Taiwan Auto-Design Co. 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	86.82	86.82	80.61	72.45	70.85
Depreciation & Amortization	25.22	17.13	16.4	15.91	14.59
Other Amortization	-	3.11	1.59	1.13	1.01
Loss (Gain) From Sale of Assets	0.12	0.06	0.2	-0.27	-0.03
Loss (Gain) on Equity Investments	-10.11	-12.48	-0.89	0.08	1.08
Provision & Write-off of Bad Debts	-	-	-	-	-0.67
Other Operating Activities	-4.79	3.61	-0.9	-0.8	3.43
Change in Accounts Receivable	36.84	-68.56	-61.71	15.91	-55.7
Change in Inventory	5.82	-30.52	5.59	-21.39	12.19
Change in Accounts Payable	-91.37	57.21	14.52	48.35	41.71
Change in Unearned Revenue	2.78	12.41	-1.53	5.28	-4.2
Change in Other Net Operating Assets	3.5	10.18	17.82	3.45	-0.65
Operating Cash Flow	54.83	78.98	71.69	140.1	83.61
Operating Cash Flow Growth	-30.57%	10.17%	-48.83%	67.55%	22.39%
Capital Expenditures	-9.45	-6.53	-2.08	-4.09	-4.68
Sale of Property, Plant & Equipment	0.02	0.1	0	0.87	0.35
Cash Acquisitions	74.4	-	-	-	-
Sale (Purchase) of Intangibles	-4.15	-3.66	-3.73	-0.99	-0.49
Investment in Securities	-6.69	-27.18	-15.48	-	1.32
Other Investing Activities	4.59	4.35	-1.53	-2.1	-3.82
Investing Cash Flow	58.72	-32.93	-22.82	-6.3	-7.33
Short-Term Debt Issued	11	-	-	-	3.26
Total Debt Issued	11	-	-	-	3.26
Short-Term Debt Repaid	-	-	-10.26	-42.48	-
Long-Term Debt Repaid	-14.14	-11.93	-39.78	-15.16	-14
Total Debt Repaid	-14.14	-11.93	-50.04	-57.64	-14
Net Debt Issued (Repaid)	-3.14	-11.93	-50.04	-57.64	-10.74
Issuance of Common Stock	-	-	-	116.56	-
Common Dividends Paid	-72.58	-72.33	-66.31	-63.57	-57.9
Other Financing Activities	-10.68	-0.72	-0.45	-0.31	-0.18
Financing Cash Flow	-86.4	-84.97	-116.81	-4.95	-68.81
Net Cash Flow	27.15	-38.93	-67.94	128.84	7.47
Free Cash Flow	45.38	72.45	69.61	136.01	78.93
Free Cash Flow Growth	-37.36%	4.08%	-48.82%	72.31%	23.35%
Free Cash Flow Margin	5.63%	10.72%	11.56%	25.39%	16.73%
Free Cash Flow Per Share	2.17	3.47	3.34	7.24	4.28
Cash Interest Paid	0.87	0.73	0.54	1.29	1.61
Cash Income Tax Paid	26.56	17.05	18.67	19.32	15
Levered Free Cash Flow	-3.36	49.37	39.25	113.94	72.55
Unlevered Free Cash Flow	-2.82	49.83	39.59	114.75	73.54
Change in Working Capital	-42.42	-19.28	-25.31	51.6	-6.65

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