Joules Miles 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	24.19	61.12	13.17	114.86
Depreciation & Amortization	58.14	48.05	41.47	33.73
Other Amortization	-	4.44	4.81	2.79
Loss (Gain) From Sale of Assets	0.01	0.78	0.28	0.28
Stock-Based Compensation	0.03	-	-	-
Provision & Write-off of Bad Debts	-1.79	1.38	-0.87	1.87
Other Operating Activities	-2.5	8.77	-33.25	5.23
Change in Accounts Receivable	16.15	-105.28	78.65	40.59
Change in Inventory	19.51	150.17	110.76	-146
Change in Accounts Payable	19.58	22.08	46.18	-114.32
Change in Unearned Revenue	-38.03	4.03	-20.13	47.68
Change in Other Net Operating Assets	17.19	-16.36	-62.5	100.58
Operating Cash Flow	112.49	179.18	178.59	87.29
Operating Cash Flow Growth	-37.22%	0.33%	104.59%	-
Capital Expenditures	-118.13	-139.29	-27.06	-29.8
Sale of Property, Plant & Equipment	-	0.27	-	-
Sale (Purchase) of Intangibles	-2.88	-6.93	-4.28	-10.84
Investment in Securities	-	-	-	15
Other Investing Activities	-10.9	-1.23	-1.18	-0.15
Investing Cash Flow	-131.91	-147.18	-32.52	-25.79
Short-Term Debt Issued	290.6	309.66	439.66	438.52
Long-Term Debt Issued	-	51.05	17.44	-
Total Debt Issued	290.6	360.71	457.1	438.52
Short-Term Debt Repaid	-263.6	-394.38	-551.94	-448.52
Long-Term Debt Repaid	-77.2	-28.29	-38.66	-15.31
Total Debt Repaid	-340.81	-422.66	-590.6	-463.83
Net Debt Issued (Repaid)	-50.2	-61.96	-133.5	-25.31
Issuance of Common Stock	88.2	-	-	-
Common Dividends Paid	-37.03	-9.26	-55.55	-35.27
Other Financing Activities	0.01	0	-0	-3.99
Financing Cash Flow	0.97	-71.21	-189.05	-64.57
Net Cash Flow	-18.46	-39.22	-42.98	-3.06
Free Cash Flow	-5.65	39.89	151.54	57.5
Free Cash Flow Growth	-	-73.68%	163.55%	-
Free Cash Flow Margin	-0.34%	2.43%	10.72%	3.01%
Free Cash Flow Per Share	-0.15	1.08	4.09	1.55
Cash Interest Paid	-	8.72	11.57	8.56
Cash Income Tax Paid	-	9.01	36.93	24.85
Levered Free Cash Flow	-21.58	2.53	145.99	-
Unlevered Free Cash Flow	-16.07	7.98	153.21	-
Change in Working Capital	34.41	54.65	152.97	-71.47

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