TPE:2701 Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	223.01	229.64	237.34	211.75	84.36	174.12
Depreciation & Amortization	2.05	2.82	3.42	3.9	6.87	8.52
Gain (Loss) on Sale of Investments	-1.74	-1.62	-1.37	-0.57	-0.22	-0.45
Income (Loss) on Equity Investments	-3.67	-13.89	-47.62	-63.59	82.56	25.38
Change in Accounts Receivable	22.66	10.8	9.06	7.41	5.02	3.11
Change in Accounts Payable	0.4	-1.77	-0.04	0.52	-1.23	0.64
Change in Other Net Operating Assets	-1.51	-0.9	1.53	1.39	-1.12	-0.67
Other Operating Activities	-103.29	-95.15	-41	-64.36	-76.96	-98.82
Operating Cash Flow	137.9	129.93	161.34	96.45	99.28	111.83
Operating Cash Flow Growth	7.33%	-19.47%	67.27%	-2.84%	-11.23%	-16.10%
Acquisition of Real Estate Assets	-1.38	-0.39	-0.09	-0.1	-0.01	-0.65
Net Sale / Acq. of Real Estate Assets	-1.38	-0.39	-0.09	-0.1	-0.01	-0.65
Investment in Marketable & Equity Securities	-66.57	-118.76	-12.74	-68.16	-50.1	-50.12
Other Investing Activities	98.42	86.93	63.8	71.84	53.19	88.63
Investing Cash Flow	30.46	-32.22	50.97	3.59	3.07	37.86
Common Dividends Paid	-129.12	-129.16	-105.39	-75.32	-108.67	-172.5
Other Financing Activities	7.43	-5.4	-	-	-	0.1
Net Cash Flow	46.25	-36.85	106.91	24.72	-6.33	-22.71
Cash Income Tax Paid	46.6	53.15	26.17	28.62	37.53	45.91
Levered Free Cash Flow	41.69	-17.21	147.56	38.54	-25.68	31.58
Unlevered Free Cash Flow	41.71	-17.21	147.56	38.54	-25.68	31.58
Change in Working Capital	21.55	8.12	10.56	9.32	2.67	3.08

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