CHT Security 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	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	430.98	379.19	269.51	201.33	167.19
Depreciation & Amortization	66.96	65.7	62.72	47.21	41.67
Other Amortization	0.82	0.82	1.32	3.37	3.78
Loss (Gain) From Sale of Investments	1.99	-1.29	0.54	-	-
Loss (Gain) on Equity Investments	-5.5	-1.65	8.23	6.73	-
Stock-Based Compensation	0.23	0.16	0.48	5.13	8.43
Other Operating Activities	-7.36	9.68	7.48	2.95	6.66
Change in Accounts Receivable	-62.12	-184.38	-12.93	-61.06	64.88
Change in Inventory	-34.84	-19.55	4.32	-2.6	-11.42
Change in Accounts Payable	29.82	51.69	-37.72	148.58	-13.26
Change in Unearned Revenue	-5.28	59.74	23.7	32.37	-30.74
Change in Other Net Operating Assets	9.23	7.29	8.88	5.94	19.02
Operating Cash Flow	424.91	367.39	336.53	389.96	256.21
Operating Cash Flow Growth	26.91%	9.17%	-13.70%	52.20%	-
Capital Expenditures	-15	-23.66	-56.03	-62.38	-23.72
Sale of Property, Plant & Equipment	-	-	-	-	0.01
Sale (Purchase) of Intangibles	-	-	-0.2	-	-
Investment in Securities	-65.5	-10.96	-	-25.09	-
Other Investing Activities	27.05	-17	-0.3	-20.15	-13.55
Investing Cash Flow	-53.45	-51.62	-56.52	-107.62	-37.26
Long-Term Debt Repaid	-	-23.29	-22.55	-16.2	-14.83
Net Debt Issued (Repaid)	-24.36	-23.29	-22.55	-16.2	-14.83
Issuance of Common Stock	1,045	13.72	33.97	34.56	40.69
Common Dividends Paid	-341.27	-242.56	-181.2	-150.48	-111.74
Other Financing Activities	-3	0.58	-1.61	-0.14	-0.99
Financing Cash Flow	675.93	-251.55	-171.39	-132.25	-86.87
Net Cash Flow	1,047	64.22	108.62	150.09	132.08
Free Cash Flow	409.92	343.73	280.5	327.58	232.49
Free Cash Flow Growth	37.96%	22.54%	-14.37%	40.90%	-
Free Cash Flow Margin	19.30%	17.42%	16.54%	23.19%	20.41%
Free Cash Flow Per Share	11.01	9.28	7.88	9.77	7.33
Cash Interest Paid	0.47	0.47	0.61	0.22	0.13
Cash Income Tax Paid	106.53	78.51	57.22	47.12	34.17
Levered Free Cash Flow	-	288.79	234.19	282.03	-
Unlevered Free Cash Flow	-	289.09	234.57	282.16	-
Change in Working Capital	-63.2	-85.21	-13.75	123.23	28.47

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