KineMaster 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	3,415	4,397	2,623	-15,346	-1,280
Depreciation & Amortization	490.63	637.74	659.53	1,224	1,012
Loss (Gain) From Sale of Assets	0.01	3.57	0.02	148.45	0.05
Asset Writedown & Restructuring Costs	-	-	-	50.77	-
Loss (Gain) From Sale of Investments	-1,782	-1,533	-13.79	1,000	-0.08
Stock-Based Compensation	-	56.67	174.02	256.68	-
Provision & Write-off of Bad Debts	-176.47	-45	-68.04	408.4	-
Other Operating Activities	810.86	429.83	119.38	-2,485	-418.5
Change in Accounts Receivable	203.79	199.89	34.2	-141.34	1,314
Change in Other Net Operating Assets	-34.88	-662.09	441.86	-275.26	-2,366
Operating Cash Flow	2,927	3,485	3,970	-15,159	-1,739
Operating Cash Flow Growth	-16.01%	-12.24%	-	-	-
Capital Expenditures	-6.82	-	-38.33	-318.26	-225.94
Sale of Property, Plant & Equipment	-	-	29.85	12.7	0.37
Sale (Purchase) of Intangibles	-4.44	-	-3.4	-20.11	-518.89
Investment in Securities	-4,887	-1,736	-3,950	-2,281	-8,214
Other Investing Activities	0	32.35	294.44	590.79	15.85
Investing Cash Flow	-4,898	-1,704	-3,667	-2,016	-8,943
Long-Term Debt Repaid	-267.8	-399.19	-397.36	-1,337	-777.83
Total Debt Repaid	-267.8	-399.19	-397.36	-1,337	-777.83
Net Debt Issued (Repaid)	-267.8	-399.19	-397.36	-1,337	-777.83
Issuance of Common Stock	-	-	-	-	10,907
Other Financing Activities	-	-0.02	-0.03	-0	-0
Financing Cash Flow	-267.8	-399.21	-397.39	7,163	10,129
Foreign Exchange Rate Adjustments	-26.02	108.05	1.07	178.26	1,047
Miscellaneous Cash Flow Adjustments	-	0	0	-0	0
Net Cash Flow	-2,265	1,490	-92.88	-9,834	494.33
Free Cash Flow	2,920	3,485	3,932	-15,477	-1,965
Free Cash Flow Growth	-16.20%	-11.38%	-	-	-
Free Cash Flow Margin	23.82%	26.13%	23.44%	-79.66%	-8.32%
Free Cash Flow Per Share	206.94	247.27	283.11	-1142.52	-147.76
Cash Interest Paid	10.72	14.34	13.11	-	-
Cash Income Tax Paid	12.39	234.05	93.84	-156.24	773.72
Levered Free Cash Flow	1,856	673.35	2,392	-8,577	-876.14
Unlevered Free Cash Flow	1,863	682.32	2,400	-8,556	-867.94
Change in Working Capital	168.92	-462.2	476.06	-416.6	-1,052

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