SK Reits Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2025	FY 2025	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024
Net Income	129,443	76,452	120,466	3,950	4,597
Depreciation & Amortization	-	-	-	48,629	48,084
Loss (Gain) From Sale of Assets	-	1,730	5,368	-	-5,549
Loss (Gain) From Sale of Investments	-43,246	-	-58,316	-	-
Other Operating Activities	12,828	12,254	16,749	21,001	16,698
Change in Other Net Operating Assets	-79,297	6,214	-3,863	-7,962	-2,722
Operating Cash Flow	19,728	96,650	80,404	65,618	61,108
Operating Cash Flow Growth	-79.59%	20.21%	22.53%	7.38%	41.34%
Capital Expenditures	-1,520,817	-812.8	-9,780	-70.43	-844,110
Sale of Property, Plant & Equipment	-	-	30,713	-	52,111
Investment in Securities	-21,647	-29,308	-7,040	88,000	12,000
Other Investing Activities	3,032	40,736	-	-	0
Investing Cash Flow	-1,539,432	10,616	13,894	87,930	-779,999
Total Debt Issued	2,955,804	400,000	1,846,864	1,783,416	2,110,134
Total Debt Repaid	-1,495,819	-636,187	-1,868,549	-1,786,357	-1,273,876
Net Debt Issued (Repaid)	1,459,985	-236,187	-21,684	-2,941	836,258
Issuance of Common Stock	-	-	193,867	-	-
Dividends Paid	-159,459	-4,707	-81,988	-76,762	-76,762
Other Financing Activities	57,069	-1,732	8,117	31,407	-4,808
Financing Cash Flow	1,357,595	-242,627	98,312	-48,296	754,688
Miscellaneous Cash Flow Adjustments	0	-	0	-	-
Net Cash Flow	-162,109	-135,361	192,610	105,252	35,798
Free Cash Flow	-1,501,089	95,837	70,624	65,548	-783,002
Free Cash Flow Growth	-	35.70%	7.75%	-	-
Free Cash Flow Margin	-533.38%	42.26%	24.85%	30.66%	-373.50%
Free Cash Flow Per Share	-5059.33	329.14	239.67	239.71	-2870.36
Cash Interest Paid	108,877	106,952	110,753	113,928	120,436
Cash Income Tax Paid	-195.64	53.33	240.13	-82.09	-598.7
Levered Free Cash Flow	-1,412,067	108,995	58,980	17,424	-805,279
Unlevered Free Cash Flow	-1,332,993	186,237	141,236	104,316	-716,859
Change in Working Capital	-79,297	6,214	-3,863	-7,962	-2,722

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