Hyundai Motor Securities 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	57,735	36,150	53,511	87,102	117,750
Depreciation & Amortization, Total	24,480	19,793	16,491	13,365	9,274
Gain (Loss) On Sale of Investments	-10,686	11,321	32,626	-27,976	4,109
Change in Other Net Operating Assets	-340,551	130,972	-572,692	1,027,120	-642,454
Other Operating Activities	-200,290	-269,418	-366,451	-176,180	-48,335
Operating Cash Flow	-153,613	94,097	-1,615,453	267,799	458,515
Capital Expenditures	-7,375	-17,198	-12,414	-22,017	-8,760
Sale (Purchase) of Intangibles	-49,259	401	-438	-1,567	44
Investment in Securities	-228,034	-102,344	-143,239	222,532	-158,764
Other Investing Activities	49	-1,005	-596	-399	-1,494
Investing Cash Flow	-284,576	-120,130	-156,518	204,465	-184,660
Short-Term Debt Issued	80,000	-	50,000	50,000	-
Long-Term Debt Issued	386,143	386,911	1,684,449	428,841	696,384
Total Debt Issued	466,143	386,911	1,734,449	478,841	696,384
Short-Term Debt Repaid	-	-20,000	-	-	-10,000
Long-Term Debt Repaid	-193,300	-396,290	-16,323	-491,067	-943,545
Total Debt Repaid	-193,300	-416,290	-16,323	-491,067	-953,545
Net Debt Issued (Repaid)	272,843	-29,379	1,718,126	-12,226	-257,161
Issuance of Common Stock	160,079	-	-	-	-
Repurchase of Common Stock	-77,470	-	-	-	-
Dividends Paid	-14,074	-15,629	-20,385	-28,315	-23,740
Other Financing Activities	-11,043	-7,580	-7,391	-6,499	-4,975
Financing Cash Flow	330,335	-52,588	1,690,350	-47,040	-285,876
Foreign Exchange Rate Adjustments	-436	1,449	463	900	678
Net Cash Flow	-108,290	-77,172	-81,158	426,124	-11,343
Free Cash Flow	-160,988	76,899	-1,627,867	245,782	449,755
Free Cash Flow Growth	-	-	-	-45.35%	-
Free Cash Flow Margin	-10.43%	5.25%	-140.58%	25.50%	59.40%
Free Cash Flow Per Share	-2749.36	1984.70	-42003.74	6341.90	11605.00
Cash Interest Paid	219,262	275,740	342,465	160,085	68,410
Cash Income Tax Paid	8,220	13,367	35,515	51,216	42,380

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