APEX INTEC Co.,LTD. Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Net Income	804.09	160.04	-583.91	312.25	269.4
Depreciation & Amortization	323.83	374.95	461.43	457.67	459.72
Loss (Gain) From Sale of Investments	22.5	22.5	-0.1	74.69	-11.87
Provision & Write-off of Bad Debts	1,885	769.02	831.27	187.4	353.15
Other Operating Activities	303.58	67.06	-96.55	139.39	105.96
Change in Accounts Receivable	735.46	-604.03	744.44	-3,014	-1,859
Change in Inventory	-3,237	-746.06	229.65	-2,227	-1,110
Change in Accounts Payable	1,510	1,982	-521.34	712.72	1,480
Change in Other Net Operating Assets	-74.74	-4.48	-271.52	252.2	-40.4
Operating Cash Flow	2,273	2,021	793.37	-3,105	-353.49
Operating Cash Flow Growth	12.47%	154.68%	-	-	-
Capital Expenditures	-1,416	-760.96	-261.09	-112.25	-8.3
Sale of Property, Plant & Equipment	-	-	0.1	-	-
Sale (Purchase) of Intangibles	-21.79	-	-	-	-
Investment in Securities	-169.23	-122.69	257.5	341.4	79.51
Other Investing Activities	-7.46	-6.9	364.28	-285.13	-2.64
Investing Cash Flow	-1,615	-890.55	360.8	-55.98	68.57
Short-Term Debt Issued	2,570	6,999	3,528	4,471	2,812
Long-Term Debt Issued	4,062	267.08	-	2,100	-
Total Debt Issued	6,632	7,266	3,528	6,571	2,812
Short-Term Debt Repaid	-2,773	-7,435	-4,321	-3,627	-2,279
Long-Term Debt Repaid	-3,162	-310.74	-405.42	-81.33	-
Total Debt Repaid	-5,936	-7,745	-4,727	-3,708	-2,279
Net Debt Issued (Repaid)	696.27	-479.19	-1,199	2,862	532.82
Financing Cash Flow	696.27	-479.19	-1,199	2,862	532.82
Miscellaneous Cash Flow Adjustments	-0	-	-0	-	-0
Net Cash Flow	1,354	650.76	-44.79	-298.44	247.89
Free Cash Flow	856.47	1,260	532.28	-3,217	-361.79
Free Cash Flow Growth	-32.00%	136.63%	-	-	-
Free Cash Flow Margin	3.63%	8.74%	4.64%	-21.83%	-3.42%
Free Cash Flow Per Share	2379.55	3502.39	1478.58	-14424.45	-1645.14
Levered Free Cash Flow	336.57	1,295	661.99	-3,547	-233.41
Unlevered Free Cash Flow	516.92	1,496	889.36	-3,331	-22.77
Change in Working Capital	-1,066	626.95	181.23	-4,276	-1,530

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