Taiwan Biomaterial Cash Flow Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	27.08	-1.73	-10.13	33.76	-47.44	-55.37	Upgrade
Depreciation & Amortization	16.49	16.79	16.96	15.98	10.21	11.22	Upgrade
Other Amortization	0.9	0.9	0.91	0.92	0.85	0.61	Upgrade
Loss (Gain) From Sale of Assets	-	-	-	-	0.04	-0	Upgrade
Stock-Based Compensation	-	-	-	-	0.26	-	Upgrade
Other Operating Activities	-0.32	-1	0.82	-0.25	0.01	0.11	Upgrade
Change in Accounts Receivable	-1.43	2.47	1.65	-13.64	3.53	-2.1	Upgrade
Change in Inventory	17.83	7.84	-30.64	-7.82	-4.06	-0.62	Upgrade
Change in Accounts Payable	4.72	-3.55	4.63	2.79	0.02	0.64	Upgrade
Change in Unearned Revenue	0.65	0.47	-	-	-0.15	0.15	Upgrade
Change in Other Net Operating Assets	-5.49	-3.75	5.65	-2.44	10.44	0.24	Upgrade
Operating Cash Flow	60.43	18.43	-10.16	29.31	-26.29	-45.13	Upgrade
Capital Expenditures	-2.49	-3.69	-2.57	-35.67	-28.01	-149.12	Upgrade
Sale of Property, Plant & Equipment	-	-	-	0.07	-	0.05	Upgrade
Sale (Purchase) of Intangibles	-1.04	-0.96	-0.64	-1.81	-1.69	-0.27	Upgrade
Investment in Securities	-0.04	24.96	16.97	-88.51	76.89	189.79	Upgrade
Other Investing Activities	0.35	0.21	0.23	5.37	1.14	-1.11	Upgrade
Investing Cash Flow	-3.22	20.53	13.98	-120.55	48.34	39.34	Upgrade
Long-Term Debt Repaid	-	-5.29	-6.89	-7.03	-2.24	-2.39	Upgrade
Net Debt Issued (Repaid)	-4.51	-5.29	-6.89	-7.03	-2.24	-2.39	Upgrade
Issuance of Common Stock	-	-	-	189.78	1.03	0.05	Upgrade
Common Dividends Paid	-	-	-8.4	-	-	-	Upgrade
Financing Cash Flow	-4.51	-5.29	-15.29	182.75	-1.21	-2.34	Upgrade
Net Cash Flow	52.71	33.67	-11.47	91.5	20.84	-8.12	Upgrade
Free Cash Flow	57.94	14.74	-12.74	-6.36	-54.3	-194.25	Upgrade
Free Cash Flow Margin	36.68%	15.26%	-17.49%	-5.00%	-130.31%	-1074.68%	Upgrade
Free Cash Flow Per Share	1.38	0.35	-0.30	-0.16	-1.65	-5.89	Upgrade
Cash Interest Paid	0.77	0.8	0.87	0.97	1.03	1.04	Upgrade
Cash Income Tax Paid	0.3	0.21	0.25	0.09	-	-0.02	Upgrade
Levered Free Cash Flow	47.87	8.13	-12.64	-60.21	-17.57	-216.35	Upgrade
Unlevered Free Cash Flow	48.36	8.63	-12.09	-59.6	-16.93	-215.7	Upgrade
Change in Working Capital	16.29	3.48	-18.71	-21.1	9.78	-1.7	Upgrade

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