DN Automotive 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	291,986	281,603	284,931	274,781	180,867	80,832
Depreciation & Amortization	88,445	82,906	78,880	76,508	70,769	37,812
Loss (Gain) From Sale of Assets	1,215	682.36	-3,738	222.92	-434.71	-18,429
Asset Writedown & Restructuring Costs	595.7	595.7	-	84.83	-	-
Loss (Gain) From Sale of Investments	70.39	-942.99	2,912	-1,456	1,211	7,408
Loss (Gain) on Equity Investments	-8,774	-6,149	264.32	-196.56	37.76	-4.31
Stock-Based Compensation	4,131	4,143	978.72	-	-	-
Provision & Write-off of Bad Debts	4,338	4,042	2,662	103.66	1,384	-3,214
Other Operating Activities	58,319	49,151	47,831	64,942	111,499	18,185
Change in Accounts Receivable	-26,555	-29,908	-65,017	15,202	-34,853	444.47
Change in Inventory	-107,172	-86,573	-38,000	36,412	-74,703	-54,333
Change in Accounts Payable	78,822	-54,842	-97,618	-79,440	-73,944	-8,646
Change in Other Net Operating Assets	-29,606	14,564	-16,937	-30,861	-28,881	-19,159
Operating Cash Flow	355,815	259,273	197,149	356,303	152,952	40,896
Operating Cash Flow Growth	69.83%	31.51%	-44.67%	132.95%	274.00%	-61.25%
Capital Expenditures	-141,037	-167,628	-127,738	-89,990	-55,552	-35,349
Sale of Property, Plant & Equipment	1,140	782.07	2,444	1,948	2,179	5,042
Cash Acquisitions	-95,245	-	95,467	-	-1,743,276	-16,346
Divestitures	-	-	28,008	1,454	-	37,772
Sale (Purchase) of Intangibles	-8,921	-9,052	-6,887	-3,007	-4,535	-307.07
Investment in Securities	-20,125	-596.18	-14,986	2,705	81,729	62,055
Other Investing Activities	-5,804	-5,121	-1,830	-2,995	-26,442	-120,810
Investing Cash Flow	-268,616	-181,615	-48,717	-89,885	-1,745,898	-67,941
Short-Term Debt Issued	-	1,049,870	1,032,944	625,873	1,149,715	875,679
Long-Term Debt Issued	-	734,191	1,742,809	125,522	1,368,521	201,453
Total Debt Issued	2,050,513	1,784,061	2,775,753	751,396	2,518,235	1,077,131
Short-Term Debt Repaid	-	-968,343	-1,036,094	-608,513	-1,177,227	-601,135
Long-Term Debt Repaid	-	-778,469	-2,193,149	-447,226	-8,082	-9,107
Total Debt Repaid	-1,945,795	-1,746,812	-3,229,243	-1,055,740	-1,185,309	-610,242
Net Debt Issued (Repaid)	104,718	37,248	-453,490	-304,344	1,332,926	466,889
Issuance of Common Stock	-	-	0.06	-	-	-
Repurchase of Common Stock	-	-	-10,224	-	-	-
Dividends Paid	-74,058	-74,819	-51,269	-30,345	-13,362	-21,545
Other Financing Activities	-20,896	-20,896	250,000	-0.6	220,000	4.2
Financing Cash Flow	9,764	-58,467	-264,983	-334,690	1,539,564	445,348
Foreign Exchange Rate Adjustments	22,543	4,533	17,386	2,628	-8,876	-6,436
Miscellaneous Cash Flow Adjustments	-	-	21,079	-1,558	-	-7,835
Net Cash Flow	119,507	23,725	-78,085	-67,202	-62,258	404,032
Free Cash Flow	214,779	91,645	69,410	266,312	97,401	5,548
Free Cash Flow Growth	571.08%	32.03%	-73.94%	173.42%	1655.73%	-93.49%
Free Cash Flow Margin	5.63%	2.49%	2.02%	8.15%	3.09%	0.60%
Free Cash Flow Per Share	4149.19	1770.51	1515.70	6180.29	2260.36	128.74
Cash Interest Paid	92,996	92,789	125,310	137,038	87,790	5,062
Cash Income Tax Paid	160,415	170,687	136,701	83,565	81,643	22,381
Levered Free Cash Flow	31,733	31,822	-47,318	192,760	87,107	-145,507
Unlevered Free Cash Flow	92,926	91,582	27,391	281,799	158,636	-142,450
Change in Working Capital	-84,510	-156,759	-217,572	-58,687	-212,380	-81,693