TPE:2701 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	2020 - 2016
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	2020 - 2016
Net Income	251.39	229.64	237.34	211.75	84.36	Upgrade
Depreciation & Amortization	1.89	2.82	3.42	3.9	6.87	Upgrade
Gain (Loss) on Sale of Investments	-1.74	-1.62	-1.37	-0.57	-0.22	Upgrade
Income (Loss) on Equity Investments	-31.29	-13.89	-47.62	-63.59	82.56	Upgrade
Change in Accounts Receivable	11.73	10.8	9.06	7.41	5.02	Upgrade
Change in Accounts Payable	1.03	-1.77	-0.04	0.52	-1.23	Upgrade
Change in Other Net Operating Assets	-1.52	-0.9	1.53	1.39	-1.12	Upgrade
Other Operating Activities	-98.14	-95.15	-41	-64.36	-76.96	Upgrade
Operating Cash Flow	133.34	129.93	161.34	96.45	99.28	Upgrade
Operating Cash Flow Growth	2.63%	-19.47%	67.27%	-2.84%	-11.23%	Upgrade
Acquisition of Real Estate Assets	-1.38	-0.39	-0.09	-0.1	-0.01	Upgrade
Net Sale / Acq. of Real Estate Assets	-1.38	-0.39	-0.09	-0.1	-0.01	Upgrade
Investment in Marketable & Equity Securities	-110.87	-118.76	-12.74	-68.16	-50.1	Upgrade
Other Investing Activities	98.71	86.93	63.8	71.84	53.19	Upgrade
Investing Cash Flow	-13.55	-32.22	50.97	3.59	3.07	Upgrade
Long-Term Debt Repaid	-0.6	-	-	-	-	Upgrade
Net Debt Issued (Repaid)	-0.6	-	-	-	-	Upgrade
Common Dividends Paid	-131.16	-129.16	-105.39	-75.32	-108.67	Upgrade
Other Financing Activities	0.83	-5.4	-	-	-	Upgrade
Net Cash Flow	-11.14	-36.85	106.91	24.72	-6.33	Upgrade
Cash Interest Paid	0.03	-	-	-	-	Upgrade
Cash Income Tax Paid	46.64	53.15	26.17	28.62	37.53	Upgrade
Levered Free Cash Flow	4.82	-17.21	147.56	38.54	-25.68	Upgrade
Unlevered Free Cash Flow	4.84	-17.21	147.56	38.54	-25.68	Upgrade
Change in Working Capital	11.23	8.12	10.56	9.32	2.67	Upgrade

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