Yuhan Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	68,133	70,687	136,198	95,144	102,583	192,761
Depreciation & Amortization	68,503	63,041	44,410	43,019	52,671	59,785
Loss (Gain) From Sale of Assets	1,296	-5,657	-131.94	-179.8	623.58	-132,197
Asset Writedown & Restructuring Costs	30,406	35,060	1,261	5,056	5,147	-
Loss (Gain) From Sale of Investments	5,566	1,671	54.48	-2,052	6,643	2,221
Loss (Gain) on Equity Investments	-30,474	-35,464	-81,366	-42,379	-75,855	-61,115
Stock-Based Compensation	959.51	1,313	339.47	464.45	689.45	-
Provision & Write-off of Bad Debts	544.52	-144.61	1,329	2,082	-1,415	1,191
Other Operating Activities	72,767	48,457	50,432	108,425	68,863	122,160
Change in Accounts Receivable	14,606	-48,196	-63,424	-37,344	-16,918	-61,166
Change in Inventory	-50,500	-58,641	-5,397	-381.58	-26,106	-69,266
Change in Accounts Payable	29,254	-4,363	44,512	-7,808	20,557	11,774
Change in Other Net Operating Assets	-58,996	-13,163	15,912	-64,518	-38,481	-37,318
Operating Cash Flow	152,065	54,602	144,128	99,529	99,000	28,830
Operating Cash Flow Growth	154.59%	-62.12%	44.81%	0.53%	243.39%	-56.31%
Capital Expenditures	-102,607	-117,079	-161,480	-65,802	-46,151	-51,453
Sale of Property, Plant & Equipment	-124.58	4,300	180.69	23.91	178.38	371.86
Divestitures	-60.32	2,719	12,557	1,936	-	-
Sale (Purchase) of Intangibles	-26,042	-16,837	-42,423	-36,083	-35,124	-33,231
Investment in Securities	25,935	20,020	-53,719	128,899	-145,948	-43,499
Other Investing Activities	24,622	-10,489	45,738	-13,490	59,802	185,703
Investing Cash Flow	-78,257	-117,369	-199,229	15,621	-167,143	57,595
Short-Term Debt Issued	-	72,311	59,500	-	27,000	33,500
Long-Term Debt Issued	-	57,400	58,200	-	1,900	4,400
Total Debt Issued	132,727	129,711	117,700	-	28,900	37,900
Short-Term Debt Repaid	-	-32,536	-2,120	-5,000	-6,500	-
Long-Term Debt Repaid	-	-8,905	-29,673	-25,044	-23,783	-8,577
Total Debt Repaid	-60,378	-41,440	-31,793	-30,044	-30,283	-8,577
Net Debt Issued (Repaid)	72,349	88,271	85,907	-30,044	-1,383	29,323
Issuance of Common Stock	32,906	-	-	-	-	-
Repurchase of Common Stock	-20,352	-2,512	-7,457	-16,459	-16,418	-3,124
Common Dividends Paid	-37,481	-32,145	-27,269	-26,080	-24,941	-23,781
Other Financing Activities	841.01	12,223	12,065	7,040	6,208	9,270
Financing Cash Flow	48,263	65,836	63,247	-65,542	-36,533	11,688
Foreign Exchange Rate Adjustments	4,926	4,149	-1,924	-10,160	4,773	-18,838
Net Cash Flow	126,997	7,218	6,222	39,449	-99,903	79,275
Free Cash Flow	49,458	-62,477	-17,352	33,727	52,849	-22,623
Free Cash Flow Growth	-	-	-	-36.18%	-	-
Free Cash Flow Margin	2.31%	-3.02%	-0.93%	1.90%	3.13%	-1.40%
Free Cash Flow Per Share	630.25	-793.97	-220.40	427.75	699.13	-298.78
Cash Interest Paid	11,543	12,117	4,296	3,112	2,707	2,477
Cash Income Tax Paid	16,185	27,272	32,895	66,219	39,155	27,956
Levered Free Cash Flow	-30,055	-131,621	-132,067	-85,726	-13,343	-78,256
Unlevered Free Cash Flow	-21,299	-122,415	-128,129	-83,558	-11,503	-76,561
Change in Working Capital	-65,636	-124,363	-8,398	-110,052	-60,947	-155,975

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