Taiwan Biomaterial 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	58.93	-1.73	-10.13	33.76	-47.44
Depreciation & Amortization	16.64	16.79	16.96	15.98	10.21
Other Amortization	-	0.9	0.91	0.92	0.85
Loss (Gain) From Sale of Assets	-	-	-	-	0.04
Stock-Based Compensation	-	-	-	-	0.26
Other Operating Activities	-0.44	-1	0.82	-0.25	0.01
Change in Accounts Receivable	-24.14	2.47	1.65	-13.64	3.53
Change in Inventory	-18.75	7.84	-30.64	-7.82	-4.06
Change in Accounts Payable	15.55	-3.55	4.63	2.79	0.02
Change in Unearned Revenue	0.29	0.47	-	-	-0.15
Change in Other Net Operating Assets	0.7	-3.75	5.65	-2.44	10.44
Operating Cash Flow	48.77	18.43	-10.16	29.31	-26.29
Operating Cash Flow Growth	164.68%	-	-	-	-
Capital Expenditures	-1.44	-3.69	-2.57	-35.67	-28.01
Sale of Property, Plant & Equipment	-	-	-	0.07	-
Sale (Purchase) of Intangibles	-1.7	-0.96	-0.64	-1.81	-1.69
Investment in Securities	9.96	24.96	16.97	-88.51	76.89
Other Investing Activities	0.13	0.21	0.23	5.37	1.14
Investing Cash Flow	6.95	20.53	13.98	-120.55	48.34
Long-Term Debt Repaid	-4.4	-5.29	-6.89	-7.03	-2.24
Net Debt Issued (Repaid)	-4.4	-5.29	-6.89	-7.03	-2.24
Issuance of Common Stock	-	-	-	189.78	1.03
Common Dividends Paid	-	-	-8.4	-	-
Other Financing Activities	1.74	-	-	-	-
Financing Cash Flow	-2.66	-5.29	-15.29	182.75	-1.21
Net Cash Flow	53.06	33.67	-11.47	91.5	20.84
Free Cash Flow	47.33	14.74	-12.74	-6.36	-54.3
Free Cash Flow Growth	221.06%	-	-	-	-
Free Cash Flow Margin	21.47%	15.26%	-17.49%	-5.00%	-130.31%
Free Cash Flow Per Share	1.12	0.35	-0.30	-0.16	-1.65
Cash Interest Paid	0.74	0.8	0.87	0.97	1.03
Cash Income Tax Paid	0.37	0.21	0.25	0.09	-
Levered Free Cash Flow	25.66	8.13	-12.64	-60.21	-17.57
Unlevered Free Cash Flow	26.12	8.63	-12.09	-59.6	-16.93
Change in Working Capital	-26.35	3.48	-18.71	-21.1	9.78

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