Asia Pacific Satellite 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	-2,770	10,428	10,515	4,077	1,402
Depreciation & Amortization	754.64	631.96	524.26	542.81	724.37
Loss (Gain) From Sale of Assets	-	-1.18	-0.25	-0.29	-0.44
Asset Writedown & Restructuring Costs	-	-	-	-	1,529
Loss (Gain) on Equity Investments	181.66	1,047	-	-	-
Stock-Based Compensation	1,810	-	340.92	144.77	-
Provision & Write-off of Bad Debts	167.47	162.71	139.79	2,078	15.22
Other Operating Activities	1,799	-2,401	2,178	1,835	597.36
Change in Accounts Receivable	-3,847	3,958	5,071	-2,908	-2,492
Change in Inventory	3,224	5,051	-14,091	-125.93	-393.27
Change in Accounts Payable	-131.7	-820.77	2,893	1,031	147.03
Change in Other Net Operating Assets	-5,649	-25,177	20,740	963.43	-3,034
Operating Cash Flow	-4,461	-7,121	28,310	7,639	-1,505
Operating Cash Flow Growth	-	-	270.62%	-	-
Capital Expenditures	-7,929	-3,684	-775.8	-91.6	-124.46
Sale of Property, Plant & Equipment	-	124.21	-	-	-
Sale (Purchase) of Intangibles	-42.43	-4.72	-	-4.33	-5.56
Sale (Purchase) of Real Estate	-	-	-2,899	-	-
Investment in Securities	-53,940	-1,454	60	-79.17	191.14
Other Investing Activities	20	147	90	-65	-70
Investing Cash Flow	-61,825	-4,991	-4,134	-500.1	11.12
Long-Term Debt Repaid	-175.87	-137.22	-122.16	-113.17	-149.24
Total Debt Repaid	-175.87	-137.22	-122.16	-113.17	-149.24
Net Debt Issued (Repaid)	-175.87	-137.22	-122.16	-113.17	-149.24
Issuance of Common Stock	-	-	-	258	622.13
Dividends Paid	-	-996.32	-996.32	-745.38	-987.04
Other Financing Activities	-	0	-	-	-
Financing Cash Flow	-175.87	-1,134	-1,118	-600.55	-514.15
Foreign Exchange Rate Adjustments	28.97	441.38	73.68	70.82	469.33
Miscellaneous Cash Flow Adjustments	-	0	-	-	-
Net Cash Flow	-66,433	-12,804	23,131	6,609	-1,539
Free Cash Flow	-12,390	-10,804	27,534	7,547	-1,630
Free Cash Flow Growth	-	-	264.84%	-	-
Free Cash Flow Margin	-25.91%	-18.43%	55.70%	14.08%	-4.05%
Free Cash Flow Per Share	-872.25	-755.27	1934.53	531.21	-115.10
Cash Interest Paid	14.18	10.36	-	-	-
Cash Income Tax Paid	1,792	3,355	1,464	1,050	748.3
Levered Free Cash Flow	-13,073	-17,110	23,119	6,534	-1,554
Unlevered Free Cash Flow	-13,064	-17,103	23,124	6,537	-1,549
Change in Working Capital	-6,404	-16,989	14,613	-1,039	-5,772

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