Tien Phong Securities Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2015	2014 - 2010
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '15 Dec 31, 2015	2014 - 2010
Net Income	-	379,111	228,520	135,675	210,684	3,804	Upgrade
Depreciation & Amortization, Total	-	2,358	8,773	4,109	5,728	284.86	Upgrade
Gain (Loss) On Sale of Investments	-	-48,662	-179,218	308,875	20,996	-	Upgrade
Change in Accounts Receivable	-	761,034	-848,036	-605,637	-501,753	45,085	Upgrade
Change in Accounts Payable	-	-5,491	4,720	38,569	471,647	-11,893	Upgrade
Change in Other Net Operating Assets	-	-3,365,388	882,563	-327,115	-2,094,746	79.96	Upgrade
Other Operating Activities	-	4,950	18,848	-89,271	21,787	-83,757	Upgrade
Operating Cash Flow	-	-3,905,359	8,932	-797,139	-3,223,368	-51,429	Upgrade
Capital Expenditures	-	-12,981	-15,041	-9,723	-17,502	-2,245	Upgrade
Investment in Securities	-	-	-	-	-	46,903	Upgrade
Other Investing Activities	-	-	-	-	-	4,448	Upgrade
Investing Cash Flow	-	-12,981	-15,041	-9,723	-17,502	49,221	Upgrade
Short-Term Debt Issued	-	19,362,500	13,859,725	10,745,000	4,410,511	10,800	Upgrade
Total Debt Issued	-	19,362,500	13,859,725	10,745,000	4,410,511	10,800	Upgrade
Short-Term Debt Repaid	-	-17,046,664	-12,737,561	-10,031,050	-3,064,461	-10,800	Upgrade
Total Debt Repaid	-	-17,046,664	-12,737,561	-10,031,050	-3,064,461	-10,800	Upgrade
Net Debt Issued (Repaid)	-	2,315,836	1,122,164	713,950	1,346,050	-	Upgrade
Issuance of Common Stock	-	1,005,040	-	-	1,000,877	-	Upgrade
Financing Cash Flow	-	3,320,876	1,122,164	713,950	2,346,927	-	Upgrade
Net Cash Flow	-	-597,463	1,116,054	-92,912	-893,942	-2,208	Upgrade
Free Cash Flow	-	-3,918,339	-6,109	-806,862	-3,240,869	-53,674	Upgrade
Free Cash Flow Margin	-	-251.57%	-0.26%	-33.97%	-277.67%	-678.15%	Upgrade
Free Cash Flow Per Share	-	-11733.72	-27.27	-3602.06	-19874.74	-1996.80	Upgrade
Cash Interest Paid	-	489,108	481,198	339,167	160,711	8.3	Upgrade
Cash Income Tax Paid	-	88,722	16,948	93,271	44,452	-	Upgrade

Source: S&P Capital IQ. Capital Markets template. Financial Sources.