Forcelead 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	506.03	588.56	436.89	576.71	1,084
Depreciation & Amortization	61.23	61.31	60.9	52.51	40.31
Other Amortization	9.78	9.93	7.64	2.36	0.15
Loss (Gain) From Sale of Investments	-3.62	-0.53	-1.31	-0.02	-0.71
Stock-Based Compensation	33.38	14.96	4.49	0.06	6
Other Operating Activities	9.74	-6.74	-15.97	32.28	245.46
Change in Accounts Receivable	-127.01	-23.98	9.81	45.63	-70.12
Change in Inventory	68.47	-77.56	222.5	-298.49	-268.76
Change in Accounts Payable	43.4	31.18	144.78	-263.44	160.1
Change in Other Net Operating Assets	16.68	50.38	37.85	187.9	133.96
Operating Cash Flow	618.08	647.51	907.59	335.49	1,330
Operating Cash Flow Growth	-4.55%	-28.66%	170.53%	-74.78%	400.47%
Capital Expenditures	-162.24	-46.21	-176.87	-62.89	-41.92
Sale (Purchase) of Intangibles	-15.91	-9.53	-19.67	-15.01	-10.03
Investment in Securities	204.75	-855.6	-248.8	13.2	-402.3
Other Investing Activities	20.23	24.1	11.86	-17.16	-72.17
Investing Cash Flow	46.83	-887.25	-433.48	-81.85	-526.43
Long-Term Debt Repaid	-8.03	-7.93	-6.42	-4.47	-2.63
Net Debt Issued (Repaid)	-8.03	-7.93	-6.42	-4.47	-2.63
Issuance of Common Stock	-	822.19	58	58	135
Repurchase of Common Stock	-	-	-	-	-180
Common Dividends Paid	-530.3	-392.3	-519.04	-975.43	-110.94
Other Financing Activities	-34.06	-37.44	30.96	-17.49	35.29
Financing Cash Flow	-572.4	384.52	-436.5	-939.39	-123.28
Foreign Exchange Rate Adjustments	-5.68	8.79	-1.05	17.12	-3.88
Net Cash Flow	86.83	153.57	36.56	-668.63	676.62
Free Cash Flow	455.84	601.3	730.72	272.6	1,288
Free Cash Flow Growth	-24.19%	-17.71%	168.05%	-78.84%	420.29%
Free Cash Flow Margin	16.94%	20.25%	27.51%	9.70%	36.47%
Free Cash Flow Per Share	10.83	15.60	19.30	7.75	33.02
Cash Interest Paid	1.95	1.97	1.3	0.31	0.1
Cash Income Tax Paid	28.73	122.61	121.8	233.95	33.92
Levered Free Cash Flow	273.68	387.7	331.21	-199.07	1,002
Unlevered Free Cash Flow	274.91	388.94	332.03	-198.86	1,002
Change in Working Capital	1.54	-19.98	414.94	-328.4	-44.81

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