Global Power Synergy PCL Cash Flow Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4,062	3,694	891.45	7,319
Depreciation & Amortization	9,618	9,502	9,068	9,194
Other Amortization	203	222	93	123
Loss (Gain) on Sale of Assets	-22.69	196.81	-1,168	749.52
Loss (Gain) on Equity Investments	-292.73	-1,049	-1,539	-1,536
Asset Writedown	9.88	326.64	338	16.82
Change in Accounts Receivable	-835.91	9,080	-6,668	-4,366
Change in Inventory	3,697	-629.48	-4,955	-628.78
Change in Accounts Payable	-1,319	-3,848	4,480	2,456
Change in Other Net Operating Assets	2,911	1,201	-33.02	-643.25
Other Operating Activities	5,174	4,890	2,846	3,424
Operating Cash Flow	23,205	23,587	3,354	16,109
Operating Cash Flow Growth	-1.62%	603.25%	-79.18%	-22.76%
Capital Expenditures	-3,761	-7,067	-5,164	-4,305
Sale of Property, Plant & Equipment	196.43	4.76	8.02	1.57
Divestitures	-	-	3,914	692.7
Sale (Purchase) of Intangibles	-40.28	-568.51	-267.19	-69.76
Investment in Securities	-218.78	-6,233	-14,802	-17,292
Other Investing Activities	992.51	-935.72	2,303	1,430
Investing Cash Flow	-2,831	-14,799	-14,008	-19,543
Short-Term Debt Issued	2,251	4,544	3,371	-
Long-Term Debt Issued	29,895	18,451	28,371	42,564
Total Debt Issued	32,146	22,995	31,741	42,564
Short-Term Debt Repaid	-2,362	-7,804	-	-
Long-Term Debt Repaid	-28,119	-18,497	-12,896	-36,471
Total Debt Repaid	-30,481	-26,302	-12,896	-36,471
Net Debt Issued (Repaid)	1,666	-3,306	18,845	6,093
Common Dividends Paid	-2,510	-1,692	-3,384	-4,230
Other Financing Activities	-7,314	-5,605	-3,860	-4,654
Financing Cash Flow	-8,158	-10,603	11,601	-2,791
Foreign Exchange Rate Adjustments	-91.69	33.72	-503.71	59.31
Miscellaneous Cash Flow Adjustments	-	-	-	-330.84
Net Cash Flow	12,125	-1,781	443.45	-6,496
Free Cash Flow	19,445	16,520	-1,810	11,804
Free Cash Flow Growth	17.70%	-	-	-23.44%
Free Cash Flow Margin	21.35%	18.07%	-1.46%	15.18%
Free Cash Flow Per Share	6.90	5.86	-0.64	4.19
Cash Interest Paid	5,525	5,192	3,839	4,037
Cash Income Tax Paid	1,197	1,050	1,402	1,635
Levered Free Cash Flow	12,932	6,526	-2,563	6,411
Unlevered Free Cash Flow	15,951	9,274	-528.23	8,329
Change in Working Capital	4,453	5,804	-7,176	-3,183

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