FN Factory Outlet 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	-64.38	-85.26	-240.88	-86.05	-62.75
Depreciation & Amortization	49.69	52.45	62.98	79.78	86.21
Other Amortization	2.49	2.53	2.48	2.53	2.75
Loss (Gain) From Sale of Assets	0.58	-0.02	-0	-0.52	0.45
Asset Writedown & Restructuring Costs	-1.71	-	22.76	-	0.2
Loss (Gain) From Sale of Investments	-34.51	-0.4	-	-0.11	-1.17
Provision & Write-off of Bad Debts	1.92	-1.33	1.46	0.51	-
Other Operating Activities	8.33	-58.4	103.77	3.91	9.14
Change in Accounts Receivable	1.53	0.69	2.52	-6.61	-5.4
Change in Inventory	-29.58	115.51	102.26	-18.34	57.89
Change in Accounts Payable	49.64	5.78	-24.81	-19.52	-3.1
Change in Other Net Operating Assets	-7.56	-3.08	2.92	-2.54	-5.61
Operating Cash Flow	-23.56	28.47	35.46	-46.97	78.6
Operating Cash Flow Growth	-	-19.71%	-	-	-52.82%
Capital Expenditures	-11.54	-9.94	-14.12	-16.82	-4.81
Sale of Property, Plant & Equipment	-	0.02	0	0.63	-
Sale (Purchase) of Intangibles	-0.26	-0.15	-0.67	-	-0.59
Investment in Securities	31.18	-93.62	-	44.77	106.56
Other Investing Activities	3.11	2.77	0.54	-6.33	-4.4
Investing Cash Flow	22.49	-100.92	-14.25	22.25	96.76
Short-Term Debt Issued	31	-	-	-	-
Total Debt Issued	31	-	-	-	-
Long-Term Debt Repaid	-12.21	-15.85	-34.15	-55.47	-55.57
Total Debt Repaid	-12.21	-15.85	-34.15	-55.47	-55.57
Net Debt Issued (Repaid)	18.78	-15.85	-34.15	-55.47	-55.57
Common Dividends Paid	-	-0	-	-3.7	-3.64
Other Financing Activities	-0.49	-	-0.13	-1.11	-2.15
Financing Cash Flow	18.29	-15.85	-34.28	-60.28	-61.36
Net Cash Flow	17.22	-88.29	-13.07	-85	114
Free Cash Flow	-35.11	18.53	21.33	-63.8	73.79
Free Cash Flow Growth	-	-13.13%	-	-	-47.93%
Free Cash Flow Margin	-7.01%	4.20%	4.42%	-12.70%	13.60%
Free Cash Flow Per Share	-0.04	0.02	0.02	-0.06	0.07
Cash Interest Paid	0.49	-	0.13	1.11	2.15
Cash Income Tax Paid	-2.38	0.65	0.85	-0.22	0.71
Levered Free Cash Flow	-8.67	38.74	104.62	10.73	57.67
Unlevered Free Cash Flow	-5.38	42.27	108.45	15.22	62.67
Change in Working Capital	14.03	118.9	82.89	-47.02	43.77

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