CHT Security 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	436.93	379.19	269.51	201.33	167.19
Depreciation & Amortization	68.59	65.7	62.72	47.21	41.67
Other Amortization	-	0.82	1.32	3.37	3.78
Loss (Gain) From Sale of Investments	2.27	-1.29	0.54	-	-
Loss (Gain) on Equity Investments	-6.3	-1.65	8.23	6.73	-
Stock-Based Compensation	0.64	0.16	0.48	5.13	8.43
Other Operating Activities	-9.53	9.68	7.48	2.95	6.66
Change in Accounts Receivable	33.92	-184.38	-12.93	-61.06	64.88
Change in Inventory	-40.48	-19.55	4.32	-2.6	-11.42
Change in Accounts Payable	-3.26	51.69	-37.72	148.58	-13.26
Change in Unearned Revenue	-14.85	59.74	23.7	32.37	-30.74
Change in Other Net Operating Assets	-51.23	7.29	8.88	5.94	19.02
Operating Cash Flow	416.7	367.39	336.53	389.96	256.21
Operating Cash Flow Growth	13.42%	9.17%	-13.70%	52.20%	-
Capital Expenditures	-17.11	-23.66	-56.03	-62.38	-23.72
Sale of Property, Plant & Equipment	-	-	-	-	0.01
Sale (Purchase) of Intangibles	-	-	-0.2	-	-
Investment in Securities	-537.28	-10.96	-	-25.09	-
Other Investing Activities	21.93	-17	-0.3	-20.15	-13.55
Investing Cash Flow	-532.46	-51.62	-56.52	-107.62	-37.26
Long-Term Debt Repaid	-25.56	-23.29	-22.55	-16.2	-14.83
Net Debt Issued (Repaid)	-25.56	-23.29	-22.55	-16.2	-14.83
Issuance of Common Stock	1,044	13.72	33.97	34.56	40.69
Common Dividends Paid	-341.27	-242.56	-181.2	-150.48	-111.74
Other Financing Activities	-2.96	0.58	-1.61	-0.14	-0.99
Financing Cash Flow	674.45	-251.55	-171.39	-132.25	-86.87
Net Cash Flow	558.69	64.22	108.62	150.09	132.08
Free Cash Flow	399.59	343.73	280.5	327.58	232.49
Free Cash Flow Growth	16.25%	22.54%	-14.37%	40.90%	-
Free Cash Flow Margin	19.53%	17.42%	16.54%	23.19%	20.41%
Free Cash Flow Per Share	10.46	9.28	7.88	9.77	7.33
Cash Interest Paid	0.53	0.47	0.61	0.22	0.13
Cash Income Tax Paid	106.89	78.51	57.22	47.12	34.17
Levered Free Cash Flow	-278.02	288.79	234.19	282.03	-
Unlevered Free Cash Flow	-277.68	289.09	234.57	282.16	-
Change in Working Capital	-75.9	-85.21	-13.75	123.23	28.47

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