TPEX:8931 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	228.7	283.83	283.34	368.07	170.37
Depreciation & Amortization	281.27	249.45	240.83	233.12	205.89
Loss (Gain) on Sale of Assets	-0.07	-0.14	-	-0.46	17.64
Asset Writedown	1.45	8.37	-	-	-
Change in Accounts Receivable	28.31	-18.97	93.09	-145.3	5.79
Change in Inventory	169.24	-1.4	150.74	-1.86	-219.82
Change in Accounts Payable	-34.22	4.27	-2.98	-4.71	22.88
Change in Unearned Revenue	-2.03	2.43	-7.29	4.13	5.63
Change in Other Net Operating Assets	58.89	-42.54	45.37	46.79	12.2
Other Operating Activities	-52.56	-6.08	-89.23	41.99	-3.79
Operating Cash Flow	678.97	479.23	713.87	541.76	216.8
Operating Cash Flow Growth	41.68%	-32.87%	31.77%	149.89%	-56.32%
Capital Expenditures	-702.95	-526.72	-510.42	-277.13	-378.67
Sale of Property, Plant & Equipment	0.07	0.14	-	2.9	0.66
Sale (Purchase) of Intangibles	-3.13	-0.69	-0.5	-0.5	-1.07
Investment in Securities	-0.13	-112.49	-65.32	-93.66	230.4
Other Investing Activities	12.46	13.11	4.91	16.31	10.5
Investing Cash Flow	-693.69	-626.65	-571.33	-352.08	-138.18
Short-Term Debt Issued	900	1,300	800	300	-
Long-Term Debt Issued	850.51	949.49	400	100	1,350
Total Debt Issued	1,751	2,249	1,200	400	1,350
Short-Term Debt Repaid	-700	-1,400	-700	-200	-
Long-Term Debt Repaid	-765.32	-433.8	-372.74	-376.85	-1,352
Total Debt Repaid	-1,465	-1,834	-1,073	-576.85	-1,352
Net Debt Issued (Repaid)	285.19	415.69	127.27	-176.85	-2.26
Common Dividends Paid	-244.51	-256.74	-305.64	-183.38	-171.16
Other Financing Activities	-4.4	-	0.5	-1	1
Financing Cash Flow	36.28	158.96	-177.87	-361.23	-172.42
Net Cash Flow	21.56	11.54	-35.33	-171.55	-93.8
Free Cash Flow	-23.98	-47.49	203.45	264.63	-161.87
Free Cash Flow Growth	-	-	-23.12%	-	-
Free Cash Flow Margin	-0.97%	-1.89%	7.49%	9.25%	-8.10%
Free Cash Flow Per Share	-0.20	-0.39	1.66	2.16	-1.32
Cash Interest Paid	45	40.51	34.06	27.5	22.26
Cash Income Tax Paid	56.41	54.72	103.98	55.64	31.17
Levered Free Cash Flow	-87.52	-104.02	157.52	158.49	-204.78
Unlevered Free Cash Flow	-67.06	-85.59	177.14	174.71	-194.21
Change in Working Capital	220.19	-56.21	278.93	-100.95	-173.31

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