Bison 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	101.1	213.98	137.37	114.28	106.4
Depreciation & Amortization	62.34	54.68	48.9	42.57	39.67
Other Amortization	8.31	6.98	8.03	7.69	10.61
Loss (Gain) From Sale of Assets	0.01	0.64	0.37	0.22	0.05
Provision & Write-off of Bad Debts	-0.1	-0.06	0.65	-0.11	0.54
Other Operating Activities	10.69	7.82	-1.19	5.57	-6.12
Change in Accounts Receivable	42.72	-25.27	-239.33	46.58	-224.68
Change in Inventory	126.28	32.55	-287.87	20.19	-59.04
Change in Accounts Payable	-155.3	-24.12	290.06	-70.3	16.08
Change in Other Net Operating Assets	104.09	46.27	-2.83	81.9	99.82
Operating Cash Flow	300.13	313.48	-45.84	248.58	-16.68
Operating Cash Flow Growth	-4.26%	-	-	-	-
Capital Expenditures	-64.05	-81.9	-36.84	-111.86	-36.04
Sale (Purchase) of Intangibles	-10.96	-7.97	-9.27	-6.36	-7.95
Other Investing Activities	92.83	-62.07	-0.09	-0.97	0.02
Investing Cash Flow	17.83	-151.94	-46.2	-119.19	-43.97
Short-Term Debt Issued	-	-	170	50	-
Total Debt Issued	-	-	170	50	-
Short-Term Debt Repaid	-215	-5	-	-	-
Long-Term Debt Repaid	-15.98	-16.83	-16.79	-16.41	-15.9
Total Debt Repaid	-230.98	-21.83	-16.79	-16.41	-15.9
Net Debt Issued (Repaid)	-230.98	-21.83	153.21	33.59	-15.9
Common Dividends Paid	-102.84	-81.19	-54.12	-29.52	-59.04
Other Financing Activities	0.13	-	-	-	-
Financing Cash Flow	-333.69	-103.02	99.09	4.07	-74.95
Foreign Exchange Rate Adjustments	4.13	-18.18	14.19	0.33	1.33
Net Cash Flow	-11.61	40.34	21.24	133.79	-134.27
Free Cash Flow	236.08	231.58	-82.68	136.72	-52.72
Free Cash Flow Growth	1.94%	-	-	-	-
Free Cash Flow Margin	8.71%	8.46%	-3.29%	6.64%	-2.77%
Free Cash Flow Per Share	4.30	4.20	-1.49	2.45	-0.95
Cash Interest Paid	5.4	7.05	5.21	2.85	2.58
Cash Income Tax Paid	36.69	59.16	43.37	24.2	26.88
Levered Free Cash Flow	330.65	55	-100.37	105.26	-84.85
Unlevered Free Cash Flow	333.88	59.45	-97.01	107.06	-83.24
Change in Working Capital	117.79	29.44	-239.97	78.37	-167.82

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