Entire 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	-310.44	5.03	-317.08	-187.06	-113.63
Depreciation & Amortization	155.97	149.84	146.46	68.09	51.06
Other Amortization	-	1.7	1.35	0.18	0.02
Loss (Gain) From Sale of Assets	-0.18	-0.23	-0.17	-1.06	-0.05
Loss (Gain) From Sale of Investments	0.13	-	-	-	-
Stock-Based Compensation	-	-	-	-	0.07
Provision & Write-off of Bad Debts	244.82	4.66	-3.37	20.7	11.95
Other Operating Activities	-0.1	0.29	0.23	0.21	-28.53
Change in Accounts Receivable	-3.58	-176.21	-57.5	317.37	171.71
Change in Inventory	46.64	-41.2	28.87	71.24	-134.01
Change in Accounts Payable	-10.6	-2.26	-6.26	-57.08	-36.78
Change in Unearned Revenue	14.16	4.6	-5.36	5.13	-0.05
Change in Other Net Operating Assets	44.59	-32.7	82.12	-128.97	-40.2
Operating Cash Flow	181.39	-86.47	-130.73	108.73	-118.43
Capital Expenditures	-89.04	-127.46	-215.96	-134.32	-210.17
Sale of Property, Plant & Equipment	0.18	0.23	0.17	1.06	0.05
Sale (Purchase) of Intangibles	-1.4	-2.07	-4.44	-0.66	-0.35
Other Investing Activities	50.15	-60.17	-8.77	-8.78	-0.03
Investing Cash Flow	-40.12	-189.47	-228.99	-142.7	-210.5
Short-Term Debt Issued	-	139.55	53.65	264.37	151.29
Long-Term Debt Issued	-	328.1	-	-	-
Total Debt Issued	-	467.65	53.65	264.37	151.29
Short-Term Debt Repaid	-40.94	-	-	-	-
Long-Term Debt Repaid	-55.2	-142.19	-104.93	-202.25	-149.78
Total Debt Repaid	-96.14	-142.19	-104.93	-202.25	-149.78
Net Debt Issued (Repaid)	-96.14	325.47	-51.28	62.12	1.51
Issuance of Common Stock	-	-	314.5	-	247
Other Financing Activities	-	-	-1.6	-	0.2
Financing Cash Flow	-96.14	325.47	261.62	62.12	248.71
Foreign Exchange Rate Adjustments	-2.34	0.61	-0.41	0.45	-0.01
Net Cash Flow	42.8	50.14	-98.51	28.6	-80.23
Free Cash Flow	92.35	-213.93	-346.69	-25.59	-328.6
Free Cash Flow Margin	5.80%	-11.49%	-19.44%	-1.56%	-14.36%
Free Cash Flow Per Share	0.95	-2.19	-3.71	-0.32	-4.36
Cash Interest Paid	-	31.07	24.4	15.57	11.15
Cash Income Tax Paid	-	0.72	0.11	-0.59	25.15
Levered Free Cash Flow	314.68	-412.85	-407.59	246.87	-438.06
Unlevered Free Cash Flow	337.88	-393.21	-392.22	256.75	-431.13
Change in Working Capital	91.2	-247.77	41.87	207.68	-39.32

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