BKK:GAHREIT Cash Flow Statement

Financials in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	83.04	134.39	152.7	115.16	108.53	106.78
Other Amortization	-	-	-	-	-	0.27
Gain (Loss) on Sale of Investments	36.27	-14.64	-33.26	4.77	11.44	13.06
Change in Accounts Receivable	-0.38	-0.33	-7.53	-7.82	-7.82	-14.33
Change in Other Net Operating Assets	-2.98	0.03	-1.25	1.5	0.11	-0.01
Other Operating Activities	-62.23	-8.27	-8.17	-6.58	-6.81	0.25
Operating Cash Flow	53.71	111.19	102.49	107.03	105.46	106.02
Operating Cash Flow Growth	-51.94%	8.48%	-4.24%	1.49%	-0.53%	1.90%
Common Dividends Paid	-56.16	-110.57	-105.3	-105.3	-105.3	-105.3
Net Cash Flow	-2.45	0.62	-2.81	1.73	0.16	0.72
Levered Free Cash Flow	105.16	75.25	33.18	66.07	102.9	61.18
Unlevered Free Cash Flow	105.16	75.25	33.18	66.07	102.9	61.18
Change in Working Capital	-3.37	-0.3	-8.77	-6.32	-7.71	-14.34

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