Operating Assets	1,888	-29,669	2,879	17,551	-3,656
Operating Cash Flow	84,849	79,872	79,923	64,569	104,929
Operating Cash Flow Growth	6.23%	-0.06%	23.78%	-38.46%	5.99%
Capital Expenditures	-84,800	-123,337	-180,586	-89,901	-57,030
Sale of Property, Plant & Equipment	392.13	2,038	-	501.45	241.86
Cash Acquisitions	-	-5,106	-12,126	-228,753	-
Sale (Purchase) of Intangibles	-4,912	-5,613	-3,062	-5,918	-1,514
Investment in Securities	-	-	-	-	615.24
Other Investing Activities	2,133	3,523	3,238	21,155	2,434
Investing Cash Flow	-86,986	-129,252	-193,530	-300,101	-53,224
Long-Term Debt Issued	1,257,769	641,815	465,038	497,902	32,700
Long-Term Debt Repaid	-1,233,079	-594,499	-367,390	-254,009	-65,502
Net Debt Issued (Repaid)	24,690	47,316	97,648	243,893	-32,802
Dividends Paid	-2,629	-1,498	-3,943	-3,943	-
Other Financing Activities	-1,795	-9,705	-0	-	-5,039
Financing Cash Flow	20,267	36,112	93,705	239,950	-37,841
Foreign Exchange Rate Adjustments	-1,611	-1,244	3,562	2,385	3,630
Net Cash Flow	16,520	-14,512	-16,341	6,804	17,494
Free Cash Flow	49.3	-43,465	-100,663	-25,331	47,899
Free Cash Flow Growth	-	-	-	-	-23.34%
Free Cash Flow Margin	0.01%	-4.88%	-12.49%	-3.23%	7.67%
Free Cash Flow Per Share	1.88	-1653.22	-3829.25	-963.61	1822.07
Cash Interest Paid	32,674	37,001	32,609	27,211	5,642
Cash Income Tax Paid	13,916	17,738	31,450	26,318	14,369
Levered Free Cash Flow	-21,956	-85,163	-100,324	-40,245	37,263
Unlevered Free Cash Flow	-619.83	-62,893	-79,692	-23,650	42,454
Change in Working Capital	-17,607	-43,841	-19,773	-23,192	-18,278

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