BKK:FTI 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	40.2	36.58	44.11	36.03	36.39
Depreciation & Amortization	22.75	25.24	18.98	16.68	17.7
Other Amortization	-	5.46	3.83	2.14	1.15
Loss (Gain) From Sale of Assets	-0.06	0	0.07	-0.23	0.75
Provision & Write-off of Bad Debts	0.41	0.32	0.01	-0.01	-0.05
Other Operating Activities	6	11.61	7.53	0.68	6.5
Change in Accounts Receivable	35.55	-20.17	-7.91	-8.66	-7.7
Change in Inventory	37.58	77.7	-147.18	-43.56	8.36
Change in Accounts Payable	10.93	-26.49	16.05	-1.13	13.26
Change in Other Net Operating Assets	0.38	3.14	1.71	1.19	-0.84
Operating Cash Flow	153.74	113.39	-62.8	3.12	75.53
Operating Cash Flow Growth	35.59%	-	-	-95.87%	-54.78%
Capital Expenditures	-1.58	-8.39	-210.98	-49.72	-45.88
Sale of Property, Plant & Equipment	0.04	0.02	0.01	0.26	0.28
Sale (Purchase) of Intangibles	-0.65	-0.08	-0.13	-0.31	-1.4
Other Investing Activities	0.53	0.63	0.94	0.26	0.09
Investing Cash Flow	-1.73	-7.82	-210.3	-49.65	-46.72
Short-Term Debt Issued	-	-	165.67	-	-
Long-Term Debt Issued	-	90	-	-	18.53
Total Debt Issued	-	90	165.67	-	18.53
Short-Term Debt Repaid	-111.6	-64.7	-	-35.7	-12.24
Long-Term Debt Repaid	-0.66	-90.97	-0.96	-10.37	-9.44
Total Debt Repaid	-112.26	-155.67	-0.96	-46.07	-21.68
Net Debt Issued (Repaid)	-112.26	-65.67	164.71	-46.07	-3.15
Issuance of Common Stock	-	-	-	312.37	95
Common Dividends Paid	-36	-31.5	-40.49	-	-136.04
Other Financing Activities	-2.76	-4.85	-0.89	-2.36	-2.86
Financing Cash Flow	-151.02	-102.02	123.32	263.93	-47.05
Miscellaneous Cash Flow Adjustments	-	0	-	-	-
Net Cash Flow	0.99	3.55	-149.78	217.4	-18.24
Free Cash Flow	152.17	105	-273.79	-46.6	29.65
Free Cash Flow Growth	44.92%	-	-	-	-81.36%
Free Cash Flow Margin	19.95%	13.04%	-35.16%	-6.69%	4.13%
Free Cash Flow Per Share	0.34	0.23	-0.61	-0.12	0.13
Cash Interest Paid	-	7.44	4.33	2.36	2.86
Cash Income Tax Paid	-	9.8	9.76	9.69	14.85
Levered Free Cash Flow	139.63	85.8	-289.42	-61.66	-14.18
Unlevered Free Cash Flow	141.35	90.43	-286.69	-60.19	-12.41
Change in Working Capital	84.45	34.17	-137.33	-52.17	13.08

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