Capital Securities Income 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
Interest and Dividend Income	6,020	5,836	5,728	2,525	2,352
Total Interest Expense	2,554	2,915	1,914	581.51	195.62
Net Interest Income	3,466	2,921	3,814	1,944	2,157
Brokerage Commission	7,709	7,449	5,639	5,760	8,273
Asset Management Fee	201.4	112.75	62.38	66.13	78.43
Underwriting & Investment Banking Fee	351.41	323.44	258.7	254.62	327.67
Gain on Sale of Investments (Rev)	5,583	4,554	3,197	-2,383	4,079
Other Revenue	-781.66	-1,073	-2,283	2,262	-2,028
Revenue	16,529	14,286	10,688	7,904	12,887
Revenue Growth (YoY)	15.70%	33.67%	35.22%	-38.66%	40.38%
Salaries & Employee Benefits	4,545	3,830	3,419	2,775	3,807
Cost of Services Provided	1,856	1,607	1,195	1,275	1,455
Other Operating Expenses	4,047	3,715	2,403	2,510	1,812
Total Operating Expenses	10,970	9,644	7,483	7,030	7,563
Operating Income	5,560	4,642	3,205	874.55	5,324
Currency Exchange Gains	-17.51	7.91	-0.52	23.87	-14.28
Other Non-Operating Income (Expenses)	2,296	2,215	2,284	1,063	684.35
EBT Excluding Unusual Items	8,344	7,251	5,694	2,163	6,200
Gain (Loss) on Sale of Investments	-926.22	-678.43	-603.81	-348.53	14.65
Other Unusual Items	-	-	18.54	31.95	12.69
Pretax Income	7,417	6,572	5,109	1,846	6,228
Income Tax Expense	1,091	1,170	537.78	667.04	765.86
Earnings From Continuing Ops.	6,326	5,402	4,571	1,179	5,462
Minority Interest in Earnings	-590.19	-518.3	-439.48	-338.98	-212.06
Net Income	5,736	4,884	4,132	840.04	5,250
Net Income to Common	5,736	4,884	4,132	840.04	5,250
Net Income Growth	17.45%	18.21%	391.82%	-84.00%	47.07%
Shares Outstanding (Basic)	2,171	2,171	2,171	2,171	2,171
Shares Outstanding (Diluted)	2,175	2,175	2,177	2,172	2,175
Shares Change (YoY)	0.03%	-0.09%	0.19%	-0.13%	0.04%
EPS (Basic)	2.64	2.25	1.90	0.39	2.42
EPS (Diluted)	2.64	2.25	1.90	0.39	2.41
EPS Growth	17.35%	18.40%	391.02%	-83.94%	46.95%
Free Cash Flow	-6,269	-28,377	-12,095	13,745	-1,213
Free Cash Flow Per Share	-2.88	-13.05	-5.56	6.33	-0.56
Dividend Per Share	-	1.500	1.330	0.390	1.650
Dividend Growth	-	12.78%	241.03%	-76.36%	50.00%
Operating Margin	33.63%	32.50%	29.98%	11.06%	41.31%
Profit Margin	34.70%	34.19%	38.66%	10.63%	40.74%
Free Cash Flow Margin	-37.93%	-198.64%	-113.16%	173.90%	-9.42%
Effective Tax Rate	14.71%	17.81%	10.53%	36.13%	12.30%
Revenue as Reported	19,231	17,149	12,746	8,219	13,282

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