Tung Ho Textile 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	42.2	56.67	32.85	104.36	142.5
Depreciation & Amortization	43.17	45.83	47.32	56.11	61.88
Loss (Gain) From Sale of Assets	2.76	-0.2	-	-0.28	-
Asset Writedown & Restructuring Costs	-4.4	-	-	-	-
Loss (Gain) From Sale of Investments	-13.8	-13.25	-17.51	10.38	-0.87
Provision & Write-off of Bad Debts	0.06	-	-	-	-
Other Operating Activities	6.64	-14.91	-20.65	-2.29	-22.7
Change in Accounts Receivable	5.12	4.69	-11.14	13.3	13.11
Change in Inventory	102.06	115.67	33.12	2.07	-9.35
Change in Accounts Payable	-0.71	-1.76	-4.11	0.89	3.98
Change in Unearned Revenue	-7.3	-11.52	10.75	-37.8	23.25
Change in Other Net Operating Assets	-7.21	-19.8	-0.76	-5.08	11.39
Operating Cash Flow	193.74	121.1	58.13	138.64	219.7
Operating Cash Flow Growth	59.98%	108.31%	-58.07%	-36.90%	35.22%
Capital Expenditures	-6.81	-2.86	-14.2	-40.52	-40.16
Sale of Property, Plant & Equipment	0.12	0.23	-	0.38	0.08
Sale (Purchase) of Real Estate	-	-	-28.8	-	-8.09
Investment in Securities	-29.29	97.02	-11.24	-74.39	-4.71
Other Investing Activities	1.68	0.76	-	-	-
Investing Cash Flow	-34.3	95.15	-54.24	-114.53	-52.88
Short-Term Debt Issued	-	-	27	23	47.11
Total Debt Issued	-	-	27	23	47.11
Short-Term Debt Repaid	-120	-144.5	-	-	-
Total Debt Repaid	-120	-144.5	-	-	-
Net Debt Issued (Repaid)	-120	-144.5	27	23	47.11
Common Dividends Paid	-50.6	-55	-70.4	-118.36	-54.12
Other Financing Activities	-2.48	-0.89	-0.05	-1.95	0.11
Financing Cash Flow	-173.08	-200.39	-43.45	-97.31	-6.9
Net Cash Flow	-13.65	15.86	-39.55	-73.2	159.92
Free Cash Flow	186.93	118.24	43.93	98.12	179.54
Free Cash Flow Growth	58.10%	169.13%	-55.22%	-45.35%	12.11%
Free Cash Flow Margin	39.94%	22.57%	7.75%	14.24%	22.17%
Free Cash Flow Per Share	0.84	0.60	0.22	0.49	0.91
Cash Interest Paid	7.82	10.41	12.86	6.45	5.8
Cash Income Tax Paid	-6.67	0.87	30.48	11.6	0.93
Levered Free Cash Flow	347.17	107.3	29.18	58.21	102.81
Unlevered Free Cash Flow	352	113.79	37.18	62.34	106.51
Change in Working Capital	117.12	46.96	16.12	-29.64	38.89

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