YG Entertainment 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	50,434	18,519	61,337	33,692	6,658	9,417
Depreciation & Amortization	30,356	29,978	19,551	13,428	11,146	15,924
Loss (Gain) From Sale of Assets	1,716	-7,337	-288.95	-860.72	881.31	1,861
Asset Writedown & Restructuring Costs	-	-	-	-	-	2,197
Loss (Gain) From Sale of Investments	-16,520	-1,597	-29.89	-4,028	2,123	-19,780
Loss (Gain) on Equity Investments	-24,338	-22,585	1,892	-1,469	-4,515	5,881
Stock-Based Compensation	559.51	332.75	932.68	913.21	1,110	1,234
Provision & Write-off of Bad Debts	417.97	3,674	64.17	522.4	1,175	-2,710
Other Operating Activities	22,144	-1,172	18,843	12,925	31,534	11,520
Change in Accounts Receivable	-38,523	-6,533	-5,700	-25,822	-20,340	-6,862
Change in Inventory	-3,699	4,176	-5,667	-5,869	1,424	-21,599
Change in Accounts Payable	11,285	12,869	3,553	4,051	5,113	7,910
Change in Unearned Revenue	8,950	-11,831	-10,649	7,898	9,812	6,588
Change in Other Net Operating Assets	29,875	-18,445	8,704	19,270	-16,792	22,966
Operating Cash Flow	72,656	48.81	93,596	55,088	36,866	25,765
Operating Cash Flow Growth	1793.79%	-99.95%	69.90%	49.43%	43.08%	-56.74%
Capital Expenditures	-7,847	-7,126	-11,561	-8,848	-32,190	-32,103
Sale of Property, Plant & Equipment	689.89	2,133	411.18	175.33	312.11	161.98
Cash Acquisitions	-	-	-	-	-34.72	-
Divestitures	1,672	1,625	239.93	1,880	-	215.63
Sale (Purchase) of Intangibles	265.51	-15,023	-42,007	1,337	-1,690	102.87
Investment in Securities	22,352	23,559	-29,700	-2,280	-48,312	10,805
Other Investing Activities	934.52	-4,534	12,833	-9,844	5,222	6,710
Investing Cash Flow	18,376	628.24	-69,710	-17,881	-77,022	-10,976
Short-Term Debt Issued	-	89.17	-	451.14	-	9,279
Long-Term Debt Issued	-	-	1,069	-	10,302	3,923
Total Debt Issued	-0	89.17	1,069	451.14	10,302	13,201
Short-Term Debt Repaid	-	-	-	-451.14	-	-3,279
Long-Term Debt Repaid	-	-6,327	-5,199	-6,669	-5,743	-9,930
Total Debt Repaid	-7,948	-6,327	-5,199	-7,121	-5,743	-13,209
Net Debt Issued (Repaid)	-7,948	-6,238	-4,130	-6,669	4,559	-7.69
Issuance of Common Stock	1,737	98.57	818.04	5,381	848.7	6,179
Dividends Paid	-4,637	-5,996	-4,628	-4,575	-	-
Other Financing Activities	-165	-165	1,637	4,571	27,089	-16,607
Financing Cash Flow	-11,013	-12,300	-6,303	-1,292	32,497	-10,436
Foreign Exchange Rate Adjustments	345.7	366.76	-531.55	733.83	-3.37	-484.72
Miscellaneous Cash Flow Adjustments	2,023	1,099	-397.08	-653.5	27.07	197.67
Net Cash Flow	82,388	-10,157	16,655	35,995	-7,635	4,067
Free Cash Flow	64,809	-7,077	82,035	46,240	4,676	-6,338
Free Cash Flow Growth	-	-	77.41%	888.85%	-	-
Free Cash Flow Margin	13.57%	-1.94%	14.41%	11.82%	1.45%	-2.48%
Free Cash Flow Per Share	3492.56	-381.58	4425.01	2498.99	255.35	-346.90
Cash Interest Paid	113.48	255.21	134.39	134.4	118.55	110.48
Cash Income Tax Paid	13,894	16,285	14,283	11,468	7,907	3,589
Levered Free Cash Flow	49,746	-18,466	14,031	36,132	-7,658	-11,095
Unlevered Free Cash Flow	50,242	-17,889	14,373	36,413	-7,443	-10,657
Change in Working Capital	7,887	-19,765	-9,758	-471.52	-20,784	9,003

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