APAC Opto 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	154.53	220.35	205.42	260.91	145.22
Depreciation & Amortization	26.92	22.98	21.45	22.27	24.06
Other Amortization	-	1.73	1.54	1.36	1.28
Loss (Gain) From Sale of Assets	-	-	-	-	-0.17
Other Operating Activities	-9.14	-20.17	-13.26	23.6	0.48
Change in Accounts Receivable	81.07	25.34	-115.68	11.32	-28.98
Change in Inventory	-37.77	66.24	29.74	0.16	-44.25
Change in Accounts Payable	24.29	-17.1	18.06	-41.56	56.49
Change in Other Net Operating Assets	-26.88	17.66	4.17	11.41	9.71
Operating Cash Flow	213.02	317.03	151.43	289.47	163.83
Operating Cash Flow Growth	-32.81%	109.35%	-47.69%	76.68%	62.81%
Capital Expenditures	-28.75	-30.58	-18.98	-6.26	-16.65
Sale of Property, Plant & Equipment	-	-	-	-	0.17
Sale (Purchase) of Intangibles	-2.76	-1.75	-0.79	-0.9	-1.89
Investment in Securities	-163.12	-31.28	-195.87	-410.98	-343.58
Other Investing Activities	-0.32	-4.29	-5.65	-1.6	-0.64
Investing Cash Flow	-194.95	-67.89	-221.28	-419.74	-362.59
Long-Term Debt Repaid	-0.25	-0.25	-0.24	-0.23	-0.2
Net Debt Issued (Repaid)	-0.25	-0.25	-0.24	-0.23	-0.2
Common Dividends Paid	-136.88	-187.72	-234.65	-140.79	-86.04
Other Financing Activities	-0.01	0.8	-0.02	-0.03	-0.02
Financing Cash Flow	-137.14	-187.17	-234.91	-141.05	-86.26
Net Cash Flow	-119.07	61.96	-304.76	-271.32	-285.02
Free Cash Flow	184.26	286.45	132.46	283.21	147.19
Free Cash Flow Growth	-35.67%	116.25%	-53.23%	92.41%	62.97%
Free Cash Flow Margin	22.62%	30.60%	14.07%	32.01%	18.90%
Free Cash Flow Per Share	2.35	3.65	1.68	3.57	1.87
Cash Interest Paid	0.01	0.01	0.02	0.03	0.02
Cash Income Tax Paid	32.92	58.39	47.77	24.6	21.4
Levered Free Cash Flow	130.5	183.14	63.98	158.01	113.62
Unlevered Free Cash Flow	130.5	183.15	63.99	158.03	113.63
Change in Working Capital	40.71	92.14	-63.71	-18.68	-7.03

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