SANDS LAB Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Net Income	356.41	-549.64	-2,301
Depreciation & Amortization	1,176	1,138	791.1
Loss (Gain) From Sale of Assets	-	-2.89	-2.56
Loss (Gain) From Sale of Investments	-1,324	-783.03	390.6
Stock-Based Compensation	-	-	35.02
Provision & Write-off of Bad Debts	-0.49	-0.37	-50.47
Other Operating Activities	521.11	563.81	-465
Change in Accounts Receivable	11.82	-1,122	5,415
Change in Accounts Payable	-310.87	-735.82	-3,294
Change in Other Net Operating Assets	-994.86	1,817	-730.6
Operating Cash Flow	-564.37	324.93	-211.69
Capital Expenditures	-257.93	-594.83	-5,603
Sale of Property, Plant & Equipment	-0	7.27	18.18
Cash Acquisitions	219.11	-1,626	-
Sale (Purchase) of Intangibles	-536.25	-536.25	-1.09
Investment in Securities	2,153	-691.28	-6,072
Other Investing Activities	-195.37	300.52	-349.66
Investing Cash Flow	414.3	-4,146	-9,146
Long-Term Debt Repaid	-	-16.45	-30.62
Net Debt Issued (Repaid)	-12.93	-16.45	-30.62
Issuance of Common Stock	76	6,656	9,286
Other Financing Activities	-0	-0	-0
Financing Cash Flow	-2,227	6,640	9,255
Net Cash Flow	-2,377	2,819	-102.69
Free Cash Flow	-822.3	-269.9	-5,815
Free Cash Flow Margin	-6.46%	-2.32%	-70.08%
Free Cash Flow Per Share	-53.78	-17.79	-409.47
Cash Interest Paid	0.27	0.35	9.34
Cash Income Tax Paid	-	-36.68	-28.29
Levered Free Cash Flow	-2,738	-1,473	-
Unlevered Free Cash Flow	-2,738	-1,472	-
Change in Working Capital	-1,294	-40.52	1,390