Nam Liong Global 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	26.7	137.75	12.55	177.62	150.26
Depreciation & Amortization	133.63	126.52	120.64	113.79	101.07
Loss (Gain) From Sale of Assets	0.98	0.18	0.72	-0.92	2.21
Provision & Write-off of Bad Debts	3.02	-4.95	3.34	-1.1	1.53
Other Operating Activities	4.55	-35.42	46.66	35.75	14.14
Change in Accounts Receivable	30.37	-78.1	28.18	118.45	-111.92
Change in Inventory	14.36	7.44	142.4	-21.91	-105.01
Change in Accounts Payable	-17.45	50.8	-7.57	-114.53	14.81
Change in Other Net Operating Assets	4.02	7.29	-128.84	110.75	61.79
Operating Cash Flow	200.17	211.52	218.08	417.89	128.87
Operating Cash Flow Growth	-5.37%	-3.01%	-47.81%	224.27%	16.53%
Capital Expenditures	-84.85	-37.25	-38.19	-97.46	-193.9
Sale of Property, Plant & Equipment	1.26	0.28	7.07	1.09	1.78
Sale (Purchase) of Intangibles	-0.38	-0.48	-2.38	-1.92	-0.84
Investment in Securities	-54.52	25.51	-160.02	4.39	-78.17
Other Investing Activities	5.43	12.31	8.26	22.93	-3.24
Investing Cash Flow	-133.07	0.38	-185.25	-70.97	-274.37
Short-Term Debt Issued	-	20	-	-	170.13
Long-Term Debt Issued	373.48	73	654.14	46	211.6
Total Debt Issued	373.48	93	654.14	46	381.73
Short-Term Debt Repaid	-120	-	-262.01	-58.81	-0.25
Long-Term Debt Repaid	-261.23	-274.14	-280.23	-130.53	-204.85
Total Debt Repaid	-381.23	-274.14	-542.24	-189.34	-205.1
Net Debt Issued (Repaid)	-7.75	-181.14	111.9	-143.34	176.64
Common Dividends Paid	-61.2	-30.6	-79.56	-73.44	-
Other Financing Activities	-	-0.17	-4.52	-	-
Financing Cash Flow	-68.95	-211.91	27.82	-216.77	176.64
Foreign Exchange Rate Adjustments	-2.09	19.79	-9.78	11.98	1.91
Net Cash Flow	-3.94	19.79	50.87	142.13	33.05
Free Cash Flow	115.32	174.27	179.89	320.43	-65.03
Free Cash Flow Growth	-33.83%	-3.12%	-43.86%	-	-
Free Cash Flow Margin	4.75%	6.53%	7.46%	10.40%	-1.94%
Free Cash Flow Per Share	0.76	1.16	1.25	2.60	-0.53
Cash Interest Paid	16.23	19.17	22.65	24.34	20.39
Cash Income Tax Paid	14.35	59.08	23.38	9.04	21.75
Levered Free Cash Flow	102.74	117.39	207.82	205.11	-146.62
Unlevered Free Cash Flow	116.3	128.14	221.74	223.6	-130.42
Change in Working Capital	31.3	-12.56	34.17	92.76	-140.33

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