SJ-CHEM Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2017	FY 2016	FY 2015
Period Ending	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Net Income	126.21	-364.89	-947.38
Depreciation & Amortization	728.83	264.92	243.86
Loss (Gain) From Sale of Assets	-	-9.28	-
Loss (Gain) From Sale of Investments	-	62.03	-
Provision & Write-off of Bad Debts	-27.3	15.93	72.47
Other Operating Activities	348.94	144.42	85.22
Change in Accounts Receivable	-595.42	-509.84	67.28
Change in Inventory	-677.28	-725.03	-357.65
Change in Accounts Payable	98.62	247.7	74.96
Change in Income Taxes	-	-28.09	28.09
Change in Other Net Operating Assets	-31.63	-109.78	-95.97
Operating Cash Flow	-29.02	-1,012	-829.12
Capital Expenditures	-447.61	-1,110	-7,437
Sale of Property, Plant & Equipment	-	10	-
Sale (Purchase) of Intangibles	-6.98	-14.15	-2
Investment in Securities	0.25	120.87	99.46
Other Investing Activities	-20	2	513.52
Investing Cash Flow	-474.33	-991.68	-6,826
Short-Term Debt Issued	1,248	960.73	900
Long-Term Debt Issued	2,074	1,154	7,742
Total Debt Issued	3,322	2,114	8,642
Short-Term Debt Repaid	-1,180	-513.76	-315
Long-Term Debt Repaid	-2,106	-849.42	-2,916
Total Debt Repaid	-3,286	-1,363	-3,231
Net Debt Issued (Repaid)	35.91	751.28	5,410
Issuance of Common Stock	374.57	900	2,250
Other Financing Activities	-	0	-
Financing Cash Flow	410.48	1,651	7,660
Miscellaneous Cash Flow Adjustments	-0	-	-
Net Cash Flow	-92.87	-352.31	5.1
Free Cash Flow	-476.63	-2,122	-8,266
Free Cash Flow Margin	-5.54%	-36.79%	-187.85%
Free Cash Flow Per Share	-37.77	-168.67	-706.75
Levered Free Cash Flow	-512.41	-2,043	-
Unlevered Free Cash Flow	-252.32	-1,825	-
Change in Working Capital	-1,206	-1,125	-283.29

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