CSP Steel Center 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	-39.7	-106.97	-90.85	-94.94	438.27
Depreciation & Amortization	40.06	41.16	38.22	37.29	36.1
Other Amortization	-	1.36	1.42	0.78	0.15
Loss (Gain) From Sale of Assets	0	0.25	-0.22	-	0.45
Asset Writedown & Restructuring Costs	-	-0.44	0.31	6.02	0.14
Provision & Write-off of Bad Debts	-3.29	-0.73	-3.41	3.28	-2.79
Other Operating Activities	42	67.46	19.36	5.59	83.27
Change in Accounts Receivable	53.45	-19.48	38.95	82.65	-78.76
Change in Inventory	26.6	167.73	29.74	107.84	-240.58
Change in Accounts Payable	3.19	-11.43	14.06	18.48	-25.31
Change in Unearned Revenue	-0.37	0.37	-	-	-
Change in Other Net Operating Assets	-	-	0.04	0.01	-
Operating Cash Flow	121.94	139.28	47.6	167.01	210.94
Operating Cash Flow Growth	-12.45%	192.59%	-71.50%	-20.83%	-56.49%
Capital Expenditures	-3.27	-4.35	-72.13	-25.08	-8.04
Sale of Property, Plant & Equipment	-	0.19	1.95	-	0.31
Sale (Purchase) of Intangibles	-	-	-	-0.92	-1.35
Other Investing Activities	-0.16	-	-1.46	-1.19	-0.4
Investing Cash Flow	-3.43	-4.16	-71.63	-27.19	-9.47
Short-Term Debt Issued	-	100	25.45	39.25	-
Total Debt Issued	-	100	25.45	39.25	-
Short-Term Debt Repaid	-80.91	-170.48	-	-	-189.05
Long-Term Debt Repaid	-6.1	-7.01	-6.28	-6.17	-5.76
Total Debt Repaid	-87.01	-177.48	-6.28	-6.17	-194.8
Net Debt Issued (Repaid)	-87.01	-77.48	19.18	33.07	-194.8
Common Dividends Paid	-	-	-0	-99.17	-49.58
Other Financing Activities	-46.4	-55.54	-39.34	-35.75	-29.75
Financing Cash Flow	-133.41	-133.03	-20.16	-101.85	-274.13
Net Cash Flow	-14.9	2.09	-44.19	37.97	-72.66
Free Cash Flow	118.67	134.93	-24.52	141.93	202.9
Free Cash Flow Growth	-12.05%	-	-	-30.05%	-56.83%
Free Cash Flow Margin	5.34%	5.36%	-1.03%	4.51%	6.71%
Free Cash Flow Per Share	0.24	0.27	-0.05	0.29	0.41
Cash Interest Paid	-	55.54	39.34	35.75	29.75
Cash Income Tax Paid	-	1.99	0.08	65.35	28.29
Levered Free Cash Flow	83.45	117.4	-24.52	163.61	58.98
Unlevered Free Cash Flow	112.63	151.76	0.32	185.41	77.61
Change in Working Capital	82.87	137.19	82.78	208.99	-344.64

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