The Landis Taipei Hotel 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	37.06	13.64	38.82	-85.4	-124.19
Depreciation & Amortization	28.22	48.31	52.36	53.21	62.1
Other Amortization	-	0.26	0.53	1.8	1.98
Loss (Gain) From Sale of Assets	0.01	0.02	0.02	0.07	1.01
Loss (Gain) From Sale of Investments	-	-	-	-	-4.23
Provision & Write-off of Bad Debts	-0.07	0.09	0.12	0.01	3.7
Other Operating Activities	8.38	2.6	8.15	-1.38	1.17
Change in Accounts Receivable	-1.44	4.79	-7.09	-2.19	0.94
Change in Inventory	0.45	4.41	-0.68	1.03	0.16
Change in Accounts Payable	-0.79	-1.43	-1.35	-0.93	-0.26
Change in Unearned Revenue	1.81	-3.79	3.76	-3.91	3.46
Change in Other Net Operating Assets	7.94	9.27	-5.36	-7.83	4.28
Operating Cash Flow	81.55	78.17	89.28	-45.52	-49.87
Operating Cash Flow Growth	4.33%	-12.45%	-	-	-
Capital Expenditures	-8.25	-9.13	-0.28	-4.62	-
Sale of Property, Plant & Equipment	-	-	-	-	0.29
Divestitures	-	-	-	-	-60.37
Sale (Purchase) of Intangibles	-3.98	-0.08	-	-0.35	-0.5
Investment in Securities	-0.94	-58.99	32.11	2.67	1.77
Other Investing Activities	0.09	-0.01	0.03	-0	-0.18
Investing Cash Flow	-13.08	-68.21	31.85	-2.31	-58.98
Short-Term Debt Issued	-	-	-	30	-
Long-Term Debt Issued	-	-	100	-	10
Total Debt Issued	-	-	100	30	10
Short-Term Debt Repaid	-	-	-150	-	-78
Long-Term Debt Repaid	-6.51	-6.57	-6.4	-51.77	-64.93
Total Debt Repaid	-6.51	-6.57	-156.4	-51.77	-142.93
Net Debt Issued (Repaid)	-6.51	-6.57	-56.4	-21.77	-132.93
Financing Cash Flow	-6.51	-6.57	-56.4	-21.77	-132.93
Net Cash Flow	61.96	3.4	64.74	-69.6	-241.78
Free Cash Flow	73.3	69.04	89	-50.14	-49.87
Free Cash Flow Growth	6.18%	-22.43%	-	-	-
Free Cash Flow Margin	16.34%	16.25%	20.59%	-19.84%	-23.61%
Free Cash Flow Per Share	1.05	0.98	1.27	-0.71	-0.71
Cash Interest Paid	4.34	4.4	4.8	3.46	4.66
Cash Income Tax Paid	1.1	0.92	0.19	2.32	1.49
Levered Free Cash Flow	-27.95	58.94	101.22	-15.94	-13.47
Unlevered Free Cash Flow	-25.23	61.68	104.22	-13.78	-10.63
Change in Working Capital	7.96	13.26	-10.71	-13.83	8.58

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