GnBS eco 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	6,316	12,514	17,624
Depreciation & Amortization	1,113	955.34	791.34
Loss (Gain) From Sale of Assets	0.19	0.83	-
Loss (Gain) From Sale of Investments	943.31	4,336	-3,793
Loss (Gain) on Equity Investments	69	30.09	15.56
Provision & Write-off of Bad Debts	299.21	252.22	-28.84
Other Operating Activities	-917.59	-4,030	2,764
Change in Accounts Receivable	13,515	-10,751	-22,007
Change in Inventory	-6,170	2,555	276.88
Change in Accounts Payable	-1,973	-1,056	177.06
Change in Other Net Operating Assets	-4,299	-1,557	559.06
Operating Cash Flow	8,896	3,250	-3,621
Operating Cash Flow Growth	173.75%	-	-
Capital Expenditures	-8,101	-12,242	-11,420
Sale of Property, Plant & Equipment	54.55	-	-
Cash Acquisitions	-	-376.22	-
Sale (Purchase) of Intangibles	-19.38	-33.53	-67.69
Investment in Securities	-850.8	-4,741	9,485
Other Investing Activities	-247.65	292.2	-42.19
Investing Cash Flow	-9,164	-17,100	-2,045
Short-Term Debt Issued	-	2,600	-
Long-Term Debt Issued	5,238	6,000	9,957
Total Debt Issued	5,238	8,600	9,957
Short-Term Debt Repaid	-2,600	-	-2,000
Long-Term Debt Repaid	-4,219	-843.41	-1,866
Total Debt Repaid	-6,819	-843.41	-3,866
Net Debt Issued (Repaid)	-1,581	7,757	6,090
Issuance of Common Stock	123.69	33.36	949.64
Other Financing Activities	-294.54	-198.77	278
Financing Cash Flow	-1,752	7,591	7,318
Foreign Exchange Rate Adjustments	-23.62	98.09	-20.54
Net Cash Flow	-2,043	-6,161	1,631
Free Cash Flow	795.26	-8,992	-15,041
Free Cash Flow Margin	0.86%	-12.71%	-16.84%
Free Cash Flow Per Share	24.80	-283.83	-475.94
Cash Interest Paid	410.3	341.64	158.31
Cash Income Tax Paid	1,697	2,507	2,388
Levered Free Cash Flow	-12,234	-8,500	-
Unlevered Free Cash Flow	-11,964	-8,094	-
Change in Working Capital	1,073	-10,809	-20,994

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