Sajodaerim 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	54,733	91,798	91,338	71,248	62,708	33,837
Depreciation & Amortization	68,469	52,023	30,703	31,293	32,834	30,638
Loss (Gain) From Sale of Assets	294.6	153.22	1,393	2,191	-3,178	-7,099
Asset Writedown & Restructuring Costs	-	-	-	-	5,841	-
Loss (Gain) From Sale of Investments	-504.03	-675.11	-1,304	-202.89	-3.46	-1.1
Loss (Gain) on Equity Investments	-8,715	-8,645	-3,599	-3,515	-4,545	-5,117
Provision & Write-off of Bad Debts	195.64	-642.97	-9,780	2,474	-2,047	400.94
Other Operating Activities	12,857	24,519	39,618	-3,097	28,733	12,803
Change in Accounts Receivable	-38,875	22,247	-17,675	-25,647	5,578	-12,941
Change in Inventory	4,400	59,721	37,277	-68,663	-26,378	2,410
Change in Accounts Payable	22,031	-63,258	2,969	76,233	-17,342	24,414
Change in Other Net Operating Assets	-21,838	-24,210	3,842	-21,092	-19,826	2,806
Operating Cash Flow	93,047	153,031	174,781	61,222	62,377	82,150
Operating Cash Flow Growth	-40.98%	-12.44%	185.49%	-1.85%	-24.07%	6.26%
Capital Expenditures	-52,822	-30,602	-14,660	-21,263	-17,961	-39,628
Sale of Property, Plant & Equipment	114.76	523.02	922.7	10,473	14,409	16,116
Cash Acquisitions	543,199	-	-65.75	-	-	-
Sale (Purchase) of Intangibles	-2,542	-3,316	-42.99	-184.42	-281.5	-170.31
Investment in Securities	8,707	1,324	2,560	24,642	-42,284	2,839
Other Investing Activities	-559,018	-556,682	-4,643	144.93	3,920	5,173
Investing Cash Flow	-62,109	-588,421	-15,713	14,069	-42,044	-15,644
Short-Term Debt Issued	-	301,827	481,655	623,504	513,817	332,249
Long-Term Debt Issued	-	313,000	8,674	19,500	25,500	48,436
Total Debt Issued	136,527	614,827	490,329	643,004	539,317	380,684
Short-Term Debt Repaid	-	-194,366	-479,287	-664,843	-510,528	-369,649
Long-Term Debt Repaid	-	-20,189	-33,980	-79,098	-66,222	-22,945
Total Debt Repaid	-167,367	-214,555	-513,266	-743,941	-576,750	-392,594
Net Debt Issued (Repaid)	-30,840	400,272	-22,938	-100,937	-37,433	-11,909
Issuance of Common Stock	23,217	38,741	9,843	6,679	-	-
Common Dividends Paid	-3,084	-3,506	-3,016	-4,091	-2,029	-1,529
Other Financing Activities	-1,135	-2,670	-51.4	-18.9	6.35	-5,576
Financing Cash Flow	-11,843	432,837	-16,162	-98,368	-39,455	-19,014
Foreign Exchange Rate Adjustments	18.24	9.8	-0.39	-6.37	-3.97	-1.88
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	-
Net Cash Flow	19,113	-2,543	142,906	-23,083	-19,126	47,490
Free Cash Flow	40,225	122,429	160,121	39,959	44,416	42,521
Free Cash Flow Growth	-69.77%	-23.54%	300.72%	-10.04%	4.46%	68.64%
Free Cash Flow Margin	1.16%	4.63%	7.76%	1.98%	2.45%	2.48%
Free Cash Flow Per Share	4635.53	15328.94	21252.50	5434.28	6040.41	5782.79
Cash Interest Paid	30,061	24,205	11,615	9,938	10,408	10,262
Cash Income Tax Paid	33,593	22,378	15,287	31,859	19,545	18,451
Levered Free Cash Flow	36,455	40,956	134,227	38,196	39,672	45,557
Unlevered Free Cash Flow	51,700	56,200	141,413	44,619	46,130	51,925
Change in Working Capital	-34,283	-5,500	26,412	-39,169	-57,967	16,688

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