Pharmasaga 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	-80.99	-80.88	-27.43	-11.03
Depreciation & Amortization	8.18	7.65	7.06	7.06
Other Amortization	0.08	0.06	-	-
Stock-Based Compensation	7.9	-	-	-
Other Operating Activities	-0.54	-	-	-
Change in Accounts Receivable	0.02	0.04	-0.06	-
Change in Accounts Payable	10.76	6.57	6.71	0.18
Change in Other Net Operating Assets	-3.75	-2.43	-0.82	-0.06
Operating Cash Flow	-58.33	-68.99	-14.54	-3.86
Capital Expenditures	-1.96	-	-	-
Sale (Purchase) of Intangibles	-	-0.24	-	-
Investment in Securities	-208.29	-173.8	-	-
Other Investing Activities	-0.35	-0.01	-0.06	0.41
Investing Cash Flow	-210.6	-174.05	-0.06	0.41
Long-Term Debt Repaid	-0.74	-0.6	-	-
Net Debt Issued (Repaid)	-0.74	-0.6	-	-
Issuance of Common Stock	412.5	110.88	132.52	20
Financing Cash Flow	411.76	110.28	132.52	20
Net Cash Flow	142.83	-132.77	117.91	16.56
Free Cash Flow	-60.29	-68.99	-14.54	-3.86
Free Cash Flow Per Share	-1.20	-1.85	-0.67	-0.20
Cash Interest Paid	0.16	0.03	-	-
Cash Income Tax Paid	0.54	-	-	-
Levered Free Cash Flow	-36.13	-45.93	-4.4	-
Unlevered Free Cash Flow	-36.03	-45.91	-4.4	-
Change in Working Capital	7.03	4.18	5.82	0.12