INNOVEX Company Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2018	FY 2017
Period Ending	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Net Income	-484.28	58.6
Depreciation & Amortization	41.01	24.22
Loss (Gain) From Sale of Assets	-	7.97
Other Operating Activities	79.19	24.72
Change in Accounts Receivable	-427.4	-258.5
Change in Inventory	-44.26	44.33
Change in Accounts Payable	-156.23	169.01
Change in Income Taxes	25.11	-
Change in Other Net Operating Assets	22.05	-362.04
Operating Cash Flow	-944.8	-291.7
Capital Expenditures	-45.3	-4.54
Sale of Property, Plant & Equipment	-	20.91
Other Investing Activities	-20.76	-
Investing Cash Flow	-86.06	28.37
Short-Term Debt Issued	1,139	123.5
Total Debt Issued	1,139	123.5
Short-Term Debt Repaid	-782.58	-
Total Debt Repaid	-782.58	-
Net Debt Issued (Repaid)	356.72	123.5
Issuance of Common Stock	584.51	-
Financing Cash Flow	941.23	123.5
Net Cash Flow	-89.64	-139.83
Free Cash Flow	-990.1	-296.24
Free Cash Flow Margin	-77.84%	-21.99%
Free Cash Flow Per Share	-163.56	-50.56
Levered Free Cash Flow	-913.58	-
Unlevered Free Cash Flow	-913.58	-
Change in Working Capital	-580.72	-407.2

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