TPE:2832 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	1,243	1,162	978.27	671.96	373.21
Depreciation & Amortization	68.53	60.46	64.24	59.14	58.97
Other Amortization	6.96	7.6	9.64	6.99	5.54
Gain (Loss) on Sale of Assets	-	-23.93	-	-1.18	-3.69
Gain (Loss) on Sale of Investments	40.59	33.84	-47.1	177.27	-34.96
Change in Accounts Receivable	42.75	-9.84	43.82	-27.66	-37.06
Reinsurance Recoverable	-44.69	1.23	9.85	-62.17	18.9
Change in Insurance Reserves / Liabilities	-	-0.09	0.09	-	-
Change in Other Net Operating Assets	973.92	-2,092	-1,066	-1,060	465.63
Other Operating Activities	287.68	298.46	442.72	110.13	417.63
Operating Cash Flow	3,344	1,140	677.33	-772.36	910.82
Operating Cash Flow Growth	193.46%	68.25%	-	-	70.26%
Capital Expenditures	-2,027	-8.09	-6.57	-28.59	-19.41
Sale of Property, Plant & Equipment	-	1.41	-	1.18	-
Purchase / Sale of Intangible Assets	-2.13	-5.71	-7.25	-9.78	-7.66
Investment in Securities	39.5	-	-191.34	24.75	-
Other Investing Activities	-22.01	-1.19	-8.28	-12.67	25.72
Investing Cash Flow	-2,014	5.66	-216.28	-28.01	18.24
Total Debt Repaid	-27.01	-33.07	-35.7	-33.24	-33.77
Net Debt Issued (Repaid)	-27.01	-33.07	-35.7	-33.24	-33.77
Issuance of Common Stock	-	0	-	-	-
Repurchases of Common Stock	-1,087	-	-	-	-
Common Dividends Paid	-724.4	-470.86	-362.2	-271.65	-398.42
Other Financing Activities	-0.65	-4.22	3.57	1.53	-3.06
Financing Cash Flow	-1,839	-508.15	-394.33	-303.36	-435.25
Net Cash Flow	-508.19	637.12	66.71	-1,104	493.81
Free Cash Flow	1,317	1,132	670.76	-800.94	891.4
Free Cash Flow Growth	16.38%	68.69%	-	-	70.04%
Free Cash Flow Margin	17.90%	15.67%	9.92%	-13.50%	11.86%
Free Cash Flow Per Share	4.13	3.11	2.64	-3.15	3.51
Cash Income Tax Paid	200.83	304.92	145.57	43.81	47.86
Levered Free Cash Flow	-499.94	1,394	1,278	506.65	708.26
Unlevered Free Cash Flow	-499.07	1,395	1,279	507.51	709.28
Change in Working Capital	1,687	-332.04	-767.19	-1,817	119.91

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