EASYCARD 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	297.44	232.96	201.21	60.32	40.79
Depreciation & Amortization	226.79	132.86	136.1	150.39	151.49
Other Amortization	-	102.72	81.1	70.22	56.23
Loss (Gain) From Sale of Assets	-0.03	-0.02	-1.82	-0.41	0.12
Stock-Based Compensation	2.64	6.22	6.67	0.49	-
Provision & Write-off of Bad Debts	39.72	1.46	7.1	3.11	2.76
Other Operating Activities	-15.07	-33.18	11.39	2.63	2.11
Change in Accounts Receivable	48.26	-13.65	-13.29	-97.66	-53.43
Change in Inventory	5.47	-42.67	-29.58	13.69	44.42
Change in Accounts Payable	54.91	-26.32	54.65	63.01	-0.45
Change in Other Net Operating Assets	-231.22	246.52	-106.57	-120.88	125.58
Operating Cash Flow	428.91	606.92	346.96	144.91	369.62
Operating Cash Flow Growth	-29.33%	74.92%	139.43%	-60.80%	-
Capital Expenditures	-72.06	-35.68	-45.21	-35.44	-68.67
Sale of Property, Plant & Equipment	0.04	0.02	2.06	0.53	0.19
Sale (Purchase) of Intangibles	-92.96	-85.18	-90.26	-139.45	-96.39
Investment in Securities	-	-	-	-	199.3
Other Investing Activities	0.12	-4.22	-5.92	1.94	-11.2
Investing Cash Flow	-164.88	-125.06	-139.33	-172.41	23.23
Long-Term Debt Repaid	-41.34	-38.85	-35.65	-34.8	-35.14
Net Debt Issued (Repaid)	-41.34	-38.85	-35.65	-34.8	-35.14
Issuance of Common Stock	11.35	8.24	-	-	-
Common Dividends Paid	-209.22	-183.24	-52.6	-12.99	-105.6
Other Financing Activities	6.61	13.69	-10.13	-16.12	0.64
Financing Cash Flow	-232.6	-200.15	-98.38	-63.9	-140.1
Net Cash Flow	31.44	281.7	109.25	-91.41	252.75
Free Cash Flow	356.84	571.23	301.75	109.47	300.95
Free Cash Flow Growth	-37.53%	89.31%	175.63%	-63.62%	-
Free Cash Flow Margin	18.07%	29.08%	15.65%	6.61%	18.51%
Free Cash Flow Per Share	4.96	7.96	4.19	1.56	4.30
Cash Interest Paid	-	1.34	1.4	1.63	0.82
Cash Income Tax Paid	-	79.18	24.11	7.2	10.44
Levered Free Cash Flow	-79.87	624.04	130.31	-51.69	-193.13
Unlevered Free Cash Flow	-79.19	624.87	131.19	-50.67	-192.61
Change in Working Capital	-122.58	163.89	-94.79	-141.85	116.12

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