Hankook Shell Oil 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	48,228	36,655	37,379	26,721	29,046
Depreciation & Amortization	3,734	2,716	2,408	3,096	3,815
Loss (Gain) From Sale of Assets	-29.88	-69.9	-15.73	-306.42	286.4
Stock-Based Compensation	55.63	82.13	62.25	163.59	83.72
Provision & Write-off of Bad Debts	-	-	-	-15.93	38.61
Other Operating Activities	974.08	1,847	1,722	-664.48	2,162
Change in Accounts Receivable	6,688	-3,023	-200.14	-6,517	-3,759
Change in Inventory	-517.76	-3,396	3,036	-10,858	-10,014
Change in Accounts Payable	-3,004	3,001	483.21	-2,130	6,303
Change in Other Net Operating Assets	-4,821	-4,166	-1,587	5,904	-3,322
Operating Cash Flow	51,308	33,647	43,288	15,394	24,638
Operating Cash Flow Growth	52.49%	-22.27%	181.21%	-37.52%	-42.03%
Capital Expenditures	-12,173	-5,976	-3,222	-2,593	-1,852
Sale of Property, Plant & Equipment	36.32	69.91	23.36	20.68	38.94
Sale (Purchase) of Intangibles	6	-	-	472.73	-168
Investment in Securities	5,000	-5,000	5,000	12,000	-1,999
Other Investing Activities	535.22	2.6	303.02	-313.28	265.14
Investing Cash Flow	-6,595	-10,904	2,105	9,587	-3,715
Long-Term Debt Repaid	-1,301	-594.88	-250.99	-248.81	-231.1
Net Debt Issued (Repaid)	-1,301	-594.88	-250.99	-248.81	-231.1
Dividends Paid	-35,100	-35,100	-23,400	-24,700	-18,200
Financing Cash Flow	-36,401	-35,695	-23,651	-24,949	-18,431
Foreign Exchange Rate Adjustments	-211.68	17.08	-34.65	-337.64	-18.04
Net Cash Flow	8,100	-12,935	21,708	-306.09	2,474
Free Cash Flow	39,135	27,671	40,067	12,800	22,786
Free Cash Flow Growth	41.43%	-30.94%	213.02%	-43.82%	-40.95%
Free Cash Flow Margin	11.34%	8.46%	12.50%	4.24%	9.44%
Free Cash Flow Per Share	30104.00	21285.13	30820.73	9846.33	17527.59
Cash Income Tax Paid	11,405	13,174	9,980	11,813	9,392
Levered Free Cash Flow	26,926	9,600	30,301	9,367	16,139
Unlevered Free Cash Flow	27,003	9,631	30,316	9,382	16,142
Change in Working Capital	-1,654	-7,584	1,733	-13,601	-10,793

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