Lungteh Shipbuilding 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	683.74	706.62	575	287.23	213.69
Depreciation & Amortization	209.94	190.02	174.97	140.21	93.07
Other Amortization	2.7	2.11	2.41	3.01	1.93
Loss (Gain) From Sale of Assets	0.25	0.61	0.04	0.04	0.28
Stock-Based Compensation	-	-	13.17	-	-
Provision & Write-off of Bad Debts	-	-	-	-3.55	5.81
Other Operating Activities	-48.95	-175.69	31.29	2.12	-7.03
Change in Accounts Receivable	437.43	-196.25	-447.16	458.64	22
Change in Inventory	-387.84	-87.97	802.84	-1,197	-95.71
Change in Accounts Payable	51.92	-11.43	-116.67	77.72	99.57
Change in Unearned Revenue	204.98	-574.9	1,424	589.95	599.26
Change in Other Net Operating Assets	226.35	55.7	82.05	281.7	-172.53
Operating Cash Flow	1,381	-91.17	2,542	640.44	760.34
Operating Cash Flow Growth	-	-	296.86%	-15.77%	-
Capital Expenditures	-855.58	-735.43	-275.77	-371.55	-451.59
Sale of Property, Plant & Equipment	0.01	0.03	-	0.07	0.01
Sale (Purchase) of Intangibles	-7.84	-0.44	-1	-5.53	-1.62
Investment in Securities	-93.78	-288.26	154.96	-76.57	-348.48
Other Investing Activities	16.21	105.62	-40.42	-1.81	5.99
Investing Cash Flow	-940.99	-918.49	-162.24	-455.38	-795.7
Short-Term Debt Issued	-	39.19	24.73	0.98	5.07
Long-Term Debt Issued	434	1,063	148.4	556.19	370.02
Total Debt Issued	434	1,102	173.13	557.17	375.09
Short-Term Debt Repaid	-170.34	-	-	-29.96	-250.68
Long-Term Debt Repaid	-151.93	-290.72	-812.9	-151.06	-106.58
Total Debt Repaid	-322.27	-290.72	-812.9	-181.02	-357.26
Net Debt Issued (Repaid)	111.73	811.4	-639.77	376.15	17.83
Issuance of Common Stock	-	-	618.92	-	-
Common Dividends Paid	-141.42	-118.53	-107.75	-20	-46.4
Financing Cash Flow	-29.69	692.87	-128.6	356.15	-28.57
Foreign Exchange Rate Adjustments	0.35	3.72	0.82	0.13	0.16
Net Cash Flow	410.19	-313.07	2,252	541.34	-63.76
Free Cash Flow	524.94	-826.6	2,266	268.9	308.75
Free Cash Flow Growth	-	-	742.68%	-12.91%	-
Free Cash Flow Margin	10.01%	-16.15%	45.43%	7.02%	13.76%
Free Cash Flow Per Share	4.31	-7.02	20.30	2.61	3.00
Cash Interest Paid	43.78	42.72	40.97	42.51	29.14
Cash Income Tax Paid	216.37	360.95	126.23	83.92	73.11
Levered Free Cash Flow	222.14	-816.52	2,447	54.46	20.96
Unlevered Free Cash Flow	251.7	-782.15	2,478	85.35	40.74
Change in Working Capital	532.84	-814.84	1,745	211.38	452.59

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