Coxem Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-651.92	999.76	1,684
Depreciation & Amortization	554.62	476.99	364.78
Loss (Gain) From Sale of Assets	0	-8.54	-
Asset Writedown & Restructuring Costs	13.44	-	-
Stock-Based Compensation	-	111.81	116.68
Provision & Write-off of Bad Debts	-57.27	44.52	-204.86
Other Operating Activities	-127.65	151.72	449.39
Change in Accounts Receivable	933.23	-784.96	-1,117
Change in Inventory	-231.34	-676.29	-1,524
Change in Accounts Payable	-113.87	-73.26	381.7
Change in Income Taxes	-	-95.39	-
Change in Other Net Operating Assets	-838.94	-567.29	-292.79
Operating Cash Flow	-519.7	-420.91	-142.01
Capital Expenditures	-291.82	-510.17	-157.94
Sale of Property, Plant & Equipment	-	11.18	-
Cash Acquisitions	-	9.08	-
Sale (Purchase) of Intangibles	-90.93	-19.01	-62.81
Investment in Securities	-4,859	1,674	-1,333
Other Investing Activities	-50.3	12	19.5
Investing Cash Flow	-5,708	1,126	-1,548
Long-Term Debt Repaid	-319.15	-275.98	-226.34
Net Debt Issued (Repaid)	-319.15	-275.98	-226.34
Issuance of Common Stock	101.16	9,537	328.06
Repurchase of Common Stock	-3,998	-	-
Other Financing Activities	92	38.21	41.14
Financing Cash Flow	-4,124	9,300	142.86
Foreign Exchange Rate Adjustments	-18.5	101.49	-19.64
Net Cash Flow	-10,369	10,106	-1,567
Free Cash Flow	-811.52	-931.08	-299.94
Free Cash Flow Margin	-6.06%	-6.32%	-2.19%
Free Cash Flow Per Share	-150.62	-110.83	-60.01
Cash Interest Paid	61.94	8.93	7.21
Cash Income Tax Paid	0.96	7.77	49.67
Levered Free Cash Flow	-588.44	-2,150	-
Unlevered Free Cash Flow	-537.32	-2,109	-
Change in Working Capital	-250.92	-2,197	-2,552

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