Channel Well Technology 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	1,379	1,279	1,545	710.64	978.04
Depreciation & Amortization	141.63	137.85	127.22	130.98	125.89
Other Amortization	2.06	2.74	2.72	2.82	2.68
Loss (Gain) From Sale of Assets	-14.58	-3.49	-0.83	-0.04	2.13
Loss (Gain) From Sale of Investments	-5.16	-	-	-2.87	-7.9
Provision & Write-off of Bad Debts	0.09	0.03	-0.9	-4.68	-2.4
Other Operating Activities	130.47	30.56	310.02	77.99	-14
Change in Accounts Receivable	298.55	254.61	-751.15	583.97	432.97
Change in Inventory	95.42	278.96	-489.34	552.37	-389.35
Change in Accounts Payable	-191.75	-185.01	634.95	-389.32	-925.63
Change in Unearned Revenue	2.13	-9.17	-6.55	7.82	-10.4
Change in Other Net Operating Assets	39.77	-58.34	175.31	-103.59	-108.75
Operating Cash Flow	1,883	1,727	1,546	1,566	83.28
Operating Cash Flow Growth	8.98%	11.71%	-1.27%	1780.52%	-87.44%
Capital Expenditures	-142.28	-222.9	-248.66	-349.7	-287.53
Sale of Property, Plant & Equipment	30.42	26.15	5.04	0.37	7.02
Sale (Purchase) of Intangibles	-2.26	-1.19	-3.98	-0.12	-3.86
Investment in Securities	-801.55	35.91	1,763	-598.03	969.64
Other Investing Activities	0.31	57.14	0.39	6.09	0.43
Investing Cash Flow	-915.36	-104.89	1,515	-941.4	685.7
Short-Term Debt Issued	-	-	-	180	745
Total Debt Issued	-	-	-	180	745
Short-Term Debt Repaid	-	-1,260	-460	-	-
Total Debt Repaid	-	-1,260	-460	-	-
Net Debt Issued (Repaid)	-	-1,260	-460	180	745
Common Dividends Paid	-909.56	-1,091	-534.37	-739.02	-716.28
Other Financing Activities	0.23	0.49	-0.43	0.07	0.29
Financing Cash Flow	-909.34	-2,351	-994.8	-558.96	29
Foreign Exchange Rate Adjustments	-104.95	103.49	-48.91	75.2	-21.93
Net Cash Flow	-47.13	-625.05	2,018	140.92	776.06
Free Cash Flow	1,740	1,504	1,298	1,216	-204.25
Free Cash Flow Growth	15.67%	15.95%	6.67%	-	-
Free Cash Flow Margin	17.39%	17.46%	11.92%	18.75%	-2.02%
Free Cash Flow Per Share	7.57	6.55	5.65	5.27	-0.89
Cash Interest Paid	0.29	10.12	25.45	15.6	6.71
Cash Income Tax Paid	396.79	461.19	280.5	164.12	329.76
Levered Free Cash Flow	1,404	893.73	849.66	1,148	-324.08
Unlevered Free Cash Flow	1,404	893.73	865.26	1,158	-319.75
Change in Working Capital	248.67	281.06	-436.78	651.25	-1,001

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