Hanwha Aerospace Co., Ltd. (KRX:012450)

Hanwha Aerospace Cash Flow Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2,398,613	2,298,945	817,510	195,354	252,581	121,426
Depreciation & Amortization	421,811	330,948	339,098	262,736	237,429	245,639
Loss (Gain) From Sale of Assets	5,726	8,991	-954.27	-664.06	-242.55	-5,408
Asset Writedown & Restructuring Costs	167,041	167,104	15,943	27,747	2,474	13,162
Loss (Gain) From Sale of Investments	32,222	-63,761	-43,234	68,719	-37,174	3,776
Loss (Gain) on Equity Investments	-1,241,097	-1,239,716	28,273	21,028	28,599	2,455
Stock-Based Compensation	243,022	162,598	63,956	27,609	13,335	3,502
Provision & Write-off of Bad Debts	1,344	401.67	3,868	-3,093	-233.89	13,278
Other Operating Activities	490,107	630,253	-296,193	131,283	182,213	158,909
Change in Accounts Receivable	-1,632,570	-1,108,833	-566,726	-282,593	34,404	-4,838
Change in Inventory	-675,975	-882,289	-713,526	-277,253	6,864	-295,072
Change in Accounts Payable	914,651	5,956	221,489	185,014	42,239	-35,634
Change in Other Net Operating Assets	523,599	1,082,375	1,520,715	1,168,442	227,517	213,556
Operating Cash Flow	1,648,494	1,392,973	1,390,220	1,524,327	990,006	434,750
Operating Cash Flow Growth	-0.58%	0.20%	-8.80%	53.97%	127.72%	-39.21%
Capital Expenditures	-666,166	-578,205	-453,365	-196,739	-166,103	-189,392
Sale of Property, Plant & Equipment	2,008	1,667	3,166	5,151	5,599	2,112
Cash Acquisitions	64,445	51,228	-72,261	-354,546	-6,427	-4,297
Divestitures	-	-	-	187,500	-	-
Sale (Purchase) of Intangibles	-188,599	-148,985	-117,799	-148,034	-158,756	-139,029
Investment in Securities	-942,229	-778,024	-2,395,111	-725,280	-278,481	15,704
Other Investing Activities	120,850	84,726	8,581	10,858	-1,417	20,019
Investing Cash Flow	-1,608,585	-1,367,342	-3,029,124	-1,224,903	-607,074	-298,734
Short-Term Debt Issued	-	8,462,533	2,596,756	1,752,236	1,503,029	1,833,751
Long-Term Debt Issued	-	1,671,178	807,082	309,368	763,031	484,647
Total Debt Issued	12,117,091	10,133,711	3,403,838	2,061,604	2,266,060	2,318,398
Short-Term Debt Repaid	-	-7,535,876	-2,193,197	-1,357,757	-1,435,171	-1,730,986
Long-Term Debt Repaid	-	-1,364,892	-765,680	-441,214	-604,750	-344,603
Total Debt Repaid	-9,943,491	-8,900,768	-2,958,877	-1,798,972	-2,039,922	-2,075,589
Net Debt Issued (Repaid)	2,173,600	1,232,943	444,961	262,632	226,138	242,808
Repurchase of Common Stock	-19,041	-19,041	-	-	-1,716	-25,667
Dividends Paid	-119,752	-119,752	-50,569	-35,399	-30,366	-17,431
Other Financing Activities	-1,384,141	-28,484	-26,637	-11,109	619,092	-739.29
Financing Cash Flow	650,665	1,065,666	367,755	216,124	813,148	198,971
Foreign Exchange Rate Adjustments	100,131	70,078	7,677	26,211	7,698	-4,402
Miscellaneous Cash Flow Adjustments	-	-	-	-	-6,414	-
Net Cash Flow	790,705	1,161,375	-1,263,471	541,760	1,197,364	330,585
Free Cash Flow	982,328	814,768	936,855	1,327,588	823,903	245,358
Free Cash Flow Growth	-15.99%	-13.03%	-29.43%	61.13%	235.80%	-56.29%
Free Cash Flow Margin	6.43%	7.25%	11.87%	18.80%	14.87%	4.61%
Free Cash Flow Per Share	19956.62	16556.51	20497.71	29106.40	18077.37	5364.50
Cash Interest Paid	326,913	255,709	157,047	80,547	63,293	61,737
Cash Income Tax Paid	371,439	218,508	139,844	146,851	63,997	42,861
Levered Free Cash Flow	-1,691,741	-1,953,932	1,095,375	1,361,619	526,585	109,496
Unlevered Free Cash Flow	-1,493,352	-1,802,345	1,188,892	1,414,787	565,565	150,925
Change in Net Working Capital	2,399,246	2,405,554	-1,049,707	-1,246,326	-480,590	-81,621

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.