Wellysun 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-54.08	23.65	0.37	22.39
Depreciation & Amortization	34.35	31.28	25.96	19.71
Other Amortization	4.01	2.6	-	-
Loss (Gain) From Sale of Assets	1.97	0.31	-0.11	0.02
Stock-Based Compensation	-	0.91	2.55	9.65
Provision & Write-off of Bad Debts	-0.94	7.45	4.21	-0.58
Other Operating Activities	4.92	0.14	0.12	-
Change in Accounts Receivable	20.28	-27.74	64.77	-112.07
Change in Inventory	69.1	28.68	19.15	-56.36
Change in Accounts Payable	-19.13	-9.19	3.17	34.82
Change in Unearned Revenue	0.09	-1.35	-0.71	-1.59
Change in Other Net Operating Assets	55.05	82.97	-86.39	27.56
Operating Cash Flow	115.62	139.72	33.11	-56.45
Operating Cash Flow Growth	-17.25%	321.97%	-	-
Capital Expenditures	-17.9	-54.1	-257.71	-80.45
Sale of Property, Plant & Equipment	0.72	-	0.53	-
Sale (Purchase) of Intangibles	-3.31	-17.43	-4.93	-0.62
Investment in Securities	-3.65	-7.68	-10.5	-
Other Investing Activities	0.2	2.41	-1.44	148.98
Investing Cash Flow	-23.94	-76.8	-274.05	67.91
Short-Term Debt Issued	15	39.48	83.94	-
Long-Term Debt Issued	-	66	180	-
Total Debt Issued	15	105.48	263.94	-
Short-Term Debt Repaid	-35	-51.11	-72.31	-
Long-Term Debt Repaid	-28.04	-21.32	-11.26	-9.34
Total Debt Repaid	-63.04	-72.43	-83.57	-9.34
Net Debt Issued (Repaid)	-48.04	33.05	180.37	-9.34
Issuance of Common Stock	-	70	6	8
Repurchase of Common Stock	-37.3	-	-	-
Common Dividends Paid	-21.42	-16.1	-15.89	-13.38
Financing Cash Flow	-106.76	86.95	170.48	-14.72
Foreign Exchange Rate Adjustments	2.01	1.25	0.22	-2.05
Net Cash Flow	-13.07	151.11	-70.23	-5.31
Free Cash Flow	97.72	85.61	-224.6	-136.9
Free Cash Flow Growth	14.14%	-	-	-
Free Cash Flow Margin	12.34%	9.68%	-27.62%	-18.07%
Free Cash Flow Per Share	2.05	1.84	-4.88	-3.02
Cash Interest Paid	5.91	5.75	1.82	1.36
Cash Income Tax Paid	0.67	-	-	-
Levered Free Cash Flow	106.19	36.33	-268.79	-
Unlevered Free Cash Flow	109.88	39.92	-267.57	-
Change in Working Capital	125.4	73.37	0	-107.64

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