G J Steel 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	-1,029	-1,019	-491.68	-3,136	3,178
Depreciation & Amortization	597.86	568.88	530.13	519.12	516.34
Other Amortization	-	-	-	76.98	83.03
Loss (Gain) From Sale of Assets	-0.21	-	8.09	3,645	7.21
Asset Writedown & Restructuring Costs	21.94	0.54	43.73	80.83	19.42
Other Operating Activities	-62.92	95.15	-59.32	-49.17	-112.97
Change in Accounts Receivable	-115.66	-3.3	44.99	-59.83	27.92
Change in Inventory	-904.26	68.61	276.36	515.65	-1,439
Change in Accounts Payable	253	-11.79	-112.28	-33.06	-53.46
Change in Unearned Revenue	953.2	-5.18	-5.1	7.5	-5.22
Change in Other Net Operating Assets	102.46	-80.79	85.39	47.87	-75.31
Operating Cash Flow	-183.38	-386.69	320.31	1,615	2,146
Operating Cash Flow Growth	-	-	-80.17%	-24.73%	-
Capital Expenditures	-321.62	-192.5	-317.75	-211.81	-200.94
Sale of Property, Plant & Equipment	2.85	-	0.06	13.38	12.68
Sale (Purchase) of Intangibles	-97.04	-11.42	-1.16	-1.8	-0.68
Investment in Securities	1,001	-1,001	-	-	-
Other Investing Activities	36.26	23.26	26.72	4.74	1.22
Investing Cash Flow	621.19	-1,181	-292.12	-195.5	-187.72
Long-Term Debt Repaid	-4.73	-5.04	-4.51	-4.52	-1,064
Total Debt Repaid	-4.73	-5.04	-4.51	-4.52	-1,064
Net Debt Issued (Repaid)	-4.73	-5.04	-4.51	-4.52	-1,064
Other Financing Activities	-0.5	-0.34	-0.44	-0.42	-200.89
Financing Cash Flow	-5.23	-5.38	-4.95	-4.94	-1,265
Foreign Exchange Rate Adjustments	0.1	-0.01	-0.07	-0.09	0.72
Net Cash Flow	432.68	-1,573	23.17	1,415	693.87
Free Cash Flow	-505	-579.19	2.56	1,404	1,945
Free Cash Flow Growth	-	-	-99.82%	-27.85%	-
Free Cash Flow Margin	-4.61%	-4.81%	0.02%	8.03%	10.53%
Free Cash Flow Per Share	-0.02	-0.02	-	0.06	0.08
Cash Interest Paid	-	0.34	0.44	0.42	200.89
Cash Income Tax Paid	-	-	-	100.5	-
Levered Free Cash Flow	-237.1	-194.18	-167.78	1,094	610.02
Unlevered Free Cash Flow	-236.53	-193.33	-166.71	1,096	698.59
Change in Working Capital	288.74	-32.46	289.36	478.13	-1,545

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