Hotai Finance 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	3,376	3,055	3,690	3,623	3,141
Depreciation & Amortization	730.07	1,275	1,498	1,435	1,338
Loss (Gain) From Sale of Investments	-19.09	-9.17	-6.31	-3.26	-
Asset Writedown & Restructuring Costs	0.32	-4.49	-2.44	-4.24	-8.53
Provision for Credit Losses	6,809	6,793	4,411	2,686	1,753
Loss (Gain) on Equity Investments	32.03	15.9	27.67	19.5	18.25
Stock-Based Compensation	-	-	0.91	10.15	-
Change in Accounts Payable	49.99	-	-	-	-
Change in Trading Asset Securities	0.56	9.17	306.31	-296.74	-
Change in Other Net Operating Assets	-4,116	-23,676	-55,937	-52,600	-41,721
Other Operating Activities	-86.99	-29.57	458.63	731.4	372.36
Operating Cash Flow	6,906	-12,318	-44,771	-44,039	-34,519
Capital Expenditures	-1,488	-2,185	-3,274	-2,497	-3,075
Sale of Property, Plant & Equipment	19.03	347.75	15.79	8.39	6.95
Cash Acquisitions	-501.12	-216.58	-600.76	-13.23	-
Investment in Securities	-791.04	-593.34	-1,062	-31.85	-
Other Investing Activities	-481.49	-381.91	-501.52	-13.35	-402.3
Investing Cash Flow	-3,242	-2,656	-5,423	-2,547	-3,471
Short-Term Debt Issued	25,742	30,960	46,370	44,695	41,455
Long-Term Debt Issued	16,204	655.06	1,434	4.24	134.07
Total Debt Issued	41,946	31,615	47,804	44,699	41,589
Short-Term Debt Repaid	-20,859	-12,587	-	-	-2,400
Long-Term Debt Repaid	-22,324	-905.34	-940.12	-152.73	-392.91
Total Debt Repaid	-43,184	-13,492	-940.12	-152.73	-2,793
Net Debt Issued (Repaid)	-1,238	18,123	46,864	44,547	38,796
Issuance of Preferred Stock	-	-	5,000	5,000	-
Common Dividends Paid	-1,869	-1,700	-1,861	-2,163	-1,803
Preferred Dividends Paid	-435	-287.06	-	-	-
Total Dividends Paid	-2,304	-1,987	-1,861	-2,163	-1,803
Other Financing Activities	-486.06	643.51	734.07	437.14	1,680
Financing Cash Flow	-4,028	16,780	50,737	47,821	38,674
Foreign Exchange Rate Adjustments	10.78	302.12	-47.18	89.75	-15.66
Net Cash Flow	-354.51	2,108	495.41	1,324	668.15
Free Cash Flow	5,418	-14,502	-48,045	-46,536	-37,594
Free Cash Flow Margin	22.86%	-61.93%	-190.28%	-222.22%	-223.22%
Free Cash Flow Per Share	8.68	-23.25	-77.04	-74.60	-60.27
Cash Interest Paid	5,957	5,792	4,452	2,431	1,537
Cash Income Tax Paid	826.15	1,456	1,443	1,127	1,116

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