Lightel 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	135.36	72.21	20.44	126.67	59.1
Depreciation & Amortization	29.53	27.64	23.33	24.38	25.43
Loss (Gain) From Sale of Assets	0.02	0.21	0.05	0.1	0.05
Asset Writedown & Restructuring Costs	-7.87	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	-0.66	-25.18	-0.07
Loss (Gain) on Equity Investments	12.99	14.3	14.4	8.98	-
Stock-Based Compensation	6.01	6.29	3.22	1.23	1.73
Provision & Write-off of Bad Debts	0.23	-2.61	-1.26	1.82	2.53
Other Operating Activities	13.54	-23.76	32.99	-68.77	-47.88
Change in Accounts Receivable	-33.57	-21.4	-32.04	2.66	-25.02
Change in Inventory	-21.85	45.41	-1.65	-13.19	-11.88
Change in Accounts Payable	19.75	6.28	-0.22	4.23	1.78
Change in Unearned Revenue	-0.71	-0.19	-2.76	0.39	1.94
Change in Other Net Operating Assets	-1.08	39.8	33.57	5.29	14.14
Operating Cash Flow	152.35	164.16	89.4	68.6	21.84
Operating Cash Flow Growth	-7.19%	83.61%	30.32%	214.12%	-
Capital Expenditures	-9.91	-23.29	-13.52	-8.57	-16.01
Sale of Property, Plant & Equipment	-	0.09	-	0.06	0.23
Divestitures	-	-	-	-11.31	-
Sale (Purchase) of Intangibles	-0.36	-0.38	-6.98	-0.64	-
Investment in Securities	-149.2	57.66	42.8	-117.68	7.28
Other Investing Activities	-0.25	-0.69	6.26	-0.6	-0.04
Investing Cash Flow	-159.72	33.38	28.56	-138.75	-8.54
Long-Term Debt Repaid	-18.06	-16.32	-14.16	-8.93	-9.89
Net Debt Issued (Repaid)	-18.06	-16.32	-14.16	-8.93	-9.89
Issuance of Common Stock	328.17	0.2	0.02	0.05	-
Repurchase of Common Stock	-	-	-37.82	-	-
Common Dividends Paid	-21.71	-6.25	-	-	-
Other Financing Activities	-	-	-114.5	-	-
Financing Cash Flow	288.4	-22.38	-166.45	-8.88	-9.89
Foreign Exchange Rate Adjustments	-12.88	1.06	-3.93	77.43	-8.97
Net Cash Flow	268.15	176.22	-52.42	-1.59	-5.56
Free Cash Flow	142.44	140.87	75.89	60.03	5.83
Free Cash Flow Growth	1.12%	85.63%	26.42%	929.13%	-
Free Cash Flow Margin	16.52%	20.33%	14.32%	12.86%	1.47%
Free Cash Flow Per Share	6.38	6.30	3.48	2.56	0.26
Cash Interest Paid	4.71	5.07	5.28	6.51	4.64
Cash Income Tax Paid	35.67	40	15.34	14.9	4.2
Levered Free Cash Flow	83.26	95.7	58.79	76.31	-
Unlevered Free Cash Flow	86.2	98.87	62.09	80.38	-
Change in Working Capital	-37.46	69.89	-3.11	-0.62	-19.04

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