09WOMEN 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	7,453	7,859	10,056
Depreciation & Amortization	1,412	1,088	870.69
Loss (Gain) From Sale of Assets	-5.41	0	-
Asset Writedown & Restructuring Costs	702.43	72.14	-
Loss (Gain) From Sale of Investments	-2,252	-232.37	19.08
Stock-Based Compensation	117.12	141.62	68.94
Provision & Write-off of Bad Debts	-13	-8.27	-0.17
Other Operating Activities	-145.12	1,528	392.74
Change in Accounts Receivable	-227.04	-222.64	-245.39
Change in Inventory	-276.29	251.22	-517.35
Change in Accounts Payable	18.74	-104.97	65.88
Change in Unearned Revenue	-86.93	10.63	13.72
Change in Other Net Operating Assets	-297.96	-512.39	-527.04
Operating Cash Flow	6,400	9,870	10,197
Operating Cash Flow Growth	-35.16%	-3.21%	-
Capital Expenditures	-196.41	-255.63	-79.76
Sale of Property, Plant & Equipment	5.97	-	-
Cash Acquisitions	-	-490.24	-
Sale (Purchase) of Intangibles	-117.14	-187.06	-16.96
Investment in Securities	-3,288	11,712	5,812
Other Investing Activities	65.29	-132.98	-300
Investing Cash Flow	-3,892	10,712	5,516
Short-Term Debt Issued	14.33	242.64	-
Long-Term Debt Issued	36.43	-	-
Total Debt Issued	50.76	242.64	-
Short-Term Debt Repaid	-58.93	-523.6	-
Long-Term Debt Repaid	-1,019	-754.33	-550.21
Total Debt Repaid	-1,078	-1,278	-550.21
Net Debt Issued (Repaid)	-1,027	-1,035	-550.21
Issuance of Common Stock	-	70.39	707.14
Dividends Paid	-2,039	-2,714	-4,007
Other Financing Activities	-	0	-
Financing Cash Flow	-3,066	-3,679	-3,851
Foreign Exchange Rate Adjustments	-1.62	108.58	-4.83
Net Cash Flow	-560.25	17,011	11,857
Free Cash Flow	6,204	9,614	10,117
Free Cash Flow Growth	-35.48%	-4.97%	-
Free Cash Flow Margin	13.77%	19.28%	19.09%
Free Cash Flow Per Share	273.83	424.50	446.85
Cash Interest Paid	3.06	2.07	-
Cash Income Tax Paid	2,595	1,147	1,905
Levered Free Cash Flow	3,506	6,947	-
Unlevered Free Cash Flow	3,542	6,983	-
Change in Working Capital	-869.49	-578.15	-1,210

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