Seosan Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-2,640	-475.98	1,559	1,186	3,944	-6,454
Depreciation & Amortization	2,040	2,139	2,266	3,241	3,424	3,517
Loss (Gain) From Sale of Assets	123.37	-154.73	-110.34	-1.82	-573.07	-11.8
Asset Writedown & Restructuring Costs	213.09	213.09	1	-	277.69	-92.82
Loss (Gain) From Sale of Investments	5.33	-13.39	79.97	-0.04	10	-
Loss (Gain) on Equity Investments	-138.45	-198.12	-247.38	-126.06	-84.97	-248.85
Provision & Write-off of Bad Debts	9.65	-238.41	617.88	350.53	-83.71	152.66
Other Operating Activities	1,095	2,001	-403.86	-649.53	2,486	-5,406
Change in Accounts Receivable	-1,728	1,566	-837.91	1,368	565.49	5,045
Change in Inventory	3,160	29.67	643.14	-4,069	212.54	192.27
Change in Accounts Payable	1,006	-808.41	-144.08	-2,016	-3,119	4,313
Change in Other Net Operating Assets	-5,508	-2,118	747.89	-939.07	138.2	-72.83
Operating Cash Flow	-2,362	1,942	4,171	-1,656	7,198	933.57
Operating Cash Flow Growth	-	-53.45%	-	-	670.97%	-
Capital Expenditures	-784.72	-363.04	-401.51	-163.59	-415.08	-149.81
Sale of Property, Plant & Equipment	2,657	372.23	142.53	1.82	1,648	11.8
Sale (Purchase) of Intangibles	-	-	-	-	-273.2	-
Investment in Securities	1,781	1,021	-1,000	-9,000	-5,000	-8,000
Other Investing Activities	0.96	0.96	-0	0.03	1.38	37.5
Investing Cash Flow	3,650	1,027	-1,259	840.01	-9,037	-8,098
Other Financing Activities	-	-	-	-	-10	-
Financing Cash Flow	-	-	-	-	-10	-
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	-
Net Cash Flow	1,288	2,969	2,912	-816.19	-1,849	-7,164
Free Cash Flow	-3,147	1,579	3,770	-1,820	6,782	783.76
Free Cash Flow Growth	-	-58.12%	-	-	765.38%	-
Free Cash Flow Margin	-7.63%	4.42%	9.14%	-3.70%	12.09%	1.98%
Free Cash Flow Per Share	-156.44	78.94	188.50	-90.99	339.12	39.19
Cash Income Tax Paid	455.91	570.3	165.7	746.99	666.36	-37.18
Levered Free Cash Flow	788.46	3,754	1,140	7,126	1,359	4,309
Unlevered Free Cash Flow	807.7	3,773	1,146	7,130	1,363	4,313
Change in Working Capital	-3,070	-1,331	409.03	-5,656	-2,202	9,478

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