KT Corporation 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	1,543,446	1,731,038	470,286	1,009,861	1,260,470	1,356,878
Depreciation & Amortization	3,928,328	3,937,367	3,929,548	3,752,481	3,562,544	3,647,354
Other Amortization	-	-	-	115,317	148,122	-
Loss (Gain) From Sale of Assets	18,135	11,387	-21,783	-26,178	-277,493	41,371
Asset Writedown & Restructuring Costs	58,444	58,449	245,060	243,977	46,768	5,873
Loss (Gain) From Sale of Investments	90,073	95,351	84,326	4,714	4,465	-94,668
Loss (Gain) on Equity Investments	-43,053	-23,463	-27,351	44,323	16,821	-116,061
Provision & Write-off of Bad Debts	133,882	140,636	184,942	175,244	132,102	105,344
Other Operating Activities	774,880	766,245	132,127	430,043	500,358	584,089
Change in Accounts Receivable	-16,486	-181,305	-79,503	-124,023	-43,787	327,031
Change in Inventory	480,776	729,522	-29,225	-249,923	-179,255	32,798
Change in Accounts Payable	545,311	135,092	-233,799	121,515	-368,355	289,044
Change in Unearned Revenue	-417	-464	-1,900	905	-384	3,696
Change in Other Net Operating Assets	-2,551,691	-2,458,122	413,068	5,033	-1,205,311	-620,915
Operating Cash Flow	4,961,628	4,941,733	5,065,796	5,503,289	3,597,065	5,561,834
Operating Cash Flow Growth	8.29%	-2.45%	-7.95%	52.99%	-35.33%	17.34%
Capital Expenditures	-2,782,075	-3,596,748	-2,925,928	-3,692,972	-3,439,857	-3,495,021
Sale of Property, Plant & Equipment	47,836	58,629	103,481	100,348	182,663	174,413
Cash Acquisitions	-3	-3	-10,310	-51,561	-41,088	-671,359
Divestitures	103,049	177,286	9,847	46,642	6,754	39,340
Sale (Purchase) of Intangibles	-448,651	-438,290	-431,698	-471,607	-525,102	-740,557
Investment in Securities	-766,772	-704,010	404,760	-571,824	-1,020,613	-441,153
Other Investing Activities	-107,129	4,256	-	4,352	-1,993	-3,943
Investing Cash Flow	-3,964,042	-4,518,311	-2,845,437	-4,620,508	-4,838,643	-5,137,474
Long-Term Debt Issued	-	5,749,966	4,597,704	5,381,231	4,234,570	2,899,567
Long-Term Debt Repaid	-	-5,735,769	-5,147,103	-5,682,164	-3,221,933	-2,393,740
Net Debt Issued (Repaid)	-664,690	14,197	-549,399	-300,933	1,012,637	505,827
Repurchase of Common Stock	-202,803	-250,000	-27,100	-308,074	-	-193,626
Common Dividends Paid	-	-	-	-526,826	-450,393	-350,334
Dividends Paid	-577,806	-577,806	-872,350	-526,826	-450,393	-350,334
Other Financing Activities	173,452	182,153	58,796	683,041	107,087	-3,149
Financing Cash Flow	-1,271,847	-631,456	-1,390,053	-452,792	669,331	-41,282
Foreign Exchange Rate Adjustments	1,381	-1,675	6,820	503	1,717	1,890
Net Cash Flow	-272,880	-209,709	837,126	430,492	-570,530	384,968
Free Cash Flow	2,179,553	1,344,985	2,139,868	1,810,317	157,208	2,066,813
Free Cash Flow Growth	156.93%	-37.15%	18.20%	1051.54%	-92.39%	34.89%
Free Cash Flow Margin	7.74%	4.76%	8.10%	6.86%	0.61%	8.30%
Free Cash Flow Per Share	9007.27	5532.84	8698.49	7253.18	648.74	8769.37
Cash Interest Paid	402,126	402,713	394,162	361,741	263,520	257,809
Cash Income Tax Paid	447,806	396,765	350,575	303,766	351,212	356,466
Levered Free Cash Flow	1,286,508	831,622	1,549,901	463,231	-151,045	446,889
Unlevered Free Cash Flow	1,515,973	1,060,392	1,784,067	685,947	32,614	611,507
Change in Working Capital	-1,542,507	-1,775,277	68,641	-246,493	-1,797,092	31,654