Wan Hwa Enterprise Company Ltd. (TPE:2701)

TPE:2701 Cash Flow Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	247.2	229.64	237.34	211.75	84.36	174.12
Depreciation & Amortization	2.48	2.82	3.42	3.9	6.87	8.52
Gain (Loss) on Sale of Investments	-1.69	-1.62	-1.37	-0.57	-0.22	-0.45
Income (Loss) on Equity Investments	-43.52	-13.89	-47.62	-63.59	82.56	25.38
Change in Accounts Receivable	11.06	10.8	9.06	7.41	5.02	3.11
Change in Accounts Payable	-1.2	-1.77	-0.04	0.52	-1.23	0.64
Change in Other Net Operating Assets	-2.35	-0.9	1.53	1.39	-1.12	-0.67
Other Operating Activities	-91.85	-95.15	-41	-64.36	-76.96	-98.82
Operating Cash Flow	120.13	129.93	161.34	96.45	99.28	111.83
Operating Cash Flow Growth	-29.66%	-19.47%	67.27%	-2.84%	-11.23%	-16.10%
Acquisition of Real Estate Assets	-1.77	-0.39	-0.09	-0.1	-0.01	-0.65
Net Sale / Acq. of Real Estate Assets	-1.77	-0.39	-0.09	-0.1	-0.01	-0.65
Investment in Marketable & Equity Securities	-111.42	-118.76	-12.74	-68.16	-50.1	-50.12
Other Investing Activities	86.84	86.93	63.8	71.84	53.19	88.63
Investing Cash Flow	-26.35	-32.22	50.97	3.59	3.07	37.86
Common Dividends Paid	-127.77	-129.16	-105.39	-75.32	-108.67	-172.5
Other Financing Activities	-5.4	-5.4	-	-	-	0.1
Net Cash Flow	-39.45	-36.85	106.91	24.72	-6.33	-22.71
Cash Income Tax Paid	53.23	53.15	26.17	28.62	37.53	45.91
Levered Free Cash Flow	2.83	-17.21	147.56	38.54	-25.68	31.58
Unlevered Free Cash Flow	2.83	-17.21	147.56	38.54	-25.68	31.58
Change in Net Working Capital	125.15	132.26	-10.14	71.35	55.09	47.29

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