Shinhan Seobu T&D REIT Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	2021 - 2020
Period Ending	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Jun '23 Jun 30, 2023	Dec '22 Dec 31, 2022	2021 - 2020
Net Income	20,542	-2,236	10,627	9,007	10,879	Upgrade
Depreciation & Amortization	8,640	8,640	8,497	8,220	8,646	Upgrade
Loss (Gain) From Sale of Assets	-	5,241	-	-	-	Upgrade
Loss (Gain) on Equity Investments	-8,805	2,793	-	-	-	Upgrade
Other Operating Activities	-939.56	1,243	3,729	1,157	1,401	Upgrade
Change in Accounts Receivable	-163.04	-405.18	-956.25	83.7	-144.95	Upgrade
Change in Unearned Revenue	2,012	-5,828	1,907	-6,207	1,705	Upgrade
Change in Other Net Operating Assets	-3,150	3,877	-3,318	2,893	-3,050	Upgrade
Operating Cash Flow	18,137	13,325	20,485	15,153	19,436	Upgrade
Operating Cash Flow Growth	36.11%	-34.95%	35.19%	-22.04%	-39.93%	Upgrade
Capital Expenditures	-	-614,816	-114,453	-4,412	-	Upgrade
Cash Acquisitions	-	-29,884	-	-	-	Upgrade
Divestitures	3,325	-	-	-	-	Upgrade
Investment in Securities	3,000	8,000	-2,000	16,000	-6,000	Upgrade
Investing Cash Flow	6,325	-636,700	-116,453	11,588	-6,000	Upgrade
Total Debt Issued	184,000	482,977	487,158	-	-	Upgrade
Total Debt Repaid	-144,000	-	-390,146	-	-	Upgrade
Net Debt Issued (Repaid)	40,000	482,977	97,012	-	-	Upgrade
Issuance of Common Stock	-	147,000	-	-	-	Upgrade
Dividends Paid	-13,206	-15,668	-16,787	-17,906	-17,458	Upgrade
Other Financing Activities	-0	3,839	3,600	-	-	Upgrade
Financing Cash Flow	26,794	618,148	83,825	-17,906	-17,458	Upgrade
Miscellaneous Cash Flow Adjustments	0	0	0	-	0	Upgrade
Net Cash Flow	51,256	-5,226	-12,142	8,835	-4,022	Upgrade
Free Cash Flow	18,137	-601,491	-93,967	10,741	19,436	Upgrade
Free Cash Flow Growth	-	-	-	-44.74%	-39.93%	Upgrade
Free Cash Flow Margin	50.22%	-1715.56%	-285.22%	35.95%	65.08%	Upgrade
Free Cash Flow Per Share	324.91	-10749.38	-1679.31	190.80	347.35	Upgrade
Cash Interest Paid	15,352	15,194	8,458	7,264	7,331	Upgrade
Cash Income Tax Paid	163.14	-197.98	110.77	8.68	89.79	Upgrade
Levered Free Cash Flow	34,413	-605,528	-101,838	8,313	26,203	Upgrade
Unlevered Free Cash Flow	46,198	-594,213	-94,484	13,813	31,820	Upgrade
Change in Net Working Capital	-22,660	1,126	1,835	321.31	-11,368	Upgrade

Updated Nov 14, 2022. Source: S&P Global Market Intelligence. Standard template. Financial Sources.