Apex Material Technology Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	140.76	174.56	200.81	231.66
Depreciation & Amortization	46.9	47.26	42.73	36.69
Loss (Gain) From Sale of Assets	0.06	0.55	1.66	0.61
Loss (Gain) From Sale of Investments	-8.91	-6.6	92.19	-10.57
Loss (Gain) on Equity Investments	4.77	2.62	-1.61	-4.95
Stock-Based Compensation	5.7	-	-	14.2
Provision & Write-off of Bad Debts	-0.03	0.32	0.15	0.01
Other Operating Activities	14.31	-70.75	24.34	-9.42
Change in Accounts Receivable	1.21	77.51	30.95	-101.82
Change in Inventory	-16.21	53.27	9.55	-72.24
Change in Accounts Payable	11.75	-51.99	-29.39	78.62
Change in Unearned Revenue	-0.26	-0.7	5.84	7.23
Change in Other Net Operating Assets	-14.45	-49.92	26.06	15.12
Operating Cash Flow	195.75	209.18	362.99	398.45
Operating Cash Flow Growth	-6.42%	-42.38%	-8.90%	-
Capital Expenditures	-17.25	-16.19	-44.14	-320.66
Sale of Property, Plant & Equipment	0.01	0.06	0	0.17
Sale (Purchase) of Intangibles	-0.82	-1.59	-4.66	-0.41
Investment in Securities	-31.62	-26.71	6	40.88
Other Investing Activities	0.25	0.17	-0.55	-0.13
Investing Cash Flow	-49.43	-44.26	-45.51	-604.56
Long-Term Debt Issued	-	-	-	289.42
Long-Term Debt Repaid	-16.74	-16.87	-45.26	-22.37
Net Debt Issued (Repaid)	-16.74	-16.87	-45.26	267.05
Issuance of Common Stock	235.7	-	-	24.04
Common Dividends Paid	-134.96	-134.96	-115.68	-384.5
Other Financing Activities	-	-0.06	2.35	-13
Financing Cash Flow	83.99	-151.89	-158.59	-106.41
Foreign Exchange Rate Adjustments	0.51	-0.78	3.49	0.62
Net Cash Flow	230.82	12.24	162.38	-311.89
Free Cash Flow	178.51	192.98	318.85	77.79
Free Cash Flow Growth	-7.50%	-39.48%	309.91%	-
Free Cash Flow Margin	18.98%	18.53%	22.58%	6.00%
Free Cash Flow Per Share	4.28	4.97	8.19	2.02
Cash Interest Paid	4.53	4.44	3.77	2.53
Cash Income Tax Paid	22.06	80.31	47.24	47.36
Levered Free Cash Flow	112.65	92.93	249.65	-
Unlevered Free Cash Flow	109.83	90.15	252.01	-
Change in Net Working Capital	6.86	46.48	-47.63	-

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