Mirae Asset Securities 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	1,569,530	921,609	322,416	685,925	1,152,716
Depreciation & Amortization, Total	188,437	166,011	162,832	182,498	165,385
Gain (Loss) On Sale of Investments	-3,227,934	-576,583	-202,523	473,972	79,345
Change in Other Net Operating Assets	9,989,841	-5,556,361	6,729,089	-3,613,730	-4,898,076
Other Operating Activities	-4,878,516	-5,267,933	-4,209,759	-2,862,083	-236,850
Operating Cash Flow	-6,860,961	-10,250,279	-4,077,642	2,595,095	-1,238,994
Capital Expenditures	-44,782	-26,886	-23,883	-21,221	-27,156
Sale (Purchase) of Intangibles	-8,767	-5,488	-7,981	-6,112	-4,062
Investment in Securities	3,857,753	-1,313,674	393,334	-3,374,757	-2,101,947
Other Investing Activities	-8,165	-20,912	-10,626	-18,810	-5,641
Investing Cash Flow	5,786,714	-1,369,709	352,433	-3,424,162	-2,297,532
Long-Term Debt Issued	4,181,090	14,253,436	6,044,876	2,674,422	6,959,460
Long-Term Debt Repaid	-2,304,210	-2,114,137	-3,222,351	-2,647,869	-1,146,860
Net Debt Issued (Repaid)	1,876,880	12,139,299	2,822,525	26,553	5,812,600
Issuance of Common Stock	-	621	24,965	-	890.64
Repurchase of Common Stock	-80,100	-172,219	-75,311	-85,679	-209,997
Common Dividends Paid	-148,669	-89,881	-123,434	-189,577	-132,871
Other Financing Activities	-785,997	-218,014	-44,188	-46,750	42,682
Financing Cash Flow	862,114	11,659,806	2,604,556	-295,453	5,513,304
Foreign Exchange Rate Adjustments	-22,283	141,769	23,659	175,849	128,979
Net Cash Flow	-234,416	181,587	-1,096,994	-948,671	2,105,758
Free Cash Flow	-6,905,743	-10,277,165	-4,101,525	2,573,874	-1,266,150
Free Cash Flow Margin	-32.71%	-69.37%	-28.40%	16.82%	-11.26%
Free Cash Flow Per Share	-11925.40	-17425.47	-6730.15	4201.85	-2000.22
Cash Interest Paid	5,707,877	5,364,922	3,886,668	1,626,325	541,730
Cash Income Tax Paid	507,015	175,895	158,225	593,086	297,490

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