Skardin Industrial 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	-81.78	-157.54	-184.23	4.22	-79.57
Depreciation & Amortization	39.92	34.68	31.37	25.24	24
Loss (Gain) From Sale of Assets	0.91	1.18	-0.06	-	-0.11
Asset Writedown & Restructuring Costs	4.01	22.02	-	-	1.15
Loss (Gain) From Sale of Investments	-21.5	-16.22	-7.42	11.41	-2.29
Provision & Write-off of Bad Debts	-112.78	3.29	132.09	2.76	0.16
Other Operating Activities	1.46	-6.14	-2.57	1.53	-2.71
Change in Accounts Receivable	254.45	118.31	149.32	-257.93	195.35
Change in Inventory	35.98	89.9	130.26	-62.85	57.14
Change in Accounts Payable	-18.54	-105.38	-240.63	154.99	-15.51
Change in Unearned Revenue	4.38	-4.95	1.6	2.66	-29.19
Change in Other Net Operating Assets	-25.38	-22.34	-28.93	-42.61	46.88
Operating Cash Flow	81.14	-43.2	-19.2	-160.6	111.32
Capital Expenditures	-28.54	-57.65	-31.07	-4.05	-0.82
Sale of Property, Plant & Equipment	1.47	28.77	1.28	0.94	0.11
Cash Acquisitions	-	-	-31.87	-	-
Divestitures	17.39	7.02	-	-	-
Sale (Purchase) of Intangibles	-	-	-0.6	-4.75	-1.2
Investment in Securities	22.55	-118.31	-65.84	-91.76	0.03
Other Investing Activities	-	-	0.07	0.06	0.03
Investing Cash Flow	12.88	-140.17	-128.04	-99.57	-1.86
Short-Term Debt Issued	-	53.17	100.8	43.92	-
Long-Term Debt Issued	-	2.07	87.17	-	-
Total Debt Issued	-	55.24	187.97	43.92	-
Short-Term Debt Repaid	-215.82	-	-	-	-57.95
Long-Term Debt Repaid	-63.68	-3.4	-3.97	-2.01	-1.52
Total Debt Repaid	-279.5	-3.4	-3.97	-2.01	-59.47
Net Debt Issued (Repaid)	-279.5	51.84	184	41.9	-59.47
Issuance of Common Stock	820	3.76	4.04	-	-
Other Financing Activities	-7.5	7.5	-19.3	-	-
Financing Cash Flow	533	63.1	168.74	41.9	-59.47
Foreign Exchange Rate Adjustments	0.46	0.88	0.03	7.58	-1.29
Net Cash Flow	627.48	-119.4	21.53	-210.68	48.7
Free Cash Flow	52.6	-100.85	-50.27	-164.64	110.49
Free Cash Flow Margin	68.58%	-36.18%	-6.43%	-14.12%	10.62%
Free Cash Flow Per Share	0.71	-1.64	-0.82	-2.70	1.81
Cash Interest Paid	8.65	11.49	9.04	1.88	1.25
Cash Income Tax Paid	1.53	6.3	-	0.47	0.04
Levered Free Cash Flow	248.06	-70.07	-56.26	-310.21	221.78
Unlevered Free Cash Flow	253.47	-62.89	-50.61	-309.03	222.57
Change in Working Capital	250.89	75.53	11.63	-205.75	170.68

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