Asia Hotel 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	-1.13	-2.18	-54.26	-111.45	-209.09
Depreciation & Amortization	274.52	256.53	258.65	263.18	270.46
Other Amortization	1.01	-	-	-	-
Loss (Gain) From Sale of Assets	1.15	-0.19	0.94	0.16	0.23
Asset Writedown & Restructuring Costs	1.79	7.68	52.25	0.3	5.6
Other Operating Activities	130.19	147.97	113.37	140.9	128.61
Change in Accounts Receivable	-1.64	8.99	15.2	-7.82	6.41
Change in Inventory	0.25	-2.71	-3.54	-0.31	0.64
Change in Accounts Payable	-0.96	6.02	7.21	13.15	-4.33
Change in Other Net Operating Assets	8.58	13.34	-30.19	9.7	-13.34
Operating Cash Flow	413.76	435.44	359.62	307.82	185.18
Operating Cash Flow Growth	-4.98%	21.08%	16.83%	66.23%	-22.80%
Capital Expenditures	-127.38	-228.12	-83.74	-27.81	-18.56
Sale of Property, Plant & Equipment	1.91	0.64	0.88	1.14	0.31
Other Investing Activities	-13.05	-6.82	-7.37	-10.46	-13.82
Investing Cash Flow	-138.51	-234.3	-90.23	-37.13	-32.07
Short-Term Debt Issued	88.51	3.4	-	-	10
Long-Term Debt Issued	480	503.96	260.94	39.61	43.38
Total Debt Issued	568.51	507.36	260.94	39.61	53.38
Short-Term Debt Repaid	-5.07	-62.89	-53.66	-12.09	-4.12
Long-Term Debt Repaid	-224.38	-491.29	-363	-129.19	-55.54
Total Debt Repaid	-229.45	-554.18	-416.66	-141.28	-59.66
Net Debt Issued (Repaid)	339.06	-46.82	-155.73	-101.67	-6.28
Common Dividends Paid	-68.48	-41.6	-	-	-
Other Financing Activities	-158.95	-161.28	-142.79	-104.78	-145.83
Financing Cash Flow	111.63	-249.7	-298.52	-206.45	-152.1
Foreign Exchange Rate Adjustments	-2.79	0.36	-13.3	3.6	5.13
Net Cash Flow	384.08	-48.2	-42.43	67.85	6.13
Free Cash Flow	286.38	207.32	275.88	280.01	166.61
Free Cash Flow Growth	38.13%	-24.85%	-1.48%	68.06%	-15.45%
Free Cash Flow Margin	20.99%	15.70%	23.21%	30.29%	27.78%
Free Cash Flow Per Share	0.90	0.65	0.86	0.88	0.52
Cash Interest Paid	154.29	155.33	142.79	104.78	140.83
Cash Income Tax Paid	21.8	-3.81	7.22	-0.29	1.8
Levered Free Cash Flow	151.06	88.57	164.86	178.85	100.07
Unlevered Free Cash Flow	239.93	175.39	258.18	272.54	175.31
Change in Working Capital	6.23	25.63	-11.32	14.72	-10.63

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