HANPASS 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	6,605	4,403	-9,075
Depreciation & Amortization	2,149	1,588	1,302
Loss (Gain) From Sale of Assets	21.04	0.21	0.35
Loss (Gain) From Sale of Investments	-3,554	-1,142	-24.62
Provision & Write-off of Bad Debts	-320.04	-	267.62
Other Operating Activities	4,099	772.44	11,286
Change in Accounts Receivable	2,250	7,500	-10,289
Change in Other Net Operating Assets	-7,853	-18,601	9,960
Operating Cash Flow	3,397	-5,480	3,427
Capital Expenditures	-2,305	-952.64	-852.12
Sale of Property, Plant & Equipment	37.78	0.16	14.27
Cash Acquisitions	-	-530.04	-
Sale (Purchase) of Intangibles	-190.63	-496.72	-153.79
Investment in Securities	-1,558	-5,734	-638.09
Other Investing Activities	-71.59	-163.97	-91.49
Investing Cash Flow	-4,104	-8,271	-1,689
Short-Term Debt Issued	466,606	172,658	6,040
Long-Term Debt Issued	25,059	13,318	-
Total Debt Issued	491,665	185,976	6,040
Short-Term Debt Repaid	-460,807	-163,550	-5,040
Long-Term Debt Repaid	-6,442	-1,728	-412.43
Total Debt Repaid	-467,249	-165,278	-5,452
Net Debt Issued (Repaid)	24,415	20,698	587.57
Other Financing Activities	-0	0	-
Financing Cash Flow	24,415	20,698	587.57
Foreign Exchange Rate Adjustments	-31.92	7.31	-
Miscellaneous Cash Flow Adjustments	-	-	-0
Net Cash Flow	23,677	6,955	2,326
Free Cash Flow	1,092	-6,432	2,575
Free Cash Flow Margin	1.64%	-11.63%	8.88%
Free Cash Flow Per Share	147.58	-749.51	512.94
Cash Interest Paid	1,249	1,878	325.46
Cash Income Tax Paid	57.19	18.82	5.03
Levered Free Cash Flow	-17,979	19,733	-
Unlevered Free Cash Flow	-15,708	21,964	-
Change in Working Capital	-5,603	-11,102	-329.31

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