SysJust 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	197.55	192.8	155.48	154.7	139.27
Depreciation & Amortization	30.22	29.76	25.68	29.22	29.47
Other Amortization	15.57	13.94	12.44	8.41	4.77
Loss (Gain) From Sale of Investments	-	-	-	1.87	-
Stock-Based Compensation	7.03	3.42	1	0.18	-
Other Operating Activities	-1.38	-25.6	19.05	-2.32	5.59
Change in Accounts Receivable	-9.24	-34.79	2.75	5.54	-11.51
Change in Accounts Payable	-0.23	1.57	0.48	-2.3	-1.08
Change in Unearned Revenue	19.25	15.93	-11.67	3.23	13.79
Change in Other Net Operating Assets	17.3	30.24	7.83	-3.06	12.66
Operating Cash Flow	276.08	227.27	213.04	195.47	192.97
Operating Cash Flow Growth	21.48%	6.68%	8.99%	1.29%	7.24%
Capital Expenditures	-51.77	-56.72	-41.41	-15.8	-12.69
Sale (Purchase) of Intangibles	-18.67	-17.14	-10.75	-17.08	-5.39
Investment in Securities	-216.99	32.12	-17.88	-68.12	-61.8
Other Investing Activities	0.39	-19.37	1.33	6.35	-5.43
Investing Cash Flow	-287.03	-61.11	-68.7	-94.65	-85.32
Long-Term Debt Repaid	-7.16	-7.78	-7.52	-7.16	-7.16
Net Debt Issued (Repaid)	-7.16	-7.78	-7.52	-7.16	-7.16
Issuance of Common Stock	336.11	14.39	-	-	-
Common Dividends Paid	-160.1	-131.49	-131.49	-120.97	-92.04
Other Financing Activities	-0	-0	-0	-0	-0
Financing Cash Flow	168.84	-124.88	-139.01	-128.13	-99.2
Foreign Exchange Rate Adjustments	-0.55	-0.06	-	0.53	-
Net Cash Flow	157.35	41.22	5.33	-26.78	8.45
Free Cash Flow	224.32	170.55	171.63	179.67	180.29
Free Cash Flow Growth	31.53%	-0.63%	-4.48%	-0.34%	14.80%
Free Cash Flow Margin	22.16%	18.04%	20.84%	22.09%	23.43%
Free Cash Flow Per Share	7.82	6.25	6.37	6.77	6.80
Cash Interest Paid	0.64	-	-	-	-
Cash Income Tax Paid	27.71	24.12	1.83	26.77	23.65
Levered Free Cash Flow	160.86	83.22	121.95	121.5	137.17
Unlevered Free Cash Flow	161.27	83.53	122.3	121.93	137.78
Change in Working Capital	27.09	12.94	-0.61	3.41	13.87

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