Handok Clean Tech 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	2,730	3,621	5,342	5,065	4,637
Depreciation & Amortization	1,952	1,893	1,705	1,565	1,555
Loss (Gain) From Sale of Assets	-35.16	-0.81	23.96	-0.01	48.11
Loss (Gain) From Sale of Investments	1.97	-	-	-	12.62
Stock-Based Compensation	10.97	59.93	365.39	438.22	239.72
Provision & Write-off of Bad Debts	-79.12	168.41	128.92	-9.18	11.37
Other Operating Activities	1,369	1,186	1,412	-941.79	301.64
Change in Accounts Receivable	-1,401	-1,522	1,637	-1,739	-135.71
Change in Inventory	-683.86	1,039	-6,360	-1,185	-1,236
Change in Accounts Payable	465.62	-197.77	-40.94	1,023	-729.68
Change in Unearned Revenue	0.23	-	-	-	-
Change in Other Net Operating Assets	-2,215	-748.46	-642.3	-1,154	-1,303
Operating Cash Flow	2,115	5,498	3,570	3,061	3,401
Operating Cash Flow Growth	-61.53%	53.98%	16.65%	-10.00%	-51.44%
Capital Expenditures	-2,561	-3,782	-4,752	-2,671	-2,372
Sale of Property, Plant & Equipment	181.73	14.07	19.68	174.14	87.65
Sale (Purchase) of Intangibles	-37.42	-28.93	-87.03	-14.93	-20.08
Investment in Securities	3,479	1,398	4,939	-1,251	-9,626
Other Investing Activities	-10	-143.3	1	0	-135
Investing Cash Flow	1,153	-2,532	120.18	-3,663	-12,366
Issuance of Common Stock	-	-	-	7.91	9,631
Repurchase of Common Stock	-	-2,008	-	-2,533	-1,458
Dividends Paid	-1,929	-2,002	-2,002	-1,654	-1,135
Other Financing Activities	6	-	-	-	-
Financing Cash Flow	-1,923	-4,010	-2,002	-4,179	7,038
Foreign Exchange Rate Adjustments	-	35.79	-	-0.08	231.3
Miscellaneous Cash Flow Adjustments	0	-	0	-	-
Net Cash Flow	1,344	-1,009	1,689	-4,782	-1,696
Free Cash Flow	-446.19	1,716	-1,182	389.46	1,029
Free Cash Flow Growth	-	-	-	-62.15%	-47.42%
Free Cash Flow Margin	-0.64%	2.51%	-1.82%	0.66%	1.95%
Free Cash Flow Per Share	-57.86	217.07	-147.62	47.78	126.24
Cash Income Tax Paid	956.76	665.04	521.34	2,900	1,686
Levered Free Cash Flow	-1,730	113.34	-3,440	-1,600	794.06
Unlevered Free Cash Flow	-1,730	113.34	-3,440	-1,600	794.06
Change in Working Capital	-3,834	-1,429	-5,407	-3,057	-3,404

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