GS Retail 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	79,766	43,433	2,548	17,678	40,438	815,212
Depreciation & Amortization	733,815	735,166	760,983	721,721	695,713	681,899
Loss (Gain) From Sale of Assets	8,017	14,776	27,388	25,962	12,149	-2,535
Asset Writedown & Restructuring Costs	78,581	78,581	69,800	11,190	34,751	41,428
Loss (Gain) From Sale of Investments	-18,546	-3,360	58,874	38,399	59,116	-58,024
Loss (Gain) on Equity Investments	101,009	99,579	39,333	151,681	27,524	-56,767
Stock-Based Compensation	113	112	284	851	466	133
Provision & Write-off of Bad Debts	-2,626	-2,046	22,743	19,900	1,120	577
Other Operating Activities	-30,030	-41,499	-3,297	14,754	-20,201	-625,732
Change in Accounts Receivable	-21,199	-66,523	-30,368	-7,874	-122,334	-19,719
Change in Inventory	44,357	-34,802	2,085	-82,877	-33,565	38,466
Change in Accounts Payable	-54,765	45,949	-211,931	194,088	30,090	-34,154
Change in Other Net Operating Assets	53,708	69,218	-78,258	-211,419	-12,757	-65,932
Operating Cash Flow	972,200	938,584	660,183	894,054	712,510	714,852
Operating Cash Flow Growth	57.00%	42.17%	-26.16%	25.48%	-0.33%	-11.31%
Capital Expenditures	-245,097	-266,693	-489,098	-434,289	-406,343	-523,088
Sale of Property, Plant & Equipment	19,626	12,646	17,118	1,722	11,138	32,917
Cash Acquisitions	-670.17	-670.17	-	-	-	-47,360
Divestitures	-	-	-	-	-	84,607
Sale (Purchase) of Intangibles	-4,144	-3,410	-5,822	-6,204	-5,480	-10,116
Investment in Securities	64,223	101,222	50,569	-19,178	76,489	-298,657
Other Investing Activities	90,372	78,619	75,032	101,038	344,013	484,283
Investing Cash Flow	-75,690	-78,286	-352,201	-356,912	19,817	-277,414
Short-Term Debt Issued	-	46,314	224,185	835,781	384,934	144,502
Long-Term Debt Issued	-	99,694	319,413	159,508	255,417	326,945
Total Debt Issued	-148,723	146,008	543,598	995,289	640,351	471,447
Short-Term Debt Repaid	-	-303,700	-668,215	-899,871	-504,362	-303,550
Long-Term Debt Repaid	-	-456,334	-452,485	-546,505	-464,927	-511,108
Total Debt Repaid	-694,747	-760,034	-1,120,700	-1,446,376	-969,289	-814,658
Net Debt Issued (Repaid)	-843,470	-614,026	-577,102	-451,087	-328,938	-343,210
Issuance of Common Stock	-	-	-	30,000	137.98	72.96
Repurchase of Common Stock	-	-	-793.38	-	-126.95	-8.53
Dividends Paid	-41,783	-41,783	-59,306	-48,569	-122,616	-69,300
Other Financing Activities	-909.34	-2,775	-11,557	-26,266	-7,637	24,377
Financing Cash Flow	-886,162	-658,583	-648,758	-495,922	-433,181	-383,069
Foreign Exchange Rate Adjustments	644.05	-563.71	2,299	67.48	-31.25	144.28
Miscellaneous Cash Flow Adjustments	0	-	-	-	-	-
Net Cash Flow	10,992	201,151	-338,477	41,288	299,115	54,514
Free Cash Flow	727,102	671,891	171,086	459,765	306,167	191,764
Free Cash Flow Growth	341.64%	292.72%	-62.79%	50.17%	59.66%	-60.69%
Free Cash Flow Margin	6.03%	5.62%	1.48%	4.13%	2.77%	1.98%
Free Cash Flow Per Share	8686.94	8040.28	2082.31	5555.94	3707.05	2647.16
Cash Interest Paid	90,186	95,876	111,885	99,474	76,232	57,344
Cash Income Tax Paid	63,511	66,611	87,078	63,501	69,693	92,967
Levered Free Cash Flow	580,006	545,137	-42,383	232,741	298,013	553,895
Unlevered Free Cash Flow	644,111	611,925	25,393	283,812	346,874	592,140
Change in Working Capital	22,101	13,842	-318,472	-108,082	-138,566	-81,339