The Erawan Group PCL (BKK:ERW)
Thailand · Delayed Price · Currency is THB 3.740
+0.040 (1.08%)
Aug 26, 2026, 4:37 PM ICT
The Erawan Group PCL Cash Flow Statement
Financials in millions THB. Fiscal year is January - December.
Millions THB. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 877.27 | 838.09 | 1,281 | 742.66 | -224.19 | -2,050 |
Depreciation & Amortization | 1,084 | 1,037 | 983.03 | 889.7 | 858.59 | 921.99 |
Other Amortization | 11.87 | 11.87 | 14.82 | 14.01 | 16 | 17.13 |
Loss (Gain) From Sale of Assets | 4.88 | 1.7 | 6.23 | -1.22 | -21.3 | -97.96 |
Asset Writedown & Restructuring Costs | 0 | 0 | -4.21 | - | 7.6 | 104.67 |
Loss (Gain) on Equity Investments | - | - | -237.55 | -36.48 | -28.6 | -9.48 |
Stock-Based Compensation | 1.42 | 0.71 | - | - | - | - |
Provision & Write-off of Bad Debts | -0.57 | -2.05 | -0.05 | -23.48 | -12.43 | 0.16 |
Other Operating Activities | 638.02 | 675.93 | 584.11 | 589.43 | 436.68 | 435.29 |
Change in Accounts Receivable | -25.75 | -11.78 | -56.66 | 13.27 | -48.35 | -24.06 |
Change in Inventory | 11.98 | 2.36 | 6 | -5.72 | -4.2 | 6.24 |
Change in Accounts Payable | -4.96 | -10.7 | 38.32 | -7.77 | 91.28 | 0.18 |
Change in Other Net Operating Assets | -109.47 | -157.31 | 203.55 | 106.57 | 218.31 | 62.33 |
Operating Cash Flow | 2,489 | 2,386 | 2,818 | 2,281 | 1,289 | -633.72 |
Operating Cash Flow Growth | 0.50% | -15.33% | 23.56% | 76.90% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -1,772 | -1,037 | -3,012 | -2,276 | -792.01 | -595 |
Sale of Property, Plant & Equipment | 3.22 | 2.26 | 19.79 | 2.09 | 1,018 | 405.36 |
Divestitures | - | - | - | - | - | 531 |
Sale (Purchase) of Intangibles | -22.18 | -20.62 | -18.1 | -4.15 | -11.75 | -7.86 |
Investment in Securities | - | - | 273.98 | 12.47 | 13.74 | 9.73 |
Other Investing Activities | 5.41 | 7.16 | 53.73 | 9.92 | 2.52 | 3.21 |
Investing Cash Flow | -1,786 | -1,048 | -2,683 | -2,256 | 230.89 | 346.44 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Short-Term Debt Issued | - | 1,750 | 2,165 | 740 | 591 | 1,080 |
Long-Term Debt Issued | - | 318.41 | 1,950 | 1,178 | 404.2 | 472.08 |
Total Debt Issued | 12,212 | 2,068 | 4,115 | 1,918 | 995.2 | 1,552 |
Short-Term Debt Repaid | - | -775 | -2,300 | -220 | -981 | -1,800 |
Long-Term Debt Repaid | - | -1,440 | -2,287 | -1,676 | -979.11 | -1,569 |
Total Debt Repaid | -12,077 | -2,215 | -4,587 | -1,896 | -1,960 | -3,369 |
Net Debt Issued (Repaid) | 135.25 | -146.98 | -471.24 | 21.4 | -964.91 | -1,817 |
Issuance of Common Stock | - | - | 1,066 | - | - | 2,014 |
Common Dividends Paid | -342.08 | -439.82 | -317.21 | - | - | - |
Other Financing Activities | -414.59 | -399.36 | 8.03 | -357.56 | -252.47 | -318.72 |
Financing Cash Flow | -621.43 | -986.16 | 285.69 | -336.16 | -1,217 | -121.68 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -77.87 | -70.64 | -25.6 | -4.18 | -13.15 | 28.47 |
Net Cash Flow | 3.83 | 281.6 | 395.65 | -315.13 | 289.75 | -380.49 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 716.67 | 1,350 | -193.84 | 4.87 | 497.38 | -1,229 |
Free Cash Flow Growth | -50.74% | - | - | -99.02% | - | - |
Free Cash Flow Margin | 8.82% | 17.02% | -2.41% | 0.07% | 10.66% | -79.99% |
Free Cash Flow Per Share | 0.15 | 0.28 | -0.04 | 0.00 | 0.11 | -0.34 |
Levered Free Cash Flow | -50.32 | 638.92 | -1,122 | -960.55 | 1,085 | -2,039 |
Unlevered Free Cash Flow | 321 | 1,023 | -687.12 | -596.32 | 1,367 | -1,722 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 399.36 | 399.36 | 691.97 | 357.56 | 252.47 | 318.72 |
Cash Income Tax Paid | 87.07 | 75.72 | 31.8 | 6.26 | 16.65 | 11.84 |
Change in Working Capital | -128.19 | -177.44 | 191.21 | 106.35 | 257.04 | 44.69 |