Global Connections PCL 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	200.81	190.7	186.29	163.37	189.13	136.04
Depreciation & Amortization	13.42	12.2	11.93	12.65	13.32	15.46
Loss (Gain) From Sale of Assets	-0.62	-1.25	-0.11	-0.44	-0.48	-2.27
Asset Writedown & Restructuring Costs	-	-	-	0	0	0.01
Provision & Write-off of Bad Debts	-	-	-	-	-	-1.2
Other Operating Activities	6.64	1.91	4.91	2.58	-2.25	8.57
Change in Accounts Receivable	85.91	-59.29	-47.45	52.31	-161.55	-111.9
Change in Inventory	-65.35	-89.05	67.77	-77.91	-193.1	-49.59
Change in Accounts Payable	-14.77	22.7	29.85	-102.07	58.69	135.82
Change in Other Net Operating Assets	43.28	-0.49	12.82	-14.45	-3.25	-6.26
Operating Cash Flow	269.32	77.44	266	36.03	-99.49	124.7
Operating Cash Flow Growth	680.03%	-70.89%	638.22%	-	-	-46.15%
Capital Expenditures	-11.48	-20.07	-1.13	-2.07	-2.07	-137.96
Sale of Property, Plant & Equipment	0.62	1.25	0.11	0.44	0.48	2.27
Investing Cash Flow	-10.86	-18.82	-1.02	-1.63	-1.59	-135.69
Short-Term Debt Issued	-	114	-	107.44	268.85	82.31
Total Debt Issued	-7.86	114	-	107.44	268.85	82.31
Short-Term Debt Repaid	-	-	-67.71	-	-	-
Long-Term Debt Repaid	-	-1.69	-1.72	-1.66	-1.03	-4.97
Total Debt Repaid	-70.37	-1.69	-69.44	-1.66	-1.03	-4.97
Net Debt Issued (Repaid)	-78.23	112.31	-69.44	105.78	267.82	77.34
Common Dividends Paid	-171.6	-158.39	-154	-138	-159.97	-92
Financing Cash Flow	-249.82	-46.08	-223.44	-32.22	107.85	-14.66
Net Cash Flow	8.63	12.54	41.55	2.19	6.77	-25.65
Free Cash Flow	257.84	57.36	264.87	33.97	-101.56	-13.27
Free Cash Flow Growth	1355.01%	-78.34%	679.80%	-	-	-
Free Cash Flow Margin	4.77%	0.97%	5.18%	0.61%	-2.03%	-0.37%
Free Cash Flow Per Share	0.59	0.13	0.60	0.08	-0.23	-0.03
Cash Interest Paid	20.94	27.59	21.14	11.92	7.72	6.76
Cash Income Tax Paid	46.84	45.38	40.9	44.07	48.59	27.44
Levered Free Cash Flow	213.66	15.06	222.9	0.38	-143.14	-43.38
Unlevered Free Cash Flow	226.73	32.29	236.18	7.93	-138.26	-39.14
Change in Working Capital	49.07	-126.12	62.99	-142.13	-299.21	-31.93

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.