Hankook Steel Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-291.35	762.13	2,495	1,721	-1,819
Depreciation & Amortization	987.25	1,039	1,349	1,720	1,761
Loss (Gain) From Sale of Assets	-37.67	-16.76	-480	-2,831	-200.55
Asset Writedown & Restructuring Costs	-	-	-	-	987.02
Loss (Gain) From Sale of Investments	26.71	49.77	21.69	-23.71	-22.32
Provision & Write-off of Bad Debts	-15.35	25.76	-77.05	-19.56	35.07
Other Operating Activities	209.34	255.7	10.03	187.62	-98.12
Change in Accounts Receivable	3,531	2,220	315.68	1,962	-3,529
Change in Inventory	-1,791	661.72	1,928	-1,520	-1,899
Change in Accounts Payable	113.86	-200.57	-209.18	238.71	169.42
Change in Income Taxes	-	14.32	-	-	-
Change in Other Net Operating Assets	-707.96	687.35	-1,723	175.92	737.6
Operating Cash Flow	2,025	5,477	3,630	1,612	-3,877
Operating Cash Flow Growth	-63.03%	50.90%	125.19%	-	-
Capital Expenditures	-1,017	-778.38	-669.55	-160.47	-694.32
Sale of Property, Plant & Equipment	63.09	49.77	480	2,834	200.64
Investment in Securities	424.45	-583.29	3,790	305.34	-63.51
Other Investing Activities	0	-	-	-0	5
Investing Cash Flow	-529.16	-1,312	3,601	2,979	-552.18
Short-Term Debt Issued	10,685	-	-	-	4,867
Total Debt Issued	10,685	-	-	-	4,867
Short-Term Debt Repaid	-11,685	-1,000	-5,249	-4,376	-
Long-Term Debt Repaid	-1,103	-3,494	-881.43	-	-600
Total Debt Repaid	-12,787	-4,494	-6,131	-4,376	-600
Net Debt Issued (Repaid)	-2,103	-4,494	-6,131	-4,376	4,267
Other Financing Activities	-19.64	-	-	-	-
Financing Cash Flow	-2,123	-4,494	-6,131	-4,376	4,267
Foreign Exchange Rate Adjustments	-	2.55	-7.49	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-	-0
Net Cash Flow	-626.68	-326.11	1,093	215.36	-162
Free Cash Flow	1,008	4,699	2,960	1,451	-4,572
Free Cash Flow Growth	-78.54%	58.74%	103.96%	-	-
Free Cash Flow Margin	2.53%	9.94%	5.50%	2.67%	-10.09%
Free Cash Flow Per Share	-	421.61	265.60	130.22	-410.21
Cash Interest Paid	65.92	252.94	436.45	457.65	280.86
Cash Income Tax Paid	17.46	8.2	12.66	-1.94	-3.16
Levered Free Cash Flow	1,057	4,510	3,117	1,991	-3,972
Unlevered Free Cash Flow	1,096	4,661	3,389	2,279	-3,796
Change in Working Capital	1,146	3,361	311.13	856.15	-4,521

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