Major-Power Technology 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	116.52	149.94	43.33	12.02	47.8
Depreciation & Amortization	16.74	10.23	10.32	10.07	9.46
Other Amortization	-	0.2	0.16	0.41	0.24
Loss (Gain) From Sale of Assets	-	0.05	-	-	-
Loss (Gain) From Sale of Investments	-4.6	-1.45	-0.02	-	-
Stock-Based Compensation	0.87	4.24	5.8	6.62	1.2
Provision & Write-off of Bad Debts	0.03	-0.17	6.93	-	-
Other Operating Activities	11	1.57	8.71	-15.45	19.26
Change in Accounts Receivable	-17.62	-9.93	-33.66	18.08	21.52
Change in Inventory	-23.87	6.6	-1.67	-21.98	8.74
Change in Accounts Payable	16.76	8.65	-9.75	-3.37	-1.18
Change in Other Net Operating Assets	-23.44	73.3	12.32	-16.48	15.29
Operating Cash Flow	92.39	243.23	42.49	-10.07	122.32
Operating Cash Flow Growth	-62.02%	472.49%	-	-	77810.19%
Capital Expenditures	-21.6	-7.5	-7.91	-5.41	-7.8
Sale (Purchase) of Intangibles	-8.4	-1.47	-2.44	-2.04	-2.77
Investment in Securities	-100.3	-56.97	-6.24	-	-
Other Investing Activities	2.09	2.36	83.93	-10.17	-78.85
Investing Cash Flow	-128.2	-63.59	67.34	-17.62	-89.41
Short-Term Debt Issued	23.67	93.34	166.03	160.2	114.69
Long-Term Debt Issued	35	-	20	-	-
Total Debt Issued	58.67	93.34	186.03	160.2	114.69
Short-Term Debt Repaid	-23.67	-166.99	-170.85	-138.02	-90.19
Long-Term Debt Repaid	-7.83	-26.77	-4.85	-4.56	-4.57
Total Debt Repaid	-31.5	-193.76	-175.7	-142.58	-94.77
Net Debt Issued (Repaid)	27.17	-100.43	10.33	17.62	19.93
Issuance of Common Stock	4.35	508.33	11.52	-	-
Repurchase of Common Stock	-32.98	-	-	-	-
Common Dividends Paid	-98.4	-37.76	-1.27	-30.66	-11.48
Other Financing Activities	-	-	-	-	-14.44
Financing Cash Flow	-99.87	370.14	20.59	-13.04	-5.99
Foreign Exchange Rate Adjustments	2.78	4.83	-2.02	-2.61	-1.05
Net Cash Flow	-132.9	554.61	128.39	-43.34	25.87
Free Cash Flow	70.79	235.73	34.57	-15.49	114.52
Free Cash Flow Growth	-69.97%	581.81%	-	-	-
Free Cash Flow Margin	16.24%	46.25%	9.58%	-6.40%	31.60%
Free Cash Flow Per Share	2.34	8.55	1.29	-0.60	4.25
Cash Interest Paid	1.65	2.37	2.81	1.56	0.78
Cash Income Tax Paid	15.39	23.03	0.75	14.35	10.53
Levered Free Cash Flow	40.67	225.58	1.24	-40.27	97.35
Unlevered Free Cash Flow	41.71	227.03	2.88	-39.17	97.85
Change in Working Capital	-48.17	78.63	-32.76	-23.74	44.37

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