Sebang Global Battery Cash Flow Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	130,242	141,071	169,418	116,877	42,830	84,313
Depreciation & Amortization	59,749	57,565	54,252	53,934	50,155	42,148
Loss (Gain) From Sale of Assets	105.53	-2,642	-6,703	909.45	2.56	791.48
Asset Writedown & Restructuring Costs	-29.27	-29.27	2,461	2,002	2,025	481.87
Loss (Gain) From Sale of Investments	-5,917	-21,473	-17,564	-14,642	6,087	-5,797
Loss (Gain) on Equity Investments	-	-	-	-	-	-8,053
Provision & Write-off of Bad Debts	-346.31	-653.84	91.87	59.93	1,161	-1,002
Other Operating Activities	31,778	38,448	35,600	12,333	11,654	17,883
Change in Accounts Receivable	-11,018	-18,105	40,345	-57,000	-39,009	-33,479
Change in Inventory	11,510	-5,808	-15,385	23,432	-44,462	-77,201
Change in Accounts Payable	30,374	-15,747	-102,216	11,530	34,842	395.07
Change in Unearned Revenue	-397.9	-610.6	948	-	1,755	-69.99
Change in Other Net Operating Assets	-93,057	-14,742	-8,547	33,943	-5,763	-8,819
Operating Cash Flow	152,994	157,271	152,702	183,378	61,278	11,592
Operating Cash Flow Growth	-17.59%	2.99%	-16.73%	199.25%	428.62%	-93.74%
Capital Expenditures	-76,835	-68,407	-65,558	-56,357	-140,331	-109,973
Sale of Property, Plant & Equipment	887.34	923.26	39,896	388.19	121.53	123.45
Cash Acquisitions	-	-	-	-	-90.34	-4,589
Divestitures	-	-	5.47	-	-	-
Sale (Purchase) of Intangibles	-2,708	-2,289	-3,501	-1,964	300.59	-956.45
Sale (Purchase) of Real Estate	-6,753	-6,753	-	-	-	-
Investment in Securities	36,867	-18,981	-159,803	-50,601	127,363	-9,012
Other Investing Activities	-901.73	-996.72	2,230	-1,157	5,949	6,896
Investing Cash Flow	-49,443	-96,501	-186,711	-109,671	-6,673	-103,615
Short-Term Debt Issued	-	432,884	483,947	377,013	557,163	510,642
Long-Term Debt Issued	-	33,000	5,083	13,764	27,583	23,570
Total Debt Issued	411,703	465,884	489,030	390,777	584,745	534,212
Short-Term Debt Repaid	-	-439,446	-431,508	-428,496	-585,156	-470,487
Long-Term Debt Repaid	-	-5,156	-4,066	-3,048	-4,825	-6,150
Total Debt Repaid	-403,849	-444,603	-435,574	-431,544	-589,981	-476,637
Net Debt Issued (Repaid)	7,854	21,281	53,456	-40,767	-5,236	57,576
Repurchase of Common Stock	-	-	-	-9,951	-9,952	-
Dividends Paid	-14,815	-14,815	-9,526	-8,294	-8,371	-7,029
Other Financing Activities	100.4	107.8	-2,662	5,342	4,061	80.51
Financing Cash Flow	-6,860	6,574	41,268	-53,670	-19,498	50,628
Foreign Exchange Rate Adjustments	1,485	-2,836	4,789	717.43	-1,620	1,178
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	-
Net Cash Flow	98,176	64,508	12,049	20,754	33,488	-40,217
Free Cash Flow	76,159	88,864	87,144	127,021	-79,053	-98,380
Free Cash Flow Growth	-36.06%	1.97%	-31.39%	-	-	-
Free Cash Flow Margin	3.56%	4.15%	4.23%	7.54%	-5.37%	-7.28%
Free Cash Flow Per Share	5727.56	6705.88	6628.52	9659.23	-5946.14	-7340.70
Cash Interest Paid	9,925	10,096	11,092	9,102	6,663	3,619
Cash Income Tax Paid	46,638	50,512	33,348	24,774	34,669	26,872
Levered Free Cash Flow	56,129	50,180	-3,207	96,262	-71,140	-99,679
Unlevered Free Cash Flow	62,532	56,583	3,566	101,962	-66,861	-97,388
Change in Working Capital	-62,590	-55,014	-84,855	11,906	-52,636	-119,173