Global SM Tech 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	6,183	534.32	2,156	6,024	909.28
Depreciation & Amortization	7,756	7,955	6,650	6,200	6,802
Loss (Gain) From Sale of Assets	33.35	57.67	113.58	367.78	673.74
Asset Writedown & Restructuring Costs	-	-	-	-	524.55
Provision & Write-off of Bad Debts	-113.16	-2.01	-64.77	-161.84	165.1
Other Operating Activities	2,695	2,343	639.74	1,293	3,831
Change in Accounts Receivable	-3,515	-821.56	3,213	-2,009	3,503
Change in Inventory	182.55	2,749	3,519	-1,966	-2,954
Change in Accounts Payable	-581.1	-1,207	-2,195	1,421	-3,503
Change in Other Net Operating Assets	-3,138	-682.92	656.25	610.01	-287.47
Operating Cash Flow	9,503	10,926	14,686	11,779	9,664
Operating Cash Flow Growth	-13.02%	-25.60%	24.69%	21.88%	-12.35%
Capital Expenditures	-6,099	-7,150	-4,766	-5,449	-4,968
Sale of Property, Plant & Equipment	155.86	2,260	-	-	-
Investment in Securities	-240.03	-104.54	-3,199	-852.24	-3,629
Other Investing Activities	543.76	1,009	486.09	545.35	3,145
Investing Cash Flow	-5,115	-3,184	-7,479	-5,756	-5,452
Long-Term Debt Issued	2,192	-	-	-	-
Long-Term Debt Repaid	-6,991	-3,234	-4,841	-3,886	-4,185
Net Debt Issued (Repaid)	-4,799	-3,234	-4,841	-3,886	-4,185
Dividends Paid	-513.93	-544.17	-747.09	-720.18	-
Other Financing Activities	-397.56	-401.05	-561.38	-88.4	-916.24
Financing Cash Flow	-5,710	-4,179	-6,150	-4,695	-5,101
Foreign Exchange Rate Adjustments	105.87	-476.7	466.23	1,418	-899.67
Miscellaneous Cash Flow Adjustments	-	-0	-	-	-
Net Cash Flow	-1,216	3,086	1,524	2,746	-1,789
Free Cash Flow	3,405	3,776	9,920	6,330	4,696
Free Cash Flow Growth	-9.84%	-61.93%	56.71%	34.80%	-45.70%
Free Cash Flow Margin	2.63%	3.06%	8.94%	5.10%	3.96%
Free Cash Flow Per Share	125.54	197.89	377.48	240.88	178.69
Cash Interest Paid	397.56	401.05	561.38	88.4	204.58
Cash Income Tax Paid	577.05	1,745	812.04	1,129	1,992
Levered Free Cash Flow	-857.6	-212.88	1,954	4,849	-2,004
Unlevered Free Cash Flow	-581.79	84.6	2,321	5,058	-1,737
Change in Working Capital	-7,051	37.7	5,192	-1,944	-3,242

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