Daechang Solution 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	-6,544	-3,087	2,337	-6,987	-13,303
Depreciation & Amortization	1,181	1,099	1,043	1,089	1,928
Loss (Gain) From Sale of Assets	-1	35.75	-5.32	-293.08	-13.53
Asset Writedown & Restructuring Costs	-	-	-	-	4,327
Loss (Gain) From Sale of Investments	15.14	-8	-	-	-
Provision & Write-off of Bad Debts	149.4	265.91	149.47	-21.45	13.73
Other Operating Activities	6,020	1,359	1,094	-1,618	1,508
Change in Accounts Receivable	-1,147	-2,092	3,614	-7,617	756.71
Change in Inventory	-6,185	1,791	-148.11	-1,170	3,256
Change in Accounts Payable	372.88	233.98	-1,888	2,531	843.07
Change in Unearned Revenue	-	-117.48	-	-	-
Change in Other Net Operating Assets	1,645	-5,790	-6,760	11,133	-535.88
Operating Cash Flow	-4,493	-6,310	-564.08	-2,953	-1,221
Capital Expenditures	-738.87	-394.93	-440.26	-	-197.98
Sale of Property, Plant & Equipment	1	22.73	5.5	163.07	12.73
Sale (Purchase) of Intangibles	-6.76	-7.03	-35.56	-186.1	-5.4
Investment in Securities	-453.05	-584.12	-577.54	6.63	47.47
Other Investing Activities	15.7	-42.05	22.58	1,551	-11
Investing Cash Flow	-1,049	-250.21	-1,005	793.3	3,197
Long-Term Debt Issued	47,882	27,546	43,164	22,896	35,798
Long-Term Debt Repaid	-46,425	-13,808	-37,022	-24,756	-32,946
Net Debt Issued (Repaid)	1,457	13,738	6,142	-1,860	2,852
Repurchase of Common Stock	-10.79	-	-	-	-
Other Financing Activities	132.61	-73.6	180.56	-	-0
Financing Cash Flow	1,578	13,664	6,322	-1,860	2,852
Foreign Exchange Rate Adjustments	-15.93	52.96	-3.36	-3.75	-0.4
Miscellaneous Cash Flow Adjustments	-0	-0	-0	-	-
Net Cash Flow	-3,980	7,157	4,749	-4,024	4,828
Free Cash Flow	-5,232	-6,705	-1,004	-2,953	-1,419
Free Cash Flow Margin	-8.74%	-10.92%	-1.40%	-5.60%	-2.88%
Free Cash Flow Per Share	-154.31	-210.69	-31.55	-92.78	-44.57
Cash Interest Paid	2,723	3,315	3,479	2,997	2,045
Cash Income Tax Paid	49.47	4.57	7.49	-65.01	-78.87
Levered Free Cash Flow	-8,593	-4,016	110.93	-1,452	6,052
Unlevered Free Cash Flow	-6,062	-992.75	2,382	420.54	7,521
Change in Working Capital	-5,314	-5,975	-5,182	4,877	4,320

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