Nexen Tire 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	150,832	126,365	102,792	-27,769	4,818
Depreciation & Amortization	298,714	235,278	196,398	196,444	184,743
Other Operating Activities	-21,601	70,517	125,078	22,365	47,412
Change in Accounts Receivable	-56,826	-10,561	-71,034	-4,698	-42,674
Change in Inventory	7,185	-233,204	2,079	-149,585	-141,031
Change in Accounts Payable	-85,051	-17,267	-79,704	9,185	85,774
Change in Other Net Operating Assets	58,113	88,205	-33,749	-145,350	126,116
Operating Cash Flow	351,365	259,332	241,860	-99,407	265,158
Operating Cash Flow Growth	35.49%	7.22%	-	-	48.06%
Capital Expenditures	-222,681	-205,158	-323,422	-272,203	-115,218
Sale of Property, Plant & Equipment	1,582	2,414	2,361	6,497	3,375
Divestitures	17,625	-	-	-	-
Sale (Purchase) of Intangibles	-2.23	-47.57	-19.56	0.32	-784.43
Investment in Securities	44,981	25,939	-4,284	98,125	17,842
Other Investing Activities	2,367	1,294	1,452	-67,140	-35,725
Investing Cash Flow	-156,129	-175,559	-323,913	-234,721	-130,510
Long-Term Debt Issued	2,162,845	1,227,020	878,627	830,337	568,525
Long-Term Debt Repaid	-2,315,482	-1,405,404	-816,634	-557,753	-638,720
Net Debt Issued (Repaid)	-152,637	-178,384	61,993	272,584	-70,194
Common Dividends Paid	-13,379	-11,839	-10,299	-10,812	-10,812
Other Financing Activities	-0	-0	311.13	3,068	450.95
Financing Cash Flow	-166,016	-190,223	52,005	264,840	-80,556
Foreign Exchange Rate Adjustments	-6,947	6,180	9,314	5,327	8,141
Net Cash Flow	22,274	-100,270	-20,734	-63,961	62,233
Free Cash Flow	128,684	54,174	-81,562	-371,610	149,940
Free Cash Flow Growth	137.54%	-	-	-	143.16%
Free Cash Flow Margin	4.03%	1.90%	-3.02%	-14.31%	7.21%
Free Cash Flow Per Share	1253.45	527.68	-794.46	-3619.69	1460.50
Cash Interest Paid	77,488	92,685	57,225	27,006	19,629
Cash Income Tax Paid	90,131	22,776	19,926	1,126	13,034
Levered Free Cash Flow	72,709	-43,904	-153,848	-397,078	84,415
Unlevered Free Cash Flow	122,605	15,568	-116,087	-379,489	96,399
Change in Working Capital	-76,579	-172,828	-182,407	-290,447	28,184

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