Hankook Shell Oil 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	40,729	36,655	37,379	26,721	29,046	21,011
Depreciation & Amortization	2,905	2,716	2,408	3,096	3,815	4,179
Loss (Gain) From Sale of Assets	65.64	-69.9	-15.73	-306.42	286.4	14.73
Stock-Based Compensation	82.13	82.13	62.25	163.59	83.72	33.62
Provision & Write-off of Bad Debts	-	-	-	-15.93	38.61	-
Other Operating Activities	5,589	1,847	1,722	-664.48	2,162	6,236
Change in Accounts Receivable	-3,684	-3,023	-200.14	-6,517	-3,759	1,695
Change in Inventory	-2,910	-3,396	3,036	-10,858	-10,014	4,685
Change in Accounts Payable	3,243	3,001	483.21	-2,130	6,303	456.62
Change in Other Net Operating Assets	-4,357	-4,166	-1,587	5,904	-3,322	4,189
Operating Cash Flow	41,663	33,647	43,288	15,394	24,638	42,498
Operating Cash Flow Growth	-0.90%	-22.27%	181.21%	-37.52%	-42.03%	64.66%
Capital Expenditures	-6,600	-5,976	-3,222	-2,593	-1,852	-3,913
Sale of Property, Plant & Equipment	27.91	69.91	23.36	20.68	38.94	26.97
Sale (Purchase) of Intangibles	6	-	-	472.73	-168	-229.88
Investment in Securities	10,000	-5,000	5,000	12,000	-1,999	-15,000
Other Investing Activities	268.57	2.6	303.02	-313.28	265.14	579.9
Investing Cash Flow	3,703	-10,904	2,105	9,587	-3,715	-18,536
Long-Term Debt Repaid	-	-594.88	-250.99	-248.81	-231.1	-443.99
Net Debt Issued (Repaid)	-624.63	-594.88	-250.99	-248.81	-231.1	-443.99
Dividends Paid	-35,100	-35,100	-23,400	-24,700	-18,200	-20,800
Financing Cash Flow	-35,725	-35,695	-23,651	-24,949	-18,431	-21,244
Foreign Exchange Rate Adjustments	126.62	17.08	-34.65	-337.64	-18.04	-59.57
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	-
Net Cash Flow	9,768	-12,935	21,708	-306.09	2,474	2,658
Free Cash Flow	35,063	27,671	40,067	12,800	22,786	38,585
Free Cash Flow Growth	-6.32%	-30.94%	213.02%	-43.82%	-40.95%	103.75%
Free Cash Flow Margin	10.23%	8.46%	12.50%	4.24%	9.44%	19.26%
Free Cash Flow Per Share	26971.92	21285.13	30820.73	9846.33	17527.59	29680.63
Cash Income Tax Paid	11,409	13,174	9,980	11,813	9,392	7,605
Levered Free Cash Flow	13,953	9,600	30,301	9,367	16,139	33,957
Unlevered Free Cash Flow	14,015	9,631	30,316	9,382	16,142	33,963
Change in Working Capital	-7,708	-7,584	1,733	-13,601	-10,793	11,024

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