Farglory Land Development 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	5,825	3,373	3,718	5,506	6,081
Depreciation & Amortization	251.18	251.58	225.77	234.52	215.18
Loss (Gain) From Sale of Assets	-	-	-35.01	-226.97	-124.77
Loss (Gain) on Equity Investments	202.85	387.33	-16.87	1.2	93.29
Other Operating Activities	4.26	-1,347	-750.1	-805.27	-5.27
Change in Accounts Receivable	26.11	117.78	111.36	-30.17	46.49
Change in Inventory	-570.9	-7,437	-1,304	-2,705	-571.71
Change in Accounts Payable	1,090	412.53	-192.24	-348.9	-102.4
Change in Unearned Revenue	-55.36	2,535	117.28	-906.08	1,301
Change in Other Net Operating Assets	470.05	-1,616	-241.37	-19.73	1,153
Operating Cash Flow	7,243	-3,323	1,632	699.44	8,085
Operating Cash Flow Growth	-	-	133.34%	-91.35%	238.44%
Capital Expenditures	-17.87	-37.61	-29.87	-65.01	-66.97
Sale of Property, Plant & Equipment	0.02	1.83	0.14	0.01	-
Sale (Purchase) of Intangibles	-77.74	-52.84	-51.24	-49.32	-46.88
Sale (Purchase) of Real Estate	-	-	74.08	502.98	257.2
Investment in Securities	-490	1,350	-3,000	-1,000	969.34
Other Investing Activities	80.68	70.24	52.14	87.71	89.06
Investing Cash Flow	-504.91	1,332	-2,955	-523.63	1,202
Short-Term Debt Issued	195.08	2,697	314.81	4,707	1,126
Long-Term Debt Issued	2,909	703	660	1,420	669.24
Total Debt Issued	3,104	3,400	974.81	6,127	1,795
Short-Term Debt Repaid	-2,390	-	-	-1,368	-545.51
Long-Term Debt Repaid	-208.05	-330.97	-953.02	-1,950	-3,351
Total Debt Repaid	-2,598	-330.97	-953.02	-3,319	-3,897
Net Debt Issued (Repaid)	505.44	3,069	21.79	2,808	-2,101
Common Dividends Paid	-1,641	-2,736	-3,126	-5,080	-3,517
Other Financing Activities	8.51	0.27	-0.7	-2.86	4.55
Financing Cash Flow	-1,127	333.3	-3,105	-2,275	-5,614
Net Cash Flow	5,611	-1,658	-4,428	-2,099	3,672
Free Cash Flow	7,225	-3,361	1,602	634.43	8,018
Free Cash Flow Growth	-	-	152.54%	-92.09%	243.12%
Free Cash Flow Margin	23.19%	-15.00%	7.33%	2.39%	24.20%
Free Cash Flow Per Share	9.23	-4.30	2.05	0.81	10.24
Cash Interest Paid	1,217	1,006	979.47	794.94	715.32
Cash Income Tax Paid	657.09	1,470	949.92	1,668	1,416
Levered Free Cash Flow	5,896	-4,060	725.19	-664.16	6,826
Unlevered Free Cash Flow	5,967	-4,012	797.83	-510.35	6,983
Change in Working Capital	959.94	-5,988	-1,509	-4,010	1,826

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