ETREND Hightech 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	36.15	63.35	102.05	80.14	104.78
Depreciation & Amortization	55.95	62.76	71.19	80.83	85.21
Loss (Gain) From Sale of Assets	-	-	-	-	-0.23
Other Operating Activities	-0.69	-17.52	10.23	-12.31	-3.33
Change in Accounts Receivable	-8.02	23.49	-32.2	49.77	-7.6
Change in Accounts Payable	1.02	-4.8	0.94	-7.07	6.22
Change in Other Net Operating Assets	-0.85	-9.66	-0.87	-9.01	5.34
Operating Cash Flow	83.56	117.62	151.34	182.34	190.4
Operating Cash Flow Growth	-28.95%	-22.29%	-17.00%	-4.23%	19.20%
Capital Expenditures	-34.71	-9.54	-5.59	-33.92	-253.15
Sale of Property, Plant & Equipment	-	-	-	-	0.23
Investment in Securities	0.84	2.06	-1.83	32.12	6.82
Other Investing Activities	-0.29	3.21	1.49	4.51	6.19
Investing Cash Flow	-34.16	-4.28	-5.94	2.71	-239.91
Short-Term Debt Issued	-	-	-	20	70
Long-Term Debt Issued	-	-	-	-	78
Total Debt Issued	-	-	-	20	148
Short-Term Debt Repaid	-	-	-	-40	-50
Long-Term Debt Repaid	-1.21	-1.16	-39.83	-39.71	-2.05
Total Debt Repaid	-1.21	-1.16	-39.83	-79.71	-52.05
Net Debt Issued (Repaid)	-1.21	-1.16	-39.83	-59.71	95.95
Common Dividends Paid	-61.12	-91.68	-71.3	-88.28	-67.91
Financing Cash Flow	-62.32	-92.84	-111.14	-147.99	28.04
Foreign Exchange Rate Adjustments	-	-	-2.35	-0.01	-0.27
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-
Net Cash Flow	-12.92	20.5	31.92	37.05	-21.74
Free Cash Flow	48.86	108.08	145.75	148.42	-62.75
Free Cash Flow Growth	-54.80%	-25.85%	-1.80%	-	-
Free Cash Flow Margin	17.38%	34.36%	36.48%	40.29%	-14.32%
Free Cash Flow Per Share	1.43	3.15	4.24	4.30	-1.82
Cash Interest Paid	0.05	0.07	0.59	1.09	0.24
Cash Income Tax Paid	9.37	29.68	16.34	27.08	21.96
Levered Free Cash Flow	38.83	88.94	123.46	111.81	-77.89
Unlevered Free Cash Flow	38.86	88.98	123.81	112.49	-77.71
Change in Working Capital	-7.85	9.03	-32.13	33.68	3.97

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