Hyosung 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	317,446	453,158	68.23	15,648	435,815	-52,770
Depreciation & Amortization	102,683	108,324	108,756	105,581	103,739	102,811
Loss (Gain) From Sale of Assets	-9,347	-8,960	-4,117	-682	-2,225	101,339
Asset Writedown & Restructuring Costs	-	-	-	3,255	-	-
Loss (Gain) From Sale of Investments	-6,897	-1,086	-10,142	-1,254	-179	1,861
Loss (Gain) on Equity Investments	-281,992	-158,104	-42,175	34,927	-541,617	-39,944
Provision & Write-off of Bad Debts	-1,657	3,727	3,141	70	-852	25,008
Other Operating Activities	-102,997	-493,670	124,508	232,804	216,901	224,957
Change in Accounts Receivable	77,598	26,164	7,487	79,548	-181,093	-132,990
Change in Inventory	26,053	19,441	118,655	-163,507	-303,135	74,113
Change in Accounts Payable	-38,747	36,345	21,182	-95,640	106,522	-1,791
Change in Other Net Operating Assets	-58,853	163,812	62,566	-42,540	97,250	68,507
Operating Cash Flow	338,943	464,802	398,841	168,209	-71,291	278,194
Operating Cash Flow Growth	-17.34%	16.54%	137.11%	-	-	97.53%
Capital Expenditures	-55,535	-49,270	-44,891	-65,865	-103,191	-60,628
Sale of Property, Plant & Equipment	19,635	9,922	12,411	12,871	6,781	7,622
Cash Acquisitions	-151,935	-	-0.06	-2,312	-	-
Divestitures	-	-	1,933	-	5,691	-
Sale (Purchase) of Intangibles	6,315	10,546	-3,297	-6,481	-2,001	-1,320
Investment in Securities	-42,022	-202,594	-68,898	-92,959	20,969	-176,561
Other Investing Activities	-115.01	3,333	-1,788	1,072	965.24	-146.88
Investing Cash Flow	-393,277	-227,371	-104,874	-154,264	-71,543	-228,708
Short-Term Debt Issued	-	1,661,080	3,069,116	291,700	487,997	1,191,272
Long-Term Debt Issued	-	190,408	484,383	90,860	45,097	594,222
Total Debt Issued	2,424,750	1,851,488	3,553,498	382,559	533,094	1,785,494
Short-Term Debt Repaid	-	-1,875,629	-3,191,747	-	-244,997	-1,132,593
Long-Term Debt Repaid	-	-185,137	-525,012	-263,539	-55,994	-506,357
Total Debt Repaid	-2,381,069	-2,060,766	-3,716,759	-263,539	-300,991	-1,638,950
Net Debt Issued (Repaid)	43,681	-209,278	-163,260	119,020	232,103	146,544
Issuance of Common Stock	0	33,473	-	-	-	-
Repurchase of Common Stock	-	-1,152	-	-	-	-27,897
Dividends Paid	-66,653	-74,248	-125,067	-184,032	-138,100	-129,653
Other Financing Activities	886.53	4,457	1,449	1,654	1,678	-1,336
Financing Cash Flow	-22,086	-246,748	-286,879	-63,358	95,682	-12,342
Foreign Exchange Rate Adjustments	109,230	-429.4	-3,036	11,062	7,097	-4,458
Miscellaneous Cash Flow Adjustments	-100	-29,040	-0	-	0	-
Net Cash Flow	32,710	-38,787	4,052	-38,350	-40,055	32,686
Free Cash Flow	283,407	415,532	353,950	102,344	-174,483	217,566
Free Cash Flow Growth	-20.54%	17.40%	245.84%	-	-	193.42%
Free Cash Flow Margin	11.44%	18.28%	19.16%	2.75%	-4.93%	8.38%
Free Cash Flow Per Share	16955.05	22660.29	21734.89	6284.61	-10714.41	13265.88
Cash Interest Paid	49,172	78,374	104,401	46,921	18,696	83,101
Cash Income Tax Paid	13,299	22,736	36,839	49,558	47,370	44,812
Levered Free Cash Flow	284,426	566,070	238,541	-101,654	-47,490	128,175
Unlevered Free Cash Flow	322,696	609,248	279,833	-71,433	-32,619	146,896
Change in Working Capital	6,051	245,762	209,890	-222,139	-280,456	7,839

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