Asian Palm Oil 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	171.66	107.06	12.99	28.25	12.33
Depreciation & Amortization	26.32	22.21	19.06	12.13	13.76
Loss (Gain) From Sale of Assets	-0.5	-1.09	-0.51	-3.52	0.34
Asset Writedown & Restructuring Costs	-1.18	4.19	0.24	3.46	-
Other Operating Activities	-3.14	8.49	1.62	7.96	1.87
Change in Accounts Receivable	-15.44	19.44	4.68	-58.64	-18.13
Change in Inventory	-32.43	-40.61	-9.88	-4.66	-24.78
Change in Accounts Payable	4.88	-2.67	-17.67	16.07	6.62
Change in Other Net Operating Assets	-0.75	-4.44	-1.06	1.61	-
Operating Cash Flow	149.41	112.59	9.46	2.66	-7.99
Operating Cash Flow Growth	32.70%	1089.52%	255.72%	-	-
Capital Expenditures	-98.16	-25.25	-36.43	-55.12	-5.38
Sale of Property, Plant & Equipment	0.5	1.41	0.8	1.62	0.05
Sale (Purchase) of Intangibles	-0.31	-0.3	-0.11	-1.05	-
Other Investing Activities	0.55	0.98	-1.3	0.14	0.09
Investing Cash Flow	-97.42	-23.17	-37.04	-54.41	-5.24
Short-Term Debt Issued	30	19.65	-	275	-
Long-Term Debt Issued	-	0.2	2.5	32.7	-
Total Debt Issued	30	19.85	2.5	307.7	-
Short-Term Debt Repaid	-80	-19.65	-	-225	-0.17
Long-Term Debt Repaid	-10.1	-15.19	-14.95	-5.97	-0.8
Total Debt Repaid	-90.1	-34.84	-14.95	-230.97	-0.97
Net Debt Issued (Repaid)	-60.1	-14.99	-12.45	76.73	-0.97
Issuance of Common Stock	-	92.23	-	36	-
Common Dividends Paid	-71.4	-50.99	-	-100.8	-
Other Financing Activities	-0.64	-1.11	-1.06	-3.15	-2.05
Financing Cash Flow	-132.14	25.13	-13.51	8.78	-3.02
Net Cash Flow	-80.15	114.55	-41.09	-42.97	-16.24
Free Cash Flow	51.25	87.33	-26.96	-52.46	-13.37
Free Cash Flow Growth	-41.31%	-	-	-	-
Free Cash Flow Margin	2.40%	4.86%	-1.76%	-2.51%	-1.26%
Free Cash Flow Per Share	0.15	0.28	-0.11	-0.25	-0.08
Cash Interest Paid	-	1.11	1.06	3.09	0.45
Cash Income Tax Paid	-	18.64	0.1	0	-
Levered Free Cash Flow	10.48	67.09	-37.34	-72.12	-25.79
Unlevered Free Cash Flow	11.24	68.01	-36.28	-69.96	-25.52
Change in Working Capital	-43.75	-28.28	-23.94	-45.62	-36.29

Source: S&P Global Market Intelligence. Standard template. Financial Sources.