Fine besteel. Cash Flow Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-15,787	-27,502	-17,236	-2,599
Depreciation & Amortization	9,029	9,029	8,634	7,850
Loss (Gain) From Sale of Assets	16.37	16.37	-0.13	-0.05
Asset Writedown & Restructuring Costs	1,753	1,753	-	-
Loss (Gain) From Sale of Investments	-9.93	-9.93	870.36	-
Stock-Based Compensation	-145.33	-145.33	389.01	-
Provision & Write-off of Bad Debts	-5,372	-5,372	6,759	201.58
Other Operating Activities	2,719	2,877	-6,741	128.44
Change in Accounts Receivable	14,607	14,607	-8,103	7,047
Change in Inventory	15,861	15,861	12,864	-7,434
Change in Accounts Payable	-1,950	-1,950	-3,375	-1,885
Change in Other Net Operating Assets	-15,566	-2,102	-447.92	3,036
Operating Cash Flow	5,156	7,062	-6,386	6,346
Capital Expenditures	-1,742	-2,227	-6,574	-1,529
Sale of Property, Plant & Equipment	6,459	133.32	-	-
Cash Acquisitions	-1,170	-1,170	-2,056	-
Sale (Purchase) of Intangibles	-28	-	-13.46	-
Investment in Securities	3,584	89.87	-4,964	348.52
Other Investing Activities	649.15	606.76	-155.52	-508.55
Investing Cash Flow	7,752	2,566	-16,275	-1,687
Short-Term Debt Issued	-	46,123	44,339	88,357
Long-Term Debt Issued	-	713	16,931	-
Total Debt Issued	91,263	46,836	61,271	88,357
Short-Term Debt Repaid	-	-50,576	-31,713	-87,352
Long-Term Debt Repaid	-	-4,399	-7,857	-2,473
Total Debt Repaid	-94,679	-54,975	-39,570	-89,825
Net Debt Issued (Repaid)	-3,417	-8,139	21,701	-1,468
Issuance of Common Stock	-	999.71	-	-
Other Financing Activities	-6.13	81.19	-2.29	0
Financing Cash Flow	-3,428	-7,058	21,698	-1,468
Miscellaneous Cash Flow Adjustments	-	-	0	-0
Net Cash Flow	9,480	2,570	-962.13	3,191
Free Cash Flow	3,414	4,835	-12,960	4,817
Free Cash Flow Margin	2.04%	4.06%	-9.80%	3.45%
Free Cash Flow Per Share	109.55	157.78	-433.90	162.22
Cash Interest Paid	4,801	5,241	4,660	3,123
Cash Income Tax Paid	-	33.69	1.78	525.91
Levered Free Cash Flow	1,029	17,858	-4,997	-
Unlevered Free Cash Flow	5,557	22,386	-981.75	-
Change in Working Capital	12,952	26,416	939.07	765.11

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