Hana Materials 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	32,437	31,757	34,194	80,135
Depreciation & Amortization	31,257	32,125	34,116	33,357
Loss (Gain) From Sale of Assets	-48.68	-1,587	5.81	-176.01
Loss (Gain) From Sale of Investments	430.04	399.09	-742.51	-1,082
Loss (Gain) on Equity Investments	224.32	208.27	35.37	-1,103
Stock-Based Compensation	1,356	1,171	126.8	565.93
Other Operating Activities	3,667	9,305	2,458	1,591
Change in Accounts Receivable	-1,391	-13,572	-1,968	8,930
Change in Inventory	7,307	12,062	-2,926	-29,545
Change in Accounts Payable	95.1	-569.4	129.8	-1,352
Change in Income Taxes	-	-	-1.17	-
Change in Other Net Operating Assets	-3,068	4,386	-21,233	-8,737
Operating Cash Flow	72,265	75,684	44,196	82,583
Operating Cash Flow Growth	41.41%	71.25%	-46.48%	-
Capital Expenditures	-30,415	-42,164	-120,647	-92,465
Sale of Property, Plant & Equipment	169.36	172.36	57.05	184.86
Sale (Purchase) of Intangibles	-978.34	-1,320	-1,221	-1,066
Investment in Securities	-6,221	-21,655	-6,113	636.61
Other Investing Activities	11,449	18,891	3,813	191.49
Investing Cash Flow	-5,665	-25,745	-125,034	-92,448
Short-Term Debt Issued	-	15,000	53,000	30,000
Long-Term Debt Issued	-	18,486	57,546	26,968
Total Debt Issued	28,486	33,486	110,546	56,968
Short-Term Debt Repaid	-	-47,000	-10,000	-37,000
Long-Term Debt Repaid	-	-26,629	-12,999	-13,239
Total Debt Repaid	-77,741	-73,629	-22,999	-50,239
Net Debt Issued (Repaid)	-49,255	-40,143	87,547	6,729
Issuance of Common Stock	446.83	446.83	-	268.1
Repurchase of Common Stock	-3,822	-2,107	-	-583.61
Dividends Paid	-3,904	-3,904	-5,856	-11,711
Other Financing Activities	-0.51	-0.51	-0	-0.79
Financing Cash Flow	-56,535	-45,708	81,690	-5,298
Foreign Exchange Rate Adjustments	253.01	250.24	-80.48	-376.54
Net Cash Flow	10,317	4,481	771.22	-15,540
Free Cash Flow	41,849	33,520	-76,452	-9,882
Free Cash Flow Margin	16.57%	13.32%	-32.73%	-3.22%
Free Cash Flow Per Share	2137.16	1707.29	-3892.27	-503.10
Cash Interest Paid	7,887	6,685	3,527	3,334
Cash Income Tax Paid	11,490	6,604	12,500	14,142
Levered Free Cash Flow	35,486	26,310	-66,317	-
Unlevered Free Cash Flow	39,917	30,741	-63,796	-
Change in Net Working Capital	-10,472	-13,872	1,897	-

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