Shinhwa Contech 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	3,096	7,585	3,955	4,649	3,562
Depreciation & Amortization	2,959	3,249	3,406	3,846	4,309
Loss (Gain) From Sale of Assets	-7.41	-73.31	-125.51	-1,572	-68.96
Loss (Gain) From Sale of Investments	1,973	36.99	-	-	-
Provision & Write-off of Bad Debts	30.96	1,111	645.85	18.85	-285.65
Other Operating Activities	-178.28	401.19	2,546	949.58	913.54
Change in Accounts Receivable	-2,739	472.67	-2,828	4,533	-1,728
Change in Inventory	4,938	-3,313	3,928	438.22	-6.38
Change in Accounts Payable	-4,013	1,613	1,202	-3,372	1,029
Change in Other Net Operating Assets	482.29	-2,176	-212.13	-592.05	-1,902
Operating Cash Flow	6,541	8,906	12,517	8,898	5,823
Operating Cash Flow Growth	-26.56%	-28.85%	40.68%	52.81%	2090.98%
Capital Expenditures	-2,077	-6,387	-2,824	-6,605	-1,992
Sale of Property, Plant & Equipment	644	103.36	243.52	8,270	141.88
Investment in Securities	5,975	7,380	-1,600	-7,941	951.25
Other Investing Activities	221.02	-182.49	-2,297	-109.05	137.9
Investing Cash Flow	4,763	913.94	-6,478	-6,362	87.32
Long-Term Debt Issued	17,070	3,954	5,500	9,650	9,260
Long-Term Debt Repaid	-22,880	-12,019	-9,724	-11,311	-12,509
Net Debt Issued (Repaid)	-5,810	-8,065	-4,224	-1,662	-3,249
Issuance of Common Stock	-	37.29	-	-	-
Dividends Paid	-459.93	-459.93	-	-	-
Other Financing Activities	756.3	85	-285	-10	219.6
Financing Cash Flow	-5,514	-8,403	-4,509	-1,672	-3,030
Foreign Exchange Rate Adjustments	-46.04	-0.66	-17.07	-26.93	-8.39
Miscellaneous Cash Flow Adjustments	-	-	-	-0	-0
Net Cash Flow	5,744	1,417	1,513	837.49	2,872
Free Cash Flow	4,464	2,519	9,693	2,293	3,831
Free Cash Flow Growth	77.19%	-74.01%	322.78%	-40.16%	-
Free Cash Flow Margin	8.35%	4.85%	18.66%	5.10%	8.73%
Free Cash Flow Per Share	485.95	274.03	1053.72	249.24	416.51
Cash Interest Paid	566.28	1,350	855.62	628.51	619.61
Cash Income Tax Paid	1,896	585	192.42	1,357	-38.96
Levered Free Cash Flow	469.57	-304.57	5,878	1,224	2,173
Unlevered Free Cash Flow	845.72	506.09	6,847	1,880	2,581
Change in Working Capital	-1,332	-3,403	2,090	1,007	-2,608

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