HL Holdings 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	10,800	19,826	50,476	3,096	106,245	44,050
Depreciation & Amortization	46,952	44,738	37,970	40,780	39,812	27,363
Loss (Gain) From Sale of Assets	-356.42	-1,026	-2,278	48,545	352.22	847.75
Asset Writedown & Restructuring Costs	39,314	39,308	-	-	763.71	1,173
Loss (Gain) From Sale of Investments	-1,350	-227.16	38.93	-1,952	-819.11	-42.98
Loss (Gain) on Equity Investments	-34,259	-40,446	-59,889	-46,591	-115,250	-59,539
Provision & Write-off of Bad Debts	1,122	1,250	9,302	2,428	-63.37	-109.09
Other Operating Activities	-7,456	-3,764	1,200	22,946	58,250	35,525
Change in Accounts Receivable	41,296	-25,542	-3,706	-41,384	-56,442	-6,970
Change in Inventory	-6,072	3,984	12,967	-28,409	-10,098	-9,613
Change in Accounts Payable	-51,441	22,261	4,718	51,623	60,143	6,953
Change in Other Net Operating Assets	-16,562	3,005	-18,459	-2,140	1,829	-16,430
Operating Cash Flow	21,988	63,369	32,340	48,943	84,722	23,207
Operating Cash Flow Growth	-70.78%	95.95%	-33.92%	-42.23%	265.07%	-49.26%
Capital Expenditures	-14,029	-19,171	-30,397	-24,947	-22,811	-10,592
Sale of Property, Plant & Equipment	1,386	11,146	4,867	127,423	27.98	3,617
Divestitures	-25,635	-25,635	-	-	-	-
Sale (Purchase) of Intangibles	-9,707	-2,883	-1,701	-2,097	-750.2	-26,867
Investment in Securities	-9,796	-28,939	52,188	-55,308	-38,509	-12,084
Other Investing Activities	0	1,211	4,262	17,562	6,307	-6,307
Investing Cash Flow	-57,356	-63,925	28,325	58,660	-55,358	-52,491
Short-Term Debt Issued	-	221,707	95,289	36,922	3,759	120,350
Long-Term Debt Issued	-	304,422	120,000	43,356	206,000	241,118
Total Debt Issued	403,319	526,129	215,289	80,278	209,759	361,469
Short-Term Debt Repaid	-	-211,313	-21,259	-19,310	-11,752	-59,844
Long-Term Debt Repaid	-	-372,717	-192,589	-171,991	-175,136	-212,246
Total Debt Repaid	-459,200	-584,030	-213,847	-191,301	-186,888	-272,090
Net Debt Issued (Repaid)	-55,882	-57,901	1,442	-111,023	22,871	89,379
Repurchase of Common Stock	-16,014	-7,000	-	-4,522	-9,958	-9,892
Dividends Paid	-18,706	-19,149	-19,564	-19,823	-20,240	-20,944
Other Financing Activities	-1,043	-1,047	-108.44	0	2,477	-802.54
Financing Cash Flow	-91,644	-85,096	-18,231	-135,367	-4,850	57,740
Foreign Exchange Rate Adjustments	641.63	6,237	-6,284	-1,551	2,269	84.36
Miscellaneous Cash Flow Adjustments	0	0	-0	0	-	0
Net Cash Flow	-126,371	-79,415	36,150	-29,315	26,783	28,540
Free Cash Flow	7,958	44,197	1,943	23,996	61,911	12,615
Free Cash Flow Growth	-79.30%	2175.10%	-91.90%	-61.24%	390.79%	-44.67%
Free Cash Flow Margin	0.59%	3.22%	0.15%	1.88%	5.95%	1.71%
Free Cash Flow Per Share	852.85	4651.86	201.57	2430.13	6136.44	1230.68
Cash Interest Paid	49,445	49,241	38,446	26,326	23,225	21,667
Cash Income Tax Paid	10,766	7,755	21,133	18,727	-4,512	2,814
Levered Free Cash Flow	8,164	67,440	27,586	33,287	125,856	-5,451
Unlevered Free Cash Flow	33,590	92,866	50,410	53,894	144,296	12,415
Change in Working Capital	-32,779	3,708	-4,479	-20,310	-4,568	-26,061

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