LS ELECTRIC 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	337,255	286,623	238,716	205,962	90,303	84,736
Depreciation & Amortization	136,178	132,316	113,769	102,087	102,180	101,456
Loss (Gain) From Sale of Assets	1,067	1,113	357	1,510	13.11	3,976
Asset Writedown & Restructuring Costs	1,609	1,609	4,755	2,751	9,488	3,746
Loss (Gain) From Sale of Investments	-10,005	4,030	867.63	3,285	15,356	29,385
Loss (Gain) on Equity Investments	-232.91	-658.04	-1,928	169.01	1,835	-13.81
Stock-Based Compensation	13,372	10,512	103.32	1,141	1,370	-
Provision & Write-off of Bad Debts	56,233	52,097	9,208	3,170	363.14	-10,786
Other Operating Activities	-53,445	-12,299	89,815	93,530	121,724	22,413
Change in Accounts Receivable	-74,246	-31,536	-158,521	-86,812	-175,750	-22,979
Change in Inventory	-133,962	-75,332	76,544	-63,056	-204,302	-71,183
Change in Accounts Payable	110,105	39,489	-19,133	12,920	81,860	70,152
Change in Other Net Operating Assets	-195,962	-108,016	-124,229	-62,306	-188,154	-109,604
Operating Cash Flow	187,967	299,948	230,147	214,646	-145,446	101,544
Operating Cash Flow Growth	17.03%	30.33%	7.22%	-	-	-64.85%
Capital Expenditures	-207,204	-200,850	-148,737	-112,892	-114,878	-55,836
Sale of Property, Plant & Equipment	682.18	616.39	1,435	1,510	865.13	331.38
Cash Acquisitions	-	-	-68,551	-16,418	-	-
Sale (Purchase) of Intangibles	-8,045	-8,357	-6,083	-10,498	-2,642	-7,496
Investment in Securities	37,817	-34,182	-30,329	-43,921	-14,104	-53,480
Other Investing Activities	-5,977	-6,966	-3,531	-11,142	-306.62	-3,951
Investing Cash Flow	-182,727	-249,739	-255,797	-193,360	-131,065	-120,431
Short-Term Debt Issued	-	407,936	515,049	503,601	324,895	69,604
Long-Term Debt Issued	-	473,566	240,104	304,113	119,595	152,470
Total Debt Issued	687,851	881,502	755,154	807,714	444,490	222,074
Short-Term Debt Repaid	-	-483,172	-488,270	-522,648	-86,068	-46,092
Long-Term Debt Repaid	-	-251,857	-166,063	-236,478	-191,866	-110,692
Total Debt Repaid	-628,431	-735,029	-654,333	-759,126	-277,933	-156,784
Net Debt Issued (Repaid)	59,420	146,473	100,821	48,588	166,557	65,291
Issuance of Common Stock	-	-	63,391	-	-	-
Dividends Paid	-87,400	-87,400	-82,802	-32,495	-29,525	-32,257
Other Financing Activities	-81.98	-59.81	631.04	-13,481	-2,378	1,779
Financing Cash Flow	-28,061	59,013	82,042	2,612	134,654	34,813
Foreign Exchange Rate Adjustments	15,018	-6,610	19,787	3,941	-3,654	2,436
Net Cash Flow	-7,804	102,612	76,179	27,839	-145,511	18,362
Free Cash Flow	-19,237	99,098	81,410	101,755	-260,324	45,709
Free Cash Flow Growth	-	21.73%	-19.99%	-	-	-78.71%
Free Cash Flow Margin	-0.36%	2.00%	1.79%	2.40%	-7.71%	1.71%
Free Cash Flow Per Share	-129.45	667.05	550.97	691.83	-1774.02	311.74
Cash Interest Paid	52,696	51,882	45,682	38,508	20,186	14,757
Cash Income Tax Paid	167,997	145,317	113,076	41,536	28,751	34,343
Levered Free Cash Flow	-33,208	8,971	39,568	85,971	-255,265	13,508
Unlevered Free Cash Flow	-1,656	41,593	66,921	112,281	-242,506	22,809
Change in Working Capital	-294,065	-175,394	-225,339	-199,254	-486,345	-133,614