Asia Cement Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	11,887	12,890	10,883	12,016	15,068	14,710
Depreciation & Amortization	4,265	4,568	4,740	4,756	4,917	4,933
Other Amortization	17.6	17.6	15.83	13.3	66.77	103.67
Loss (Gain) From Sale of Assets	104.21	84.8	87.99	10.2	131.23	132.91
Asset Writedown & Restructuring Costs	3.38	-288.07	-521.79	60.25	-54.32	-224.64
Loss (Gain) From Sale of Investments	-1,376	-3,185	-2,632	-1,420	-59.15	-68.32
Loss (Gain) on Equity Investments	-2,980	-4,122	-2,493	-4,311	-6,319	-4,640
Provision & Write-off of Bad Debts	-460.18	-82.12	-294.61	-140.19	638.69	543.92
Other Operating Activities	4,309	3,439	3,066	2,108	4,570	6,882
Change in Accounts Receivable	1,354	1,535	2,641	1,281	-831.86	1,518
Change in Inventory	-62.9	258.13	1,150	5.35	-2,242	1,222
Change in Accounts Payable	-967.95	695.99	-536.2	-1,118	2,681	-614.46
Change in Unearned Revenue	31.02	-25.21	-232.08	-302.09	-142.59	54.5
Change in Other Net Operating Assets	463.21	-944.58	978.37	3,345	-916.91	4,840
Operating Cash Flow	17,977	24,807	7,269	15,309	8,597	19,624
Operating Cash Flow Growth	-21.72%	241.26%	-52.51%	78.08%	-56.19%	-47.35%
Capital Expenditures	-3,792	-4,003	-4,082	-2,666	-3,250	-6,294
Sale of Property, Plant & Equipment	65.33	114.27	33.15	11.24	46.24	189.91
Divestitures	-	-	-	-0.42	-	-2.86
Sale (Purchase) of Intangibles	-15.07	-7.39	-33.32	-7.26	-74.72	-3,779
Sale (Purchase) of Real Estate	-1.47	-2.54	-1.37	-0.78	-3.04	-2.34
Investment in Securities	-2,242	-14,882	-9,632	3,822	1,825	5,344
Other Investing Activities	-151.42	-12.72	59.04	-103.5	-206.64	37.58
Investing Cash Flow	-6,137	-18,793	-13,656	1,055	-1,663	-4,506
Short-Term Debt Issued	-	-	3,669	4,565	18,603	-
Long-Term Debt Issued	-	11,301	13,439	21,563	35,005	93,107
Total Debt Issued	20,866	11,301	17,109	26,128	53,608	93,107
Short-Term Debt Repaid	-	-12,525	-	-796.9	-	-9,440
Long-Term Debt Repaid	-	-18,567	-11,878	-19,757	-39,462	-80,289
Total Debt Repaid	-26,558	-31,092	-11,878	-20,553	-39,462	-89,729
Net Debt Issued (Repaid)	-5,692	-19,791	5,231	5,574	14,146	3,378
Common Dividends Paid	-7,802	-7,448	-8,156	-12,055	-11,934	-10,085
Other Financing Activities	-51	-142.83	-550.7	-936.17	-1,247	-7,312
Financing Cash Flow	-13,545	-27,381	-3,476	-7,417	965.82	-14,019
Foreign Exchange Rate Adjustments	-478.46	1,397	-394.24	1,089	-360.46	77.47
Net Cash Flow	-2,184	-19,970	-10,257	10,036	7,539	1,176
Free Cash Flow	14,185	20,804	3,187	12,642	5,347	13,330
Free Cash Flow Growth	-25.39%	552.69%	-74.79%	136.46%	-59.89%	-60.23%
Free Cash Flow Margin	19.17%	27.27%	3.98%	13.99%	5.92%	17.04%
Free Cash Flow Per Share	4.24	6.22	0.96	3.81	1.61	4.02
Cash Interest Paid	1,506	1,666	1,721	1,294	899.54	1,107
Cash Income Tax Paid	2,752	2,757	2,549	3,719	5,059	5,483
Levered Free Cash Flow	5,028	5,251	5,692	4,730	13,612	9,723
Unlevered Free Cash Flow	5,982	6,293	6,800	5,539	14,117	10,360
Change in Working Capital	2,206	11,486	-5,582	2,215	-10,363	-2,750

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.