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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	229.59	195.4	190.7	186.29	163.37	189.13
Depreciation & Amortization	12.85	12.99	12.2	11.93	12.65	13.32
Loss (Gain) From Sale of Assets	-0.22	-0.06	-1.25	-0.11	-0.44	-0.48
Asset Writedown & Restructuring Costs	-	-	-	-	0	0
Other Operating Activities	15.05	7.48	1.91	4.91	2.58	-2.25
Change in Accounts Receivable	49.39	202.88	-59.29	-47.45	52.31	-161.55
Change in Inventory	-119.06	-48.15	-89.05	67.77	-77.91	-193.1
Change in Accounts Payable	131.18	-34.48	22.7	29.85	-102.07	58.69
Change in Other Net Operating Assets	1.4	-8.18	-0.49	12.82	-14.45	-3.25
Operating Cash Flow	320.17	327.89	77.44	266	36.03	-99.49
Operating Cash Flow Growth	27.99%	323.44%	-70.89%	638.22%	-	-
Capital Expenditures	-7.57	-4.85	-20.07	-1.13	-2.07	-2.07
Sale of Property, Plant & Equipment	0.22	0.06	1.25	0.11	0.44	0.48
Sale (Purchase) of Intangibles	-7.99	-7.1	-	-	-	-
Investing Cash Flow	-15.34	-11.89	-18.82	-1.02	-1.63	-1.59
Short-Term Debt Issued	-	-	114	-	107.44	268.85
Total Debt Issued	-	-	114	-	107.44	268.85
Short-Term Debt Repaid	-	-204.21	-	-67.71	-	-
Long-Term Debt Repaid	-	-1.35	-1.69	-1.72	-1.66	-1.03
Total Debt Repaid	-122.5	-205.56	-1.69	-69.44	-1.66	-1.03
Net Debt Issued (Repaid)	-122.5	-205.56	112.31	-69.44	105.78	267.82
Common Dividends Paid	-171.6	-171.6	-158.39	-154	-138	-159.97
Financing Cash Flow	-294.09	-377.15	-46.08	-223.44	-32.22	107.85
Net Cash Flow	10.74	-61.15	12.54	41.55	2.19	6.77
Free Cash Flow	312.6	323.04	57.36	264.87	33.97	-101.56
Free Cash Flow Growth	35.00%	463.13%	-78.34%	679.80%	-	-
Free Cash Flow Margin	6.10%	6.22%	0.97%	5.18%	0.61%	-2.03%
Free Cash Flow Per Share	0.70	0.73	0.13	0.60	0.08	-0.23
Cash Interest Paid	18	18	27.59	21.14	11.92	7.72
Cash Income Tax Paid	46.84	46.84	45.38	40.9	44.07	48.59
Levered Free Cash Flow	253.66	272.92	15.06	222.9	0.38	-143.14
Unlevered Free Cash Flow	263.04	284.14	32.29	236.18	7.93	-138.26
Change in Working Capital	62.91	112.08	-126.12	62.99	-142.13	-299.21

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