Organ Eco Tech Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2015	FY 2014
Period Ending	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Net Income	796.94	787.51
Depreciation & Amortization	538.49	228.01
Loss (Gain) From Sale of Assets	-7.79	-3.45
Provision & Write-off of Bad Debts	76.38	20.49
Other Operating Activities	107.68	45.93
Change in Accounts Receivable	-484.67	-1,217
Change in Inventory	-1,196	-841.07
Change in Accounts Payable	-10.93	310.83
Change in Income Taxes	-45.53	-50.2
Change in Other Net Operating Assets	-524.23	-136.36
Operating Cash Flow	-750.14	-855.05
Capital Expenditures	-1,624	-86.51
Sale of Property, Plant & Equipment	43.82	3.46
Sale (Purchase) of Intangibles	-70.21	-10.97
Investment in Securities	-1,868	-122.12
Other Investing Activities	-282.35	-35.32
Investing Cash Flow	-3,797	-231.89
Short-Term Debt Issued	-	2,788
Long-Term Debt Issued	1,540	2,985
Total Debt Issued	1,540	5,773
Short-Term Debt Repaid	-93.32	-2,450
Long-Term Debt Repaid	-1,150	-75
Total Debt Repaid	-1,243	-2,525
Net Debt Issued (Repaid)	296.68	3,248
Issuance of Common Stock	5,932	200
Other Financing Activities	115	11
Financing Cash Flow	6,344	3,459
Net Cash Flow	1,797	2,372
Free Cash Flow	-2,375	-941.56
Free Cash Flow Margin	-33.32%	-15.32%
Free Cash Flow Per Share	-1239.52	-581.07
Levered Free Cash Flow	-2,610	-
Unlevered Free Cash Flow	-2,387	-
Change in Working Capital	-2,262	-1,934

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