TPE:2701 Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Net Income	223.01	229.64	237.34	211.75	84.36	174.12	Upgrade
Depreciation & Amortization	2.05	2.82	3.42	3.9	6.87	8.52	Upgrade
Gain (Loss) on Sale of Investments	-1.74	-1.62	-1.37	-0.57	-0.22	-0.45	Upgrade
Income (Loss) on Equity Investments	-3.67	-13.89	-47.62	-63.59	82.56	25.38	Upgrade
Change in Accounts Receivable	22.66	10.8	9.06	7.41	5.02	3.11	Upgrade
Change in Accounts Payable	0.4	-1.77	-0.04	0.52	-1.23	0.64	Upgrade
Change in Other Net Operating Assets	-1.51	-0.9	1.53	1.39	-1.12	-0.67	Upgrade
Other Operating Activities	-103.29	-95.15	-41	-64.36	-76.96	-98.82	Upgrade
Operating Cash Flow	137.9	129.93	161.34	96.45	99.28	111.83	Upgrade
Operating Cash Flow Growth	7.33%	-19.47%	67.27%	-2.84%	-11.23%	-16.10%	Upgrade
Acquisition of Real Estate Assets	-1.38	-0.39	-0.09	-0.1	-0.01	-0.65	Upgrade
Net Sale / Acq. of Real Estate Assets	-1.38	-0.39	-0.09	-0.1	-0.01	-0.65	Upgrade
Investment in Marketable & Equity Securities	-66.57	-118.76	-12.74	-68.16	-50.1	-50.12	Upgrade
Other Investing Activities	98.42	86.93	63.8	71.84	53.19	88.63	Upgrade
Investing Cash Flow	30.46	-32.22	50.97	3.59	3.07	37.86	Upgrade
Common Dividends Paid	-129.12	-129.16	-105.39	-75.32	-108.67	-172.5	Upgrade
Other Financing Activities	7.43	-5.4	-	-	-	0.1	Upgrade
Net Cash Flow	46.25	-36.85	106.91	24.72	-6.33	-22.71	Upgrade
Cash Income Tax Paid	46.6	53.15	26.17	28.62	37.53	45.91	Upgrade
Levered Free Cash Flow	41.69	-17.21	147.56	38.54	-25.68	31.58	Upgrade
Unlevered Free Cash Flow	41.71	-17.21	147.56	38.54	-25.68	31.58	Upgrade
Change in Working Capital	21.55	8.12	10.56	9.32	2.67	3.08	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.