Reliance Securities 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	162.24	78.87	295.81	-180.67	306.2
Depreciation & Amortization, Total	19.62	20.4	19.84	20.29	18.94
Change in Accounts Receivable	-229.84	303.19	-307.09	397.55	122.7
Change in Accounts Payable	226.84	-292.97	303.02	-389.6	-150.35
Change in Other Net Operating Assets	17.61	-6.05	26.5	-51.97	0.03
Other Operating Activities	7.99	-15.76	16.21	-7.15	7.53
Operating Cash Flow	23.41	-1.62	-3.4	19.83	44.36
Capital Expenditures	-12.22	-6.34	-12.11	-5.2	-16.87
Sale (Purchase) of Intangibles	-2.86	-2.45	-4.92	-6.73	-4.56
Other Investing Activities	1.84	0.49	4.25	2.17	8.55
Investing Cash Flow	-13.23	-7.81	-12.77	-9.77	-12.88
Short-Term Debt Issued	18,528	20,414	15,869	15,781	18,330
Total Debt Issued	18,528	20,414	15,869	15,781	18,330
Short-Term Debt Repaid	-18,528	-20,414	-15,869	-15,831	-18,290
Long-Term Debt Repaid	-7.76	-7.74	-7.59	-8.3	-8.41
Total Debt Repaid	-18,536	-20,421	-15,876	-15,839	-18,298
Net Debt Issued (Repaid)	-7.76	-7.74	-7.59	-58.3	31.59
Financing Cash Flow	-7.76	-7.74	-7.59	-58.3	31.59
Net Cash Flow	2.42	-17.17	-23.76	-48.24	63.07
Free Cash Flow	11.2	-7.97	-15.5	14.63	27.49
Free Cash Flow Growth	-	-	-	-46.79%	-
Free Cash Flow Margin	2.90%	-2.92%	-2.91%	-	4.76%
Free Cash Flow Per Share	0.07	-0.05	-0.10	0.09	0.17
Cash Interest Paid	0.52	0.64	0.5	0.3	1.64
Cash Income Tax Paid	0.79	18.92	0.24	7.53	-0.08

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