Ekarat Engineering PCL Cash Flow Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Net Income	189.32	279.98	220.51	159.46	89.89
Depreciation & Amortization	62.4	75.13	77.65	78.04	78.69
Other Amortization	2.87	2.77	1.71	0.15	0.21
Loss (Gain) From Sale of Assets	-50.28	1.98	2.09	-1.39	-0.97
Asset Writedown & Restructuring Costs	3.74	6.29	-3.62	0.13	5.99
Provision & Write-off of Bad Debts	9.64	-1.22	4.52	0.48	2.96
Other Operating Activities	13.7	30.82	8.98	20.27	16.44
Change in Accounts Receivable	120.2	-164.81	21.58	-106.69	-24.29
Change in Inventory	117.79	-4.04	112.49	-80.68	-536.48
Change in Accounts Payable	-22.89	34.05	-67.9	-5.13	139.95
Change in Unearned Revenue	3.07	-4.43	-5.22	-9.42	52.59
Change in Other Net Operating Assets	-54.61	28.95	14.96	60.83	-11.55
Operating Cash Flow	394.95	285.48	387.74	116.05	-186.57
Operating Cash Flow Growth	38.34%	-26.37%	234.13%	-	-
Capital Expenditures	-59.32	-68.32	-106.99	-54.35	-18.9
Sale of Property, Plant & Equipment	78.08	1.02	0.68	4.99	1.51
Sale (Purchase) of Intangibles	-0.08	-1.1	-13.04	-11.2	-0.12
Other Investing Activities	1.64	4	0.56	0.5	0.2
Investing Cash Flow	20.31	-64.39	-118.79	-60.06	-17.31
Short-Term Debt Issued	-	-	9.77	-	182.87
Long-Term Debt Issued	-	-	20	-	-
Total Debt Issued	-	-	29.77	-	182.87
Short-Term Debt Repaid	-121.48	-93.48	-	-9.36	-
Long-Term Debt Repaid	-16.16	-33.35	-34.97	-34.5	-41.55
Total Debt Repaid	-137.64	-126.83	-34.97	-43.86	-41.55
Net Debt Issued (Repaid)	-137.64	-126.83	-5.2	-43.86	141.31
Issuance of Common Stock	-	0.36	-	-	128.24
Common Dividends Paid	-147.18	-95.65	-88.29	-66.21	-
Other Financing Activities	-3.44	-3.3	-3.17	16.3	-
Financing Cash Flow	-288.27	-225.41	-96.66	-93.77	269.56
Net Cash Flow	126.99	-4.33	172.29	-37.79	65.67
Free Cash Flow	335.63	217.16	280.74	61.7	-205.48
Free Cash Flow Growth	54.55%	-22.65%	355.05%	-	-
Free Cash Flow Margin	17.50%	8.45%	12.29%	2.93%	-14.53%
Free Cash Flow Per Share	0.23	0.15	0.19	0.04	-0.14
Cash Interest Paid	6.56	24.79	27.9	22.24	12.42
Cash Income Tax Paid	58.47	56.07	39.85	17.17	6.03
Levered Free Cash Flow	372.13	22.37	241.17	34.24	-220.54
Unlevered Free Cash Flow	376.25	37.7	258.87	48.32	-212.56
Change in Working Capital	163.56	-110.27	75.91	-141.1	-379.78

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.