INNOX Advanced 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	79,050	70,711	32,774	85,361	80,186	25,226
Depreciation & Amortization	20,031	20,438	21,402	20,749	17,825	16,748
Loss (Gain) From Sale of Assets	160.69	365.58	-111	179.04	195.66	231.79
Asset Writedown & Restructuring Costs	-	-	137.71	-129.09	789.64	-112.13
Loss (Gain) From Sale of Investments	-51	-194.48	-859.91	-859.83	749.54	3,416
Loss (Gain) on Equity Investments	19.56	52.1	51.55	-	260.56	728.31
Stock-Based Compensation	527.54	584.75	1,408	1,202	2,190	1,850
Provision & Write-off of Bad Debts	-30.92	-87.9	-73.44	46.45	-276.49	-385.72
Other Operating Activities	-13,020	8,795	1,277	-4,217	18,900	-977.98
Change in Accounts Receivable	-11,834	4,032	-11,020	38,638	-45,759	-9,687
Change in Inventory	-29,869	4,532	36,096	-26,097	-21,132	246.85
Change in Accounts Payable	4,340	4,896	4,534	-16,700	5,256	3,357
Change in Other Net Operating Assets	-2,521	-7,434	2,550	-5,678	1,614	-7,794
Operating Cash Flow	46,803	106,692	88,165	92,495	60,799	32,847
Operating Cash Flow Growth	-58.00%	21.01%	-4.68%	52.13%	85.10%	-26.01%
Capital Expenditures	-276,992	-201,169	-140,808	-40,532	-19,338	-17,494
Sale of Property, Plant & Equipment	256.85	154.76	343.63	111.52	107.53	52.02
Sale (Purchase) of Intangibles	44.12	-46.78	-254.1	-331.5	-	-
Investment in Securities	-21,573	2,402	-4,506	-1,042	-3,346	30,096
Other Investing Activities	300.51	-113.3	-406.72	-988.98	-419.65	18.25
Investing Cash Flow	-297,963	-198,772	-145,632	-42,784	-22,996	12,673
Short-Term Debt Issued	-	81,722	55,267	40,232	80,980	158,029
Long-Term Debt Issued	-	166,320	90,006	42,021	31,911	11,142
Total Debt Issued	65,081	248,042	145,272	82,253	112,891	169,171
Short-Term Debt Repaid	-	-30,412	-5,557	-49,912	-88,423	-142,946
Long-Term Debt Repaid	-	-61,463	-57,236	-59,248	-12,336	-61,416
Total Debt Repaid	-74,957	-91,875	-62,793	-109,160	-100,760	-204,362
Net Debt Issued (Repaid)	-9,876	156,167	82,479	-26,906	12,131	-35,191
Issuance of Common Stock	181,773	15,598	1,827	9,788	2,308	-
Repurchase of Common Stock	-9,897	-19,839	-	-19,638	-380.39	-5,332
Dividends Paid	-6,587	-4,903	-8,791	-6,875	-54.35	-4.55
Other Financing Activities	-308.05	-3,038	2,700	117	-20.19	-5.04
Financing Cash Flow	155,104	143,984	78,215	-43,514	13,985	-40,533
Foreign Exchange Rate Adjustments	1,478	1,339	-351.64	-1,132	334.51	-1,120
Miscellaneous Cash Flow Adjustments	0	0	0	-	-	-
Net Cash Flow	-94,578	53,243	20,397	5,065	52,121	3,867
Free Cash Flow	-230,189	-94,477	-52,643	51,962	41,461	15,353
Free Cash Flow Growth	-	-	-	25.33%	170.04%	-40.11%
Free Cash Flow Margin	-52.15%	-22.35%	-13.60%	10.62%	8.51%	4.57%
Free Cash Flow Per Share	-12183.83	-4852.62	-2685.81	2622.32	2141.07	845.20
Cash Interest Paid	14,636	9,108	3,060	2,095	1,717	2,731
Cash Income Tax Paid	21,041	11,551	13,960	30,667	4,542	12,254
Levered Free Cash Flow	-244,457	-104,996	-66,270	25,003	25,384	19,972
Unlevered Free Cash Flow	-241,227	-101,260	-65,521	25,799	26,528	21,638
Change in Working Capital	-39,884	6,027	32,159	-9,837	-60,022	-13,877

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.