REFINE Cash Flow Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2021	FY 2020	FY 2019
Period Ending	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	16,244	16,881	16,067	5,410
Depreciation & Amortization	1,141	1,108	883.49	724.43
Loss (Gain) From Sale of Assets	0.11	0.11	27.89	-3.86
Asset Writedown & Restructuring Costs	63.96	63.96	22	-
Loss (Gain) From Sale of Investments	-236.22	-18.31	44.38	-1,556
Loss (Gain) on Equity Investments	-10.29	-20.1	38.05	33.56
Stock-Based Compensation	491.15	491.15	-	-
Other Operating Activities	-1,032	-2,241	4,852	4,645
Change in Accounts Receivable	409.1	268.17	301.91	-3,550
Change in Other Net Operating Assets	1,151	1,366	-9,005	4,231
Operating Cash Flow	18,222	17,899	13,232	9,934
Operating Cash Flow Growth	37.72%	35.27%	33.20%	-
Capital Expenditures	-1,392	-1,329	-946.63	-230.95
Sale of Property, Plant & Equipment	-	-	303.79	-
Cash Acquisitions	-	-	-91.09	-
Sale (Purchase) of Intangibles	-100.52	-1,188	-182.53	-224.28
Investment in Securities	-37,332	-2,280	40.18	653.14
Other Investing Activities	-1,019	-691.01	-110.3	-1,253
Investing Cash Flow	-39,843	-5,489	-986.57	-1,055
Long-Term Debt Repaid	-	-549.5	-373.44	-362.92
Net Debt Issued (Repaid)	-558.26	-549.5	-373.44	-362.92
Issuance of Common Stock	88,606	88,606	-	-
Repurchase of Common Stock	-14,000	-6,655	-	-
Dividends Paid	-	-	-65	-130
Other Financing Activities	0	0	-	-
Financing Cash Flow	74,048	81,401	-438.44	-492.92
Miscellaneous Cash Flow Adjustments	-276.91	-276.91	0	-0
Net Cash Flow	52,150	93,534	11,807	8,385
Free Cash Flow	16,830	16,570	12,285	9,703
Free Cash Flow Growth	37.00%	34.88%	26.61%	-
Free Cash Flow Margin	29.00%	28.19%	22.68%	21.69%
Free Cash Flow Per Share	1151.59	1207.16	945.00	746.37
Cash Income Tax Paid	5,619	7,285	840.42	761.82
Levered Free Cash Flow	-	10,880	10,910	-
Unlevered Free Cash Flow	-	10,889	10,920	-
Change in Working Capital	1,560	1,634	-8,703	680.83

Updated May 12, 2022. Source: S&P Global Market Intelligence. Standard template. Financial Sources.