VALOFE Co.,Ltd 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	1,810	1,714	909.22	1,579	2,330
Depreciation & Amortization	1,354	1,261	836.39	426.59	452.38
Loss (Gain) From Sale of Assets	-9.26	28.33	52.13	-0	-4.22
Stock-Based Compensation	104.78	426.1	365.39	208.41	-
Provision & Write-off of Bad Debts	0.08	6.18	-	14.81	0.17
Other Operating Activities	596.05	-755.33	-1,250	2,245	-1,183
Change in Accounts Receivable	-3,181	-145.58	2,643	-2,754	-2,169
Change in Other Net Operating Assets	2,188	-1,424	2,372	-212.6	319.89
Operating Cash Flow	2,863	1,111	5,929	1,508	-254.17
Operating Cash Flow Growth	157.64%	-81.25%	293.26%	-	-
Capital Expenditures	-15,604	-46.8	-1,015	-121.07	-53.85
Sale of Property, Plant & Equipment	9.25	-	7.87	3.33	5.06
Cash Acquisitions	-	-2,079	-8,084	1,544	-
Divestitures	-	53.08	-	-	-
Sale (Purchase) of Intangibles	-31.3	-10.63	-1,300	-1.44	-0.04
Investment in Securities	4,748	6,086	-2,478	-5,972	-2,001
Other Investing Activities	-0	0	0	0	-6.19
Investing Cash Flow	-10,878	4,002	-12,869	-4,548	-2,056
Short-Term Debt Issued	395.52	2,578	6,795	-	-
Long-Term Debt Issued	11,000	3,000	586.68	-	-
Total Debt Issued	11,396	5,578	7,381	-	-
Short-Term Debt Repaid	-2,286	-3,797	-1,175	-	-
Long-Term Debt Repaid	-1,395	-738.11	-350.96	-280.99	-427.18
Total Debt Repaid	-3,681	-4,536	-1,526	-280.99	-427.18
Net Debt Issued (Repaid)	7,715	1,043	5,855	-280.99	-427.18
Issuance of Common Stock	-	-	3,171	2,090	4,300
Repurchase of Common Stock	-	-1,504	-	-0.02	-
Other Financing Activities	270	-0	-2.27	-0.66	-1.71
Financing Cash Flow	7,985	-461.1	9,024	1,808	3,871
Foreign Exchange Rate Adjustments	-72.15	139.78	-167.26	-286.74	342.22
Miscellaneous Cash Flow Adjustments	-	-	-59.84	-	-
Net Cash Flow	-101.65	4,792	1,857	-1,519	1,903
Free Cash Flow	-12,741	1,065	4,914	1,387	-308.02
Free Cash Flow Growth	-	-78.34%	254.41%	-	-
Free Cash Flow Margin	-33.67%	2.99%	13.66%	4.62%	-1.57%
Free Cash Flow Per Share	-260.38	21.11	98.50	31.07	-7.43
Cash Interest Paid	248.97	166.22	86.25	17.19	7.26
Cash Income Tax Paid	625.03	405.63	941.4	244.81	72.55
Levered Free Cash Flow	-13,230	-806.36	-863.94	-187.59	-
Unlevered Free Cash Flow	-12,962	-622.83	-710.45	-152.66	-
Change in Working Capital	-993.3	-1,569	5,015	-2,966	-1,849

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