TPE:9908 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	863.87	856.38	1,160	775.19	875.3
Depreciation & Amortization	447.12	426.13	400.55	375.71	353.31
Other Amortization	1.92	0.46	0.4	0.49	0.26
Loss (Gain) on Sale of Assets	2.35	1.93	4.25	8.88	6.79
Loss (Gain) on Sale of Investments	6.8	-86.75	-288.45	89.3	-106.45
Loss (Gain) on Equity Investments	-162.69	-160.23	-135.88	-127.41	-132.26
Change in Accounts Receivable	2.66	-8.95	2.71	-3.64	-25.77
Change in Inventory	-16.57	-7.16	3.35	14.11	7.08
Change in Accounts Payable	-36.92	-83.27	14.78	-8.38	10.36
Change in Unearned Revenue	251.48	211.33	25.21	181.04	170.82
Change in Other Net Operating Assets	-24.3	-47.1	70.14	-28.9	-13.44
Other Operating Activities	-279.03	-240.91	-177.92	-227.1	-183.83
Operating Cash Flow	1,029	979.83	1,288	818.79	1,282
Operating Cash Flow Growth	4.98%	-23.95%	57.36%	-36.15%	21.62%
Capital Expenditures	-443.19	-434.68	-479.94	-557.57	-509.78
Sale of Property, Plant & Equipment	0.23	1.52	2.01	1.35	0.33
Sale (Purchase) of Intangibles	-2.87	-2.2	-0.09	-0.61	-0.29
Investment in Securities	-1,318	-1,119	-700.61	-14.61	179.27
Other Investing Activities	457.51	417.11	352.31	398.17	329.5
Investing Cash Flow	-1,307	-1,138	-828.79	-182.61	-0.97
Long-Term Debt Repaid	-5.31	-5.52	-5.76	-5.29	-5.69
Total Debt Repaid	-5.31	-5.52	-5.76	-5.29	-5.69
Net Debt Issued (Repaid)	-5.31	-5.52	-5.76	-5.29	-5.69
Common Dividends Paid	-612.03	-612.03	-561.03	-561.03	-561.03
Other Financing Activities	-16.15	-34.03	-17.46	-26.91	-26.76
Financing Cash Flow	-633.49	-651.57	-584.25	-593.23	-593.48
Net Cash Flow	-911.7	-810.01	-124.6	42.95	687.87
Free Cash Flow	585.47	545.14	808.5	261.21	772.54
Free Cash Flow Growth	7.40%	-32.57%	209.52%	-66.19%	30.11%
Free Cash Flow Margin	17.35%	16.43%	23.31%	7.87%	24.40%
Free Cash Flow Per Share	1.17	1.09	1.61	0.52	1.54
Cash Interest Paid	2.4	1.58	1.39	0.7	0.67
Cash Income Tax Paid	135.45	153.2	134.38	123.72	138.54
Levered Free Cash Flow	490.05	293.9	408.53	224.2	227.27
Unlevered Free Cash Flow	491.55	294.88	409.39	224.64	227.69
Change in Working Capital	148.47	182.96	325.56	-76.49	468.97

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