Transart Graphics 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	216.3	200.68	124.89	294.97	406.45
Depreciation & Amortization	50.68	49.34	49.06	48.54	48.05
Other Amortization	3.38	2.71	2.84	2.1	1.84
Loss (Gain) From Sale of Assets	0.88	0.17	1.81	0.33	-87.2
Provision & Write-off of Bad Debts	1.2	0.1	-0.24	0.2	-0.85
Other Operating Activities	-8.56	-8.87	-54.6	-68.09	6.05
Change in Accounts Receivable	33.76	-69.9	90.83	52.76	43.94
Change in Inventory	0.03	2.69	22.24	-10.46	-35.56
Change in Accounts Payable	-5.5	-3.57	-6.2	-6.15	-0.01
Change in Unearned Revenue	0.32	-0.45	-	0.25	-0.51
Change in Other Net Operating Assets	21.48	14.86	-62.4	-6.07	-20.89
Operating Cash Flow	313.96	187.76	168.23	308.38	361.31
Operating Cash Flow Growth	67.21%	11.61%	-45.45%	-14.65%	83.77%
Capital Expenditures	-34.42	-22.83	-37.28	-41.44	-54.6
Sale of Property, Plant & Equipment	0.04	0.46	0.17	0.17	69.44
Sale (Purchase) of Intangibles	-12.3	-2.17	-2.25	-3.35	-2.25
Investment in Securities	-323.22	-227.98	-	-	-73.32
Other Investing Activities	0.43	1.35	0.14	2.03	-79.86
Investing Cash Flow	-369.48	-251.17	-39.22	-42.58	-140.59
Long-Term Debt Repaid	-7.22	-7.54	-7.24	-7.26	-6.05
Net Debt Issued (Repaid)	-7.22	-7.54	-7.24	-7.26	-6.05
Common Dividends Paid	-169.84	-133.2	-253.09	-432.91	-466.21
Financing Cash Flow	-177.06	-140.74	-260.33	-440.17	-472.27
Foreign Exchange Rate Adjustments	-4.63	29.74	-2.09	53.09	-29.34
Net Cash Flow	-237.21	-174.41	-133.41	-121.29	-280.88
Free Cash Flow	279.53	164.93	130.95	266.94	306.71
Free Cash Flow Growth	69.49%	25.94%	-50.94%	-12.97%	191.73%
Free Cash Flow Margin	23.70%	14.67%	13.18%	18.31%	19.60%
Free Cash Flow Per Share	4.19	2.47	1.97	4.00	4.60
Cash Interest Paid	0.33	0.35	0.29	0.43	0.41
Cash Income Tax Paid	45.45	58.06	82.61	210.74	116.18
Levered Free Cash Flow	202.97	91.37	91.23	208.64	102.21
Unlevered Free Cash Flow	203.17	91.59	91.41	208.91	102.47
Change in Working Capital	50.08	-56.38	44.46	30.33	-13.03

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