Reliance Securities 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	162.24	78.87	295.81	-180.67	306.2	Upgrade
Depreciation & Amortization, Total	19.62	20.4	19.84	20.29	18.94	Upgrade
Change in Accounts Receivable	-229.84	303.19	-307.09	397.55	122.7	Upgrade
Change in Accounts Payable	226.84	-292.97	303.02	-389.6	-150.35	Upgrade
Change in Other Net Operating Assets	17.61	-6.05	26.5	-51.97	0.03	Upgrade
Other Operating Activities	7.99	-15.76	16.21	-7.15	7.53	Upgrade
Operating Cash Flow	23.41	-1.62	-3.4	19.83	44.36	Upgrade
Capital Expenditures	-12.22	-6.34	-12.11	-5.2	-16.87	Upgrade
Sale (Purchase) of Intangibles	-2.86	-2.45	-4.92	-6.73	-4.56	Upgrade
Other Investing Activities	1.84	0.49	4.25	2.17	8.55	Upgrade
Investing Cash Flow	-13.23	-7.81	-12.77	-9.77	-12.88	Upgrade
Short-Term Debt Issued	18,528	20,414	15,869	15,781	18,330	Upgrade
Total Debt Issued	18,528	20,414	15,869	15,781	18,330	Upgrade
Short-Term Debt Repaid	-18,528	-20,414	-15,869	-15,831	-18,290	Upgrade
Long-Term Debt Repaid	-7.76	-7.74	-7.59	-8.3	-8.41	Upgrade
Total Debt Repaid	-18,536	-20,421	-15,876	-15,839	-18,298	Upgrade
Net Debt Issued (Repaid)	-7.76	-7.74	-7.59	-58.3	31.59	Upgrade
Financing Cash Flow	-7.76	-7.74	-7.59	-58.3	31.59	Upgrade
Net Cash Flow	2.42	-17.17	-23.76	-48.24	63.07	Upgrade
Free Cash Flow	11.2	-7.97	-15.5	14.63	27.49	Upgrade
Free Cash Flow Growth	-	-	-	-46.79%	-	Upgrade
Free Cash Flow Margin	2.90%	-2.92%	-2.91%	-	4.76%	Upgrade
Free Cash Flow Per Share	0.07	-0.05	-0.10	0.09	0.17	Upgrade
Cash Interest Paid	0.52	0.64	0.5	0.3	1.64	Upgrade
Cash Income Tax Paid	0.79	18.92	0.24	7.53	-0.08	Upgrade

Source: S&P Capital IQ. Capital Markets template. Financial Sources.