Drewloong Precision 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	120.06	284.24	242.03	183.57	53.74
Depreciation & Amortization	55.98	62.26	63.39	60.49	58.79
Other Amortization	6.68	5.44	4.67	3.56	5.58
Loss (Gain) From Sale of Assets	-0.36	-	-	-	-0.6
Loss (Gain) From Sale of Investments	-2	-0.15	-	-	-
Provision & Write-off of Bad Debts	0.03	-3.52	-9.67	13.34	-0.66
Other Operating Activities	11.35	-48.82	-18.75	-12.22	-47.93
Change in Accounts Receivable	68.5	-24.32	-31.94	-96.08	-46.32
Change in Inventory	60.73	-135.04	-27.91	-99.64	31.4
Change in Accounts Payable	-9.92	7.14	-1.61	6.37	2.87
Change in Unearned Revenue	-2.03	55.95	47.89	48.66	37.53
Change in Other Net Operating Assets	-33.72	13.18	18.76	86.69	-50.07
Operating Cash Flow	275.31	216.37	286.86	194.74	44.32
Operating Cash Flow Growth	27.24%	-24.57%	47.30%	339.40%	-61.15%
Capital Expenditures	-235.67	-275.23	-40.97	-23.42	-29.95
Sale of Property, Plant & Equipment	0.36	-	-	-	0.6
Sale (Purchase) of Intangibles	-4.51	-12.66	-0.29	-10.28	-0.37
Investment in Securities	0.52	-103.72	-183.54	202.84	109.51
Other Investing Activities	2.76	-2.58	-2.25	-0.29	-1.27
Investing Cash Flow	-236.53	-394.19	-227.04	168.86	78.53
Long-Term Debt Issued	-	581.05	-	-	-
Long-Term Debt Repaid	-7.16	-5.81	-7.54	-88.32	-2.84
Net Debt Issued (Repaid)	-7.16	575.23	-7.54	-88.32	-2.84
Common Dividends Paid	-185	-195	-75.4	-179	-179
Financing Cash Flow	-192.16	380.23	-82.94	-267.32	-181.84
Net Cash Flow	-153.39	202.41	-23.13	96.28	-58.99
Free Cash Flow	39.64	-58.86	245.89	171.33	14.37
Free Cash Flow Growth	-	-	43.52%	1091.99%	-85.35%
Free Cash Flow Margin	5.91%	-6.75%	29.53%	26.90%	3.56%
Free Cash Flow Per Share	0.92	-1.42	6.14	4.27	0.36
Cash Interest Paid	2.43	2.46	2.54	2.06	1.54
Cash Income Tax Paid	9.84	102.01	48.16	5.31	19.11
Levered Free Cash Flow	-71.04	-149.14	191.05	84.42	4.51
Unlevered Free Cash Flow	-62.05	-144.23	192.63	85.7	5.48
Change in Working Capital	83.57	-83.08	5.19	-54	-24.6

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