GlobalSat WorldCom 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	-71.56	1.31	-33.64	-4.08	-10.12
Depreciation & Amortization	20.96	20.29	19.71	21.47	27.33
Loss (Gain) From Sale of Assets	0.08	0.04	0.08	0.1	-6.81
Asset Writedown & Restructuring Costs	1.66	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	0.01	-0.67	-2.01
Provision & Write-off of Bad Debts	1.08	0.25	0.2	0.05	-0.06
Other Operating Activities	15.1	1.83	-1.72	-19.26	-2.63
Change in Accounts Receivable	31.73	-15.48	-12.15	13.92	31.72
Change in Inventory	67.26	5.53	-10.12	-23.56	-9.67
Change in Accounts Payable	-30.49	10.05	11.86	-29.12	30.51
Change in Unearned Revenue	-12.2	-0.38	-1.6	-19.52	19.84
Change in Other Net Operating Assets	-0.97	15.85	0.13	17.3	-34.27
Operating Cash Flow	22.64	39.29	-27.22	-42.7	157.62
Operating Cash Flow Growth	-42.37%	-	-	-	-
Capital Expenditures	-4.53	-13.1	-2.5	-4.11	-7.02
Sale of Property, Plant & Equipment	0.02	-	-	-	-
Sale (Purchase) of Intangibles	-3.37	-1.93	-4.04	-2.75	-4.95
Investment in Securities	36	0.21	124.09	45.63	-81.36
Other Investing Activities	0.02	-0.04	-0.3	-0.05	8.91
Investing Cash Flow	28.14	-14.86	117.25	38.72	-84.42
Short-Term Debt Repaid	-91	-74	-156	-16	-2.8
Long-Term Debt Repaid	-3.08	-2.32	-1.28	-1.38	-1.37
Total Debt Repaid	-94.08	-76.32	-157.28	-17.38	-4.17
Net Debt Issued (Repaid)	-94.08	-76.32	-157.28	-17.38	-4.17
Other Financing Activities	0.01	0.06	-0.03	0.03	1.7
Financing Cash Flow	-94.07	-76.27	-157.31	-17.36	-2.47
Foreign Exchange Rate Adjustments	-5	16.7	-7.41	10.21	-3.98
Net Cash Flow	-48.28	-35.14	-74.69	-11.13	66.76
Free Cash Flow	18.11	26.19	-29.73	-46.81	150.6
Free Cash Flow Growth	-30.85%	-	-	-	-
Free Cash Flow Margin	5.06%	5.98%	-8.25%	-14.29%	34.42%
Free Cash Flow Per Share	0.33	0.48	-0.54	-0.85	2.74
Cash Interest Paid	3.4	3.83	4.95	5.4	4.79
Cash Income Tax Paid	-0.21	0.8	0.77	0.18	0.18
Levered Free Cash Flow	36.84	1.34	39.32	-43.39	14.78
Unlevered Free Cash Flow	38.93	3.68	42.39	-39.96	17.7
Change in Working Capital	55.33	15.58	-11.86	-40.32	151.92

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