Tae Sung System Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	2,224	3,272
Depreciation & Amortization	684.19	511.94
Loss (Gain) From Sale of Assets	0.36	-526.92
Loss (Gain) From Sale of Investments	-24.68	-0.48
Provision & Write-off of Bad Debts	220.28	68.32
Other Operating Activities	1,174	-192.41
Change in Accounts Receivable	-7,542	252.76
Change in Inventory	563.89	-8,012
Change in Accounts Payable	-1,400	3,606
Change in Other Net Operating Assets	5,992	8,189
Operating Cash Flow	1,892	7,169
Operating Cash Flow Growth	-73.61%	-
Capital Expenditures	-5,289	-688.71
Sale of Property, Plant & Equipment	0.77	1,590
Cash Acquisitions	-	-5,328
Sale (Purchase) of Intangibles	-11.77	-14.56
Investment in Securities	-900.14	190
Other Investing Activities	57.23	18.95
Investing Cash Flow	-6,143	-4,233
Short-Term Debt Issued	8,000	5,000
Long-Term Debt Issued	4,310	300
Total Debt Issued	12,310	5,300
Short-Term Debt Repaid	-3,000	-307.4
Long-Term Debt Repaid	-178.89	-1,026
Total Debt Repaid	-3,179	-1,334
Net Debt Issued (Repaid)	9,131	3,966
Dividends Paid	-1,237	-1,746
Other Financing Activities	-661.64	-331.31
Financing Cash Flow	7,232	1,889
Foreign Exchange Rate Adjustments	2.47	23.16
Net Cash Flow	2,983	4,848
Free Cash Flow	-3,397	6,480
Free Cash Flow Margin	-10.23%	24.49%
Free Cash Flow Per Share	-32836.78	70340.40
Cash Interest Paid	663.64	301.31
Cash Income Tax Paid	214.59	2,051
Levered Free Cash Flow	2,610	-
Unlevered Free Cash Flow	3,041	-
Change in Working Capital	-2,386	4,036

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