Daesung Industrial 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	-60,896	6,458	-6,327	-11,884	-10,263
Depreciation & Amortization	43,853	45,253	46,657	46,617	22,181
Loss (Gain) From Sale of Assets	5,420	781.81	-3,069	-2,406	-15,749
Asset Writedown & Restructuring Costs	22,801	8,244	29,487	46,997	6,637
Loss (Gain) From Sale of Investments	12,809	4,980	2,319	-3,651	-6,624
Loss (Gain) on Equity Investments	-669.01	-934.62	-835.81	-1,162	-17,936
Provision & Write-off of Bad Debts	1,023	920.79	196.59	-528.7	664.78
Other Operating Activities	40,254	-5,146	-1,616	1,256	45,987
Change in Accounts Receivable	16,133	9,181	49,225	-35,203	-36,440
Change in Inventory	-10,550	6,456	10,332	-10,442	-18,374
Change in Accounts Payable	-28,150	-17,432	-51,112	25,373	36,267
Change in Other Net Operating Assets	-4,251	-7,664	-8,354	-13,062	-16,782
Operating Cash Flow	37,776	51,097	66,905	41,904	-22,279
Operating Cash Flow Growth	-26.07%	-23.63%	59.66%	-	-
Capital Expenditures	-19,439	-20,642	-17,208	-20,657	-24,299
Sale of Property, Plant & Equipment	6,597	249.88	121.96	372.23	28,905
Cash Acquisitions	-	-	-	-	-79,339
Sale (Purchase) of Intangibles	-371.47	-629.46	-786.78	-651	-1,086
Investment in Securities	3,578	-2,652	-9,357	-1,423	6,758
Other Investing Activities	2,089	3,727	8,100	30,836	148,092
Investing Cash Flow	-7,082	-19,619	-20,441	6,825	78,443
Short-Term Debt Issued	34,659	85,488	20,219	79,555	55,666
Long-Term Debt Issued	68,000	148,970	71,962	22,943	145,000
Total Debt Issued	102,659	234,458	92,181	102,497	200,666
Short-Term Debt Repaid	-18,838	-79,196	-24,865	-75,390	-147,154
Long-Term Debt Repaid	-103,016	-192,301	-117,925	-32,431	-21,205
Total Debt Repaid	-121,854	-271,496	-142,790	-107,821	-168,359
Net Debt Issued (Repaid)	-19,196	-37,038	-50,609	-5,324	32,307
Dividends Paid	-	-	-	-38.25	-
Other Financing Activities	-	-	-	-	-124,516
Financing Cash Flow	-19,196	-37,038	-50,609	-5,362	-92,210
Foreign Exchange Rate Adjustments	-124.39	693.24	-1.8	-615.44	96.39
Miscellaneous Cash Flow Adjustments	-	-	-	-	56,090
Net Cash Flow	11,374	-4,867	-4,147	42,751	20,140
Free Cash Flow	18,337	30,455	49,697	21,247	-46,578
Free Cash Flow Growth	-39.79%	-38.72%	133.90%	-	-
Free Cash Flow Margin	1.17%	2.06%	3.09%	1.14%	-4.13%
Free Cash Flow Per Share	473.82	784.96	1283.85	554.89	-1257.52
Cash Interest Paid	30,646	32,942	35,116	32,939	14,055
Cash Income Tax Paid	-4,956	1,133	-9,309	9,999	13,791
Levered Free Cash Flow	17,650	5,379	35,217	11,185	-39,704
Unlevered Free Cash Flow	36,947	27,072	58,180	32,884	-27,924
Change in Working Capital	-26,818	-9,460	91.37	-33,334	-35,329

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.