Thanh Cong Securities JSC Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020	2019 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2016
Net Income	11,717	56,741	58,260	173,072	34,717	Upgrade
Depreciation & Amortization, Total	9,334	11,993	11,684	2,898	2,662	Upgrade
Gain (Loss) On Sale of Investments	4,054	-5,544	-5,275	-16,636	-10,639	Upgrade
Change in Accounts Receivable	8,663	478.08	-10,877	-2,355	-513.42	Upgrade
Change in Accounts Payable	-31,952	11,107	24,977	1,777	345.7	Upgrade
Change in Other Net Operating Assets	-723,452	-570,561	-612,011	-584,403	-376,918	Upgrade
Other Operating Activities	-27,226	-967.95	1,850	50,932	11,472	Upgrade
Operating Cash Flow	-784,320	-519,226	-632,086	-480,695	-198,817	Upgrade
Capital Expenditures	-6,280	-7,052	-3,842	-5,058	-1,817	Upgrade
Cash Acquisitions	-	-	-48,199	-	-	Upgrade
Other Investing Activities	36,538	10,191	26,688	8,922	6,988	Upgrade
Investing Cash Flow	30,258	28,472	201,793	3,864	5,171	Upgrade
Short-Term Debt Issued	-	-	-	1,640,792	731,525	Upgrade
Long-Term Debt Issued	4,369,343	2,084,390	1,412,544	-	-	Upgrade
Total Debt Issued	4,369,343	2,084,390	1,412,544	1,640,792	731,525	Upgrade
Short-Term Debt Repaid	-	-	-	-1,606,469	-488,613	Upgrade
Long-Term Debt Repaid	-3,680,843	-1,692,890	-1,062,773	-	-	Upgrade
Total Debt Repaid	-3,680,843	-1,692,890	-1,062,773	-1,606,469	-488,613	Upgrade
Net Debt Issued (Repaid)	688,500	391,500	349,771	34,323	242,912	Upgrade
Issuance of Common Stock	-	-	-	649,716	-	Upgrade
Financing Cash Flow	688,500	391,500	349,771	684,040	242,912	Upgrade
Net Cash Flow	-65,562	-99,254	-80,522	207,209	49,267	Upgrade
Free Cash Flow	-790,600	-526,278	-635,928	-485,752	-200,634	Upgrade
Free Cash Flow Margin	-276.87%	-298.23%	-436.77%	-168.21%	-146.17%	Upgrade
Free Cash Flow Per Share	-6837.86	-4551.75	-5500.11	-4201.21	-	Upgrade
Cash Interest Paid	107,807	34,586	24,695	-	-	Upgrade
Cash Income Tax Paid	8,110	9,034	4,666	-	-	Upgrade

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