W&B 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	472.65	300.28	217.21	199.19
Depreciation & Amortization	68.5	34.52	20.95	19.78
Loss (Gain) From Sale of Assets	0.08	-0.1	-	-
Loss (Gain) From Sale of Investments	-0.19	-	-	-
Stock-Based Compensation	0.53	-	-	-
Provision & Write-off of Bad Debts	-1.16	34.44	0.53	0.01
Other Operating Activities	85.66	3.74	48.59	103.54
Change in Accounts Receivable	-180.78	-262.35	75.17	186.24
Change in Inventory	-88.16	-107.77	21.95	140.56
Change in Accounts Payable	83.42	192.05	1.78	-448.26
Change in Unearned Revenue	-6.34	8.78	2.02	-39.05
Change in Other Net Operating Assets	-8.68	32.35	-421.55	-185.46
Operating Cash Flow	425.53	235.95	-33.35	-23.45
Operating Cash Flow Growth	80.35%	-	-	-
Capital Expenditures	-61.65	-346.99	-19.13	-9.34
Sale of Property, Plant & Equipment	-	0.1	-	-
Divestitures	-	-	-	636.08
Sale (Purchase) of Intangibles	-0.72	-5.19	-0.2	-
Investment in Securities	-830.38	1.76	-20.71	-32.22
Other Investing Activities	-204.75	-55.46	-200.83	-
Investing Cash Flow	-1,098	-405.77	-240.88	594.53
Short-Term Debt Issued	127.75	-	-	-
Total Debt Issued	127.75	-	-	-
Short-Term Debt Repaid	-127.75	-	-	-
Long-Term Debt Repaid	-11.4	-9.71	-9.6	-
Total Debt Repaid	-139.15	-9.71	-9.6	-9.24
Net Debt Issued (Repaid)	-11.4	-9.71	-9.6	-9.24
Issuance of Common Stock	926.85	145.39	334.25	193.8
Common Dividends Paid	-143.5	-55.46	-	-
Financing Cash Flow	771.94	80.21	324.65	184.56
Foreign Exchange Rate Adjustments	-10.47	-4.96	2.04	-33.17
Net Cash Flow	89.5	-94.57	52.45	722.47
Free Cash Flow	363.88	-111.04	-52.49	-32.79
Free Cash Flow Margin	15.38%	-7.51%	-4.55%	-2.30%
Free Cash Flow Per Share	12.48	-3.94	-2.67	-7.93
Cash Interest Paid	0.42	-	0.51	2.05
Cash Income Tax Paid	65.72	39.81	44.76	104.04
Levered Free Cash Flow	231.49	-337.76	-87.71	-
Unlevered Free Cash Flow	232.45	-336.88	-86.29	-
Change in Working Capital	-200.54	-136.93	-320.64	-345.97

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