Gelex Electricity JSC 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	3,310,543	1,588,235	745,377
Depreciation & Amortization	354,037	399,031	582,175
Loss (Gain) From Sale of Assets	-1,713,612	-468,671	-488,764
Other Operating Activities	597,113	296,470	25,288
Change in Accounts Receivable	-473,140	-563,591	942,935
Change in Inventory	-260,355	-686,186	1,275,234
Change in Accounts Payable	41,647	-68,377	-760,659
Change in Other Net Operating Assets	-95,831	-12,321	44,504
Operating Cash Flow	1,379,524	534,581	2,317,711
Operating Cash Flow Growth	95.28%	-76.94%	-
Capital Expenditures	-184,390	-148,962	-239,807
Sale of Property, Plant & Equipment	7,942	1,144	3,283
Investment in Securities	2,602,928	1,212,658	66,843
Other Investing Activities	147,835	135,869	188,261
Investing Cash Flow	1,045,895	1,011,751	4,301
Long-Term Debt Issued	-	12,446,608	8,329,721
Long-Term Debt Repaid	-	-14,058,309	-9,504,417
Net Debt Issued (Repaid)	-164,088	-1,611,701	-1,174,696
Issuance of Common Stock	83,028	4,900	15,120
Common Dividends Paid	-2,139,171	-374,789	-747,999
Financing Cash Flow	-2,221,682	-1,981,590	-1,907,575
Foreign Exchange Rate Adjustments	4,517	1,726	1,103
Net Cash Flow	208,253	-433,533	415,539
Free Cash Flow	1,195,134	385,619	2,077,904
Free Cash Flow Growth	118.65%	-81.44%	-
Free Cash Flow Margin	4.84%	1.82%	12.51%
Free Cash Flow Per Share	3293.55	1071.16	5771.96
Cash Interest Paid	213,658	255,976	602,187
Cash Income Tax Paid	526,546	307,133	177,723
Levered Free Cash Flow	-	822,228	-
Unlevered Free Cash Flow	-	1,129,572	-
Change in Working Capital	-1,175,466	-1,280,484	1,453,634

Source: S&P Global Market Intelligence. Standard template. Financial Sources.