Pro-Hawk 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	344.19	358.01	238.51	361.8	354.21
Depreciation & Amortization	52.1	52.15	48.7	48.9	44.69
Loss (Gain) From Sale of Assets	7.99	-	-	-	-
Provision & Write-off of Bad Debts	-2.75	1.15	-26.34	24.28	10.3
Other Operating Activities	-8.03	12.38	-26.86	65.13	-17.82
Change in Accounts Receivable	-31.64	-80.14	82.85	418.04	-79.17
Change in Inventory	0.31	0.3	18.02	6.37	-109.76
Change in Accounts Payable	3.43	9.24	11.8	-46.89	-16.38
Change in Unearned Revenue	8.4	0.09	-1.19	1.29	-5.38
Change in Other Net Operating Assets	15.98	22.07	2.02	-28.2	-13.63
Operating Cash Flow	389.99	375.26	347.51	850.7	167.06
Operating Cash Flow Growth	3.93%	7.99%	-59.15%	409.22%	41.00%
Capital Expenditures	-16.9	-7.54	-8.46	-16.72	-46.1
Investment in Securities	-	-	-	-	3.83
Other Investing Activities	0.9	-	-	-	-0.9
Investing Cash Flow	-16	-7.54	-8.46	-16.72	-43.17
Short-Term Debt Issued	49.56	-	-	-	40
Long-Term Debt Issued	-	-	-	-	240
Total Debt Issued	49.56	-	-	-	280
Short-Term Debt Repaid	-	-159	-21	-200	-
Long-Term Debt Repaid	-51.07	-64.78	-52.44	-51.07	-25.71
Total Debt Repaid	-51.07	-223.78	-73.44	-251.07	-25.71
Net Debt Issued (Repaid)	-1.51	-223.78	-73.44	-251.07	254.29
Common Dividends Paid	-351.33	-245.93	-358.36	-358.36	-351.33
Other Financing Activities	-6.23	-5.82	-6.82	-7.59	-6.01
Financing Cash Flow	-359.08	-475.54	-438.62	-617.02	-103.05
Net Cash Flow	14.92	-107.82	-99.57	216.96	20.84
Free Cash Flow	373.09	367.71	339.05	833.98	120.96
Free Cash Flow Growth	1.46%	8.46%	-59.35%	589.47%	80.90%
Free Cash Flow Margin	26.07%	25.06%	30.81%	49.82%	5.29%
Free Cash Flow Per Share	10.60	10.44	9.63	23.68	3.44
Cash Interest Paid	6.23	5.82	6.82	7.59	6.01
Cash Income Tax Paid	102.39	85.13	92.66	33.53	114.98
Levered Free Cash Flow	296.34	262.89	275.03	697.63	49.69
Unlevered Free Cash Flow	300.32	266.68	279.47	702.58	53.56
Change in Working Capital	-3.52	-48.43	113.5	350.59	-224.32

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.