Ta Jiang 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	4.59	1.87	60.71	-12.3	106.04
Depreciation & Amortization	4.16	5.95	5.45	3.81	3.41
Loss (Gain) From Sale of Assets	-0.86	-0.57	-	-0.15	-
Asset Writedown & Restructuring Costs	-3.39	-	-	-	-
Loss (Gain) From Sale of Investments	-38.36	-29.72	-41.3	-19.5	-113.92
Other Operating Activities	-11.35	-11.86	0.53	-32.84	-27.4
Change in Inventory	-346.61	-450.37	-191.63	170.06	-289.9
Change in Accounts Payable	19.11	9.53	11.67	-3.86	8.75
Change in Unearned Revenue	10.36	40.24	62.03	2.67	30.69
Change in Other Net Operating Assets	-11.1	-42.47	-23.42	-7.83	-1.65
Operating Cash Flow	-395.25	-417.98	-59.66	-25.29	-234.31
Capital Expenditures	-	-8.42	-	-3.93	-2.17
Sale of Property, Plant & Equipment	1.05	0.57	0.01	0.15	-
Investment in Securities	21.31	-	-	-	-
Other Investing Activities	11.81	30.34	8.33	40.8	17.03
Investing Cash Flow	34.17	22.49	8.33	37.02	14.85
Short-Term Debt Issued	128.94	350.58	7.95	-	-
Total Debt Issued	128.94	350.58	7.95	-	-
Short-Term Debt Repaid	-	-	-	-16	-26
Long-Term Debt Repaid	-4.26	-4.33	-5.86	-2.93	-1.03
Total Debt Repaid	-4.26	-4.33	-5.86	-18.93	-27.03
Net Debt Issued (Repaid)	124.68	346.25	2.09	-18.93	-27.03
Other Financing Activities	237.82	43.92	51.18	0.04	255
Financing Cash Flow	362.5	390.17	53.27	-18.89	227.97
Net Cash Flow	1.42	-5.32	1.94	-7.16	8.51
Free Cash Flow	-395.25	-426.4	-59.66	-29.22	-236.48
Free Cash Flow Margin	-26796.81%	-31010.62%	-29.27%	-11.76%	-533.99%
Free Cash Flow Per Share	-3.44	-3.77	-0.53	-0.26	-2.09
Cash Interest Paid	10.25	7.49	2.83	2.69	0
Cash Income Tax Paid	0.71	0.02	2.65	0.57	0.3
Levered Free Cash Flow	-338.73	-458.53	-174.76	105.97	-432.44
Unlevered Free Cash Flow	-332.03	-453.48	-172.77	107.65	-432.34
Change in Working Capital	-350.04	-383.64	-85.04	35.69	-202.45

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