TPE:1537 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	652.8	963.33	609.1	881.58	620.04
Depreciation & Amortization	113.76	117.01	134.31	146.32	149.84
Loss (Gain) From Sale of Assets	-2.71	-0.31	-0.3	-0.12	-0.37
Loss (Gain) From Sale of Investments	17.55	-5.29	-4.3	-10.72	-11.55
Stock-Based Compensation	1.39	8.36	8.61	8.69	8.7
Provision & Write-off of Bad Debts	-0.05	2.87	-	-	-
Other Operating Activities	14.02	-103.49	-16.07	87.96	90.85
Change in Accounts Receivable	259.07	-272.44	-58.68	-52.38	253.8
Change in Inventory	324.87	-204.9	294.61	-247.87	-434.34
Change in Accounts Payable	-15.26	65.48	8.03	-59.31	-1.96
Change in Other Net Operating Assets	-136.84	46.28	6.73	27.83	-61.71
Operating Cash Flow	1,228	595.53	973.72	854.4	590
Operating Cash Flow Growth	106.19%	-38.84%	13.96%	44.81%	-53.72%
Capital Expenditures	-131.86	-121.51	-52.25	-88.42	-28.22
Sale of Property, Plant & Equipment	2.73	0.33	0.38	0.18	0.37
Sale (Purchase) of Intangibles	-5.17	-3.62	-2.34	-	-
Investment in Securities	40.95	64.06	-92.11	-	-39.46
Other Investing Activities	4.29	-3.87	-6.61	-8	-0.08
Investing Cash Flow	-89.06	-64.61	-152.93	-96.23	-67.39
Short-Term Debt Issued	-	33.26	12.36	-	6.39
Total Debt Issued	-	33.26	12.36	-	6.39
Short-Term Debt Repaid	-46.6	-	-	-37	-
Total Debt Repaid	-46.6	-	-	-37	-
Net Debt Issued (Repaid)	-46.6	33.26	12.36	-37	6.39
Common Dividends Paid	-861.66	-574	-819.37	-573.2	-818.36
Other Financing Activities	0.08	-0.01	-0.02	0.01	-1.07
Financing Cash Flow	-908.19	-540.75	-807.03	-610.19	-813.03
Foreign Exchange Rate Adjustments	-134.29	172.84	16.11	242.85	-32.89
Net Cash Flow	96.37	163	29.87	390.82	-323.31
Free Cash Flow	1,096	474.02	921.47	765.98	561.79
Free Cash Flow Growth	131.22%	-48.56%	20.30%	36.35%	-53.49%
Free Cash Flow Margin	16.53%	5.83%	14.36%	10.47%	9.69%
Free Cash Flow Per Share	13.31	5.75	11.20	9.31	6.82
Cash Interest Paid	1.47	0.62	0.2	0.23	0.75
Cash Income Tax Paid	222.26	469.62	273.53	207.79	106.64
Levered Free Cash Flow	954.48	280.08	776.16	401.67	504.83
Unlevered Free Cash Flow	955.4	280.46	776.29	401.81	505.29
Change in Working Capital	431.16	-386.94	242.35	-259.31	-267.51

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