Hanwha Engine 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 2022	FY 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	173,753	79,160	-40,272	-39,738	6,048
Depreciation & Amortization	18,196	15,324	16,019	17,691	18,229
Loss (Gain) From Sale of Assets	-1,088	-92.04	-0.55	276.46	20.7
Asset Writedown & Restructuring Costs	-	-	-2,369	9,812	-
Loss (Gain) From Sale of Investments	-	39.73	-	-2,187	-7.92
Loss (Gain) on Equity Investments	-111.83	-80.78	1,349	-10.28	79.47
Stock-Based Compensation	4,273	3,507	-	-	-
Provision & Write-off of Bad Debts	337.58	65.21	-40.36	-87.08	147.86
Other Operating Activities	-5,378	-64,986	-75,359	2,342	-21,098
Change in Accounts Receivable	-32,569	-48,431	-12,676	-29,782	46,085
Change in Inventory	13,209	1,105	-57,184	-52,690	82,426
Change in Accounts Payable	16,207	-41,791	8,511	20,210	-34,476
Change in Other Net Operating Assets	143,490	146,556	140,910	28,407	-13,655
Operating Cash Flow	330,319	90,376	-21,113	-45,756	83,800
Operating Cash Flow Growth	265.50%	-	-	-	-
Capital Expenditures	-33,290	-51,004	-9,041	-9,154	-2,856
Sale of Property, Plant & Equipment	-146.87	489.08	539.31	14.02	121.17
Sale (Purchase) of Intangibles	-4,760	-3,498	-637.53	-709.45	-634.43
Investment in Securities	-125,962	14,163	-45,444	2,706	7,116
Other Investing Activities	3,000	35,500	-	-	-
Investing Cash Flow	-161,120	-4,314	-54,509	-7,061	3,832
Short-Term Debt Issued	50,000	28,000	81,000	119,000	201,000
Long-Term Debt Issued	10,000	10,000	1,159	84,120	27,585
Total Debt Issued	60,000	38,000	82,159	203,120	228,585
Short-Term Debt Repaid	-80,000	-151,000	-84,202	-119,300	-238,600
Long-Term Debt Repaid	-2,265	-31,941	-10,415	-22,236	-53,269
Total Debt Repaid	-82,265	-182,941	-94,617	-141,536	-291,869
Net Debt Issued (Repaid)	-22,265	-144,941	-12,458	61,584	-63,284
Issuance of Common Stock	-	87,646	90,042	-	-
Repurchase of Common Stock	-	-	-120.88	-	-
Other Financing Activities	-	-	-711.24	-81.75	-
Financing Cash Flow	-22,265	-57,294	76,752	61,502	-63,284
Foreign Exchange Rate Adjustments	-3,227	1,402	-643.39	99.34	-188.85
Miscellaneous Cash Flow Adjustments	-0	-	-0	-0	0
Net Cash Flow	143,707	30,169	486.98	8,784	24,159
Free Cash Flow	297,029	39,372	-30,154	-54,910	80,944
Free Cash Flow Growth	654.42%	-	-	-	-
Free Cash Flow Margin	21.66%	3.28%	-3.95%	-9.17%	9.75%
Free Cash Flow Per Share	3540.34	481.46	-484.78	-1075.72	2047.78
Cash Interest Paid	2,551	7,111	8,763	7,207	12,563
Cash Income Tax Paid	912.16	1,159	65.56	54.18	43.81
Levered Free Cash Flow	97,306	-	-112,880	-89,240	73,578
Unlevered Free Cash Flow	99,368	-	-106,879	-84,073	82,446
Change in Working Capital	140,337	57,439	79,561	-33,856	80,381

Updated Aug 11, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.