CHOSUN WELDING POHANG 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 2023	FY 2022	FY 2021
Period Ending	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	9,376	16,275	13,005	10,522	14,543
Depreciation & Amortization	1,992	1,337	1,346	1,411	1,469
Loss (Gain) From Sale of Assets	-	-	-4.53	-0.09	-46.38
Loss (Gain) From Sale of Investments	-1,107	-2,037	-933.85	1,231	46.59
Other Operating Activities	-79.06	-1,687	1,061	-1,116	-124.3
Change in Accounts Receivable	-986.65	3,307	1,737	-3,106	-117.81
Change in Inventory	1,752	-5,727	6,135	-980.79	-6,462
Change in Accounts Payable	513.47	67.14	-161.91	-887.42	926.44
Change in Unearned Revenue	-	-	-	-	-10.6
Change in Other Net Operating Assets	-2,372	-99.68	-1,007	-997.71	-180.39
Operating Cash Flow	9,089	11,436	21,177	6,076	10,044
Operating Cash Flow Growth	-20.52%	-46.00%	248.53%	-39.50%	-21.07%
Capital Expenditures	-627.78	-77.43	-109.67	-271.65	-489.26
Sale of Property, Plant & Equipment	-	-	3.3	-	46.86
Sale (Purchase) of Intangibles	-	-	-	-48.44	-11.16
Investment in Securities	5,099	-8,806	-46,334	-4,123	-17,314
Other Investing Activities	348.4	-313.48	-734.02	3,014	-291.77
Investing Cash Flow	5,040	-7,023	-47,174	-1,429	-18,059
Long-Term Debt Repaid	-1,573	-795.75	-688.08	-644.7	-604.96
Total Debt Repaid	-1,573	-795.75	-688.08	-644.7	-604.96
Net Debt Issued (Repaid)	-1,573	-795.75	-688.08	-644.7	-604.96
Repurchase of Common Stock	-1,824	-4,818	-874.81	-508.51	-3,227
Dividends Paid	-475.04	-500.02	-1,514	-1,521	-1,566
Financing Cash Flow	-3,872	-6,114	-3,076	-2,674	-5,398
Foreign Exchange Rate Adjustments	-148.8	1,510	-481.93	-263.93	2,829
Miscellaneous Cash Flow Adjustments	-0	-	-0	-0	-
Net Cash Flow	10,109	-189.89	-29,556	1,709	-10,583
Free Cash Flow	8,462	11,359	21,067	5,805	9,555
Free Cash Flow Growth	-25.51%	-46.08%	262.95%	-39.25%	-19.88%
Free Cash Flow Margin	16.35%	22.31%	31.63%	8.67%	14.02%
Free Cash Flow Per Share	-	11578.66	20949.44	5750.91	9272.22
Cash Interest Paid	-	35.53	30.39	12.87	10.61
Cash Income Tax Paid	3,818	3,117	3,054	4,951	1,477
Levered Free Cash Flow	4,964	5,221	15,076	69.57	6,643
Unlevered Free Cash Flow	4,995	5,244	15,095	77.62	6,649
Change in Working Capital	-1,093	-2,453	6,704	-5,972	-5,844

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