TPE:9918 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	285.84	397.41	355.89	143.86	342.4
Depreciation & Amortization	291.34	269.66	252.08	243.98	236.11
Loss (Gain) on Sale of Assets	-1.6	-0.63	-1.04	-0.94	-0.99
Loss (Gain) on Sale of Investments	33.43	-48.48	-44.76	95.06	-28.74
Change in Accounts Receivable	29.7	-11.65	-0.89	-18.87	18.02
Change in Inventory	-93.24	-98.87	-74.84	-77.26	-44.21
Change in Accounts Payable	-17.68	-30.86	3.77	-0.49	0.42
Change in Unearned Revenue	-147.83	59.88	250.27	110.44	90.93
Change in Other Net Operating Assets	40.89	3.97	25.08	-34.29	27.13
Other Operating Activities	1.18	16.03	-28.11	18.52	-25.01
Operating Cash Flow	654.13	598.54	498.88	572.3	504.09
Operating Cash Flow Growth	9.29%	19.98%	-12.83%	13.53%	-22.41%
Capital Expenditures	-317.37	-892.35	-290.39	-290.81	-262.22
Sale of Property, Plant & Equipment	1.88	0.83	1.16	1.46	1
Sale (Purchase) of Intangibles	-0.11	-0.07	-0.07	-0.07	-0.03
Investment in Securities	36.49	686.31	-212.23	55	89.64
Other Investing Activities	-7.25	-2.2	-	0.02	0.45
Investing Cash Flow	-286.36	-207.47	-501.54	-234.41	-171.16
Long-Term Debt Repaid	-12.24	-7.29	-4.78	-4.43	-4.71
Net Debt Issued (Repaid)	-12.24	-7.29	-4.78	-4.43	-4.71
Common Dividends Paid	-284.82	-267.01	-178.01	-302.62	-284.82
Other Financing Activities	7.06	3.35	6.62	1.44	1.23
Financing Cash Flow	-290	-270.95	-176.17	-305.61	-288.29
Net Cash Flow	77.78	120.12	-178.83	32.29	44.64
Free Cash Flow	336.77	-293.8	208.49	281.49	241.87
Free Cash Flow Growth	-	-	-25.93%	16.38%	-27.85%
Free Cash Flow Margin	16.41%	-14.74%	10.79%	14.46%	13.48%
Free Cash Flow Per Share	1.89	-1.65	1.17	1.58	1.36
Cash Interest Paid	1.01	0.56	0.19	0.27	0.08
Cash Income Tax Paid	72.55	59.65	86.6	50.53	82.51
Levered Free Cash Flow	44.1	-443.65	352.96	150.51	169.66
Unlevered Free Cash Flow	44.72	-443.3	353.08	150.68	169.71
Change in Working Capital	43.5	-36.06	-40.12	72.04	-18.4

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