HS HYOSUNG 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Net Income	19,610	4,424
Depreciation & Amortization	14,045	14,774
Loss (Gain) From Sale of Assets	-139	-34
Asset Writedown & Restructuring Costs	-	434
Loss (Gain) on Equity Investments	-9,276	-10,822
Provision & Write-off of Bad Debts	68	292
Other Operating Activities	17,659	21,210
Change in Accounts Receivable	19,132	-35,334
Change in Inventory	3,269	8,958
Change in Accounts Payable	-39,322	-19,602
Change in Other Net Operating Assets	-17,476	31,738
Operating Cash Flow	7,570	16,038
Operating Cash Flow Growth	-52.80%	-
Capital Expenditures	-6,622	-7,353
Sale of Property, Plant & Equipment	43.22	-
Cash Acquisitions	112,719	-
Sale (Purchase) of Intangibles	-1,490	-18,484
Investment in Securities	-36,889	1,256
Other Investing Activities	-436.83	-699.31
Investing Cash Flow	69,302	-24,751
Short-Term Debt Issued	416,907	-
Total Debt Issued	416,907	308,530
Short-Term Debt Repaid	-469,947	-
Long-Term Debt Repaid	-15,327	-
Total Debt Repaid	-485,274	-292,895
Net Debt Issued (Repaid)	-68,366	15,635
Repurchase of Common Stock	-	-3,433
Other Financing Activities	565.27	0
Financing Cash Flow	-67,801	12,202
Foreign Exchange Rate Adjustments	116.29	2,011
Miscellaneous Cash Flow Adjustments	0	0
Net Cash Flow	9,187	5,500
Free Cash Flow	948.3	8,685
Free Cash Flow Growth	-89.08%	-
Free Cash Flow Margin	0.07%	0.48%
Free Cash Flow Per Share	255.91	2341.06
Cash Interest Paid	14,174	18,174
Cash Income Tax Paid	5,022	6,651
Levered Free Cash Flow	87,050	-
Unlevered Free Cash Flow	90,706	-
Change in Working Capital	-34,397	-14,240

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