Capital Securities 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	5,736	4,884	4,132	840.04	5,250
Depreciation & Amortization, Total	497.97	490.95	463.48	463.51	469.98
Gain (Loss) On Sale of Investments	-1,297	991.63	-1,158	1,778	96.67
Stock-Based Compensation	10.43	-	-	-	-
Change in Accounts Receivable	-12,298	2,882	-10,114	5,420	-237.87
Change in Accounts Payable	10,992	459.58	6,200	-6,117	20.65
Change in Other Net Operating Assets	3,448	-24,569	18,561	8,880	435.88
Other Operating Activities	1,010	375.86	748.72	552.03	415.97
Operating Cash Flow	-6,030	-28,203	-11,832	13,856	-998.35
Capital Expenditures	-238.74	-174.66	-263.03	-110.6	-215.09
Sale (Purchase) of Intangibles	-69.28	-52.11	-57.19	-38.85	-35.75
Investment in Securities	939.22	-2,093	-2,066	-3,360	31.28
Other Investing Activities	-1.22	-0.5	-0.56	-0.49	-0.62
Investing Cash Flow	629.98	-2,320	-2,386	-3,459	-220.17
Short-Term Debt Issued	12,756	29,855	12,895	-	6,098
Long-Term Debt Issued	6,000	4,500	-	-	-
Total Debt Issued	18,756	34,355	12,895	-	6,098
Short-Term Debt Repaid	-741.87	-	-	-5,416	-583.29
Long-Term Debt Repaid	-4,720	-212.74	-202.25	-191.73	-203.87
Total Debt Repaid	-5,461	-212.74	-202.25	-5,608	-787.16
Net Debt Issued (Repaid)	13,295	34,142	12,693	-5,608	5,311
Issuance of Common Stock	-	0	-	-	0.06
Common Dividends Paid	-3,571	-3,202	-1,123	-3,728	-2,650
Other Financing Activities	1,048	-	-	-23.65	-
Financing Cash Flow	10,771	30,941	11,570	-9,360	2,661
Foreign Exchange Rate Adjustments	6.1	273.58	-13.49	414.74	-132.22
Net Cash Flow	5,377	691.01	-2,661	1,452	1,310
Free Cash Flow	-6,269	-28,377	-12,095	13,745	-1,213
Free Cash Flow Margin	-37.93%	-198.64%	-113.16%	173.90%	-9.42%
Free Cash Flow Per Share	-2.88	-13.05	-5.56	6.33	-0.56
Cash Interest Paid	2,587	3,093	1,642	539.61	202.84
Cash Income Tax Paid	1,034	914.86	467.98	631.97	587.22

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