Celltrion 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	1,267,092	1,029,613	422,692	535,648	537,836	579,465
Depreciation & Amortization	293,119	287,528	418,250	245,827	226,390	214,160
Loss (Gain) From Sale of Assets	-127.6	-90.56	-44,162	-1,961	880.05	-23,919
Asset Writedown & Restructuring Costs	642.61	613.71	151.4	3,823	10,622	57,233
Loss (Gain) From Sale of Investments	22,320	6,150	56,785	-12,833	-837.66	-9,998
Loss (Gain) on Equity Investments	9,362	17,420	3,429	12,681	-15,682	4,973
Stock-Based Compensation	38,736	38,699	45,220	27,767	25,726	22,046
Provision & Write-off of Bad Debts	2,828	3,185	1,028	-5,080	7,511	-234.82
Other Operating Activities	-183,376	-242,104	19,809	-47,297	-43,443	67,826
Change in Accounts Receivable	-370,007	-344,152	-173,942	-296,000	-682,926	109,325
Change in Inventory	-57,209	-134,983	224,605	57,252	-214,976	-267,775
Change in Accounts Payable	-267,002	-149,150	-144,175	-2,193	53,569	44,082
Change in Other Net Operating Assets	14,380	133,321	72,181	19,525	96,194	113,977
Operating Cash Flow	770,757	646,051	901,870	537,159	863.53	911,159
Operating Cash Flow Growth	-21.21%	-28.37%	67.90%	62104.83%	-99.91%	159.78%
Capital Expenditures	-114,237	-108,224	-135,059	-210,046	-111,169	-63,379
Sale of Property, Plant & Equipment	46.56	29.62	38.76	11.51	3.46	13.43
Cash Acquisitions	-535,827	-535,827	-28,688	374,154	-3,487	-
Divestitures	-	-	-	-	17,488	-
Sale (Purchase) of Intangibles	-256,442	-222,953	-195,257	-141,006	-200,807	-230,364
Investment in Securities	-51,177	-11,887	-30,382	-185,530	-39,370	-57,031
Other Investing Activities	19,500	18,439	219,957	23,552	40,289	-5,065
Investing Cash Flow	-938,136	-860,422	-169,389	-138,865	-297,051	-355,825
Long-Term Debt Issued	-	3,386,234	2,137,423	827,708	180,789	207,425
Long-Term Debt Repaid	-	-1,912,520	-1,891,452	-205,722	-135,168	-243,017
Net Debt Issued (Repaid)	1,571,949	1,473,714	245,971	621,986	45,622	-35,592
Issuance of Common Stock	21,494	11,930	21,130	7,359	9,862	21,486
Repurchase of Common Stock	-681,864	-908,401	-438,817	-918,847	-280,549	-39,126
Dividends Paid	-153,764	-153,764	-103,604	-51,664	-102,451	-3.78
Other Financing Activities	-94,577	-84,157	-77,724	-43,949	-22,703	-16,041
Financing Cash Flow	663,238	339,322	-353,044	-385,115	-350,219	-69,278
Foreign Exchange Rate Adjustments	-36,242	-2,175	52,382	245.97	9,268	17,976
Miscellaneous Cash Flow Adjustments	-0	-0	0	-	-	-
Net Cash Flow	459,617	122,776	431,819	13,425	-637,139	504,032
Free Cash Flow	656,520	537,827	766,812	327,112	-110,305	847,780
Free Cash Flow Growth	-23.07%	-29.86%	134.42%	-	-	221.45%
Free Cash Flow Margin	14.70%	12.92%	21.56%	15.03%	-4.83%	44.78%
Free Cash Flow Per Share	2842.36	2318.06	3241.91	1998.87	-668.27	5080.29
Cash Interest Paid	93,317	82,804	75,215	41,769	22,667	16,022
Cash Income Tax Paid	366,063	443,878	144,824	154,144	217,041	135,943
Levered Free Cash Flow	20,777	171,785	513,066	-1,492,010	-139,951	508,991
Unlevered Free Cash Flow	73,997	218,952	560,299	-1,485,970	-135,259	514,135
Change in Working Capital	-679,838	-494,964	-21,331	-221,416	-748,139	-390.66