Trust-Search Corp.,Ltd. Cash Flow Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-22.76	-23.38	-29.86	-14.76	-14.35	-44.09
Depreciation & Amortization	4.24	4.59	4.2	5.38	6.62	14.76
Other Amortization	0.08	0.08	0.07	0.25	0.58	0.9
Loss (Gain) From Sale of Assets	-	-	-	-0.03	-	9.78
Asset Writedown & Restructuring Costs	-	-	-	-	4.96	13.12
Loss (Gain) From Sale of Investments	-0.01	-	-	-	-	1.58
Provision & Write-off of Bad Debts	-	-	0.19	-0.92	-0.13	-18.69
Other Operating Activities	-5.56	-7.9	-4.92	-3.93	0.94	2.18
Change in Accounts Receivable	7.55	-40.86	-	39.08	27.87	82.4
Change in Inventory	-	0.27	-0.27	7.6	-7.14	37.57
Change in Accounts Payable	19.18	19.24	-	-28.9	7.59	15.94
Change in Unearned Revenue	-	-	-0.22	0.22	-0.5	0.5
Change in Other Net Operating Assets	35.2	-0.29	4.18	10.02	12.35	21.41
Operating Cash Flow	37.93	-48.26	-26.62	14.03	38.79	137.39
Operating Cash Flow Growth	-	-	-	-63.84%	-71.77%	410.27%
Capital Expenditures	-	-0.06	-	-	-0.09	-2.27
Sale of Property, Plant & Equipment	-	-	-	0.03	-	0.17
Sale (Purchase) of Intangibles	-	-0.24	-	-	-0.21	-13.58
Investment in Securities	-0.91	-	-	-	5.01	-1.58
Other Investing Activities	-0.07	-0.44	-	-0.2	0.34	21.35
Investing Cash Flow	-0.98	-0.74	-	-0.17	5.05	4.09
Short-Term Debt Issued	-	-	-	-	20.59	-
Total Debt Issued	-	-	-	-	20.59	-
Short-Term Debt Repaid	-	-	-	-	-20.59	-122.76
Long-Term Debt Repaid	-	-3.74	-2.31	-2.45	-1.93	-5.31
Total Debt Repaid	-4.08	-3.74	-2.31	-2.45	-22.51	-128.07
Net Debt Issued (Repaid)	-4.08	-3.74	-2.31	-2.45	-1.93	-128.07
Financing Cash Flow	236.42	-3.74	-2.31	-2.45	-1.93	-128.07
Foreign Exchange Rate Adjustments	1.28	11.46	2.81	5.59	-1.78	1.4
Net Cash Flow	274.65	-41.27	-26.13	16.99	40.14	14.81
Free Cash Flow	37.93	-48.32	-26.62	14.03	38.7	135.12
Free Cash Flow Growth	-	-	-	-63.76%	-71.36%	509.01%
Free Cash Flow Margin	733.42%	-1237.97%	-1641.43%	24.42%	9.19%	38.30%
Free Cash Flow Per Share	0.87	-1.50	-0.83	0.44	1.20	4.20
Cash Interest Paid	0.14	0.17	0.04	0.09	0.36	2.13
Cash Income Tax Paid	-	0.16	0.23	0.03	-0.04	0.96
Levered Free Cash Flow	51.2	-35.24	-11.84	17.45	45.21	132.58
Unlevered Free Cash Flow	51.28	-35.14	-11.81	17.51	45.44	133.9
Change in Working Capital	61.93	-21.64	3.69	28.03	40.18	157.83

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.