D.T.C. Enterprise 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	98.73	114.77	99.83	52.06	78.45
Depreciation & Amortization	88.42	82.49	74.17	74.45	69.67
Other Amortization	1.45	1.61	1.52	1.7	1.78
Loss (Gain) From Sale of Assets	-3.23	-3.64	-0.19	-0.01	0.49
Asset Writedown & Restructuring Costs	0.07	0	0	0.46	0.42
Loss (Gain) From Sale of Investments	-3.57	-2.1	-0.59	-	-
Provision & Write-off of Bad Debts	14.44	23.24	7.37	2.65	-10.52
Other Operating Activities	9.09	13.28	7.1	-0.82	12.9
Change in Accounts Receivable	-61.48	-39.87	-75.57	8.97	41.34
Change in Inventory	-68.77	-41.5	-79.25	-60.73	-75.71
Change in Accounts Payable	13.95	-0.95	-12.38	8.61	0.45
Change in Unearned Revenue	-3.62	-1.45	-13.83	15.44	-
Change in Other Net Operating Assets	-0.15	-7.11	20.08	-36.18	14.99
Operating Cash Flow	85.32	138.79	28.27	66.61	134.26
Operating Cash Flow Growth	-38.52%	390.97%	-57.56%	-50.39%	-28.32%
Capital Expenditures	-21.42	-20.98	-24.23	-26.33	-16.03
Sale of Property, Plant & Equipment	4.84	0.66	1.57	0.01	-
Sale (Purchase) of Intangibles	-2.03	-7.06	-4.05	-2.14	-0.24
Investment in Securities	-77.74	408.85	-681.11	-	50.96
Other Investing Activities	7.91	-28.03	-3.83	-5.22	1.75
Investing Cash Flow	-88.45	353.44	-711.65	-33.68	36.45
Short-Term Debt Repaid	-	-	-	-	-3.02
Long-Term Debt Repaid	-11.65	-12.69	-9.96	-10.4	-10.67
Total Debt Repaid	-11.65	-12.69	-9.96	-10.4	-13.68
Net Debt Issued (Repaid)	-11.65	-12.69	-9.96	-10.4	-13.68
Issuance of Common Stock	-	-	-	872.3	225
Common Dividends Paid	-78.92	-53.58	-2.67	-40	-520
Other Financing Activities	-0.6	-0.67	-0.8	-18.99	-6.25
Financing Cash Flow	-91.17	-66.94	-13.43	802.91	-314.93
Net Cash Flow	-94.29	425.28	-696.81	835.84	-144.22
Free Cash Flow	63.9	117.81	4.04	40.28	118.23
Free Cash Flow Growth	-45.76%	2815.97%	-89.97%	-65.94%	-33.08%
Free Cash Flow Margin	9.17%	16.52%	0.57%	6.33%	20.19%
Free Cash Flow Per Share	0.05	0.09	0.00	0.04	0.19
Cash Interest Paid	4.03	4.16	4.31	4.77	5.02
Cash Income Tax Paid	14.41	6.42	25.57	12.92	24.14
Levered Free Cash Flow	96.46	148.96	50.87	85.58	158.41
Unlevered Free Cash Flow	98.99	151.55	53.56	88.56	161.54
Change in Working Capital	-120.07	-90.87	-160.94	-63.89	-18.94

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