ASFLOW 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	-9,937	-2,367	3,575	9,053	3,979
Depreciation & Amortization	2,995	3,368	3,287	3,049	2,192
Loss (Gain) From Sale of Assets	203.18	-	-1.27	-	4.17
Asset Writedown & Restructuring Costs	655.91	-	-	-	-
Loss (Gain) From Sale of Investments	-	570.95	700	-	0.37
Stock-Based Compensation	578.28	546.77	470.39	86.81	-
Provision & Write-off of Bad Debts	-346.38	484.91	-187.75	240.74	-9.9
Other Operating Activities	817.85	89.21	192.08	2,545	225.72
Change in Accounts Receivable	7,844	-709.57	-421.52	-8,424	-8,231
Change in Inventory	-1,535	4,465	-5,917	-8,523	-2,452
Change in Accounts Payable	-2,401	407.52	-2,916	986.92	4,242
Change in Other Net Operating Assets	-656.28	-1,391	-1,887	-860.59	-2,875
Operating Cash Flow	-1,781	5,466	-3,105	-1,846	-2,924
Capital Expenditures	-4,541	-6,222	-3,436	-4,294	-7,356
Sale of Property, Plant & Equipment	129.02	4,200	1.27	-	-
Divestitures	-	19.84	-	-	-
Sale (Purchase) of Intangibles	-208	-1,262	-	-13.36	-280.97
Investment in Securities	-756.98	-857.78	159.13	1,909	-3,321
Other Investing Activities	2,895	696.5	430.19	338.47	149.33
Investing Cash Flow	-2,482	-3,425	-2,845	-2,060	-10,808
Long-Term Debt Issued	-	24,738	24,648	22,164	7,316
Long-Term Debt Repaid	-6,924	-14,398	-6,799	-16,182	-10,848
Net Debt Issued (Repaid)	-6,924	10,340	17,849	5,983	-3,531
Issuance of Common Stock	-	-	-	-	15,345
Repurchase of Common Stock	-	-2,187	-	-1,995	-
Other Financing Activities	-539.15	214.81	239.84	178.51	256.56
Financing Cash Flow	-7,463	8,368	18,089	4,167	12,071
Foreign Exchange Rate Adjustments	68.67	-107.96	57.12	-74.19	160.93
Net Cash Flow	-11,658	10,301	12,196	186.25	-1,500
Free Cash Flow	-6,323	-756.01	-6,541	-6,140	-10,279
Free Cash Flow Margin	-9.31%	-0.90%	-7.53%	-6.93%	-17.45%
Free Cash Flow Per Share	-489.28	-58.12	-496.70	-461.08	-865.35
Cash Interest Paid	2,534	2,767	2,251	1,071	760.54
Cash Income Tax Paid	123.62	-68.87	1,269	353.54	97.21
Levered Free Cash Flow	-3,841	-3,881	-8,759	-8,974	-12,689
Unlevered Free Cash Flow	-2,353	-2,177	-7,309	-8,211	-12,213
Change in Working Capital	3,253	2,773	-11,141	-16,821	-9,315

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.