Chosun Refractories 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	882.34	5,825	47,167
Depreciation & Amortization	11,770	12,033	11,892
Loss (Gain) From Sale of Assets	-26.28	-25.12	489.76
Loss (Gain) From Sale of Investments	-2,060	-619.51	32.34
Loss (Gain) on Equity Investments	10,392	4,221	-961.88
Provision & Write-off of Bad Debts	-1,566	-2,624	2,553
Other Operating Activities	6,329	9,799	15,893
Change in Accounts Receivable	1,049	33,369	-79,727
Change in Inventory	-6,275	-4,778	-5,553
Change in Accounts Payable	5,503	-4,885	10,156
Change in Other Net Operating Assets	3,609	367.38	4,213
Operating Cash Flow	29,608	52,683	6,154
Operating Cash Flow Growth	-	756.13%	-
Capital Expenditures	-13,760	-14,395	-18,192
Sale of Property, Plant & Equipment	250.84	135.03	9.33
Sale (Purchase) of Intangibles	65.99	-50.11	-51.2
Investment in Securities	-58,994	-85,946	-140,143
Other Investing Activities	655.13	589.35	0
Investing Cash Flow	-71,782	-99,667	-158,377
Short-Term Debt Issued	-	141,794	-
Long-Term Debt Issued	-	0.95	-
Total Debt Issued	158,582	141,794	217,658
Short-Term Debt Repaid	-	-23,956	-
Long-Term Debt Repaid	-	-753.6	-
Total Debt Repaid	-69,364	-24,709	-53,106
Net Debt Issued (Repaid)	89,218	117,085	164,552
Repurchase of Common Stock	-	-	-362.03
Dividends Paid	-12,171	-9,802	-
Other Financing Activities	10,400	10,400	-1.58
Financing Cash Flow	87,446	117,684	164,188
Foreign Exchange Rate Adjustments	-165.14	575.75	-88.75
Net Cash Flow	45,108	71,275	11,877
Free Cash Flow	15,848	38,287	-12,039
Free Cash Flow Margin	3.08%	7.65%	-2.15%
Free Cash Flow Per Share	1337.30	3231.24	-1015.91
Cash Interest Paid	10,054	8,166	3,607
Cash Income Tax Paid	2,931	1,626	294.93
Levered Free Cash Flow	-	27,645	-
Unlevered Free Cash Flow	-	33,034	-
Change in Working Capital	3,886	24,073	-70,912

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.