Company: FSTWF
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044386
Chunk: 164

Company: FST Corp.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 16
Chunk 164
---
      -                ( 2,167,611      ( 2,167,611  
  Cash dividend distribution                         -                 -                 -               ( 2,715,297      -                ( 2,715,297      ( 2,715,297  
  Remeasurement of defined benefit obligations       -                 -                 -                  ( 19,552      -                   ( 19,552         ( 19,552  
  Foreign currency translation adjustment            -                 -                 -                         -      ( 26,625            ( 26,625         ( 26,625  
  Balance as of December 31, 2023 (As Restated)      54,554,395        17,951,198        4,443,095         6,310,293      ( 1,212,173       27,492,413       27,492,413  
  Net loss                                           -                 -                 -               ( 3,235,175      -                ( 3,235,175      ( 3,235,175  
  Remeasurement of defined benefit obligations       -                 -                 -                         -      1,591                  1,591            1,591  
  FST Restructuring                                  ( 16,805,014      ( 17,947,423      17,803,874         ( 20,768      -                  ( 164,317                -  
  Foreign currency translation adjustment            -                 -                 -                         -      ( 1,260,555      ( 1,260,555      ( 1,260,555  
  Balance as of December 31, 2024                    37,749,381        3,775             22,246,969        3,054,350      ( 2,471,137       22,833,957       22,998,274  

The accompanying notes are an integral part of
these consolidated financial statements.

F-6

FST Corp.
CONSOLIDATED STATEMENTS OF CASH FLOWS

(In U. S. dollars)

                                                                                     For the Years Ended                                                         
                                                                                     December 31,                                                                
                                                                                     2024                                       2023                             
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                                                                                (As Restated)                    
  CASH FLOWS FROM OPERATING ACTIVITIES