Taiwan Semiconductor Manufacturing Company Limited (TSM)

TSMC Cash Flow Statement

Financials in millions TWD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	870,238	851,740	992,923	592,359	510,744	353,948
Depreciation & Amortization	580,891	532,191	437,254	422,395	331,725	286,884
Share-Based Compensation	564.06	483	302.4	7.8	6.6	2.8
Other Operating Activities	-158,660.13	-142,446.6	180,119	97,399	-19,809	-25,696.3
Operating Cash Flow	1,293,034	1,241,967	1,610,599	1,112,161	822,666	615,139
Operating Cash Flow Growth	-20.36%	-22.89%	44.82%	35.19%	33.74%	7.18%
Capital Expenditures	-827,711.55	-949,176.1	-1,081,688.8	-840,005.3	-511,325.4	-460,134.9
Acquisitions	-	3,077	2,750	11,588	2,752	1,719
Change in Investments	-54,745.08	-43,796.7	-130,057.1	3,725	1,489	-11,346.7
Other Investing Activities	88,761	83,776	18,068	-11,673.7	1,302	10,961
Investing Cash Flow	-793,695.8	-906,120.6	-1,190,928.3	-836,365.8	-505,781.7	-458,801.6
Dividends Paid	-298,209.57	-291,721.9	-285,234.2	-265,786.4	-259,303.8	-259,303.8
Share Issuance / Repurchase	-	0	-871.6	0	0	0
Debt Issued / Paid	85,937	93,259	81,594	396,448	172,333	-6,026.3
Other Financing Activities	179.41	-6,431	4,268	5,947	-1,644.3	-4,308.1
Financing Cash Flow	-212,092.79	-204,894.2	-200,244	136,609	-88,615.1	-269,638.2
Exchange Rate Effect	-	-8,338.8	58,397	-7,583.8	-23,498.1	-9,114.2
Net Cash Flow	-108,508.83	122,614	277,824	404,820	0	0
Free Cash Flow	465,322	292,791	528,910	272,155	311,341	155,004
Free Cash Flow Growth	-7.13%	-44.64%	94.34%	-12.59%	100.86%	-40.05%
Free Cash Flow Margin	20.72%	13.54%	23.36%	17.14%	23.25%	14.49%
Free Cash Flow Per Share	89.72	56.45	101.99	52.48	60.03	29.89

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).