Transcene 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-3.55	-78.87	-87.52
Depreciation & Amortization	86.91	61.6	38.78
Other Amortization	-	0.35	0.41
Loss (Gain) From Sale of Assets	3.33	0.01	0.37
Loss (Gain) on Equity Investments	1.23	-	-
Stock-Based Compensation	-	-	0.16
Provision & Write-off of Bad Debts	-0.76	1.9	-0.25
Other Operating Activities	18.57	5.42	-3.05
Change in Accounts Receivable	-7.73	-37.05	18.5
Change in Inventory	-9.22	-2.74	-58.67
Change in Accounts Payable	0.93	-3.78	-0.32
Change in Other Net Operating Assets	25.76	4.09	-14.94
Operating Cash Flow	115.48	-49.07	-106.54
Capital Expenditures	-29.25	-122.88	-341.89
Sale of Property, Plant & Equipment	-	0.03	0.02
Sale (Purchase) of Intangibles	-0.22	-0.21	-0.41
Investment in Securities	11.01	-16.46	-7.24
Other Investing Activities	0.58	0.84	1.8
Investing Cash Flow	-17.89	-138.68	-347.71
Short-Term Debt Issued	37.5	-	60
Long-Term Debt Issued	-	168.61	286.07
Total Debt Issued	37.5	168.61	346.07
Short-Term Debt Repaid	-	-22.5	-
Long-Term Debt Repaid	-107.51	-88.4	-33.84
Total Debt Repaid	-107.51	-110.9	-33.84
Net Debt Issued (Repaid)	-70.01	57.71	312.23
Issuance of Common Stock	-	75.49	171.45
Other Financing Activities	-19.5	-2.72	-5.73
Financing Cash Flow	-89.51	130.47	477.95
Net Cash Flow	8.08	-57.27	23.7
Free Cash Flow	86.22	-171.95	-448.43
Free Cash Flow Margin	23.94%	-85.88%	-359.42%
Free Cash Flow Per Share	2.19	-4.70	-14.03
Cash Interest Paid	19.5	15.41	5.73
Levered Free Cash Flow	64.99	-145.27	-
Unlevered Free Cash Flow	77.15	-135.51	-
Change in Working Capital	9.74	-39.48	-55.44

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