HWASEUNG Industries 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	22,215	39,134	-24,986	856.25	-2,094	37,346
Depreciation & Amortization	89,330	83,029	82,823	85,171	71,087	64,934
Loss (Gain) From Sale of Assets	1,525	1,190	4,187	3,721	-82.57	1,029
Asset Writedown & Restructuring Costs	-	-	-180.96	-	1,265	1,438
Loss (Gain) From Sale of Investments	1,581	315.9	-	-	1,626	-
Loss (Gain) on Equity Investments	2,306	2,181	11.35	414.76	237.36	63.32
Stock-Based Compensation	-189.55	-87.79	245.48	314.36	321.53	179.73
Provision & Write-off of Bad Debts	1,025	443.75	506.19	908.09	911.26	941.8
Other Operating Activities	16,714	30,289	213.03	43,504	2,128	15,165
Change in Accounts Receivable	122,213	-228,172	12,367	35,836	9,134	19,484
Change in Inventory	23,804	3,531	27,033	16,799	-49,729	-21,773
Change in Accounts Payable	-93,100	252,023	-39,347	-72,049	-6,427	-17,481
Change in Income Taxes	-3.26	-35.85	-1,815	-672.12	126.23	-296.07
Change in Other Net Operating Assets	-56,562	-85,988	12,948	6,651	-18,352	9,230
Operating Cash Flow	129,987	96,978	74,094	119,983	9,904	110,051
Operating Cash Flow Growth	3.62%	30.89%	-38.25%	1111.48%	-91.00%	19.24%
Capital Expenditures	-69,641	-55,590	-58,328	-142,107	-106,987	-108,302
Sale of Property, Plant & Equipment	2,291	2,730	10,350	9,563	2,348	1,984
Cash Acquisitions	-	-	-	-28,863	-3,331	-
Divestitures	-15,143	-	-	-	-	-
Sale (Purchase) of Intangibles	-2,936	-2,507	-3,042	-492.88	-1,287	-3,982
Investment in Securities	18,529	21,046	-2,243	-54,660	-10,003	-3,172
Other Investing Activities	-790.68	4,711	-587.88	-4,580	-11,138	-2,070
Investing Cash Flow	-63,941	-41,437	-55,991	-231,519	-126,207	-116,111
Short-Term Debt Issued	-	987,652	831,634	1,220,602	827,949	899,043
Long-Term Debt Issued	-	19,446	13,018	65,178	20,382	8,162
Total Debt Issued	1,118,812	1,007,098	844,652	1,285,780	848,331	907,205
Short-Term Debt Repaid	-	-929,726	-881,735	-1,170,500	-628,524	-699,048
Long-Term Debt Repaid	-	-79,797	-40,568	-35,231	-162,688	-152,909
Total Debt Repaid	-1,191,985	-1,009,522	-922,302	-1,205,731	-791,212	-851,957
Net Debt Issued (Repaid)	-73,173	-2,425	-77,650	80,049	57,119	55,248
Issuance of Common Stock	-	-	-	179.98	379.95	-
Repurchase of Common Stock	-3,590	-1,014	-1,994	-11,870	-4,987	-4,995
Dividends Paid	-10,759	-10,100	-10,267	-10,822	-12,334	-3,197
Other Financing Activities	-31,987	-48,426	-0	41,349	-5,813	150,160
Financing Cash Flow	-119,510	-61,965	-89,412	106,620	41,564	197,215
Foreign Exchange Rate Adjustments	-4,144	1,618	-2,481	786.02	1,483	-1,178
Miscellaneous Cash Flow Adjustments	9,767	9,767	2,887	-1,262	7,004	-4,323
Net Cash Flow	-47,841	4,961	-70,903	-5,392	-66,253	185,654
Free Cash Flow	60,346	41,388	15,766	-22,124	-97,083	1,750
Free Cash Flow Growth	-15.43%	162.52%	-	-	-	-85.01%
Free Cash Flow Margin	3.21%	2.22%	1.07%	-1.16%	-7.11%	0.14%
Free Cash Flow Per Share	1224.67	835.63	317.17	-431.82	-1836.12	32.69
Cash Interest Paid	64,152	77,909	63,665	35,181	16,296	18,047
Cash Income Tax Paid	17,627	12,818	17,644	26,590	13,781	16,215
Levered Free Cash Flow	66,528	16,212	33,554	-75,031	-113,302	6,231
Unlevered Free Cash Flow	97,203	48,162	63,562	-57,351	-104,048	17,013
Change in Working Capital	-4,520	-59,518	11,275	-14,907	-65,495	-11,046

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