Chih Lien Industrial 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	-5.88	15.92	-54.79	47.22	143.35
Depreciation & Amortization	52.49	62.98	71.81	71.74	71.81
Loss (Gain) From Sale of Assets	0.51	-	-	-	-
Provision & Write-off of Bad Debts	-1.24	0.93	0.25	0.06	-0.14
Other Operating Activities	0.53	0.51	-11.42	-21.98	39.64
Change in Accounts Receivable	29.82	-32.86	0.92	25.72	37.86
Change in Inventory	55.62	3.31	331.29	-314.11	-154.27
Change in Accounts Payable	-45.73	46.43	-43.62	-51.12	59.55
Change in Other Net Operating Assets	-5.45	16.42	-7.01	-10.18	1.95
Operating Cash Flow	80.67	113.64	288.39	-252.63	206.94
Operating Cash Flow Growth	-29.02%	-60.59%	-	-	11.37%
Capital Expenditures	-17.23	-15.83	-15.46	-31.38	-41.73
Investment in Securities	10.7	8.16	14.81	-12.62	-
Other Investing Activities	5.69	0.9	0.87	-0.27	-2.89
Investing Cash Flow	-0.84	-6.77	0.22	-44.27	-44.62
Short-Term Debt Issued	681.17	665.31	773.34	2,025	505.46
Long-Term Debt Issued	35	-	420	50	-
Total Debt Issued	716.17	665.31	1,193	2,075	505.46
Short-Term Debt Repaid	-726.79	-661.8	-1,335	-1,647	-547.32
Long-Term Debt Repaid	-80.91	-122.99	-83.26	-54.24	-103.57
Total Debt Repaid	-807.7	-784.79	-1,418	-1,701	-650.89
Net Debt Issued (Repaid)	-91.53	-119.49	-224.6	374.06	-145.42
Common Dividends Paid	-	-	-34.13	-117	-24.38
Other Financing Activities	0.06	0.07	0.05	0.03	0.06
Financing Cash Flow	-91.47	-119.42	-258.68	257.09	-169.73
Foreign Exchange Rate Adjustments	0.65	-	-0.09	0.71	-1.33
Net Cash Flow	-10.99	-12.55	29.85	-39.11	-8.74
Free Cash Flow	63.44	97.82	272.94	-284.01	165.21
Free Cash Flow Growth	-35.14%	-64.16%	-	-	2.86%
Free Cash Flow Margin	6.42%	8.92%	29.78%	-24.30%	10.82%
Free Cash Flow Per Share	0.65	1.00	2.79	-2.91	1.69
Cash Interest Paid	-	13.25	17.81	13.38	7.01
Cash Income Tax Paid	-	0.2	11.71	34.05	-4.1
Levered Free Cash Flow	177.54	88.48	307.6	-312.53	121.42
Unlevered Free Cash Flow	184.77	96.72	318.67	-304	125.84
Change in Working Capital	34.26	33.31	282.54	-349.66	-47.72

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