Hsin Ba Ba 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	8.52	571.98	520.45	423.41	261.77
Depreciation & Amortization	11.43	9.84	8.12	7.17	7.57
Other Amortization	-	1.98	1.44	1.3	-
Loss (Gain) From Sale of Investments	4.76	0.15	-0.18	-	-
Other Operating Activities	-317.32	-94.93	-178.21	-46.11	-135.01
Change in Accounts Receivable	-69.5	-24.64	-0.69	-0.46	-
Change in Inventory	-535.77	1,610	1,960	664.21	-2,163
Change in Accounts Payable	-485.28	252.58	66.71	118.45	-7.44
Change in Unearned Revenue	16.41	-193.75	-487.32	-295.86	291.27
Change in Other Net Operating Assets	-252.52	253.99	-104.55	214.84	-2.82
Operating Cash Flow	-1,619	2,387	1,786	1,087	-1,748
Operating Cash Flow Growth	-	33.64%	64.33%	-	-
Capital Expenditures	-1.91	-3.38	-2.16	-1.32	-0.24
Sale (Purchase) of Intangibles	-3.17	-1.91	-2.48	-1.46	-0.77
Other Investing Activities	-	-	-263.3	-0.58	-2.55
Investing Cash Flow	-5.07	-5.29	-267.94	-3.36	-3.56
Short-Term Debt Issued	392.21	338.79	-	703	-
Long-Term Debt Issued	2,612	1,041	1,420	1,802	2,316
Total Debt Issued	3,004	1,380	1,420	2,505	2,316
Short-Term Debt Repaid	-	-	-95.5	-	-1
Long-Term Debt Repaid	-1,837	-2,128	-2,437	-3,178	-791.7
Total Debt Repaid	-1,837	-2,128	-2,533	-3,178	-792.7
Net Debt Issued (Repaid)	1,168	-748	-1,113	-673.79	1,523
Common Dividends Paid	-587.45	-468.4	-381.07	-54.87	-
Other Financing Activities	-	-	-1.44	-283.65	106
Financing Cash Flow	580.39	-1,216	-1,496	-1,012	1,629
Net Cash Flow	-1,044	1,165	22.36	71.29	-122.37
Free Cash Flow	-1,621	2,384	1,784	1,086	-1,748
Free Cash Flow Growth	-	33.61%	64.33%	-	-
Free Cash Flow Margin	-125.07%	54.49%	47.85%	36.51%	-123.54%
Free Cash Flow Per Share	-17.12	26.48	20.39	12.74	-20.55
Cash Interest Paid	203.6	197.07	202.02	168.2	153.49
Cash Income Tax Paid	187.78	117.11	165.16	34.93	7.37
Levered Free Cash Flow	1,607	2,226	1,683	1,023	-1,841
Unlevered Free Cash Flow	1,627	2,267	1,707	1,043	-1,816
Change in Working Capital	-1,327	1,898	1,435	701.18	-1,882

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