Capital Securities Income 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
Interest and Dividend Income	6,020	5,836	5,728	2,525	2,352	1,815
Total Interest Expense	2,716	2,918	1,914	581.51	195.93	375.29
Net Interest Income	3,304	2,919	3,814	1,944	2,156	1,440
Brokerage Commission	7,145	7,449	5,639	5,760	8,273	5,777
Trading & Principal Transactions	-3,936	-	-	-	-	-
Asset Management Fee	165.69	112.75	62.38	66.13	78.43	76.33
Underwriting & Investment Banking Fee	341.01	323.44	258.7	254.62	327.67	376.56
Gain on Sale of Investments (Rev)	4,891	4,554	3,197	-2,383	4,079	2,153
Other Revenue	3,235	-1,071	-2,283	2,262	-2,028	-644.22
Revenue	15,145	14,286	10,688	7,904	12,887	9,180
Revenue Growth (YoY)	10.62%	33.67%	35.22%	-38.66%	40.38%	30.59%
Salaries & Employee Benefits	4,020	3,830	3,419	2,775	3,807	2,902
Cost of Services Provided	1,740	1,607	1,195	1,275	1,455	1,232
Other Operating Expenses	3,768	3,715	2,403	2,510	1,812	1,311
Total Operating Expenses	10,035	9,644	7,483	7,030	7,563	5,924
Operating Income	5,110	4,642	3,205	874.55	5,324	3,256
Currency Exchange Gains	-24.2	7.91	-0.52	23.87	-14.28	-5.75
Other Non-Operating Income (Expenses)	2,156	2,074	2,284	1,063	684.35	848.36
EBT Excluding Unusual Items	7,711	7,110	5,694	2,163	6,200	4,279
Gain (Loss) on Sale of Investments	-1,024	-678.43	-603.81	-348.53	14.65	70.1
Other Unusual Items	9.73	140.46	18.54	31.95	12.69	21.86
Pretax Income	6,697	6,572	5,109	1,846	6,228	4,383
Income Tax Expense	1,083	1,170	537.78	667.04	765.86	542.02
Earnings From Continuing Ops.	5,614	5,402	4,571	1,179	5,462	3,841
Minority Interest in Earnings	-527.5	-518.3	-439.48	-338.98	-212.06	-271.15
Net Income	5,087	4,884	4,132	840.04	5,250	3,570
Net Income to Common	5,087	4,884	4,132	840.04	5,250	3,570
Net Income Growth	7.98%	18.21%	391.82%	-84.00%	47.07%	39.06%
Shares Outstanding (Basic)	2,171	2,171	2,171	2,171	2,171	2,171
Shares Outstanding (Diluted)	2,175	2,175	2,177	2,172	2,175	2,174
Shares Change (YoY)	-0.04%	-0.09%	0.19%	-0.13%	0.04%	-6.17%
EPS (Basic)	2.34	2.25	1.90	0.39	2.42	1.64
EPS (Diluted)	2.34	2.25	1.90	0.39	2.41	1.64
EPS Growth	8.35%	18.40%	391.02%	-83.94%	46.95%	47.87%
Free Cash Flow	16,019	-28,372	-12,095	13,745	-1,213	2,570
Free Cash Flow Per Share	7.37	-13.05	-5.56	6.33	-0.56	1.18
Dividend Per Share	1.500	1.500	1.330	0.390	1.650	1.100
Dividend Growth	12.78%	12.78%	241.03%	-76.36%	50.00%	37.50%
Operating Margin	33.74%	32.50%	29.98%	11.06%	41.31%	35.47%
Profit Margin	33.59%	34.19%	38.66%	10.63%	40.74%	38.88%
Free Cash Flow Margin	105.77%	-198.59%	-113.16%	173.90%	-9.42%	28.00%
Effective Tax Rate	16.17%	17.81%	10.53%	36.13%	12.30%	12.37%
Revenue as Reported	17,149	17,149	12,746	8,219	13,282	9,724

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