Advanced Ceramic X 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	650.3	428.6	282.44	275.35	1,027
Depreciation & Amortization	310.69	360.19	368.84	362.86	278.24
Other Amortization	3.24	3.83	3.33	2.93	2.2
Loss (Gain) From Sale of Assets	-508.95	-1.69	-0.81	-0.72	-
Asset Writedown & Restructuring Costs	107.26	-	-	-	-
Provision & Write-off of Bad Debts	-0.38	0.04	-0.24	-2.77	1.79
Other Operating Activities	-99.49	-89.35	-6.83	77.99	50.77
Change in Accounts Receivable	38.18	-3.99	23.48	276.63	-179.04
Change in Inventory	27.04	-10.11	58.39	101.23	-166.98
Change in Accounts Payable	-14.78	-3.21	29.03	-2.67	-78.51
Change in Other Net Operating Assets	10.41	33.93	-16.08	-77.33	60.09
Operating Cash Flow	523.52	718.25	741.54	1,014	995.38
Operating Cash Flow Growth	-27.11%	-3.14%	-26.83%	1.82%	-0.67%
Capital Expenditures	-48.44	-314.92	-113.12	-208.89	-842.45
Sale of Property, Plant & Equipment	695.04	1.99	0.81	0.72	-
Sale (Purchase) of Intangibles	-1.2	-0.8	-1	-1	-0.9
Investment in Securities	-669.31	-432.85	-529.7	-106.6	-
Other Investing Activities	-0.93	-1.87	-1.87	-1.26	-5.14
Investing Cash Flow	-24.83	-748.44	-644.89	-317.03	-848.49
Common Dividends Paid	-385.8	-253.98	-247.77	-552.13	-745.38
Financing Cash Flow	-385.8	-253.98	-247.77	-552.13	-745.38
Net Cash Flow	112.88	-284.17	-151.11	144.36	-598.48
Free Cash Flow	475.08	403.33	628.42	804.63	152.94
Free Cash Flow Growth	17.79%	-35.82%	-21.90%	426.12%	-
Free Cash Flow Margin	33.32%	23.87%	42.23%	54.91%	5.37%
Free Cash Flow Per Share	6.86	5.83	9.09	11.64	2.21
Cash Income Tax Paid	155.4	186.04	68.93	26.83	229.03
Levered Free Cash Flow	1,674	-89.7	31.64	464.24	-336.65
Unlevered Free Cash Flow	1,674	-89.7	31.64	464.24	-336.65
Change in Working Capital	60.85	16.62	94.82	297.86	-364.44

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