CJ Corporation 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	143,330	94,269	194,791	202,070	274,974
Depreciation & Amortization	3,519,899	3,736,084	3,059,786	3,207,858	2,447,554
Loss (Gain) From Sale of Assets	32,622	295,469	-265,183	45,412	-139,742
Asset Writedown & Restructuring Costs	992,025	398,294	299,132	214,762	236,302
Loss (Gain) From Sale of Investments	-48,471	18,245	25,836	-11,561	-25,404
Loss (Gain) on Equity Investments	-158,779	28,315	55,683	163,527	-109,576
Stock-Based Compensation	-48,044	-12,206	45,227	17,652	-
Provision & Write-off of Bad Debts	-1,076	24,407	12,681	22,571	23,780
Other Operating Activities	854,177	1,214,979	1,340,176	969,183	1,217,476
Change in Accounts Receivable	172,311	-397,391	123,529	-621,956	-476,355
Change in Inventory	7,156	386,436	276,513	-896,506	-406,494
Change in Accounts Payable	289,211	-449,313	-298,865	588,818	471,915
Change in Other Net Operating Assets	-766,982	-506,760	147,690	143,158	-161,240
Operating Cash Flow	4,987,380	4,830,829	5,016,997	4,044,986	3,353,191
Operating Cash Flow Growth	3.24%	-3.71%	24.03%	20.63%	10.56%
Capital Expenditures	-2,730,145	-1,347,186	-1,498,920	-1,921,321	-1,461,147
Sale of Property, Plant & Equipment	154,013	371,734	166,459	261,169	145,868
Cash Acquisitions	-21,545	-	-	-830,289	-344,424
Divestitures	25,265	200.47	390,021	10,891	647,677
Sale (Purchase) of Intangibles	-1,000,718	-1,302,035	-1,458,040	-1,514,061	-841,014
Investment in Securities	186,354	35,706	-46,076	-504,708	538,855
Other Investing Activities	64,068	53,368	81,231	-112,507	-309,306
Investing Cash Flow	-3,322,708	-2,188,213	-2,365,324	-4,610,826	-1,623,492
Short-Term Debt Issued	9,556,576	3,806,557	3,096,012	2,560,065	67,809
Long-Term Debt Issued	3,883,927	2,916,766	3,223,738	3,829,156	2,753,482
Total Debt Issued	13,440,504	6,723,323	6,319,751	6,389,222	2,821,291
Short-Term Debt Repaid	-10,575,511	-4,336,987	-5,756,773	-1,232,440	-936,818
Long-Term Debt Repaid	-3,670,454	-3,472,705	-2,395,873	-3,346,099	-2,135,376
Total Debt Repaid	-14,245,966	-7,809,692	-8,152,646	-4,578,539	-3,072,194
Net Debt Issued (Repaid)	-805,462	-1,086,369	-1,832,896	1,810,683	-250,903
Common Dividends Paid	-286,489	-264,260	-315,742	-344,636	-256,840
Other Financing Activities	-1,025,345	-1,866,423	-824,903	-86,802	-722,454
Financing Cash Flow	-2,117,296	-3,217,052	-2,973,541	1,379,245	-1,230,196
Foreign Exchange Rate Adjustments	-37,987	79,085	-17,609	14,006	91,262
Miscellaneous Cash Flow Adjustments	-107,849	147.23	-35,324	-	-
Net Cash Flow	-598,459	-495,204	-374,801	827,411	590,765
Free Cash Flow	2,257,235	3,483,643	3,518,077	2,123,665	1,892,043
Free Cash Flow Growth	-35.20%	-0.98%	65.66%	12.24%	5.39%
Free Cash Flow Margin	5.01%	7.98%	8.51%	5.19%	5.49%
Free Cash Flow Per Share	67317.99	103893.39	104920.32	63334.50	56426.79
Cash Interest Paid	914,387	915,973	800,888	594,354	465,638
Cash Income Tax Paid	560,825	420,403	461,317	539,887	543,110
Levered Free Cash Flow	2,669,249	986,813	1,667,482	177,207	289,166
Unlevered Free Cash Flow	3,256,696	1,588,684	2,235,340	599,443	614,600
Change in Working Capital	-298,304	-967,028	248,867	-786,487	-572,173

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.