AIRA Factoring PCL Cash Flow Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
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
Net Income	8.99	16.74	6.82	45.26	49.52	42.71
Depreciation & Amortization	9.74	9.29	9.12	6.1	6.34	5.86
Other Amortization	1.41	1.41	2.24	2.48	2.32	2.1
Loss (Gain) From Sale of Assets	-	-	-0.02	-0.81	-1	2.12
Asset Writedown & Restructuring Costs	-	-	-	0	-	-0.02
Provision & Write-off of Bad Debts	42.25	33.39	53.11	19.35	-1.88	7.7
Other Operating Activities	-7.12	-5.91	-9.25	-2.79	7.2	-4.73
Change in Accounts Receivable	-59.32	107.59	46.77	-180.52	-77.04	558.41
Change in Accounts Payable	-0.53	3.26	2.72	1.11	-0.21	-1.39
Change in Other Net Operating Assets	-9.77	-15.68	-171.89	55.67	-5.3	-223.95
Operating Cash Flow	-14.35	150.08	-60.37	-54.14	-20.06	388.82
Operating Cash Flow Growth	-	-	-	-	-	2033.91%
Capital Expenditures	-0.36	-0.25	-6.21	-0.61	-0.43	-0.2
Sale of Property, Plant & Equipment	-	-	0.02	0.81	0.4	2.15
Sale (Purchase) of Intangibles	-2.34	-0.5	-1.65	-1.24	-0.64	-6.47
Investing Cash Flow	-2.69	-0.76	-7.84	-1.04	-0.67	-4.52
Short-Term Debt Issued	-	-	155	42	175	-
Long-Term Debt Issued	-	26.83	-	-	12	-
Total Debt Issued	30.58	26.83	155	42	187	-
Short-Term Debt Repaid	-	-130	-	-	-50	-329
Long-Term Debt Repaid	-	-7.34	-6.84	-17.66	-5.2	-3.92
Total Debt Repaid	-47.62	-137.34	-6.84	-17.66	-55.2	-332.92
Net Debt Issued (Repaid)	-17.03	-110.51	148.16	24.34	131.8	-332.92
Common Dividends Paid	-32	-32	-51.2	-	-73.6	-40
Financing Cash Flow	-49.03	-142.51	96.96	24.34	58.2	-372.92
Net Cash Flow	-66.07	6.81	28.75	-30.84	37.47	11.38
Free Cash Flow	-14.7	149.82	-66.59	-54.75	-20.49	388.61
Free Cash Flow Growth	-	-	-	-	-	2179.21%
Free Cash Flow Margin	-5.91%	58.71%	-27.61%	-24.17%	-10.36%	185.12%
Free Cash Flow Per Share	-0.01	0.09	-0.04	-0.03	-0.01	0.24
Cash Interest Paid	76.26	80.99	63.05	42.38	34.15	42.62
Cash Income Tax Paid	9.18	12.27	13.81	11.66	11.25	12.78
Levered Free Cash Flow	-51.61	224.87	-104.41	-25.2	-89.37	439.58
Unlevered Free Cash Flow	-4.12	276.18	-64.75	1.4	-67.64	465.86
Change in Working Capital	-69.61	95.17	-122.39	-123.74	-82.55	333.06

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.