HD Hyundai Infracore 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	137,265	108,372	230,720	229,771	461,535	148,834
Depreciation & Amortization	152,580	156,605	151,576	151,737	219,937	287,432
Loss (Gain) From Sale of Assets	-5,201	-130	-477	641	-130	-1,694
Asset Writedown & Restructuring Costs	3,832	4,924	-746	891	17,606	5,083
Loss (Gain) From Sale of Investments	182	208	7,623	52	-14,742	-569
Loss (Gain) on Equity Investments	175	266	51	93	-6,503	3,158
Provision & Write-off of Bad Debts	-5,101	-7,021	-7,264	5,547	5,519	-7,444
Other Operating Activities	118,071	38,328	170,472	-71,386	96,185	326,891
Change in Accounts Receivable	-60,214	177,772	303,514	33,144	-157,504	224,503
Change in Inventory	71,785	88,449	-88,814	-265,724	-270,922	263,734
Change in Accounts Payable	130,408	28,092	-273,443	21,553	54,867	-151,662
Change in Other Net Operating Assets	-158,603	-152,586	-45,678	-89,630	-204,039	-47,419
Operating Cash Flow	385,179	443,279	447,534	16,689	201,809	1,050,847
Operating Cash Flow Growth	-14.28%	-0.95%	2581.54%	-91.73%	-80.80%	85.20%
Capital Expenditures	-144,703	-131,731	-116,467	-89,538	-119,790	-221,574
Sale of Property, Plant & Equipment	19,191	5,136	5,884	4,064	5,698	8,574
Cash Acquisitions	0	1,638	-	-4,085	-	-
Divestitures	-	-	389.27	-	-	-
Sale (Purchase) of Intangibles	-40,573	-38,448	-27,947	-27,660	-34,460	-90,643
Investment in Securities	-5,134	-5,134	15,584	26,119	41,806	-168,788
Other Investing Activities	4,901	2.41	780.51	207.87	-69,521	-2,673
Investing Cash Flow	-165,118	-172,036	-121,776	-90,892	-176,252	-503,165
Short-Term Debt Issued	-	-	9,309	-	-	345,269
Long-Term Debt Issued	-	1,468,760	482,240	837,949	1,057,996	1,706,769
Total Debt Issued	1,216,692	1,468,760	491,548	837,949	1,057,996	2,052,038
Short-Term Debt Repaid	-	-89,594	-	-101,769	-362,226	-
Long-Term Debt Repaid	-	-1,575,481	-831,110	-950,980	-771,725	-1,643,196
Total Debt Repaid	-1,301,878	-1,665,075	-831,110	-1,052,749	-1,133,950	-1,643,196
Net Debt Issued (Repaid)	-85,186	-196,314	-339,561	-214,800	-75,954	408,842
Issuance of Common Stock	-	-	-	1,666	945,844	49,540
Repurchase of Common Stock	-31,397	-56,000	-	-	-1,101	-
Dividends Paid	-13,447	-21,949	-47,889	-	-	-29,444
Other Financing Activities	0.3	-0	-17.37	-22.39	-299,683	0
Financing Cash Flow	-130,029	-274,263	-387,468	-213,156	569,106	428,938
Foreign Exchange Rate Adjustments	18,879	22,295	2,817	40,350	71,151	-69,334
Miscellaneous Cash Flow Adjustments	-0	-	-	0	-1,783,888	-0
Net Cash Flow	108,911	19,275	-58,893	-247,009	-1,118,076	907,286
Free Cash Flow	240,476	311,548	331,067	-72,849	82,019	829,272
Free Cash Flow Growth	-26.21%	-5.90%	-	-	-90.11%	175.76%
Free Cash Flow Margin	5.63%	7.57%	7.11%	-1.53%	1.79%	20.79%
Free Cash Flow Per Share	1260.53	1599.07	1661.41	-366.06	946.16	12553.12
Cash Interest Paid	55,372	59,072	69,369	72,744	118,605	143,307
Cash Income Tax Paid	43,111	105,044	41,883	234,778	106,023	110,745
Levered Free Cash Flow	195,382	294,254	286,116	-167,935	-35,322	432,706
Unlevered Free Cash Flow	228,029	329,860	329,520	-120,648	23,633	497,277
Change in Working Capital	-16,624	141,727	-104,421	-300,657	-577,598	289,156

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