Taeyang Metal Industrial 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	3,488	2,452	65.43	-626.27	-12,026
Depreciation & Amortization	12,945	13,238	15,462	14,558	15,656
Loss (Gain) From Sale of Assets	2,440	3,591	2,947	3,009	3,112
Asset Writedown & Restructuring Costs	-	-	-	6,176	-
Loss (Gain) From Sale of Investments	23.42	24.47	-34.48	173.84	-8.91
Loss (Gain) on Equity Investments	115.59	-42.54	140.68	-119.14	-
Provision & Write-off of Bad Debts	5,649	362.14	1,263	-1,042	1,229
Other Operating Activities	4,448	7,459	9,758	14,075	16,838
Change in Accounts Receivable	14,656	-5,553	-2,929	-10,765	-962.09
Change in Inventory	-40,372	-22,586	-24,180	-25,202	-22,968
Change in Accounts Payable	32,099	-20,259	-9,403	33,301	-512.8
Change in Other Net Operating Assets	-42,964	27,908	-2,258	1,136	-516.56
Operating Cash Flow	-7,474	6,595	-9,169	34,674	-158.98
Capital Expenditures	-18,918	-10,539	-6,412	-8,364	-15,278
Sale of Property, Plant & Equipment	149.95	1,452	221.17	65.88	352.62
Sale (Purchase) of Intangibles	-109.7	-69.62	-53.64	-52.28	169.35
Investment in Securities	-878.87	-638.2	-86.4	1,216	838.77
Other Investing Activities	198.4	17.27	-159.88	45	1,522
Investing Cash Flow	-19,558	-9,778	-6,491	-7,098	-12,406
Short-Term Debt Issued	51,564	71,762	35,575	10,568	-
Long-Term Debt Issued	34,675	3,920	24,761	14,048	28,500
Total Debt Issued	86,240	75,682	60,337	24,616	28,500
Short-Term Debt Repaid	-37,201	-54,431	-24,395	-24,120	-7,177
Long-Term Debt Repaid	-21,548	-20,682	-23,359	-19,792	-15,423
Total Debt Repaid	-58,750	-75,112	-47,754	-43,912	-22,600
Net Debt Issued (Repaid)	27,490	569.14	12,583	-19,296	5,900
Dividends Paid	-413.74	-413.74	-215.12	-215.12	-215.12
Other Financing Activities	-0	-20	-15	-0	-0
Financing Cash Flow	27,076	135.41	12,353	-19,511	5,685
Foreign Exchange Rate Adjustments	-6.1	1.28	3.87	-2.31	2.39
Miscellaneous Cash Flow Adjustments	-0	-	0	-0	0
Net Cash Flow	38.01	-3,046	-3,303	8,062	-6,877
Free Cash Flow	-26,392	-3,944	-15,581	26,309	-15,437
Free Cash Flow Margin	-4.26%	-0.64%	-2.53%	4.62%	-3.33%
Free Cash Flow Per Share	-711.31	-106.13	-427.76	722.31	-423.82
Cash Interest Paid	12,206	13,147	13,350	9,072	6,911
Cash Income Tax Paid	7,417	3,311	7,889	4,344	-1,010
Levered Free Cash Flow	-19,966	-14,563	-15,926	17,434	-24,955
Unlevered Free Cash Flow	-12,527	-6,552	-7,609	23,268	-20,614
Change in Working Capital	-36,581	-20,489	-38,770	-1,530	-24,959

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.