Hua Yu Lien Development 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	973.25	2,331	945.94	630.64	486.38
Depreciation & Amortization	24.9	25.01	24.67	24.16	22.78
Other Amortization	-	12.78	9.28	9.58	9.73
Loss (Gain) From Sale of Assets	0.63	-	-	-	-
Loss (Gain) From Sale of Investments	1.9	-1.03	-0.58	2.28	-5.09
Loss (Gain) on Equity Investments	4.11	-	-	-	-
Other Operating Activities	-273.8	357.88	-249.86	77.35	-72.6
Change in Accounts Receivable	-	0.01	-0.04	-	1.81
Change in Inventory	-853.4	-3,405	-1,770	690.68	-1,643
Change in Accounts Payable	-19.44	-43.11	147.4	92.34	101.12
Change in Unearned Revenue	-294.91	-8.17	224.18	-363.26	-28.43
Change in Other Net Operating Assets	370.69	427.03	-402	474.06	-210.54
Operating Cash Flow	-1,449	-312.41	-1,067	1,633	-1,346
Capital Expenditures	-6.56	-0.09	-1.09	-2.11	-6.68
Sale (Purchase) of Real Estate	-	-21.96	-28.9	-9.67	-
Investment in Securities	-90	-	-15.73	-	-
Other Investing Activities	73.78	-83.65	7.59	-4.31	47.41
Investing Cash Flow	-22.78	-105.69	-38.12	-16.1	40.73
Short-Term Debt Issued	3,679	4,280	3,974	1,604	3,384
Long-Term Debt Issued	4,433	3,419	3,133	1,439	1,092
Total Debt Issued	8,113	7,699	7,107	3,044	4,476
Short-Term Debt Repaid	-3,385	-3,265	-5,877	-2,414	-2,833
Long-Term Debt Repaid	-1,575	-2,747	-5.34	-1,472	-3.43
Total Debt Repaid	-4,960	-6,011	-5,882	-3,885	-2,837
Net Debt Issued (Repaid)	3,153	1,687	1,225	-841.66	1,640
Common Dividends Paid	-1,300	-600	-500	-400	-191.27
Other Financing Activities	264.63	72.7	123.62	0.99	1.4
Financing Cash Flow	2,117	1,160	848.57	-1,241	1,450
Net Cash Flow	645.63	741.88	-256.97	376.36	144.6
Free Cash Flow	-1,455	-312.49	-1,069	1,631	-1,353
Free Cash Flow Margin	-37.40%	-4.49%	-65.62%	41.40%	-52.44%
Free Cash Flow Per Share	-7.15	-1.61	-5.72	8.72	-7.61
Cash Interest Paid	260.79	220.53	180.02	157.9	118.5
Cash Income Tax Paid	511.1	39.73	231.31	4.82	17.88
Levered Free Cash Flow	-642.6	-986.66	-1,598	1,485	-1,830
Unlevered Free Cash Flow	-505.46	-910.38	-1,549	1,530	-1,795
Change in Working Capital	-2,180	-3,038	-1,797	889.11	-1,787

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.