LandMark Optoelectronics 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	428.4	-54.53	-211.51	329.54	337.54
Depreciation & Amortization	308.02	389.46	454.93	473.12	486.34
Other Amortization	1.32	1.91	2.43	4.31	6.01
Loss (Gain) From Sale of Assets	-1.3	-0	-	0.05	-
Loss (Gain) From Sale of Investments	0.57	0.07	-0.02	-	-
Stock-Based Compensation	36.25	24.3	21.76	49.3	44.16
Provision & Write-off of Bad Debts	-	-0	-1.11	1.42	-0.64
Other Operating Activities	96.82	-19.05	-99.69	-16.58	-37.15
Change in Accounts Receivable	-133.58	33.71	221.36	-194.93	355.54
Change in Inventory	-224.84	10.95	-12.28	-109.83	-105.36
Change in Accounts Payable	3.4	-14.88	-119.55	89.93	-20.75
Change in Unearned Revenue	15.34	2.6	2.56	-9.5	1.59
Change in Other Net Operating Assets	183.49	1.99	-19.31	22.48	-45.34
Operating Cash Flow	713.9	376.54	239.57	639.31	1,022
Operating Cash Flow Growth	89.60%	57.17%	-62.53%	-37.44%	0.49%
Capital Expenditures	-87.08	-70.05	-151.05	-363.29	-205.98
Sale of Property, Plant & Equipment	1.3	0	-	-	-
Sale (Purchase) of Intangibles	-	-0.39	-0.12	-0.35	-0.85
Investment in Securities	-381.03	-300	-818.7	-	-
Other Investing Activities	-20.4	-11.55	-0.06	-96.78	-125.76
Investing Cash Flow	-487.2	-381.99	-969.93	-460.42	-332.58
Long-Term Debt Repaid	-6.74	-7.14	-7.14	-7.46	-7.8
Net Debt Issued (Repaid)	-6.74	-7.14	-7.14	-7.46	-7.8
Issuance of Common Stock	-	7.19	-	21.7	-
Repurchase of Common Stock	-0.07	-1.71	-	-	-
Common Dividends Paid	-46.26	-45.9	-321.54	-319.79	-456.85
Other Financing Activities	-	-	-0.94	-0.02	-
Financing Cash Flow	-53.07	-47.58	-329.61	-305.58	-464.65
Foreign Exchange Rate Adjustments	0.59	1.51	-2.88	-0.93	-0.28
Net Cash Flow	174.22	-51.52	-1,063	-127.62	224.44
Free Cash Flow	626.82	306.49	88.52	276.03	815.97
Free Cash Flow Growth	104.52%	246.24%	-67.93%	-66.17%	36.49%
Free Cash Flow Margin	28.46%	25.36%	8.38%	11.59%	43.57%
Free Cash Flow Per Share	6.77	3.34	0.97	3.01	8.93
Cash Interest Paid	6.34	5.94	5.12	4.79	4.2
Cash Income Tax Paid	1.08	1.59	55.76	73.36	118.2
Levered Free Cash Flow	517.91	310.37	177.6	169.55	704.62
Unlevered Free Cash Flow	521.88	314.08	180.8	172.54	707.24
Change in Working Capital	-156.18	34.38	72.78	-201.84	185.68

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