Cheil Grinding Wheel Ind. 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	13,633	5,994	10,902	2,187	6,084
Depreciation & Amortization	2,120	2,746	2,641	2,582	2,930
Loss (Gain) From Sale of Assets	-11,466	-188.15	211.43	-8.84	-41.58
Asset Writedown & Restructuring Costs	-	0.09	32.89	19.14	-209.32
Loss (Gain) From Sale of Investments	-614.89	213.8	-399.33	73.02	20.65
Loss (Gain) on Equity Investments	-59.96	-38.64	-97.89	-127.46	-320.91
Provision & Write-off of Bad Debts	-9.13	323.45	0.7	-148.49	27.48
Other Operating Activities	3,446	-338.73	1,209	-1,060	2,030
Change in Accounts Receivable	-1,050	2,625	-140	-845.74	1,505
Change in Inventory	1,898	-3,300	988.99	2,343	-5,670
Change in Accounts Payable	-1,700	674.6	1,735	-144.73	-513.51
Change in Unearned Revenue	-	-	-2,500	2,500	-
Change in Other Net Operating Assets	1,888	-1,912	-2,379	-2,879	-2,181
Operating Cash Flow	8,085	6,799	12,205	4,491	3,661
Operating Cash Flow Growth	18.91%	-44.29%	171.76%	22.66%	-64.74%
Capital Expenditures	-4,665	-810.74	-4,029	-2,609	-2,054
Sale of Property, Plant & Equipment	38.8	304.06	240.5	80.58	200.74
Divestitures	-	-	-	56.46	-
Sale (Purchase) of Intangibles	-387.14	-	-96.71	-0.97	-170.64
Investment in Securities	11,583	150.75	-2,059	-2,393	-2,542
Other Investing Activities	8,367	4,462	-20.18	48.35	64.3
Investing Cash Flow	14,897	4,106	-5,964	-4,817	-4,951
Short-Term Debt Repaid	-	-	-	-	-500
Long-Term Debt Repaid	-14.58	-28.22	-31.42	-10.47	-4.11
Total Debt Repaid	-14.58	-28.22	-31.42	-10.47	-504.11
Net Debt Issued (Repaid)	-14.58	-28.22	-31.42	-10.47	-504.11
Repurchase of Common Stock	-648.42	-1,437	-2,600	-1,559	-995.98
Dividends Paid	-2,147	-2,063	-1,943	-1,995	-1,650
Other Financing Activities	282.72	-	-0.55	31.37	7
Financing Cash Flow	-2,527	-3,529	-4,575	-3,533	-3,143
Foreign Exchange Rate Adjustments	50.86	900.13	-126.54	-236.46	74.8
Miscellaneous Cash Flow Adjustments	-	0	-0	-	0
Net Cash Flow	20,506	8,277	1,538	-4,095	-4,358
Free Cash Flow	3,420	5,988	8,176	1,882	1,608
Free Cash Flow Growth	-42.89%	-26.75%	334.34%	17.07%	-81.13%
Free Cash Flow Margin	4.33%	7.31%	9.59%	2.26%	2.02%
Free Cash Flow Per Share	512.28	880.20	1151.57	255.96	214.80
Cash Interest Paid	-	-	-	-	3.66
Cash Income Tax Paid	1,341	2,443	1,777	1,958	454.21
Levered Free Cash Flow	-957.74	8,505	1,953	5,829	-39.56
Unlevered Free Cash Flow	-957.18	8,506	1,954	5,830	-37.67
Change in Working Capital	1,036	-1,912	-2,294	973.96	-6,859

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