TPE:1341 Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	196.04	282.51	230.19	300.2	297.68
Depreciation & Amortization	86.74	97.43	97.51	95.33	97.16
Stock-Based Compensation	-	-	-	-	1.8
Provision & Write-off of Bad Debts	44.38	1.6	2.51	11.42	1.76
Other Operating Activities	8.7	28.52	-8.05	30.26	-19.71
Change in Accounts Receivable	136.81	-104.01	133.88	-81.92	-38.42
Change in Inventory	104.15	-90.1	177.86	118.04	-282.17
Change in Accounts Payable	-127.2	123.41	-32.92	36.86	-68.2
Change in Unearned Revenue	-0.25	4.95	4.05	1.19	-6.18
Change in Other Net Operating Assets	-13.32	-32.34	-17.43	-24.17	35.4
Operating Cash Flow	436.04	312.32	587.6	487.22	19.12
Operating Cash Flow Growth	39.62%	-46.85%	20.60%	2447.94%	-95.84%
Capital Expenditures	-49.72	-51.45	-25.08	-10.85	-15.51
Sale of Property, Plant & Equipment	0.32	0.19	0.55	0.02	-
Sale (Purchase) of Intangibles	-	-	-	-0.01	-0.56
Investment in Securities	-20.44	-103.36	-133.69	44.7	53.67
Other Investing Activities	-13.74	-11.97	-20.28	-8.34	-7.22
Investing Cash Flow	-83.57	-166.59	-178.5	25.52	30.38
Short-Term Debt Issued	49.42	155.27	-	96.7	214.19
Long-Term Debt Issued	-	-	-	-	168.96
Total Debt Issued	49.42	155.27	-	96.7	383.15
Short-Term Debt Repaid	-	-	-296.12	-	-
Long-Term Debt Repaid	-2.71	-5.55	-29.52	-60.85	-98.24
Total Debt Repaid	-2.71	-5.55	-325.63	-60.85	-98.24
Net Debt Issued (Repaid)	46.71	149.71	-325.63	35.85	284.92
Issuance of Common Stock	-	-	-	-	59.04
Common Dividends Paid	-274.82	-232.56	-153.7	-460.94	-296.4
Financing Cash Flow	-228.12	-82.84	-479.33	-425.09	47.55
Foreign Exchange Rate Adjustments	-12.49	-26.95	-15.54	-24.18	-0.06
Net Cash Flow	111.87	35.94	-85.77	63.47	97
Free Cash Flow	386.32	260.87	562.52	476.37	3.61
Free Cash Flow Growth	48.09%	-53.63%	18.09%	13095.71%	-99.17%
Free Cash Flow Margin	15.05%	9.35%	22.36%	15.64%	0.13%
Free Cash Flow Per Share	7.30	4.92	10.62	9.04	0.07
Cash Interest Paid	23.5	18.32	26.82	17.42	10.33
Cash Income Tax Paid	64.33	63.51	84.53	71.19	98.25
Levered Free Cash Flow	393.67	120.18	492.45	282.59	-47.98
Unlevered Free Cash Flow	408.37	131.61	508.19	294.82	-41.37
Change in Working Capital	100.18	-97.75	265.44	50.01	-359.56

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