China Television Company 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	-99.36	-35.22	32.72	6.83	-27.96
Depreciation & Amortization	66.77	61.01	58.67	73.44	100.17
Other Amortization	-	4.02	3.39	0.56	-
Asset Writedown & Restructuring Costs	-33.27	2.64	-46.89	-	-
Stock-Based Compensation	-	4.1	-	-	-
Provision & Write-off of Bad Debts	-3.54	-	-	0.1	-
Other Operating Activities	15.44	0.62	9.67	0.68	0.41
Change in Accounts Receivable	-15.9	33.31	-39.97	9.35	-19.28
Change in Inventory	11.69	3	-2.49	0.7	-0.47
Change in Accounts Payable	23.4	-22.41	24.21	8.94	14.1
Change in Unearned Revenue	-8.27	-7.42	-3.5	-10.05	-9.62
Change in Other Net Operating Assets	-15.58	54.86	11.09	-12.91	12.24
Operating Cash Flow	-58.61	98.51	46.91	77.63	69.58
Operating Cash Flow Growth	-	110.02%	-39.58%	11.57%	77.54%
Capital Expenditures	-21.08	-14.97	-7.99	-11.74	-10.99
Sale (Purchase) of Intangibles	-1.69	-1.81	-3.62	-8.21	-
Sale (Purchase) of Real Estate	-	-0.39	-	-	-
Investment in Securities	0.32	-0.83	1.64	-0.26	2.59
Investing Cash Flow	-22.44	-17.99	-9.97	-20.21	-8.4
Short-Term Debt Issued	50	-	-	-	-
Long-Term Debt Issued	750	-	-	-	-
Total Debt Issued	800	-	-	-	-
Short-Term Debt Repaid	-	-170	-20	-30	-30
Long-Term Debt Repaid	-765.56	-15.94	-13.69	-22.96	-25.7
Total Debt Repaid	-765.56	-185.94	-33.69	-52.96	-55.7
Net Debt Issued (Repaid)	34.44	-185.94	-33.69	-52.96	-55.7
Issuance of Common Stock	-	150	-	-	-
Other Financing Activities	-	-	-	-0.23	0.18
Financing Cash Flow	34.44	-35.94	-33.69	-53.19	-55.51
Net Cash Flow	-46.61	44.58	3.24	4.24	5.67
Free Cash Flow	-79.69	83.54	38.92	65.89	58.6
Free Cash Flow Growth	-	114.66%	-40.94%	12.45%	161.25%
Free Cash Flow Margin	-9.06%	9.29%	3.94%	7.56%	7.19%
Free Cash Flow Per Share	-1.12	1.35	0.64	1.08	0.96
Cash Interest Paid	45.11	46.89	45.37	33.09	26.94
Cash Income Tax Paid	0.8	1.24	0.89	0.86	1.47
Levered Free Cash Flow	-112.36	47.79	-10.34	4.54	15.5
Unlevered Free Cash Flow	-84.05	77.27	17.9	25.67	32.57
Change in Working Capital	-4.67	61.33	-10.66	-3.97	-3.03

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