D&D platform REIT Cash Flow Statement

Financials in millions KRW. Fiscal year is April - March.

Millions KRW. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	2018 - 2022
Period Ending	Mar '25 Mar 31, 2025	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Sep '23 Sep 30, 2023	Mar '23 Mar 31, 2023	2018 - 2022
Net Income	8,134	5,630	6,913	6,278	15,077	Upgrade
Depreciation & Amortization	9,513	9,256	9,252	9,249	9,235	Upgrade
Loss (Gain) on Equity Investments	-4,814	-4,566	-4,769	-3,124	-10,590	Upgrade
Other Operating Activities	5,402	5,374	5,457	4,603	4,657	Upgrade
Change in Accounts Receivable	-102.82	736.99	1,876	-2,613	-4,177	Upgrade
Change in Unearned Revenue	-	-2,202	1,723	-741.43	545.83	Upgrade
Change in Other Net Operating Assets	770.82	1,285	2,058	-143.34	-13,368	Upgrade
Operating Cash Flow	18,904	15,513	22,509	13,509	1,380	Upgrade
Operating Cash Flow Growth	21.86%	-31.08%	66.63%	878.98%	-90.37%	Upgrade
Capital Expenditures	-338,749	-464	-	-488.96	-854.16	Upgrade
Investment in Securities	-13,295	-3,554	4,003	2,610	-4,002	Upgrade
Other Investing Activities	-0	-	-	-	-	Upgrade
Investing Cash Flow	-352,044	-4,018	4,003	2,121	-4,857	Upgrade
Total Debt Issued	219,859	115,630	-	114,492	-	Upgrade
Total Debt Repaid	-14,000	-116,000	-	-114,000	-	Upgrade
Net Debt Issued (Repaid)	205,859	-370.18	-	492	-	Upgrade
Issuance of Common Stock	129,305	-	-	-	-	Upgrade
Dividends Paid	-17,903	-17,774	-18,161	-19,320	-19,320	Upgrade
Other Financing Activities	39,207	3,641	-	-3,481	-967.89	Upgrade
Financing Cash Flow	356,468	-14,504	-18,161	-22,309	-20,288	Upgrade
Miscellaneous Cash Flow Adjustments	-	0	-	-	-	Upgrade
Net Cash Flow	23,328	-3,009	8,352	-6,679	-23,765	Upgrade
Free Cash Flow	-319,845	15,049	22,509	13,020	525.69	Upgrade
Free Cash Flow Growth	-	-33.14%	72.89%	2376.65%	-	Upgrade
Free Cash Flow Margin	-681.25%	37.23%	56.68%	31.12%	1.26%	Upgrade
Free Cash Flow Per Share	-4019.93	233.68	351.66	202.17	8.16	Upgrade
Cash Interest Paid	21,241	18,770	17,527	16,987	16,357	Upgrade
Cash Income Tax Paid	-100.47	126.31	27.73	625.2	-22.54	Upgrade
Levered Free Cash Flow	-329,612	17,194	13,952	5,560	9,460	Upgrade
Unlevered Free Cash Flow	-315,493	29,625	25,848	17,050	20,340	Upgrade
Change in Net Working Capital	2,486	-7,882	-3,462	5,186	1,939	Upgrade

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