Bellock Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2021	FY 2020	FY 2019
Period Ending	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	3,194	2,309	2,048
Depreciation & Amortization	404.26	444.21	337.52
Loss (Gain) From Sale of Assets	-179.01	-	6.86
Loss (Gain) From Sale of Investments	-306.47	-20.35	-
Stock-Based Compensation	163.19	17.79	-
Provision & Write-off of Bad Debts	-20.84	12.63	33.84
Other Operating Activities	428.8	74.08	140.52
Change in Accounts Receivable	-4,982	-559.35	2,779
Change in Inventory	335.65	-494.2	-
Change in Accounts Payable	1,721	428.56	-1,661
Change in Other Net Operating Assets	-682.83	415.41	-813.78
Operating Cash Flow	75.78	2,628	2,870
Operating Cash Flow Growth	-97.12%	-8.44%	-
Capital Expenditures	-1,653	-1,691	-437.06
Sale of Property, Plant & Equipment	53.8	-	32
Sale (Purchase) of Intangibles	897.22	-490	-
Investment in Securities	-3,085	-23.82	146.48
Other Investing Activities	-8.1	-23	75
Investing Cash Flow	-3,656	-2,227	-183.58
Short-Term Debt Issued	1,000	-	-
Long-Term Debt Issued	1,999	1,000	760
Total Debt Issued	2,999	1,000	760
Long-Term Debt Repaid	-1,295	-760.14	-1,282
Net Debt Issued (Repaid)	1,704	239.86	-521.53
Dividends Paid	-	-19	-40
Other Financing Activities	-0	-	-
Financing Cash Flow	1,704	220.86	-561.53
Miscellaneous Cash Flow Adjustments	0	-0	-0
Net Cash Flow	-1,876	621.47	2,125
Free Cash Flow	-1,577	937.43	2,433
Free Cash Flow Growth	-	-61.47%	-
Free Cash Flow Margin	-6.25%	4.79%	15.21%
Free Cash Flow Per Share	-648.51	404.30	1057.88
Cash Interest Paid	28.59	43.62	33.84
Cash Income Tax Paid	371.14	821.07	85.69
Levered Free Cash Flow	-1,261	137.42	-
Unlevered Free Cash Flow	-1,194	172.11	-
Change in Working Capital	-3,609	-209.59	303.88

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