AMOREPACIFIC Holdings 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	114,752	252,033	119,302	62,237	179,995	10,381
Depreciation & Amortization	282,753	267,521	259,187	322,705	414,560	534,160
Loss (Gain) From Sale of Assets	-20,420	-4,583	-20,081	-10,170	-94,527	7,057
Asset Writedown & Restructuring Costs	96,211	96,180	34,161	4,886	62,096	64,360
Loss (Gain) From Sale of Investments	-30,888	-40,754	-48,529	8,967	-8,986	-11,243
Loss (Gain) on Equity Investments	45,026	-391,494	-34,603	-7,526	-5,660	-1,376
Stock-Based Compensation	6,066	-	-	-	16,984	-
Other Operating Activities	149,834	373,524	122,297	188,668	299,456	-325.22
Change in Accounts Receivable	3,810	-56,176	-20,623	-3,718	-15,318	73,796
Change in Inventory	8,897	-48,635	-31,829	47,475	-123,011	928
Change in Accounts Payable	2,234	-17,952	7,029	-46,801	22,055	-23,500
Change in Other Net Operating Assets	-77,974	-44,242	4,070	-383,272	14,949	11,802
Operating Cash Flow	580,301	385,422	390,381	183,450	762,593	666,040
Operating Cash Flow Growth	67.50%	-1.27%	112.80%	-75.94%	14.50%	-19.78%
Capital Expenditures	-83,821	-88,140	-188,325	-120,227	-99,392	-194,996
Sale of Property, Plant & Equipment	643.16	3,005	26,574	7,142	7,137	24,852
Cash Acquisitions	0	-494,045	-	-175,585	-	-
Divestitures	-	-	-	15,235	11,635	-
Sale (Purchase) of Intangibles	-5,522	-25,007	-43,186	-38,708	-30,846	-33,424
Investment in Securities	-266,445	238,970	-103,499	140,558	-909,804	-293,883
Other Investing Activities	8,886	12,348	48,119	41,446	212,058	67,305
Investing Cash Flow	-346,259	-352,869	-260,317	-130,139	-809,212	-430,147
Short-Term Debt Issued	-	66,985	70,823	52,870	45,070	131,605
Total Debt Issued	351.23	66,985	70,823	52,870	45,070	131,605
Short-Term Debt Repaid	-	-45,992	-34,799	-65,490	-53,866	-61,328
Long-Term Debt Repaid	-	-64,643	-70,366	-135,580	-176,295	-250,381
Total Debt Repaid	-145,343	-110,635	-105,165	-201,070	-230,162	-311,710
Net Debt Issued (Repaid)	-144,991	-43,650	-34,341	-148,201	-185,091	-180,104
Issuance of Common Stock	1,945	-	-	-	-	-
Common Dividends Paid	-97,997	-67,144	-53,805	-105,256	-60,922	-78,333
Other Financing Activities	-19,184	-8,024	-56,281	-3,724	-16,094	-178,422
Financing Cash Flow	-260,228	-118,819	-144,428	-257,180	-262,108	-436,859
Foreign Exchange Rate Adjustments	19,039	21,669	-6,705	-16,660	-11,604	-13,450
Miscellaneous Cash Flow Adjustments	-	0	-	0	-0	-12,098
Net Cash Flow	-7,147	-64,597	-21,068	-220,529	-320,331	-226,515
Free Cash Flow	496,480	297,282	202,056	63,223	663,200	471,043
Free Cash Flow Growth	118.38%	47.13%	219.59%	-90.47%	40.79%	-14.87%
Free Cash Flow Margin	10.92%	6.98%	5.03%	1.41%	12.45%	9.55%
Free Cash Flow Per Share	5975.54	3597.00	2445.05	765.10	8024.38	5700.59
Cash Interest Paid	19,297	18,601	15,652	15,949	15,367	24,563
Cash Income Tax Paid	113,170	99,402	64,573	153,236	24,899	125,442
Levered Free Cash Flow	480,676	415,301	5,265	41,453	627,691	454,781
Unlevered Free Cash Flow	498,868	433,492	15,675	50,573	636,643	469,101
Change in Working Capital	-63,033	-167,005	-41,353	-386,316	-101,325	63,026

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