Ablerex Electronics 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	180.9	96.64	87.69	114.7	72.16
Depreciation & Amortization	74.85	72.83	72.46	72.07	70.35
Loss (Gain) From Sale of Assets	0.77	1.64	1.98	0.09	0.3
Provision & Write-off of Bad Debts	3.82	1.55	4.53	2.12	-0.32
Other Operating Activities	23.82	10.28	-1.22	3.9	8.29
Change in Accounts Receivable	160.06	-126.52	135.11	131.85	-347.71
Change in Inventory	-160.38	-100.8	237.39	-291.37	-79.66
Change in Accounts Payable	137.7	71.44	-103.62	40.59	90.71
Change in Unearned Revenue	-33.12	37.76	-67.93	96.74	-32.03
Change in Other Net Operating Assets	1.75	3.02	6.65	24.42	31.28
Operating Cash Flow	390.17	67.84	373.06	195.11	-186.63
Operating Cash Flow Growth	475.10%	-81.81%	91.20%	-	-
Capital Expenditures	-26.59	-29.22	-40.03	-90.49	-50.14
Sale of Property, Plant & Equipment	0.06	0.14	0.35	0.56	0.36
Sale (Purchase) of Intangibles	-0.44	-0.48	-2.15	-2.53	-3.91
Investment in Securities	-30.65	2.57	-34.08	-0.19	-
Other Investing Activities	-15.27	-10.61	-3.65	-7.98	-11.16
Investing Cash Flow	-72.88	-37.6	-79.56	-100.63	-64.83
Short-Term Debt Issued	3,722	6,172	4,756	4,311	4,654
Long-Term Debt Issued	-	45	-	18.82	-
Total Debt Issued	3,722	6,217	4,756	4,330	4,654
Short-Term Debt Repaid	-3,859	-6,122	-4,892	-4,383	-4,355
Long-Term Debt Repaid	-58.16	-27.92	-19.91	-22.25	-16.54
Total Debt Repaid	-3,917	-6,150	-4,912	-4,406	-4,371
Net Debt Issued (Repaid)	-195.24	66.91	-156.34	-75.76	282.95
Issuance of Common Stock	-	-	0.02	-	-
Common Dividends Paid	-90	-90	-90	-56.25	-45
Other Financing Activities	-12.36	-	-0.11	-	-
Financing Cash Flow	-297.6	-23.09	-246.43	-132.01	237.95
Foreign Exchange Rate Adjustments	-5.97	22.37	-4.97	27.75	-14.42
Net Cash Flow	13.72	29.52	42.1	-9.78	-27.93
Free Cash Flow	363.58	38.62	333.03	104.62	-236.76
Free Cash Flow Growth	841.43%	-88.40%	218.31%	-	-
Free Cash Flow Margin	10.84%	1.28%	11.39%	3.42%	-7.93%
Free Cash Flow Per Share	8.04	0.85	7.37	2.31	-5.24
Cash Interest Paid	10.86	12.25	14.54	11.67	6.46
Cash Income Tax Paid	33.76	26.19	28.41	23.33	7.81
Levered Free Cash Flow	331.91	-12.43	289.08	54.49	-271.36
Unlevered Free Cash Flow	338.78	-4.84	297.61	62.09	-267.23
Change in Working Capital	106	-115.1	207.61	2.23	-337.41

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