Amorepacific 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	233,425	235,682	593,187	180,102	134,475	193,681
Depreciation & Amortization	263,911	268,074	257,414	251,833	288,618	361,880
Loss (Gain) From Sale of Assets	-5,850	-22,714	-2,584	-18,203	-10,157	12,843
Asset Writedown & Restructuring Costs	618	618	96,180	34,161	-1,975	51,010
Loss (Gain) From Sale of Investments	-9,164	-9,044	-12,728	-26,766	8,282	-3,372
Loss (Gain) on Equity Investments	581	767	-392,507	-38,592	-8,858	-928
Stock-Based Compensation	15,532	13,816	-	-	-	-
Other Operating Activities	84,521	84,071	-40,034	1,338	85,764	170,800
Change in Accounts Receivable	13,371	27,653	-53,290	-12,982	2,207	-3,356
Change in Inventory	-38,947	-13,565	-41,859	-10,544	55,178	-90,923
Change in Accounts Payable	19,535	13,830	-26,778	7,323	-53,356	-13,158
Change in Other Net Operating Assets	-51,244	-15,349	-42,491	-19,442	-349,154	12,958
Operating Cash Flow	526,289	583,840	334,510	348,228	151,024	691,434
Operating Cash Flow Growth	30.99%	74.54%	-3.94%	130.58%	-78.16%	24.73%
Capital Expenditures	-65,834	-64,618	-81,004	-134,545	-99,415	-91,210
Sale of Property, Plant & Equipment	9,113	893.05	846.76	27,937	7,124	7,503
Cash Acquisitions	-	-	-494,045	-	-175,585	44,874
Sale (Purchase) of Intangibles	-23,438	1,151	-20,512	-38,923	-35,507	-29,401
Investment in Securities	-207,233	-237,313	278,048	-82,768	210,148	-653,579
Other Investing Activities	7,240	4,539	4,495	42,133	24,721	13,397
Investing Cash Flow	-280,153	-295,348	-312,171	-186,166	-68,514	-708,415
Short-Term Debt Issued	-	4,187	61,985	40,823	45,370	17,070
Total Debt Issued	10,592	4,187	61,985	40,823	45,370	17,070
Short-Term Debt Repaid	-	-53,783	-27,992	-20,299	-22,790	-33,166
Long-Term Debt Repaid	-	-60,343	-65,043	-69,390	-105,601	-140,274
Total Debt Repaid	-97,950	-114,126	-93,035	-89,689	-128,391	-173,440
Net Debt Issued (Repaid)	-87,358	-109,939	-31,050	-48,865	-83,021	-156,370
Issuance of Common Stock	1,899	1,945	-	-	-	-
Repurchase of Common Stock	-15,040	-5,010	-10,907	-318.97	-2,484	-18,685
Common Dividends Paid	-92,286	-92,286	-63,110	-47,045	-68,148	-54,834
Other Financing Activities	-17,551	-17,131	6,237	-2,390	-897.62	3,909
Financing Cash Flow	-210,336	-222,421	-98,830	-98,619	-154,551	-225,981
Foreign Exchange Rate Adjustments	18,091	6,944	21,655	-6,661	-16,055	-13,073
Miscellaneous Cash Flow Adjustments	-0	-	0	-0	-0	0
Net Cash Flow	53,892	73,015	-54,836	56,781	-88,096	-256,035
Free Cash Flow	460,455	519,222	253,506	213,683	51,608	600,225
Free Cash Flow Growth	40.50%	104.82%	18.64%	314.05%	-91.40%	61.64%
Free Cash Flow Margin	10.66%	12.21%	6.53%	5.82%	1.25%	12.34%
Free Cash Flow Per Share	6674.68	7526.89	3675.56	3095.91	748.02	8734.23
Cash Interest Paid	16,055	17,844	17,787	15,036	11,472	9,899
Cash Income Tax Paid	91,426	90,930	87,286	53,423	124,916	17,547
Levered Free Cash Flow	442,655	546,579	382,640	37,984	39,808	556,974
Unlevered Free Cash Flow	456,688	560,612	400,266	48,172	47,473	564,105
Change in Working Capital	-57,285	12,569	-164,418	-35,645	-345,125	-94,479