v3.26.1
Short-Term Borrowings
12 Months Ended
Dec. 31, 2025
Short-Term Borrowings  
Short-Term Borrowings

Note 16.  Short-Term Borrowings

  ​ ​ ​

December 31, 

  ​ ​ ​

December 31, 

 

2024

2025

 

(in thousands)

 

Unsecured borrowings

$

 

140

Secured borrowings

$

503,700

 

568,200

Unused credit lines

$

258,917

 

258,623

Interest rate

 

0.3%~0.35

%

0.3%~2.22

%

As of December 31, 2024 and 2025, cash and time deposits totaling $503,700 thousand and $568,200 thousand are pledged as collateral, respectively.

As of December 31, 2025, unused credit lines will expire between January 2026 and October 2026. Among the unused credit lines, $110,729 thousand will expire before the end of March 2026, and $163,300 thousand belonging to the parent company, Himax Technologies, Inc., needs to be secured with equal amount of cash and time deposits when borrowing money from banks.

The reconciliation of borrowings to cash flows arising from financing activities was as follows:

  ​ ​ ​

Unsecured

  ​ ​ ​

Secured

borrowings

borrowings

(in thousands)

January 1, 2024

$

453,000

Change from financing activities:

Proceeds from borrowings

1,780,300

Repayments of borrowings

(1,729,600)

Total changes from financing activities

50,700

December 31, 2024

503,700

Change from financing activities:

Acquisitions through business combinations

325

Proceeds from borrowings

946

2,200,560

Repayments of borrowings

(1,125)

(2,136,060)

Effect of exchange rate changes

(6)

Total changes from financing activities

140

64,500

December 31, 2025

$

140

 

568,200