Daehan Steel 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	8,074	14,697	37,523	72,000	125,573	141,578
Depreciation & Amortization	29,435	29,435	27,831	34,541	30,104	33,197
Loss (Gain) From Sale of Assets	-67.54	-67.54	-606.88	-567.53	406.71	-9,644
Asset Writedown & Restructuring Costs	7.62	7.62	2.33	-1.67	25.67	22.47
Loss (Gain) From Sale of Investments	-6,413	-6,413	-6,564	-1,828	-4,004	-2,438
Loss (Gain) on Equity Investments	-9,392	-9,392	-14,526	-19,915	-10,112	-11,481
Stock-Based Compensation	-	-	-	-	425.54	-
Provision & Write-off of Bad Debts	-308.15	-308.15	248.95	59.08	1,593	-109.57
Other Operating Activities	-53,427	4,445	-7,276	-21,702	16,051	67,067
Change in Accounts Receivable	6,797	6,797	11,561	86,111	43,625	-86,796
Change in Inventory	-34,154	-34,154	22,421	4,749	-2,041	-74,864
Change in Accounts Payable	44,687	44,687	-28,432	-62,260	-152,383	160,024
Change in Income Taxes	-4.85	-4.85	-4.36	-547.45	-90.54	-
Change in Other Net Operating Assets	-9,511	-9,511	-25,225	-28,543	23,987	-68,990
Operating Cash Flow	-24,876	39,618	16,953	62,095	73,160	147,565
Operating Cash Flow Growth	-	133.70%	-72.70%	-15.13%	-50.42%	-25.52%
Capital Expenditures	-21,033	-24,167	-32,449	-28,270	-48,088	-46,787
Sale of Property, Plant & Equipment	383.9	363.67	6,827	295.55	495.67	923.08
Cash Acquisitions	-27,952	-27,952	-3,876	-	-	732.47
Divestitures	-	-	-	4,813	-	-
Sale (Purchase) of Intangibles	-725.89	-1,189	-6,280	-1,625	-18.33	-633.52
Investment in Securities	91,936	-1,483	-20,150	-11,793	133,327	-126,824
Other Investing Activities	408.21	231.33	9,460	1,135	15,666	91,058
Investing Cash Flow	42,670	-54,790	-46,633	-34,738	101,637	-81,142
Short-Term Debt Issued	-	27,380	12,212	11,424	76,037	33,142
Long-Term Debt Issued	-	5,715	6,715	-	9,500	25,100
Total Debt Issued	32,804	33,095	18,927	11,424	85,537	58,242
Short-Term Debt Repaid	-	-32,419	-5,981	-33,850	-71,572	-20,576
Long-Term Debt Repaid	-	-8,174	-5,249	-5,051	-8,149	-26,786
Total Debt Repaid	-43,340	-40,593	-11,230	-38,901	-79,721	-47,361
Net Debt Issued (Repaid)	-10,536	-7,499	7,698	-27,477	5,816	10,881
Repurchase of Common Stock	-4,469	-13,647	-6,345	-14,991	-64,991	-
Dividends Paid	-8,530	-8,530	-8,723	-14,482	-8,629	-6,472
Other Financing Activities	313.53	593.92	361.5	100	7,528	8,023
Financing Cash Flow	-23,221	-29,082	-7,009	-56,850	-60,276	12,432
Foreign Exchange Rate Adjustments	1,667	150.13	2,172	1,065	1,131	456.83
Net Cash Flow	-3,761	-44,104	-34,517	-28,429	115,652	79,312
Free Cash Flow	-45,909	15,452	-15,496	33,824	25,072	100,779
Free Cash Flow Growth	-	-	-	34.91%	-75.12%	-33.04%
Free Cash Flow Margin	-3.64%	1.24%	-1.26%	2.34%	1.17%	4.96%
Free Cash Flow Per Share	-1678.36	567.42	-535.39	1132.78	793.68	2811.30
Cash Interest Paid	1,189	1,286	1,342	478.62	2,014	819.72
Cash Income Tax Paid	7,938	8,800	22,512	55,111	63,996	26,113
Levered Free Cash Flow	-52,867	4,320	-82,951	54,454	50,665	88,162
Unlevered Free Cash Flow	-51,810	5,377	-82,023	55,599	52,638	88,950
Change in Working Capital	7,215	7,215	-19,679	-490.8	-86,902	-70,627