HDC Labs 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	12,263	18,976	13,163	12,431	9,091
Depreciation & Amortization	6,339	7,905	7,478	7,228	1,400
Loss (Gain) From Sale of Assets	-40.32	-7.63	0.27	230.08	-10.85
Asset Writedown & Restructuring Costs	-	1,288	-	-	-603.45
Loss (Gain) From Sale of Investments	-1,034	-386.08	33.69	1,955	170.22
Loss (Gain) on Equity Investments	-	-9,981	282.75	318.22	874.57
Provision & Write-off of Bad Debts	-213.64	2,838	204.39	-194.75	76.35
Other Operating Activities	15,728	16,416	16,387	15,328	9,989
Change in Accounts Receivable	26,594	-11,428	-3,662	-19,663	4,601
Change in Inventory	1,121	811.63	180.61	-971.68	-1,516
Change in Accounts Payable	-11,065	-4,506	7,327	-17,118	23,125
Change in Other Net Operating Assets	6,859	-15,326	-18,093	-27,702	-24,544
Operating Cash Flow	56,552	6,600	23,301	-28,159	22,653
Operating Cash Flow Growth	756.83%	-71.67%	-	-	205.41%
Capital Expenditures	-1,456	-959.4	-1,260	-4,023	-308.31
Sale of Property, Plant & Equipment	26.64	13.77	41.59	18.78	10.91
Cash Acquisitions	-691.09	-13,262	-	-	44,773
Sale (Purchase) of Intangibles	-790.18	-1,085	-2,788	-2,262	-95.55
Investment in Securities	-42,383	37,940	-42,458	17,267	42,071
Other Investing Activities	2,772	-99.82	-875.45	-513.66	-2,812
Investing Cash Flow	-42,313	22,860	-26,392	-9,236	83,639
Long-Term Debt Repaid	-920.93	-3,572	-3,646	-3,736	-542.92
Total Debt Repaid	-920.93	-3,572	-3,646	-3,736	-542.92
Net Debt Issued (Repaid)	-920.93	-3,572	-3,646	-3,736	-542.92
Repurchase of Common Stock	-	-0.91	-	-9,890	-8,015
Dividends Paid	-10,228	-10,200	-10,200	-10,648	-6,034
Other Financing Activities	-0	-110	10	1,520	-0
Financing Cash Flow	-11,149	-13,883	-13,836	-22,753	-14,592
Foreign Exchange Rate Adjustments	-0.09	0.67	0.33	4.63	12.4
Net Cash Flow	3,090	15,578	-16,926	-60,143	91,712
Free Cash Flow	55,096	5,641	22,042	-32,181	22,344
Free Cash Flow Growth	876.75%	-74.41%	-	-	218.56%
Free Cash Flow Margin	8.53%	0.90%	3.64%	-5.27%	8.14%
Free Cash Flow Per Share	2399.20	245.54	959.39	-1392.26	1456.71
Cash Interest Paid	2,146	267.68	343.84	396.76	22.73
Cash Income Tax Paid	4,553	5,337	3,435	4,620	-166.36
Levered Free Cash Flow	58,883	-2,246	24,824	-59,744	17,812
Unlevered Free Cash Flow	60,226	-2,079	25,039	-59,496	17,826
Change in Working Capital	23,510	-30,448	-14,248	-65,455	1,666

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.