First Hotel Company Ltd. (TPE:2706)

First Hotel Company Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	325.56	277.73	300.7	301.45	78.4
Depreciation & Amortization	2.25	2.52	2.81	3.08	3.27
Loss (Gain) From Sale of Assets	-	-	-	-	0.12
Loss (Gain) From Sale of Investments	-0.17	-0.16	-0.13	-0.05	-0.02
Loss (Gain) on Equity Investments	-46.77	-21.47	-73.99	-100.74	130.53
Other Operating Activities	-82.9	-103.26	-39.01	-43.88	-89.24
Change in Accounts Receivable	-0.01	2	-3.5	-0.22	-0.14
Change in Accounts Payable	-0.58	-2.77	0.78	1.84	-4.03
Change in Other Net Operating Assets	-0.72	-3.48	0.73	-14.4	15.05
Operating Cash Flow	196.67	151.11	188.4	147.09	133.94
Operating Cash Flow Growth	30.15%	-19.79%	28.09%	9.82%	1.06%
Capital Expenditures	-9.7	-2.05	-2.23	-0.21	-0.15
Investment in Securities	-70.93	-141.4	-55.19	-173.08	-72.06
Other Investing Activities	94.53	80.92	62.78	64.7	56.58
Investing Cash Flow	13.9	-62.52	5.37	-108.59	-15.63
Common Dividends Paid	-177.46	-176.92	-163.71	-68.04	-72.87
Other Financing Activities	-	0.02	-0.31	-0.09	-0.06
Financing Cash Flow	-177.46	-176.89	-164.02	-68.13	-72.93
Net Cash Flow	33.11	-88.3	29.74	-29.62	45.38
Free Cash Flow	186.97	149.06	186.17	146.88	133.79
Free Cash Flow Growth	25.43%	-19.93%	26.75%	9.79%	1.35%
Free Cash Flow Margin	49.60%	41.88%	54.23%	50.56%	52.91%
Free Cash Flow Per Share	0.37	0.30	0.37	0.29	0.27
Cash Income Tax Paid	63.66	86.85	45.62	40.27	48.32
Levered Free Cash Flow	153.19	117.37	165.6	116.82	106.59
Unlevered Free Cash Flow	154.49	118.57	166.72	117.4	107.18
Change in Working Capital	-1.31	-4.25	-1.98	-12.77	10.87

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