TPE:2539 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	4,124	2,830	1,915	1,505	753.99
Depreciation & Amortization	5.17	4.43	4.66	5.04	5.86
Loss (Gain) From Sale of Assets	-	-	-	-	0.05
Loss (Gain) From Sale of Investments	-	-	-	-	0.03
Other Operating Activities	-242.29	-248.33	74.6	-92.81	-143
Change in Accounts Receivable	79.87	-234.2	-37.05	1.43	30.79
Change in Inventory	2,311	-3,247	-2,096	-186.65	-2,517
Change in Accounts Payable	-308.2	334.15	159.15	81.12	-24.02
Change in Unearned Revenue	-1,415	2,508	1,141	-384.17	457.19
Change in Other Net Operating Assets	738.88	-1,496	-750.42	205.39	-125.93
Operating Cash Flow	5,293	451.03	410.89	1,135	-1,562
Operating Cash Flow Growth	1073.64%	9.77%	-63.79%	-	-
Capital Expenditures	-4.24	-1.25	-0.09	-0.48	-6.85
Sale (Purchase) of Intangibles	-0.96	-1.24	-0.38	-0.09	-2.41
Other Investing Activities	-2.92	2.9	2.08	11.15	-5.28
Investing Cash Flow	-8.12	0.41	1.61	10.57	-14.54
Short-Term Debt Issued	516.81	510.5	192.25	1,240	1,099
Long-Term Debt Issued	1,488	3,930	1,657	403.9	3,146
Total Debt Issued	2,005	4,440	1,849	1,643	4,246
Short-Term Debt Repaid	-274	-231.9	-744.59	-1,995	-2,253
Long-Term Debt Repaid	-2,432	-3,683	-606.75	-725.76	-298.62
Total Debt Repaid	-2,706	-3,914	-1,351	-2,721	-2,552
Net Debt Issued (Repaid)	-701.47	525.57	498.01	-1,077	1,694
Common Dividends Paid	-497.13	-342.85	-147.13	-128.21	-111.78
Other Financing Activities	0.28	-2.01	0.59	-2.88	4.49
Financing Cash Flow	-1,198	180.71	351.47	-1,208	1,587
Net Cash Flow	4,087	632.14	763.97	-62.91	10.24
Free Cash Flow	5,289	449.78	410.8	1,134	-1,569
Free Cash Flow Growth	1075.96%	9.49%	-63.78%	-	-
Free Cash Flow Margin	37.77%	4.99%	5.82%	18.11%	-36.70%
Free Cash Flow Per Share	4.44	0.38	0.34	0.95	-1.32
Cash Interest Paid	-	285.69	214.14	180.12	162.1
Cash Income Tax Paid	-	721.05	272.57	336	213.15
Levered Free Cash Flow	4,239	-156.37	54.18	822.75	-1,729
Unlevered Free Cash Flow	4,244	-153.46	57.13	831.46	-1,711
Change in Working Capital	1,406	-2,136	-1,583	-282.88	-2,179

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