Advanced Material Systems 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	50.33	58.88	64.31	105.5
Depreciation & Amortization	30.39	33.76	33.5	35.65
Loss (Gain) From Sale of Assets	0.47	0.39	0.76	0.54
Stock-Based Compensation	1.27	15.8	-	-
Provision & Write-off of Bad Debts	0	0.28	-	-
Other Operating Activities	16.66	17.16	-5.57	-1.4
Change in Accounts Receivable	47.37	-12.09	60.44	-39.16
Change in Inventory	-15.11	11.44	-2.17	-6.41
Change in Accounts Payable	-6.14	3.94	-5.18	-3.91
Change in Unearned Revenue	-29.54	21.77	12.67	-4.25
Change in Other Net Operating Assets	2.85	-3.26	9.95	7.47
Operating Cash Flow	98.55	148.06	168.7	94.03
Operating Cash Flow Growth	-33.44%	-12.23%	79.40%	-
Capital Expenditures	-338.33	-183.91	-8.72	-2.9
Sale (Purchase) of Intangibles	-3.52	-0.53	-1.29	-0.26
Sale (Purchase) of Real Estate	-	-	-9.47	-157.42
Investment in Securities	-	-10.3	-0.2	-
Other Investing Activities	0.79	-	0	-1.82
Investing Cash Flow	-341.05	-194.74	-19.68	-162.38
Short-Term Debt Issued	-	-	-	10
Long-Term Debt Issued	28.86	98.5	-	137
Total Debt Issued	28.86	98.5	-	147
Short-Term Debt Repaid	-	-	-26	-
Long-Term Debt Repaid	-45.39	-13.41	-10.43	-9.62
Total Debt Repaid	-45.39	-13.41	-36.43	-9.62
Net Debt Issued (Repaid)	-16.53	85.09	-36.43	137.38
Issuance of Common Stock	285	12.52	-	216
Financing Cash Flow	268.47	97.61	-36.43	353.38
Net Cash Flow	25.97	50.93	112.58	285.03
Free Cash Flow	-239.78	-35.85	159.98	91.14
Free Cash Flow Growth	-	-	75.53%	-
Free Cash Flow Margin	-65.23%	-11.25%	54.83%	24.72%
Free Cash Flow Per Share	-6.69	-1.06	4.74	3.01
Cash Interest Paid	1.09	2.19	3.53	3.04
Cash Income Tax Paid	10.15	2.58	1.8	0.18
Levered Free Cash Flow	-235.27	-90.8	125.12	-
Unlevered Free Cash Flow	-234.53	-89.43	127.32	-
Change in Working Capital	-0.57	21.79	75.71	-46.26