Greenet 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	59.69	25.22	5.87
Depreciation & Amortization	4.17	0.22	-
Loss (Gain) on Sale of Assets	0.01	-	-
Stock-Based Compensation	0.47	-	-
Change in Accounts Receivable	-200.11	-111.38	-94.13
Change in Accounts Payable	129.01	170.38	25.25
Change in Other Net Operating Assets	-31.53	14.62	13.14
Other Operating Activities	11.22	1.45	1.36
Operating Cash Flow	-27.03	100.54	-48.49
Capital Expenditures	-7.87	-0.65	-
Sale (Purchase) of Intangibles	-1.42	-0.99	-
Other Investing Activities	-107.79	-14.2	-15.19
Investing Cash Flow	-117.08	-15.84	-15.19
Long-Term Debt Repaid	-2.04	-	-
Net Debt Issued (Repaid)	-2.04	-	-
Issuance of Common Stock	59.52	270	-
Common Dividends Paid	-6	-11.97	-0.18
Other Financing Activities	13.13	-18.39	18.41
Financing Cash Flow	64.62	239.63	18.23
Net Cash Flow	-79.49	324.33	-45.44
Free Cash Flow	-34.89	99.89	-48.49
Free Cash Flow Margin	-1.53%	9.76%	-20.73%
Free Cash Flow Per Share	-2.34	22.05	-10.77
Cash Interest Paid	0.26	-	-
Cash Income Tax Paid	4.05	4.97	0.11
Levered Free Cash Flow	-103.46	90.55	-
Unlevered Free Cash Flow	-103.3	90.56	-
Change in Working Capital	-102.63	73.62	-55.74

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