John Keells Holdings 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	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	93,701	90,945	58,022	57,990	11,153	60,271
Depreciation & Amortization	95,376	95,376	89,234	74,171	70,733	59,374
Loss (Gain) From Sale of Assets	1,533	1,533	677.5	-181.14	1,760	-2,874
Asset Writedown & Restructuring Costs	29,830	29,830	11,692	2,300	-	-
Loss (Gain) From Sale of Investments	2,691	2,691	1,739	121.87	4,889	-3,489
Loss (Gain) on Equity Investments	-19,933	-19,933	-34,755	-9,410	166.64	-9,148
Provision & Write-off of Bad Debts	4,968	4,968	95.32	200.81	122.1	-205.59
Other Operating Activities	62,663	49,871	37,516	34,486	22,582	27,616
Change in Accounts Receivable	-27,227	-27,227	-11,632	4,866	-17,693	-2,674
Change in Inventory	-5,725	-5,725	-65,345	-20,839	-28,660	22,237
Change in Accounts Payable	20,674	20,674	-1,525	7,915	9,914	-7,751
Change in Unearned Revenue	-1,078	-1,078	2,663	4,730	2,642	5,743
Change in Income Taxes	-0.21	-0.21	-	-	-	-
Change in Other Net Operating Assets	-14,532	-14,532	-5,386	2,348	-1,734	-18,013
Operating Cash Flow	242,940	227,392	82,995	158,698	75,874	131,087
Operating Cash Flow Growth	133.03%	173.98%	-47.70%	109.16%	-42.12%	55.00%
Capital Expenditures	-43,724	-49,294	-51,434	-150,114	-56,530	-70,063
Sale of Property, Plant & Equipment	697.37	448.46	494.98	7,794	5,502	550.51
Cash Acquisitions	-	-	-	-	-	-38,855
Divestitures	-	-	-	-	-	4,350
Sale (Purchase) of Intangibles	-3,593	-4,344	-25,898	-9,009	-22,070	-7,254
Investment in Securities	-22,841	-21,151	24,654	-20,597	28,784	-34,472
Other Investing Activities	4,283	4,474	7,005	10,567	1,281	8,625
Investing Cash Flow	-65,177	-69,868	-45,179	-161,360	-42,465	-136,612
Short-Term Debt Issued	-	249,708	180,382	268,100	152,514	116,788
Long-Term Debt Issued	-	99,000	138,437	132,105	102,603	113,600
Total Debt Issued	377,604	348,708	318,819	400,205	255,117	230,388
Short-Term Debt Repaid	-	-416,872	-277,957	-312,299	-111,388	-112,000
Long-Term Debt Repaid	-	-46,378	-41,567	-34,878	-159,998	-106,901
Total Debt Repaid	-493,315	-463,250	-319,524	-347,177	-271,386	-218,901
Net Debt Issued (Repaid)	-115,711	-114,542	-704.48	53,027	-16,269	11,487
Issuance of Common Stock	10,696	-	-	-	11.14	22,289
Repurchase of Common Stock	-250.59	-250.59	-	-	-	-
Dividends Paid	-10,756	-10,756	-11,876	-12,501	-9,376	-9,181
Other Financing Activities	-24,767	-26,417	-27,868	-13,133	-12,368	-8,562
Financing Cash Flow	-140,789	-151,965	-40,449	27,393	-38,002	16,033
Foreign Exchange Rate Adjustments	45.99	-385.76	165.23	-2.38	88.2	354.84
Net Cash Flow	37,020	5,173	-2,467	24,729	-4,505	10,863
Free Cash Flow	199,216	178,097	31,561	8,584	19,344	61,025
Free Cash Flow Growth	252.66%	464.30%	267.69%	-55.63%	-68.30%	86.95%
Free Cash Flow Margin	13.72%	12.46%	2.37%	0.76%	1.91%	6.92%
Free Cash Flow Per Share	29983.38	26864.61	4759.32	1294.39	2917.05	9307.44
Cash Interest Paid	24,691	26,341	28,263	22,694	12,349	7,462
Cash Income Tax Paid	-	-29,469	28,426	12,655	21,194	127.97
Levered Free Cash Flow	131,941	101,195	-40,119	-19,303	-12,804	30,105
Unlevered Free Cash Flow	149,849	119,103	-21,811	-5,087	-3,520	37,295
Change in Working Capital	-27,889	-27,889	-81,225	-979.48	-35,532	-456.75