Bumhan Fuel Cell 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-291.68	834.54	-2,375	2,258
Depreciation & Amortization	2,586	2,204	1,601	1,191
Loss (Gain) From Sale of Assets	18.52	-1.92	80.73	-0.49
Loss (Gain) From Sale of Investments	514.72	508.77	-19.53	11.15
Stock-Based Compensation	-	24.77	-43.04	39.15
Provision & Write-off of Bad Debts	-2.78	-40.29	197.56	112.86
Other Operating Activities	21.39	103.28	-61.56	106.45
Change in Accounts Receivable	-323.83	-4,216	-1,643	540.47
Change in Inventory	3,946	811.47	-5,618	-6,268
Change in Accounts Payable	21.63	-1,101	-2,940	2,601
Change in Other Net Operating Assets	-3,497	9,779	-8,056	-13,021
Operating Cash Flow	2,992	8,906	-18,878	-12,428
Capital Expenditures	104,248	-11,504	-7,173	-2,784
Sale of Property, Plant & Equipment	20.9	4.55	0.1	0.5
Divestitures	-	-	2,050	-
Sale (Purchase) of Intangibles	-63.11	-397.33	-284.3	-3,480
Sale (Purchase) of Real Estate	-106,607	-106,607	-83.56	-
Investment in Securities	-3,999	10,540	37,581	-52,550
Other Investing Activities	175.48	493.15	1,716	1,719
Investing Cash Flow	-31,225	-121,771	19,979	-58,909
Short-Term Debt Issued	-	5,000	5,000	-
Long-Term Debt Issued	-	100,867	3,090	-
Total Debt Issued	22,867	105,867	8,090	-
Short-Term Debt Repaid	-	-	-3,000	-
Long-Term Debt Repaid	-	-138.18	-2,354	-652.26
Total Debt Repaid	-3,846	-138.18	-5,354	-652.26
Net Debt Issued (Repaid)	19,021	105,729	2,736	-652.26
Issuance of Common Stock	-	-	-	86,440
Repurchase of Common Stock	-	-	-45.75	-5,544
Other Financing Activities	-0	-0	-0	-2,190
Financing Cash Flow	19,021	105,729	2,690	78,054
Foreign Exchange Rate Adjustments	5.36	0.81	-16.73	-
Net Cash Flow	-9,206	-7,136	3,775	6,716
Free Cash Flow	107,240	-2,598	-26,051	-15,213
Free Cash Flow Margin	288.38%	-7.18%	-85.37%	-30.03%
Free Cash Flow Per Share	12495.15	-302.72	-3034.47	-1965.79
Cash Interest Paid	3,834	3,350	352.83	155.98
Cash Income Tax Paid	31.39	-264.45	50.16	1,071
Levered Free Cash Flow	76,175	-16,492	-37,034	-
Unlevered Free Cash Flow	78,384	-14,284	-36,819	-
Change in Working Capital	146.22	5,273	-18,258	-16,146

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