Samsung Securities Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	939,945	899,038	547,406	422,405	965,338	507,787
Depreciation & Amortization, Total	68,380	64,797	60,737	55,643	56,100	60,068
Gain (Loss) On Sale of Investments	-471,451	-277,329	-269,144	-325,480	-185,076	-382,645
Change in Other Net Operating Assets	6,109,011	898,910	2,376,371	-4,188,263	-1,525,106	10,229,063
Other Operating Activities	-900,628	-779,617	-966,282	-699,347	-204,283	-540,813
Operating Cash Flow	-1,401,536	1,343,462	-2,811,745	7,436,436	-2,074,932	-4,023,114
Capital Expenditures	-18,024	-16,293	-11,797	-14,057	-10,679	-6,040
Sale (Purchase) of Intangibles	-31,377	-29,872	-21,637	-29,121	-16,476	-12,176
Investment in Securities	-1,982,708	-2,698,141	2,877,721	-226,506	753,003	-1,926,937
Other Investing Activities	-	-	-	-	-0	0
Investing Cash Flow	-2,032,077	-2,744,037	2,844,424	-269,675	725,901	-1,945,135
Long-Term Debt Issued	-	3,630,634	319,005	362,675	2,250,375	8,062,014
Long-Term Debt Repaid	-	-908,373	-1,175,968	-7,491,339	-300,000	-359,941
Net Debt Issued (Repaid)	4,403,703	2,722,261	-856,963	-7,128,664	1,950,375	7,702,072
Dividends Paid	-312,550	-196,460	-151,810	-339,340	-196,565	-151,810
Other Financing Activities	-34,987	-33,645	-32,444	-32,167	-31,638	-31,568
Financing Cash Flow	4,056,166	2,492,156	-1,041,217	-7,500,171	1,722,172	7,518,694
Foreign Exchange Rate Adjustments	45,419	33,799	-4,844	-61,989	411.39	-31,110
Net Cash Flow	667,973	1,125,380	-1,013,382	-395,399	373,553	1,519,335
Free Cash Flow	-1,419,559	1,327,169	-2,823,542	7,422,379	-2,085,611	-4,029,154
Free Cash Flow Margin	-12.46%	12.38%	-26.26%	69.98%	-24.28%	-44.71%
Free Cash Flow Per Share	-15896.52	14861.92	-31618.61	83117.34	-23355.10	-45119.31
Cash Interest Paid	902,572	967,606	897,887	565,284	180,691	210,591
Cash Income Tax Paid	482,288	240,868	111,582	355,492	180,575	80,159

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