104 Corporation 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	476.33	469.36	451.56	445.26	370.44	258.74
Depreciation & Amortization	92.01	89.18	76.07	68.6	67.07	71.83
Other Amortization	12.01	11.18	1.27	0.66	1.12	1.79
Loss (Gain) From Sale of Assets	0.02	2.63	0.05	0.02	0.4	0.17
Loss (Gain) From Sale of Investments	11.04	10.28	-	1.24	-	-
Loss (Gain) on Equity Investments	-	12.36	5.77	-	-	-
Provision & Write-off of Bad Debts	1.69	1.14	1.74	1.26	1.88	0.89
Other Operating Activities	-1.64	2.14	-0.53	6.91	-6.1	-4.74
Change in Accounts Receivable	-2.27	-7.51	10.79	-7.23	-24.99	-3.89
Change in Accounts Payable	11.18	8.96	-2.26	1.75	3.91	-0.59
Change in Unearned Revenue	148.55	148.08	130.56	152.91	81.96	82.39
Change in Other Net Operating Assets	74.06	34.04	-12.51	97.38	107.19	5.96
Operating Cash Flow	822.97	781.85	662.51	768.76	602.88	412.54
Operating Cash Flow Growth	9.59%	18.01%	-13.82%	27.51%	46.14%	-12.40%
Capital Expenditures	-49.4	-59.19	-69.48	-35.16	-27.3	-25.23
Sale of Property, Plant & Equipment	-	-	-	0.03	-	0.2
Sale (Purchase) of Intangibles	-3.36	-28.85	-13.62	-	-	-0.63
Investment in Securities	-1,077	-289.23	-73.19	-1,522	-	-
Other Investing Activities	-0.39	9.24	-12.47	-2.31	1.24	-0.77
Investing Cash Flow	-1,130	-368.02	-168.76	-1,559	-26.06	-26.43
Long-Term Debt Repaid	-	-41.24	-36.01	-34.51	-32.98	-33.01
Net Debt Issued (Repaid)	-42.25	-41.24	-36.01	-34.51	-32.98	-33.01
Common Dividends Paid	-469.36	-451.56	-445.26	-370.44	-258.89	-286.1
Financing Cash Flow	-511.6	-492.8	-481.27	-404.94	-291.87	-319.11
Foreign Exchange Rate Adjustments	-2.71	1.55	-0.8	0.2	-0.41	0.85
Net Cash Flow	-821.53	-77.42	11.69	-1,195	284.55	67.86
Free Cash Flow	773.57	722.65	593.04	733.6	575.58	387.32
Free Cash Flow Growth	16.52%	21.86%	-19.16%	27.45%	48.61%	-5.32%
Free Cash Flow Margin	29.39%	28.92%	25.46%	33.66%	31.10%	23.70%
Free Cash Flow Per Share	23.12	21.60	17.72	21.93	17.22	11.60
Cash Interest Paid	2.49	2.76	1.53	0.87	0.97	1.08
Cash Income Tax Paid	104.85	91.99	97.66	69.7	42.72	49.35
Levered Free Cash Flow	609.91	533.92	466.76	604.33	469.21	306.61
Unlevered Free Cash Flow	611.47	535.64	467.71	604.88	469.82	307.29
Change in Working Capital	231.52	183.58	126.58	244.81	168.08	83.87

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.