Kwang Ming Silk Mill 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	223.63	250.19	1,636	-4.35	82.61
Depreciation & Amortization	51.45	56.23	62.86	64.05	61
Loss (Gain) From Sale of Assets	-272.23	-341.32	-1,825	-	-0.65
Loss (Gain) From Sale of Investments	-14.11	-6.63	7.3	25.69	-22.57
Loss (Gain) on Equity Investments	-0.28	3.29	8.91	-2.81	-3.56
Provision & Write-off of Bad Debts	-	-	-	-0.07	-
Other Operating Activities	-1.92	44.29	78.06	-23.26	8.35
Change in Accounts Receivable	0.79	-23.86	-16.54	51.19	3.25
Change in Inventory	-2.2	6.07	34.15	1.91	-1.53
Change in Accounts Payable	3.7	-2.17	-2.68	5.14	-1.41
Change in Unearned Revenue	-8.94	12.08	0.5	-6.04	2.53
Change in Other Net Operating Assets	4.07	19.24	16.88	4.44	23.59
Operating Cash Flow	-148.87	41.02	-2.44	57.86	258.24
Operating Cash Flow Growth	-	-	-	-77.59%	-
Capital Expenditures	-0.29	-5.02	-11.39	-80.1	-2.74
Sale of Property, Plant & Equipment	-	1.52	9.72	-	0.65
Sale (Purchase) of Real Estate	621.95	2,558	145.28	-3.07	-238.26
Investment in Securities	-	-17.5	-12.32	-48.06	13.04
Other Investing Activities	-0.59	-0.55	-71.91	-	42.12
Investing Cash Flow	621.07	2,536	59.38	-131.24	-185.2
Short-Term Debt Issued	10	50	-	125	-
Long-Term Debt Issued	-	321.1	-	-	179.15
Total Debt Issued	10	371.1	-	125	179.15
Short-Term Debt Repaid	-	-	-205	-	-
Long-Term Debt Repaid	-220.42	-1,202	-45.54	-41.39	-87.07
Total Debt Repaid	-220.42	-1,202	-250.54	-41.39	-87.07
Net Debt Issued (Repaid)	-210.42	-831.16	-250.54	83.61	92.08
Common Dividends Paid	-222.5	-1,456	-80.91	-80.91	-80.91
Other Financing Activities	-0.47	-311.36	298.14	-11.2	-10.75
Financing Cash Flow	-433.4	-2,599	-33.32	-8.5	0.42
Net Cash Flow	38.81	-21.55	23.63	-81.87	73.47
Free Cash Flow	-149.16	36	-13.83	-22.24	255.5
Free Cash Flow Margin	-14.55%	4.31%	-2.01%	-2.40%	27.87%
Free Cash Flow Per Share	-3.68	0.89	-0.34	-0.55	6.31
Cash Interest Paid	2.41	18.63	29.6	22.31	16.41
Cash Income Tax Paid	51.18	-6.04	69.3	-	3.64
Levered Free Cash Flow	380.65	1,510	-1,788	31.75	185.86
Unlevered Free Cash Flow	381.99	1,520	-1,769	46.01	196.12
Change in Working Capital	-135.41	34.96	29.31	-1.38	133.07

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