KUKJEON PHARMACEUTICAL Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,736	4,824	8,948	4,038
Depreciation & Amortization	5,105	3,134	1,444	1,106
Loss (Gain) From Sale of Assets	57.43	-	69.18	0
Loss (Gain) From Sale of Investments	-1,831	-16.28	-373.28	-0.86
Loss (Gain) on Equity Investments	57.48	-1.15	4.35	276.83
Provision & Write-off of Bad Debts	13.63	-9.72	-3.06	113.92
Other Operating Activities	-558.93	2,130	-9,299	753.65
Change in Accounts Receivable	-102.16	-6,493	-2,128	-3,916
Change in Inventory	-105.88	-7,203	-3,541	-3,813
Change in Accounts Payable	5,716	3,406	-670.22	5,448
Change in Other Net Operating Assets	-51.68	-115.82	-470.41	-964.89
Operating Cash Flow	10,036	-345.45	-6,019	3,042
Capital Expenditures	-7,867	-43,923	-23,285	-10,409
Sale of Property, Plant & Equipment	0.73	-	2.09	-
Cash Acquisitions	-	-	295.92	-
Divestitures	-	441	-	-
Sale (Purchase) of Intangibles	-3,622	-157.99	-482.07	-8.8
Investment in Securities	54,652	18,410	-53,176	-22,097
Other Investing Activities	-228.44	584.15	25.38	69.36
Investing Cash Flow	42,796	-24,314	-76,633	-32,579
Short-Term Debt Issued	10,911	35,734	101,363	27,327
Long-Term Debt Issued	42,827	8,000	18,562	-
Total Debt Issued	53,739	43,734	119,925	27,327
Short-Term Debt Repaid	-69,335	-28,338	-33,395	-33,653
Long-Term Debt Repaid	-914.41	-1,690	-933.22	-293.8
Total Debt Repaid	-70,250	-30,028	-34,329	-33,947
Net Debt Issued (Repaid)	-16,511	13,706	85,596	-6,620
Issuance of Common Stock	-	-	-	45,477
Repurchase of Common Stock	-	-	-	-1.03
Dividends Paid	-490.69	-	-490.69	-
Other Financing Activities	-	400	-5.6	-0
Financing Cash Flow	-17,002	14,106	85,100	38,856
Foreign Exchange Rate Adjustments	0.69	-0.26	-0.34	0.13
Net Cash Flow	35,831	-10,554	2,447	9,320
Free Cash Flow	2,169	-44,269	-29,304	-7,367
Free Cash Flow Margin	1.59%	-36.29%	-28.26%	-8.63%
Free Cash Flow Per Share	44.20	-902.17	-571.94	-167.01
Cash Interest Paid	1,682	1,373	771.53	238.65
Cash Income Tax Paid	746.06	-115.43	1,625	518.27
Levered Free Cash Flow	-10,137	-40,786	-10,027	-
Unlevered Free Cash Flow	-4,999	-37,202	-8,901	-
Change in Net Working Capital	-1,156	322.63	-11,243	-

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.