Seafresh Industry 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	84.93	-81.53	75.22	172.42	268.58
Depreciation & Amortization	151.88	130.35	131.72	132.72	144.46
Other Amortization	-	2.66	3.02	3.71	2.86
Loss (Gain) From Sale of Assets	-26.58	0.29	-1.81	-11.5	-6.05
Asset Writedown & Restructuring Costs	0	0.31	0.02	0.47	0.09
Provision & Write-off of Bad Debts	44.22	31.71	25.86	57.38	40.24
Other Operating Activities	140.88	249.94	185.34	14.31	46.76
Change in Accounts Receivable	19.68	-138.34	-73.47	-258.94	-97.19
Change in Inventory	-0.08	-81.24	52.85	-135.68	-141.48
Change in Accounts Payable	194.44	129.46	-26.69	152.36	-60.26
Change in Other Net Operating Assets	-48.61	-47.68	10.83	12.34	-30.52
Operating Cash Flow	560.78	195.93	382.89	139.58	167.51
Operating Cash Flow Growth	186.21%	-48.83%	174.32%	-16.67%	-61.44%
Capital Expenditures	-455.22	-133.86	-91.97	-180.96	-116.34
Sale of Property, Plant & Equipment	79.56	0.21	1.03	47.28	8.94
Sale (Purchase) of Intangibles	-0.17	-0.37	-4	-1.09	-4.47
Investment in Securities	-	-	-0	-	-
Other Investing Activities	0.17	1.55	-0.22	0.03	-0.94
Investing Cash Flow	-375.66	-132.47	-95.16	-134.74	-112.8
Short-Term Debt Issued	162.29	594.31	12	109.62	74.4
Long-Term Debt Issued	193.32	-	-	33.61	169.6
Total Debt Issued	355.61	594.31	12	143.23	244
Short-Term Debt Repaid	-233.98	-399.2	-101.55	-	-123.07
Long-Term Debt Repaid	-96.57	-63.9	-66.28	-77.87	-562.37
Total Debt Repaid	-330.55	-463.1	-167.83	-77.87	-685.44
Net Debt Issued (Repaid)	25.06	131.21	-155.83	65.36	-441.43
Issuance of Common Stock	0	-	-	-	463.55
Other Financing Activities	-133.51	-128.12	-119.69	-67.98	-72.05
Financing Cash Flow	-108.45	3.08	-275.51	-2.62	-49.93
Foreign Exchange Rate Adjustments	-14.7	0.83	10.03	-17.76	-1.08
Net Cash Flow	61.97	67.38	22.24	-15.53	3.69
Free Cash Flow	105.56	62.08	290.92	-41.38	51.17
Free Cash Flow Growth	70.05%	-78.66%	-	-	-81.05%
Free Cash Flow Margin	1.33%	0.84%	4.46%	-0.59%	0.75%
Free Cash Flow Per Share	0.11	0.07	0.31	-0.04	0.07
Cash Interest Paid	-	126.47	119.69	67.98	72.05
Cash Income Tax Paid	-	48.64	41.74	48.35	33.8
Levered Free Cash Flow	-12.39	16.91	130.95	-180.39	-169.53
Unlevered Free Cash Flow	72.67	97.35	206.89	-137.23	-125.88
Change in Working Capital	165.43	-137.8	-36.48	-229.93	-329.44

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