Hanwha 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	1,243,530	772,976	380,490	1,174,434	973,499	196,673
Depreciation & Amortization	2,086,177	1,602,090	1,553,633	1,357,104	1,244,278	1,266,061
Loss (Gain) From Sale of Investments	920,020	1,660,741	-2,033,293	3,151,583	138,004	-1,359,611
Loss (Gain) on Equity Investments	-489,381	-22,754	-49,476	76,020	-276,308	-190,446
Provision & Write-off of Bad Debts	158,764	364,647	186,135	43,684	46,034	183,133
Other Operating Activities	4,360,317	2,923,599	6,136,399	595,894	6,662,768	8,833,115
Change in Accounts Receivable	-1,029,963	-1,277,140	-304,041	-1,843,934	15,743	176,070
Change in Inventory	-1,985,734	-1,724,916	-1,053,862	-669,864	-960,822	-151,138
Change in Accounts Payable	903,916	-105,920	64,446	-474,092	673,713	-218,470
Change in Other Net Operating Assets	3,431,139	2,687,630	-1,087,046	-1,004,543	-1,288,788	-5,292,454
Operating Cash Flow	9,598,785	6,880,953	3,793,385	2,406,286	7,228,121	3,442,933
Operating Cash Flow Growth	108.38%	81.39%	57.65%	-66.71%	109.94%	36.74%
Capital Expenditures	-6,206,652	-5,680,958	-4,290,004	-1,774,159	-1,226,695	-1,251,002
Sale of Property, Plant & Equipment	398,311	389,634	359,555	396,649	211,639	191,344
Cash Acquisitions	-1,162,469	-673,850	-405,378	-88,747	-1,182,767	-125,286
Divestitures	1,105,920	1,072,109	157,181	440,147	9	119,176
Sale (Purchase) of Intangibles	-402,617	-271,629	-275,580	-250,968	-276,929	-229,505
Investment in Securities	-10,240,458	-9,590,657	-2,660,934	-2,790,005	-6,793,072	-1,230,893
Other Investing Activities	709,753	706,144	446,925	454,557	919,571	639,660
Investing Cash Flow	-15,798,212	-14,049,207	-6,668,235	-3,612,526	-8,348,244	-1,886,506
Long-Term Debt Issued	-	29,520,791	15,923,782	15,424,303	12,712,176	12,028,957
Long-Term Debt Repaid	-	-22,307,669	-12,061,939	-12,789,811	-11,362,359	-12,041,016
Net Debt Issued (Repaid)	6,112,609	7,213,122	3,861,843	2,634,492	1,349,817	-12,059
Repurchase of Common Stock	-38	-183,892	-	-9,114	-6,685	-3,283
Common Dividends Paid	-72,164	-73,731	-73,731	-69,877	-65,443	-65,569
Other Financing Activities	3,716,666	223,365	-1,989,549	636,540	1,206,221	-467,790
Financing Cash Flow	9,757,073	7,178,864	1,798,563	3,192,041	2,483,910	-548,701
Foreign Exchange Rate Adjustments	-24,032	304,983	8,831	8,334	-953	-49,563
Miscellaneous Cash Flow Adjustments	1,412	-	-	-	-	-
Net Cash Flow	3,535,026	315,593	-1,067,456	1,994,135	1,362,834	958,163
Free Cash Flow	3,392,133	1,199,995	-496,619	632,127	6,001,426	2,191,931
Free Cash Flow Growth	-	-	-	-89.47%	173.80%	182.55%
Free Cash Flow Margin	4.73%	2.16%	-0.94%	1.24%	11.36%	4.30%
Free Cash Flow Per Share	61024.76	16381.39	-6582.83	9004.90	86238.87	31496.79
Cash Interest Paid	1,960,206	1,502,760	1,177,896	639,070	425,075	508,907
Cash Income Tax Paid	964,009	344,062	1,028,563	709,826	607,808	292,918
Levered Free Cash Flow	1,434,622	-8,340,392	348,909	-271,702	1,423,258	784,807
Unlevered Free Cash Flow	2,175,977	-7,599,037	914,722	71,089	1,669,839	1,073,212
Change in Working Capital	1,319,358	-420,346	-2,380,503	-3,992,433	-1,560,154	-5,485,992

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.