Fine Circuit 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-3,980	4,531	4,517	3,587
Depreciation & Amortization	3,272	3,195	2,347	891.77
Loss (Gain) From Sale of Assets	1.47	-87.96	13	-87.05
Asset Writedown & Restructuring Costs	-	-8.33	-0.91	-
Loss (Gain) From Sale of Investments	-63.02	-572.56	-24.41	-485.91
Loss (Gain) on Equity Investments	-133.45	-	-	-
Stock-Based Compensation	-	-	-	310.49
Provision & Write-off of Bad Debts	889.78	145.59	111.92	232.74
Other Operating Activities	722.36	-228.01	2,692	175.94
Change in Accounts Receivable	1,729	-1,667	416.26	649.79
Change in Inventory	4,694	-3,355	950.45	-435.91
Change in Accounts Payable	-2,643	505.54	-318.01	8.49
Change in Other Net Operating Assets	-1,670	-1,311	1,171	2,292
Operating Cash Flow	2,819	1,147	11,874	7,140
Operating Cash Flow Growth	145.83%	-90.34%	66.31%	-
Capital Expenditures	-1,592	-1,977	-3,863	-3,202
Sale of Property, Plant & Equipment	63.85	14.55	174.05	166.96
Cash Acquisitions	-	-217.73	3,471	-
Divestitures	-	-	60	-
Sale (Purchase) of Intangibles	-21.59	-72	-3.79	-
Investment in Securities	17,210	12,192	-35,661	5,050
Other Investing Activities	188.32	262	-0	-
Investing Cash Flow	15,945	10,004	-36,162	1,953
Long-Term Debt Issued	36,204	31,909	44,678	12,020
Long-Term Debt Repaid	-48,765	-33,320	-20,186	-15,684
Net Debt Issued (Repaid)	-12,562	-1,411	24,491	-3,664
Repurchase of Common Stock	-	-	-21.05	-
Dividends Paid	-4,144	-4,736	-4,900	-400
Other Financing Activities	-684.58	-2,099	-2,525	-
Financing Cash Flow	-17,390	-8,245	17,045	-4,064
Foreign Exchange Rate Adjustments	-35.66	11.29	-20.26	-37.49
Miscellaneous Cash Flow Adjustments	-	-	-	-0
Net Cash Flow	1,338	2,917	-7,262	4,992
Free Cash Flow	1,228	-829.79	8,012	3,937
Free Cash Flow Growth	-	-	103.48%	-
Free Cash Flow Margin	1.50%	-0.97%	11.57%	6.12%
Free Cash Flow Per Share	103.68	-70.09	635.95	393.75
Cash Interest Paid	1,226	1,084	837.11	181.34
Cash Income Tax Paid	2,484	1,577	523.02	1,215
Levered Free Cash Flow	-2,976	-2,073	2,613	-
Unlevered Free Cash Flow	-1,766	-701.7	3,665	-
Change in Working Capital	2,110	-5,827	2,220	2,515

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