Gaia Corporation Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2022	FY 2021	FY 2020
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	688.74	1,857	-127.7
Depreciation & Amortization	811.64	898.27	847.22
Loss (Gain) From Sale of Assets	11.15	-	-78.2
Stock-Based Compensation	106.53	-	-
Provision & Write-off of Bad Debts	134.47	373.12	-126.62
Other Operating Activities	572.7	-1,283	623.37
Change in Accounts Receivable	-536.29	536.81	-86.25
Change in Inventory	-1,207	2,234	-133.29
Change in Accounts Payable	215.67	-1,565	905.07
Change in Other Net Operating Assets	394.63	-594.34	837.27
Operating Cash Flow	1,192	2,457	2,661
Operating Cash Flow Growth	-51.46%	-7.68%	-
Capital Expenditures	-327.26	-436.32	-280.97
Sale of Property, Plant & Equipment	8.9	-	0.55
Divestitures	-	-	35.24
Investment in Securities	-828.43	-165.39	-221.05
Other Investing Activities	-694.04	9.96	37.86
Investing Cash Flow	-1,841	-533.65	-428.37
Short-Term Debt Issued	9,154	6,243	6,296
Total Debt Issued	9,154	6,243	6,296
Short-Term Debt Repaid	-8,530	-5,849	-6,466
Long-Term Debt Repaid	-552.54	-580.24	-705.42
Total Debt Repaid	-9,083	-6,430	-7,171
Net Debt Issued (Repaid)	71.34	-186.2	-874.84
Issuance of Common Stock	450.33	-	-
Other Financing Activities	-313.5	-1,975	-2,170
Financing Cash Flow	208.18	-2,161	-3,045
Foreign Exchange Rate Adjustments	-2.56	-0.87	2.67
Net Cash Flow	-442.84	-238.78	-809.52
Free Cash Flow	865.12	2,020	2,380
Free Cash Flow Growth	-57.18%	-15.11%	-
Free Cash Flow Margin	2.29%	6.31%	7.13%
Free Cash Flow Per Share	260.01	811.76	-
Cash Interest Paid	313.5	224.58	870.41
Cash Income Tax Paid	-0.05	0.11	0.31
Levered Free Cash Flow	-2,571	-777.8	-
Unlevered Free Cash Flow	-2,455	-606.47	-
Change in Net Working Capital	4,173	1,576	-

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