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Question 5: Following chart depicts stocks and flows relation of Dongguk Industry for the fiscal year 2018~2019 based on reformulated primary financial statements. (unit: million)

Question 5: Following chart depicts stocks and flows relation of Dongguk Industry for the fiscal year 2018~2019 based on reformulated primary financial statements. (unit: million)

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NOA = Net Operating Assets NFA = Net Financial Assets CSE = Common Stock Equity NFE = Net Financial Expense FCF= Free Cash Flow =C( Cash flow from operations )I( Cash investments) d= Net dividend (cash flow) to shareholders F= Net cash flow to debtholders and issuers CI= OI (Operating income) >NOA (changes in NOA) Required 1: Fill in all of question marked(?) line items. (unit: W million, 10 points) Required 2 : Briefly describe the changes in financial position of Dongguk Industry over the fiscal year 2018 2019. (7 points) Required 3 : Explain why FCF (Free Cash Flow) does not represent the value added. ( 8 points)

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