Hanil Cement 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	78,039	184,052	170,155	78,793	78,642	95,016
Depreciation & Amortization	80,178	75,224	60,578	58,829	58,616	49,371
Loss (Gain) From Sale of Assets	1,523	-6,592	-586.53	-1,093	-1,206	22.13
Asset Writedown & Restructuring Costs	5,322	5,322	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	-154.92	-154.1
Provision & Write-off of Bad Debts	14,226	4,507	5,587	342.65	-82.71	-76.03
Other Operating Activities	-1,863	-1,109	14,007	2,757	12,574	11,748
Change in Accounts Receivable	66,187	46,598	-45,894	-67,847	-945.85	22,118
Change in Inventory	15,516	-22,586	8,631	-41,530	-7,309	16,070
Change in Accounts Payable	-30,734	-18,691	23,330	-2,799	-6,239	-33,986
Change in Unearned Revenue	-	-	2,205	-	-	-6,859
Change in Other Net Operating Assets	-31,199	-22,004	8,252	-28,375	-28,451	-5,071
Operating Cash Flow	197,197	244,721	246,265	-923.1	105,444	148,199
Operating Cash Flow Growth	-23.92%	-0.63%	-	-	-28.85%	23.36%
Capital Expenditures	-175,387	-173,099	-206,521	-110,698	-59,373	-39,345
Sale of Property, Plant & Equipment	3,401	1,978	3,643	2,191	4,554	4,061
Cash Acquisitions	-	-	-25,343	-	-	1,656
Divestitures	-	-	-	-	-	26,906
Sale (Purchase) of Intangibles	340.27	-37.32	-4,687	-27.28	-57.99	592.43
Investment in Securities	-11,825	-38,019	-27,000	168,737	65,527	-108,888
Other Investing Activities	13,434	21,293	5,381	6,598	-6,336	-0
Investing Cash Flow	-170,036	-187,885	-254,526	66,800	4,314	-115,018
Short-Term Debt Issued	-	56,476	40,664	94,000	-	23,400
Long-Term Debt Issued	-	134,386	292,201	121,743	151,656	59,081
Total Debt Issued	373,002	190,863	332,865	215,743	151,656	82,481
Short-Term Debt Repaid	-	-80,224	-96,768	-137,004	-119,309	-43,400
Long-Term Debt Repaid	-	-63,959	-113,609	-77,025	-107,121	-102,676
Total Debt Repaid	-386,945	-144,183	-210,378	-214,029	-226,430	-146,076
Net Debt Issued (Repaid)	-13,943	46,680	122,488	1,714	-74,774	-63,595
Issuance of Common Stock	-	-	-	61,359	-	-
Repurchase of Common Stock	-	-	-	-	-	-21,620
Dividends Paid	-73,126	-59,018	-43,264	-40,331	-36,922	-19,480
Other Financing Activities	-	-12,939	0.48	-174.1	-141.04	-30.11
Financing Cash Flow	-87,069	-25,277	79,224	22,568	-111,837	-104,724
Foreign Exchange Rate Adjustments	-	-	-	-8.84	1.11	-55.04
Miscellaneous Cash Flow Adjustments	0	-	-0	-	0	-
Net Cash Flow	-59,909	31,559	70,963	88,436	-2,078	-71,598
Free Cash Flow	21,809	71,622	39,744	-111,621	46,070	108,854
Free Cash Flow Growth	-62.76%	80.21%	-	-	-57.68%	22.59%
Free Cash Flow Margin	1.45%	4.11%	2.21%	-7.50%	3.62%	11.17%
Free Cash Flow Per Share	314.87	1034.08	573.82	-1612.74	690.88	2098.47
Cash Interest Paid	27,436	29,733	25,889	16,641	16,843	38,232
Cash Income Tax Paid	52,126	67,485	45,446	31,043	41,527	12,371
Levered Free Cash Flow	40,126	48,707	-31,599	-120,420	5,115	176,572
Unlevered Free Cash Flow	56,814	65,873	-16,859	-110,420	15,848	184,752
Change in Working Capital	19,770	-16,683	-3,476	-140,552	-42,945	-7,728

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.