CQV Co., Ltd. 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	9,451	9,265	3,425	5,384	3,514
Depreciation & Amortization	3,167	3,558	3,843	3,756	3,677
Loss (Gain) From Sale of Assets	0	2.27	-0.74	0.01	5.57
Asset Writedown & Restructuring Costs	-	-	736.22	-	-
Loss (Gain) on Equity Investments	-1,774	536.94	-	-	-
Provision & Write-off of Bad Debts	31.97	80.25	-	-	2.47
Other Operating Activities	1,533	762.07	-32.09	1,784	2,556
Change in Accounts Receivable	3,659	-575.97	-2,654	-1,341	40.94
Change in Inventory	-3,259	-1,487	4,188	2,274	-3,449
Change in Accounts Payable	-16.05	-646.74	821.22	-246.5	554.19
Change in Other Net Operating Assets	-2,596	2,010	-1,291	-1,717	-1,908
Operating Cash Flow	10,197	13,505	9,035	9,894	4,994
Operating Cash Flow Growth	-24.50%	49.48%	-8.69%	98.13%	33.83%
Capital Expenditures	-3,270	-2,535	-2,366	-1,025	-718.9
Sale of Property, Plant & Equipment	-	-	-	-	0.7
Sale (Purchase) of Intangibles	-90.94	-82.91	-0.27	-883.45	-1,001
Investment in Securities	-8,228	-19,373	-74.88	-20.67	-18.76
Other Investing Activities	441.31	642.61	277.32	543.68	542.45
Investing Cash Flow	-11,147	-21,348	-2,164	-1,386	-1,195
Long-Term Debt Issued	8,000	23,480	4,000	5,000	1,000
Long-Term Debt Repaid	-10,064	-13,093	-11,330	-7,350	-4,748
Net Debt Issued (Repaid)	-2,064	10,387	-7,330	-2,350	-3,748
Repurchase of Common Stock	-	-16.57	-	-	-
Dividends Paid	-	-	-1,613	-1,076	-896.26
Financing Cash Flow	-2,064	10,370	-8,943	-3,426	-4,644
Foreign Exchange Rate Adjustments	-94.55	156.16	-84.08	-60.98	0.93
Net Cash Flow	-3,109	2,684	-2,157	5,021	-844.8
Free Cash Flow	6,927	10,971	6,668	8,869	4,275
Free Cash Flow Growth	-36.85%	64.52%	-24.81%	107.47%	197.81%
Free Cash Flow Margin	12.26%	18.24%	13.05%	19.16%	10.69%
Free Cash Flow Per Share	-	940.09	710.55	970.12	467.19
Cash Interest Paid	561.78	533.89	740.62	503.25	364.39
Cash Income Tax Paid	1,676	1,708	1,094	295.22	45.44
Levered Free Cash Flow	-4,510	7,994	6,928	7,018	2,324
Unlevered Free Cash Flow	-3,383	8,662	7,384	7,372	2,556
Change in Working Capital	-2,212	-699.29	1,063	-1,030	-4,761

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