Woongjin 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	97,194	3,071	-10,549	8,218	22,993	-23,396
Depreciation & Amortization	74,358	73,744	84,242	78,965	60,781	56,716
Loss (Gain) From Sale of Assets	617.48	363.64	240.72	225.96	-15,191	-253.62
Asset Writedown & Restructuring Costs	21,981	21,393	35,894	15,008	5,923	2,890
Loss (Gain) From Sale of Investments	-7,970	990.27	1,228	610.84	-709.24	4.82
Loss (Gain) on Equity Investments	-4,930	1,787	2,618	-	220.37	-
Stock-Based Compensation	1,372	695.46	233.1	58.56	504.89	645.68
Provision & Write-off of Bad Debts	3,111	2,455	2,819	6,321	2,844	5,328
Other Operating Activities	-3,332	108,257	88,441	106,488	136,083	120,147
Change in Accounts Receivable	30,076	-18,153	-1,183	-3,065	11,710	-20,713
Change in Inventory	5,072	3,741	-4,388	-12,740	-13,921	-3,169
Change in Accounts Payable	743.26	-428.6	2,625	-6,144	223.65	5,291
Change in Unearned Revenue	587.03	587.03	230.01	-1,924	-93.08	1,488
Change in Income Taxes	-4.12	-	-	-	-	-
Change in Other Net Operating Assets	-29,127	-108,606	-109,348	-79,637	-101,747	-73,822
Operating Cash Flow	189,748	89,897	93,102	112,389	109,543	70,894
Operating Cash Flow Growth	119.58%	-3.44%	-17.16%	2.60%	54.52%	213.01%
Capital Expenditures	-8,115	-5,732	-16,595	-40,108	-4,411	-3,210
Sale of Property, Plant & Equipment	28.91	64.13	111.92	925.54	40,121	180.93
Cash Acquisitions	-881,878	95.15	-	-	-59,252	-
Sale (Purchase) of Intangibles	-13,538	-20,522	-30,410	-42,444	-33,335	-16,947
Investment in Securities	-85,902	-1,343	29,226	-1,010	-594.27	-34,822
Other Investing Activities	36,839	5,451	2,739	-124.83	-179.4	1,554,931
Investing Cash Flow	-953,031	-22,453	-15,353	-75,512	-64,020	1,499,991
Short-Term Debt Issued	-	180,700	139,895	114,645	93,464	180,452
Long-Term Debt Issued	-	19,955	5,700	24,761	200,035	100,000
Total Debt Issued	1,115,882	200,655	145,595	139,406	293,499	280,452
Short-Term Debt Repaid	-	-205,536	-124,065	-136,161	-118,464	-305,381
Long-Term Debt Repaid	-	-41,885	-42,735	-40,676	-236,629	-1,640,613
Total Debt Repaid	-241,853	-247,421	-166,800	-176,837	-355,093	-1,945,995
Net Debt Issued (Repaid)	874,029	-46,766	-21,205	-37,431	-61,594	-1,665,543
Issuance of Common Stock	-	-	-	-	1,407	-
Repurchase of Common Stock	-9,910	-	-2,841	-175.93	-5,383	-20,809
Dividends Paid	-4,087	-	-3,135	-5,823	-5,083	-18,967
Other Financing Activities	-31,853	-19,811	-41,430	-11,321	-18,762	-30,740
Financing Cash Flow	828,180	-66,577	-68,612	-54,751	-89,414	-1,672,777
Foreign Exchange Rate Adjustments	295.83	232.85	122.54	211.69	90.8	-225.52
Miscellaneous Cash Flow Adjustments	-	-	-	-	-305.36	-
Net Cash Flow	65,193	1,100	9,259	-17,663	-44,106	-102,117
Free Cash Flow	181,633	84,165	76,507	72,280	105,131	67,684
Free Cash Flow Growth	126.90%	10.01%	5.85%	-31.25%	55.33%	218.37%
Free Cash Flow Margin	16.62%	8.35%	7.51%	6.88%	10.73%	7.64%
Free Cash Flow Per Share	2345.34	1082.99	977.30	906.81	1323.17	855.00
Cash Interest Paid	28,972	19,320	13,523	8,402	13,480	27,069
Cash Income Tax Paid	14,396	-4,722	2,147	3,264	-19,329	699.88
Levered Free Cash Flow	224,578	53,606	39,229	25,405	77,689	1,511,110
Unlevered Free Cash Flow	251,041	68,819	54,179	38,599	92,070	1,531,985
Change in Working Capital	7,347	-122,860	-112,065	-103,510	-103,827	-90,924

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.