SK Square 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
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
Net Income	7,033,474	3,713,971	-1,287,048	259,768	2,251,224
Depreciation & Amortization	90,570	103,629	143,491	374,537	379,782
Loss (Gain) From Sale of Assets	4,068	1,623	11,613	17,462	34,740
Asset Writedown & Restructuring Costs	89,522	32,789	24,182	10,214	30,402
Loss (Gain) From Sale of Investments	168,163	116,521	243,071	-1,476	190,884
Loss (Gain) on Equity Investments	-7,650,983	-4,137,111	1,042,575	-381,421	-2,628,744
Stock-Based Compensation	21,612	2,982	31,638	29,606	83,616
Provision & Write-off of Bad Debts	23,316	24,624	8,560	4,244	7,752
Other Operating Activities	654,048	265,268	-14,847	234,426	54,528
Change in Accounts Receivable	8,296	53,607	34,258	-82,458	-272,238
Change in Inventory	12,970	59,143	-18,304	-83,769	-3,468
Change in Accounts Payable	-17,963	-14,059	-59,100	26,176	248,958
Change in Other Net Operating Assets	-45,847	-33,033	105,660	-64,952	242,838
Operating Cash Flow	391,246	189,954	265,749	342,357	620,274
Operating Cash Flow Growth	132.36%	-28.52%	-22.38%	-44.81%	-
Capital Expenditures	-29,424	-39,003	-237,254	-321,917	-312,744
Sale of Property, Plant & Equipment	1,013	2,959	9,054	1,143	1,068
Cash Acquisitions	-24,034	-1,457	-602	-70,559	-24,390
Divestitures	512,727	3	346,560	61,777	-
Sale (Purchase) of Intangibles	-500	952	-19,639	-50,329	-106,458
Investment in Securities	19,010	31,324	231,151	376,740	-224,022
Other Investing Activities	-147,559	97,816	-44,447	-55,999	-188,976
Investing Cash Flow	331,518	89,738	284,320	-57,802	-855,090
Short-Term Debt Issued	-	-	31,685	-	-
Long-Term Debt Issued	-	-	-	15,895	-
Total Debt Issued	-	-	31,685	15,895	449,298
Short-Term Debt Repaid	-	-31,247	-	-88,731	-
Long-Term Debt Repaid	-	-36,977	-81,509	-50,396	-
Total Debt Repaid	-91,582	-68,224	-81,509	-139,127	-66,852
Net Debt Issued (Repaid)	-91,582	-68,224	-49,824	-123,232	382,446
Repurchase of Common Stock	-201,268	-154,602	-265,607	-	-54,642
Dividends Paid	-1,800	-2,388	-38,024	-8,203	-
Other Financing Activities	-56,069	24,501	72,370	200,099	-
Financing Cash Flow	-350,719	-200,713	-281,085	68,664	327,804
Foreign Exchange Rate Adjustments	11,152	18,732	306	6,200	4,116
Miscellaneous Cash Flow Adjustments	-306	-306	-	-	-
Net Cash Flow	382,891	97,405	269,290	359,419	97,104
Free Cash Flow	361,822	150,951	28,495	20,440	307,530
Free Cash Flow Growth	178.35%	429.75%	39.41%	-93.35%	-
Free Cash Flow Margin	3.89%	2.46%	1.25%	0.72%	4.47%
Free Cash Flow Per Share	2720.29	1126.48	204.98	135.50	2172.63
Cash Interest Paid	7,803	8,287	40,599	68,675	12,528
Cash Income Tax Paid	26,600	59,518	23,897	39,002	2,190
Levered Free Cash Flow	5,257,023	2,195,098	-107,512	-496,827	-
Unlevered Free Cash Flow	5,267,844	2,206,057	-102,346	-493,911	-
Change in Working Capital	-42,544	65,658	62,514	-205,003	216,090

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