Hsin Tai Gas 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	363.26	383.92	387.37	367.95	326.36
Depreciation & Amortization	326.91	312.12	295.25	283.33	259.71
Other Amortization	-	3.1	3.75	4.8	7.06
Loss (Gain) on Sale of Assets	1.77	3.74	0.99	2.26	4.32
Loss (Gain) on Sale of Investments	10.43	-14.93	-6.86	-2.48	-5.16
Asset Writedown	0.27	-	-	-	-
Change in Accounts Receivable	-2.65	-44.2	-4.25	-13.28	-24.82
Change in Inventory	-132.46	-138.26	-110.7	-102.12	-75.71
Change in Accounts Payable	1.89	9.13	-6.9	-24.27	40.2
Change in Unearned Revenue	104.94	143.79	183.79	86.94	121.18
Change in Other Net Operating Assets	-25.15	20.01	-21.31	-54.14	17
Other Operating Activities	12.36	10.03	16	22.74	16.97
Operating Cash Flow	661.57	689	741.85	571.93	687.1
Operating Cash Flow Growth	-3.98%	-7.12%	29.71%	-16.76%	38.18%
Capital Expenditures	-247.05	-294.71	-242.1	-268.73	-322.8
Sale of Property, Plant & Equipment	-	0.01	-	-	-
Sale (Purchase) of Intangibles	-1.74	-1.19	-4.29	-4.61	-1.38
Investment in Securities	-107.69	-209.83	-90.64	-55.53	-164.94
Other Investing Activities	-1.76	0.37	-0.8	0.85	-1.43
Investing Cash Flow	-358.61	-505.63	-337.97	-328.01	-490.55
Long-Term Debt Repaid	-6.17	-6.39	-6.35	-6.97	-6.96
Net Debt Issued (Repaid)	-6.17	-6.39	-6.35	-6.97	-6.96
Common Dividends Paid	-357.84	-357.84	-325.31	-162.65	-201.64
Other Financing Activities	3.41	14.26	1.84	8.62	6.19
Financing Cash Flow	-360.6	-349.96	-329.81	-161.01	-202.41
Foreign Exchange Rate Adjustments	-0.43	0.15	-0	-	-
Net Cash Flow	-58.07	-166.45	74.06	82.92	-5.85
Free Cash Flow	414.52	394.29	499.76	303.21	364.3
Free Cash Flow Growth	5.13%	-21.10%	64.82%	-16.77%	227.13%
Free Cash Flow Margin	13.38%	14.23%	19.35%	11.96%	15.85%
Free Cash Flow Per Share	2.54	2.42	3.07	1.86	2.24
Cash Interest Paid	0.3	0.32	0.29	0.28	0.3
Cash Income Tax Paid	88.22	92.75	93.4	79.94	74.13
Levered Free Cash Flow	375.01	477.46	458.7	218.63	263.78
Unlevered Free Cash Flow	375.2	477.66	458.88	218.8	263.97
Change in Working Capital	-53.42	-9.52	40.63	-106.88	77.86

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