Ecopro Hn. 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	13,221	21,548	33,546	32,363	17,229
Depreciation & Amortization	6,194	6,230	6,198	5,806	5,112
Loss (Gain) From Sale of Assets	-1.9	54.48	5.51	93.8	72.73
Loss (Gain) From Sale of Investments	584.1	-77.93	-26.39	-35.15	-
Stock-Based Compensation	570.02	1,142	1,405	298.74	-
Provision & Write-off of Bad Debts	-488.28	-	-0.12	10.09	-7.62
Other Operating Activities	-967.98	2,991	990.65	8,414	4,247
Change in Accounts Receivable	16,513	8,919	-9,525	4,321	-33,077
Change in Inventory	-12,175	7,859	380.4	1,386	283.4
Change in Accounts Payable	-13,306	21,032	-3,696	3,402	-1,680
Change in Other Net Operating Assets	-15,013	-11,455	-23,838	-43,219	14,378
Operating Cash Flow	-4,869	58,242	5,440	12,841	6,558
Operating Cash Flow Growth	-	970.59%	-57.63%	95.80%	-
Capital Expenditures	-35,446	-79,940	-19,851	-18,706	-5,495
Sale of Property, Plant & Equipment	44.91	0.16	114.86	78.98	5.75
Cash Acquisitions	-718.8	-	-	-59.78	-
Sale (Purchase) of Intangibles	-	-	-	-	-167.81
Investment in Securities	92,803	-102,182	-	17,500	-26,250
Other Investing Activities	7,225	1,028	1,161	967.16	792.96
Investing Cash Flow	63,908	-181,094	-18,575	-219.59	-31,114
Short-Term Debt Issued	36,000	55,000	32,046	-	-
Long-Term Debt Issued	28,500	29,000	25,000	-	-
Total Debt Issued	64,500	84,000	57,046	-	-
Short-Term Debt Repaid	-33,000	-42,046	-19,500	-	-
Long-Term Debt Repaid	-35,287	-435.09	-484.87	-355.8	-
Total Debt Repaid	-68,287	-42,481	-19,985	-355.8	-3,244
Net Debt Issued (Repaid)	-3,787	41,519	37,061	-355.8	-3,244
Issuance of Common Stock	-	174,045	-	-	6,409
Repurchase of Common Stock	-	-	-	-3,949	-5,766
Dividends Paid	-6,280	-9,145	-9,141	-5,051	-
Other Financing Activities	-1,182	-513.17	-1,836	-909.41	-763.96
Financing Cash Flow	-11,250	205,905	26,084	-10,265	-3,364
Foreign Exchange Rate Adjustments	-10.92	56.88	-1.32	-260.38	-2.34
Net Cash Flow	47,779	83,110	12,948	2,096	-27,922
Free Cash Flow	-40,315	-21,698	-14,411	-5,865	1,063
Free Cash Flow Margin	-28.58%	-9.25%	-6.30%	-2.69%	0.78%
Free Cash Flow Per Share	-1924.11	-1396.62	-945.61	-383.51	69.56
Cash Interest Paid	1,757	917.89	1,952	992.48	588.44
Cash Income Tax Paid	3,592	4,193	10,833	3,211	1,805
Levered Free Cash Flow	-37,031	-35,461	-19,474	-14,053	-
Unlevered Free Cash Flow	-35,948	-34,814	-18,257	-13,389	-
Change in Working Capital	-23,980	26,354	-36,678	-34,110	-20,096

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