LINE Pay Taiwan 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	507.39	647.12	481.61	439.95	146.71
Depreciation & Amortization	218.41	126.55	101.24	86.36	51.63
Other Amortization	1.56	0.61	0.4	0.31	0.3
Loss (Gain) From Sale of Assets	1.21	-0.77	-0.27	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	-53.02
Loss (Gain) on Equity Investments	-	-	-	-	49.87
Stock-Based Compensation	49.05	67.89	52.49	25.01	6.46
Provision & Write-off of Bad Debts	1.22	0.28	3.33	-	-
Other Operating Activities	-67.3	61.62	129.71	81.39	-26.47
Change in Accounts Receivable	-45.34	-75.86	-29.17	-60.22	-82.22
Change in Accounts Payable	33.27	-9.77	-49.04	26.94	2.22
Change in Unearned Revenue	-78.99	161.93	104.25	80.63	14.08
Change in Other Net Operating Assets	-299.62	1,655	-2,012	1,179	-1,835
Operating Cash Flow	320.87	2,635	-1,218	1,859	-1,725
Operating Cash Flow Growth	-87.82%	-	-	-	-
Capital Expenditures	-348.95	-7.75	-17.51	-46.76	-5.12
Sale of Property, Plant & Equipment	2.91	3.53	0.67	-	-
Cash Acquisitions	-	-	-207.79	-	-
Sale (Purchase) of Intangibles	-1.05	-2.68	-66.2	-0.43	-0.19
Investment in Securities	-5.41	-224.66	-250	-	195.79
Other Investing Activities	11.41	-4.95	-9	-0.55	-3.74
Investing Cash Flow	-341.08	-236.52	-549.84	-47.74	186.74
Long-Term Debt Repaid	-87.19	-68.87	-53.54	-54.84	-26.16
Net Debt Issued (Repaid)	-87.19	-68.87	-53.54	-54.84	-26.16
Issuance of Common Stock	-	4,182	149.16	-	-
Common Dividends Paid	-102	-	-	-	-
Other Financing Activities	1.28	-	-	-	-
Financing Cash Flow	-187.91	4,113	95.62	-54.84	-26.16
Foreign Exchange Rate Adjustments	-45.11	-13.99	-0.02	24.5	-2.1
Net Cash Flow	-253.23	6,497	-1,672	1,781	-1,567
Free Cash Flow	-28.08	2,627	-1,235	1,812	-1,731
Free Cash Flow Margin	-0.36%	41.73%	-25.06%	46.92%	-82.86%
Free Cash Flow Per Share	-0.40	41.66	-20.37	30.94	-31.63
Cash Interest Paid	17.98	7.6	3.98	1.34	1.17
Cash Income Tax Paid	274.57	145.88	-9.75	3.78	-0.95
Levered Free Cash Flow	-300.01	2,491	-1,588	1,551	-1,775
Unlevered Free Cash Flow	-288.5	2,496	-1,586	1,552	-1,774
Change in Working Capital	-390.67	1,732	-1,986	1,226	-1,901

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