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	2016 - 2020
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	2016 - 2020
Net Income	650.3	428.6	282.44	275.35	1,027	Upgrade
Depreciation & Amortization	313.93	360.19	368.84	362.86	278.24	Upgrade
Other Amortization	-	3.83	3.33	2.93	2.2	Upgrade
Loss (Gain) From Sale of Assets	-508.95	-1.69	-0.81	-0.72	-	Upgrade
Asset Writedown & Restructuring Costs	107.26	-	-	-	-	Upgrade
Provision & Write-off of Bad Debts	-0.38	0.04	-0.24	-2.77	1.79	Upgrade
Other Operating Activities	-99.49	-89.35	-6.83	77.99	50.77	Upgrade
Change in Accounts Receivable	38.18	-3.99	23.48	276.63	-179.04	Upgrade
Change in Inventory	27.04	-10.11	58.39	101.23	-166.98	Upgrade
Change in Accounts Payable	-14.78	-3.21	29.03	-2.67	-78.51	Upgrade
Change in Other Net Operating Assets	10.41	33.93	-16.08	-77.33	60.09	Upgrade
Operating Cash Flow	523.52	718.25	741.54	1,014	995.38	Upgrade
Operating Cash Flow Growth	-27.11%	-3.14%	-26.83%	1.82%	-0.67%	Upgrade
Capital Expenditures	-48.44	-314.92	-113.12	-208.89	-842.45	Upgrade
Sale of Property, Plant & Equipment	695.04	1.99	0.81	0.72	-	Upgrade
Sale (Purchase) of Intangibles	-1.2	-0.8	-1	-1	-0.9	Upgrade
Investment in Securities	-669.31	-432.85	-529.7	-106.6	-	Upgrade
Other Investing Activities	-0.93	-1.87	-1.87	-1.26	-5.14	Upgrade
Investing Cash Flow	-24.83	-748.44	-644.89	-317.03	-848.49	Upgrade
Common Dividends Paid	-385.8	-253.98	-247.77	-552.13	-745.38	Upgrade
Financing Cash Flow	-385.8	-253.98	-247.77	-552.13	-745.38	Upgrade
Net Cash Flow	112.88	-284.17	-151.11	144.36	-598.48	Upgrade
Free Cash Flow	475.08	403.33	628.42	804.63	152.94	Upgrade
Free Cash Flow Growth	17.79%	-35.82%	-21.90%	426.12%	-	Upgrade
Free Cash Flow Margin	33.32%	23.87%	42.23%	54.91%	5.37%	Upgrade
Free Cash Flow Per Share	6.86	5.83	9.09	11.64	2.21	Upgrade
Cash Income Tax Paid	-	186.04	68.93	26.83	229.03	Upgrade
Levered Free Cash Flow	-1,565	1,195	31.64	464.24	-336.65	Upgrade
Unlevered Free Cash Flow	-1,565	1,195	31.64	464.24	-336.65	Upgrade
Change in Working Capital	60.85	16.62	94.82	297.86	-364.44	Upgrade

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