ARIP 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	11.25	8.3	12.62	12.1	5.2	3.56
Depreciation & Amortization	7.02	5.92	4.15	3.23	2.42	2.95
Other Amortization	3.6	3.6	5.52	5.18	4.07	0.85
Loss (Gain) From Sale of Assets	-1.04	-0.01	-0.02	-0.01	-0.01	-0.02
Asset Writedown & Restructuring Costs	0	0	0	0	-	0
Provision & Write-off of Bad Debts	-0.7	-0.19	0.65	-0.03	-0.61	-0.18
Other Operating Activities	-3.09	-1.67	-1.11	0.86	14.25	-0.45
Change in Accounts Receivable	33.61	5.14	-0.81	0.78	12.86	-19.28
Change in Inventory	-0.03	-0.17	0.09	0.16	0.35	0.06
Change in Accounts Payable	1.23	-1.38	5.27	-3.51	1.44	10.25
Change in Unearned Revenue	5.79	0.88	-1.14	1.71	-	-
Change in Other Net Operating Assets	-4.91	-4.7	-2.11	13	-13	15.94
Operating Cash Flow	52.72	15.72	23.11	33.49	26.96	13.69
Operating Cash Flow Growth	6914.27%	-31.96%	-31.00%	24.22%	96.92%	-
Capital Expenditures	-3.17	-3.28	-5.9	-4.66	-1.57	-0.71
Sale of Property, Plant & Equipment	1.04	0.01	0.02	0.01	0.02	0.02
Sale (Purchase) of Intangibles	-9.48	-9.77	-1.4	-1.29	-8.56	-3.22
Investment in Securities	11.92	-11.41	9.99	-27.67	-60.02	-0.05
Other Investing Activities	0.84	2.21	1.16	0.75	0.37	0.36
Investing Cash Flow	1.15	-22.24	3.87	-32.87	-69.77	-3.6
Long-Term Debt Repaid	-	-0.08	-0.07	-0.36	-0.4	-0.38
Net Debt Issued (Repaid)	-0.29	-0.08	-0.07	-0.36	-0.4	-0.38
Common Dividends Paid	-7.88	-10.02	-10.02	-	-	-
Other Financing Activities	-0.15	-0.04	-0.06	-0.06	-0.03	-0.06
Financing Cash Flow	-8.32	-10.15	-10.15	-0.43	-0.43	-0.43
Net Cash Flow	45.55	-16.66	16.84	0.19	-43.23	9.66
Free Cash Flow	49.55	12.44	17.21	28.83	25.39	12.98
Free Cash Flow Growth	-	-27.73%	-40.30%	13.54%	95.63%	-
Free Cash Flow Margin	19.25%	5.75%	6.97%	12.73%	15.00%	5.77%
Free Cash Flow Per Share	0.11	0.03	0.04	0.06	0.05	0.03
Cash Interest Paid	0.15	0.04	0.06	0.06	0.03	0.06
Cash Income Tax Paid	6.2	4.78	5.08	4.34	3	2.37
Levered Free Cash Flow	40.86	1.54	14.34	22.32	11.16	2.29
Unlevered Free Cash Flow	41.01	1.59	14.41	22.39	11.19	2.4
Change in Working Capital	35.68	-0.23	1.3	12.15	1.65	6.98

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