Shin Hai Gas 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	481.85	474.5	467.74	452.35	448.5
Depreciation & Amortization	397.53	375.98	349.74	335.49	315.35
Other Amortization	-	-	-	0.1	0.13
Loss (Gain) on Sale of Assets	0.47	0.14	6.32	2.38	3.44
Loss (Gain) on Sale of Investments	5.78	9.82	2.58	18.54	-4.29
Loss (Gain) on Equity Investments	-2.62	-1.63	-2.28	-3.69	-2.28
Change in Accounts Receivable	3.24	-15.55	2.55	-3.22	-14.99
Change in Inventory	-33.87	-22.35	-31.38	-35.56	-22.83
Change in Accounts Payable	-18.65	-30.28	-3.99	2.36	-0.21
Change in Unearned Revenue	390.75	515.65	577.91	566.41	482.12
Change in Other Net Operating Assets	5.91	12.27	-10.88	-34.78	-32.94
Other Operating Activities	-420.61	-404.52	-344.77	-338.51	-289.26
Operating Cash Flow	809.13	914.52	1,014	961.54	883.07
Operating Cash Flow Growth	-11.52%	-9.77%	5.41%	8.89%	-19.18%
Capital Expenditures	-519.79	-477.88	-444.27	-378.4	-381.53
Sale of Property, Plant & Equipment	2.29	0.06	0.11	0.06	0.06
Investment in Securities	-369.16	-10.82	-166.39	-395.77	-96.93
Other Investing Activities	86.58	86.3	58.53	75.71	60.38
Investing Cash Flow	-800.08	-402.34	-552.02	-698.4	-418.02
Long-Term Debt Repaid	-3.09	-2.51	-2.35	-2.19	-2.11
Net Debt Issued (Repaid)	-3.09	-2.51	-2.35	-2.19	-2.11
Common Dividends Paid	-359.01	-359.01	-359.01	-359.01	-323.11
Other Financing Activities	5.55	1.99	2.6	2	2.69
Financing Cash Flow	-356.55	-359.53	-358.76	-359.2	-322.53
Net Cash Flow	-347.5	152.65	102.72	-96.06	142.53
Free Cash Flow	289.34	436.64	569.24	583.13	501.54
Free Cash Flow Growth	-33.73%	-23.29%	-2.38%	16.27%	-19.24%
Free Cash Flow Margin	11.71%	18.72%	24.86%	26.07%	23.41%
Free Cash Flow Per Share	1.61	2.42	3.16	3.24	2.79
Cash Interest Paid	0.28	0.24	0.22	0.13	0.12
Cash Income Tax Paid	97.77	104.29	103.79	100.09	88.68
Levered Free Cash Flow	110.38	294.59	432.43	450.43	375.71
Unlevered Free Cash Flow	110.64	294.81	432.61	450.53	375.8
Change in Working Capital	347.37	459.74	534.2	495.21	411.15

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