Transcene Cash Flow Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-15.87	-78.87	-87.52
Depreciation & Amortization	85.15	61.6	38.78
Other Amortization	0.27	0.35	0.41
Loss (Gain) From Sale of Assets	-	0.01	0.37
Stock-Based Compensation	-	-	0.16
Provision & Write-off of Bad Debts	1.4	1.9	-0.25
Other Operating Activities	17.31	5.42	-3.05
Change in Accounts Receivable	-42.46	-37.05	18.5
Change in Inventory	-4.06	-2.74	-58.67
Change in Accounts Payable	0.19	-3.78	-0.32
Change in Other Net Operating Assets	28.69	4.09	-14.94
Operating Cash Flow	71.48	-49.07	-106.54
Capital Expenditures	-63.09	-122.88	-341.89
Sale of Property, Plant & Equipment	-	0.03	0.02
Sale (Purchase) of Intangibles	-0.36	-0.21	-0.41
Investment in Securities	0.92	-16.46	-7.24
Other Investing Activities	0.72	0.84	1.8
Investing Cash Flow	-61.81	-138.68	-347.71
Short-Term Debt Issued	-	-	60
Long-Term Debt Issued	-	168.61	286.07
Total Debt Issued	65.2	168.61	346.07
Short-Term Debt Repaid	-	-22.5	-
Long-Term Debt Repaid	-	-88.4	-33.84
Total Debt Repaid	-124.34	-110.9	-33.84
Net Debt Issued (Repaid)	-59.14	57.71	312.23
Issuance of Common Stock	-	75.49	171.45
Other Financing Activities	-19.02	-2.72	-5.73
Financing Cash Flow	-78.17	130.47	477.95
Net Cash Flow	-68.49	-57.27	23.7
Free Cash Flow	8.39	-171.95	-448.43
Free Cash Flow Margin	2.69%	-85.88%	-359.42%
Free Cash Flow Per Share	0.22	-4.70	-14.03
Cash Interest Paid	19.03	15.41	5.73
Levered Free Cash Flow	-39.11	-145.27	-
Unlevered Free Cash Flow	-27.22	-135.51	-
Change in Working Capital	-17.65	-39.48	-55.44

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