Bangkok Airways PCL (BKK:BA)

Bangkok Airways PCL Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	3,895	3,549	3,788	3,110	-2,110	-8,550
Depreciation & Amortization	1,660	1,580	1,536	1,775	2,431	2,342
Loss (Gain) From Sale of Assets	103.19	100.29	53.76	32.99	5.83	-1.65
Asset Writedown & Restructuring Costs	-11.37	-11.37	-	13.23	4.06	-728.83
Loss (Gain) From Sale of Investments	-	-	-70.8	-	-	-
Loss (Gain) on Equity Investments	-753.76	-705.2	-793.59	-1,262	-1,006	-1,280
Provision & Write-off of Bad Debts	4.41	-0.87	-20.71	2.73	15.36	11.62
Other Operating Activities	1,425	1,392	1,404	726.68	897.83	6,253
Change in Accounts Receivable	-116.63	-17.85	140.07	-314.65	-851.89	18.05
Change in Inventory	-21.87	-5.4	-18.15	-27.35	-24.74	36.38
Change in Accounts Payable	20.35	-209.06	29.24	315.13	593.39	-161.01
Change in Other Net Operating Assets	-109.31	243.32	470.45	1,174	1,614	-113.39
Operating Cash Flow	6,095	5,915	6,519	5,546	1,568	-2,174
Operating Cash Flow Growth	11.85%	-9.26%	17.53%	253.65%	-	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-1,093	-1,065	-1,137	-529.89	-215.3	-79.72
Sale of Property, Plant & Equipment	58.75	59.77	7.01	1,660	121.31	13.25
Sale (Purchase) of Intangibles	-10.63	-24.75	-52.32	-8.01	-5.14	-0.5
Investment in Securities	942.9	2,665	-5,307	9,266	-5,640	2,687
Other Investing Activities	1,460	1,219	1,679	1,441	985.72	3,405
Investing Cash Flow	1,358	2,854	-4,810	11,829	-4,753	6,026

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	903.58	684	830.45	-	-
Long-Term Debt Issued	-	-	-	1,000	14,860	17,240
Total Debt Issued	903.58	903.58	684	1,830	14,860	17,240
Short-Term Debt Repaid	-	-424	-836.49	-	-149.09	-188
Long-Term Debt Repaid	-	-3,030	-1,924	-6,646	-8,997	-19,919
Total Debt Repaid	-3,249	-3,454	-2,761	-6,646	-9,146	-20,107
Net Debt Issued (Repaid)	-2,345	-2,550	-2,077	-4,815	5,714	-2,867
Issuance of Common Stock	-	-	-	-	364.12	26.79
Repurchase of Common Stock	-361.51	-361.51	-	-	-	-
Common Dividends Paid	-2,501	-2,519	-2,310	-1,049	-0.01	-0.01
Other Financing Activities	-1,960	-2,014	-2,064	-2,125	-1,428	-1,067
Financing Cash Flow	-7,168	-7,445	-6,450	-7,989	4,651	-3,907

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	285.36	1,324	-4,742	9,386	1,466	-55.18

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	5,003	4,850	5,382	5,017	1,353	-2,254
Free Cash Flow Growth	5.65%	-9.87%	7.28%	270.76%	-	-
Free Cash Flow Margin	19.59%	19.02%	21.09%	23.83%	11.06%	-62.89%
Free Cash Flow Per Share	2.40	2.31	2.56	2.39	0.65	-1.09
Levered Free Cash Flow	2,682	2,781	2,923	2,550	2,057	-2,268
Unlevered Free Cash Flow	3,697	3,841	4,074	3,780	2,907	-1,525

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	1,959	2,015	2,056	2,121	1,424	1,066
Cash Income Tax Paid	660.46	677.81	566.74	-69.87	755.98	286.96
Change in Working Capital	-227.47	11.02	621.6	1,147	1,331	-219.97

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 30, 2026

Data Sources Report a data error