Reward Wool Industry 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	433.97	80.8	70.53	73.35	153.94
Depreciation & Amortization	9.59	8.89	9.91	9.7	10.26
Loss (Gain) From Sale of Assets	-17.23	-	-20.04	-9.8	-10.67
Asset Writedown & Restructuring Costs	-	-	3.22	-	-
Loss (Gain) on Equity Investments	-	4.79	0.52	-10.5	-215.63
Provision & Write-off of Bad Debts	0.05	-	-0.08	0.03	0.05
Other Operating Activities	0.07	-15.38	11.14	162.15	310.67
Change in Accounts Receivable	-4.68	-	7.86	-2.42	-5.45
Change in Inventory	8.76	74.53	61.13	101.47	139.52
Change in Accounts Payable	0.01	-0.38	0.05	-0.18	-0.57
Change in Unearned Revenue	0.5	-5.87	5.87	-1.4	1.16
Change in Other Net Operating Assets	8.87	2.27	-0.78	-7.2	-4.67
Operating Cash Flow	146.34	138.79	149.34	315.2	394.22
Operating Cash Flow Growth	5.44%	-7.06%	-52.62%	-20.04%	12711.73%
Capital Expenditures	-0.94	-41.79	-28.77	-0.71	-3.72
Sale of Property, Plant & Equipment	17.26	-	20.04	9.8	11.2
Sale (Purchase) of Real Estate	-	-	-	-0.17	-0.55
Investment in Securities	-98.05	-301.24	100.97	-92.96	3.56
Other Investing Activities	-4.58	0.01	7.94	-7.94	0.06
Investing Cash Flow	-86.32	-343.03	100.19	-91.97	10.55
Short-Term Debt Issued	60	59	-	-	70
Total Debt Issued	60	59	-	-	70
Short-Term Debt Repaid	-60	-59	-	-	-70
Total Debt Repaid	-60	-59	-	-	-70
Repurchase of Common Stock	-	-	-387.52	-	-
Common Dividends Paid	-79.72	-59.79	-27.68	-103.8	-249.12
Other Financing Activities	-1.08	0.78	0.11	1.18	1.37
Financing Cash Flow	-80.8	-59.01	-415.09	-102.63	-247.76
Net Cash Flow	-20.77	-263.24	-165.56	120.61	157.01
Free Cash Flow	145.41	97	120.57	314.5	390.5
Free Cash Flow Growth	49.91%	-19.55%	-61.66%	-19.46%	13132.87%
Free Cash Flow Margin	170.29%	92.87%	97.09%	178.75%	205.37%
Free Cash Flow Per Share	1.45	0.97	1.21	3.15	3.89
Cash Interest Paid	0.27	0.23	0.1	0.04	0.06
Cash Income Tax Paid	3.63	46.39	19.72	29.97	29.84
Levered Free Cash Flow	-18.22	-36.73	24.27	76.83	106.81
Unlevered Free Cash Flow	-18.05	-36.58	24.33	76.86	106.85
Change in Working Capital	-280.11	59.7	74.14	90.28	145.59

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