Wellell 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	121.12	115.24	152.17	161.4	102.25
Depreciation & Amortization	103.78	95.21	93.76	90.64	91.21
Other Amortization	-	-	-	2.67	2.34
Loss (Gain) From Sale of Assets	0.59	0.86	0.45	0.12	0.4
Asset Writedown & Restructuring Costs	-	-	12.42	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	-0.04
Loss (Gain) on Equity Investments	1.13	1.16	0.32	-	-
Provision & Write-off of Bad Debts	8.24	14.74	-0.16	1.18	-0.32
Other Operating Activities	10.58	-25.6	16.39	24.08	-10.95
Change in Accounts Receivable	-23.2	84.72	20.02	-137.57	-52.61
Change in Inventory	-8.5	4.49	132.22	2.39	-180.59
Change in Accounts Payable	-15.97	-44.67	4.45	-36.27	85.04
Change in Other Net Operating Assets	9.68	-32.93	23.62	-26.51	-29.66
Operating Cash Flow	207.45	213.23	455.66	82.15	7.07
Operating Cash Flow Growth	-2.71%	-53.20%	454.70%	1061.88%	-97.47%
Capital Expenditures	-47.05	-56.91	-28.83	-44.99	-46.67
Sale of Property, Plant & Equipment	2.02	1.73	1.6	0.58	2.61
Sale (Purchase) of Intangibles	-5.72	-3.83	-3.29	-3.01	-5.62
Investment in Securities	77.37	-5.4	-23.96	15.43	32.75
Other Investing Activities	-0.3	2.88	1.58	-0.91	1.01
Investing Cash Flow	26.33	-61.53	-52.9	-32.9	-15.92
Short-Term Debt Issued	620.82	575.19	664.59	1,261	996.28
Total Debt Issued	620.82	575.19	664.59	1,261	996.28
Short-Term Debt Repaid	-661.98	-616.31	-754.79	-1,327	-824.51
Long-Term Debt Repaid	-42.53	-31.24	-24.4	-24.46	-34.4
Total Debt Repaid	-704.51	-647.54	-779.2	-1,352	-858.91
Net Debt Issued (Repaid)	-83.68	-72.36	-114.61	-90.33	137.38
Common Dividends Paid	-80.73	-80.73	-85.78	-55.5	-55.5
Other Financing Activities	-	0.1	-	-	-
Financing Cash Flow	-164.41	-152.99	-200.38	-145.83	81.88
Foreign Exchange Rate Adjustments	48.81	19.34	0.72	48.64	-49.95
Net Cash Flow	118.18	18.06	203.1	-47.95	23.07
Free Cash Flow	160.41	156.33	426.83	37.16	-39.6
Free Cash Flow Growth	2.61%	-63.38%	1048.69%	-	-
Free Cash Flow Margin	6.67%	6.55%	16.12%	1.40%	-1.67%
Free Cash Flow Per Share	1.58	1.54	4.20	0.37	-0.39
Cash Interest Paid	14.05	13.48	14.06	9.83	7.56
Cash Income Tax Paid	35.26	57.76	41.43	18.14	37.97
Levered Free Cash Flow	144.08	132.17	379.5	-41.3	-113.35
Unlevered Free Cash Flow	153.11	140.26	388.37	-34.93	-108.55
Change in Working Capital	-37.99	11.62	180.3	-197.96	-177.82

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