Miraeasset Maps REIT 1 Cash Flow Statement

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

Millions KRW. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	Nov '24 Nov 30, 2024	May '24 May 31, 2024	Nov '23 Nov 30, 2023
Net Income	521.67	3,476	3,069	3,667	11,162
Depreciation & Amortization	3,390	3,371	3,390	3,390	3,390
Loss (Gain) From Sale of Investments	-158.94	-160.3	205.16	-130.52	-
Other Operating Activities	875.85	2,603	1,406	1,505	1,429
Change in Unearned Revenue	-1,005	-999.79	-1,005	-1,005	-1,005
Change in Other Net Operating Assets	69.48	-1,590	-2,299	-891.16	-9,565
Operating Cash Flow	3,692	6,701	4,765	6,534	5,411
Operating Cash Flow Growth	-44.90%	40.63%	-27.07%	20.76%	-18.35%
Investment in Securities	5,349	-8,000	1,153	-31,284	-2,000
Investing Cash Flow	5,349	-8,000	1,153	-31,284	-2,000
Total Debt Issued	-	307,440	-	-	-
Total Debt Repaid	-	-302,000	-	-	-
Net Debt Issued (Repaid)	-	5,440	-	-	-
Issuance of Common Stock	-	-	-	25,827	-
Dividends Paid	-6,847	-6,599	-7,599	-5,467	-6,191
Financing Cash Flow	-6,847	-1,159	-7,599	20,359	-6,191
Miscellaneous Cash Flow Adjustments	-0	0	0	0	0
Net Cash Flow	2,194	-2,458	-1,680	-4,391	-2,780
Free Cash Flow	3,692	6,701	4,765	6,534	5,411
Free Cash Flow Growth	-44.90%	40.63%	-27.07%	20.76%	-18.35%
Free Cash Flow Margin	26.67%	47.95%	34.61%	49.85%	24.80%
Free Cash Flow Per Share	141.56	269.86	189.41	274.43	269.52
Cash Interest Paid	6,888	3,589	3,624	3,610	3,674
Cash Income Tax Paid	7.82	-23.81	96.27	13.7	11.34
Levered Free Cash Flow	3,457	4,100	3,571	334.82	5,515
Unlevered Free Cash Flow	8,315	7,955	6,775	3,525	8,697
Change in Working Capital	-935.8	-2,590	-3,305	-1,896	-10,570