Thai Ha 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	-58.97	-57.41	-80.54	-28.14	-69.01	-23.59
Depreciation & Amortization	20.86	21.06	24.87	21.78	29.26	17.94
Other Amortization	3.43	3.43	-	-	-	4.12
Loss (Gain) From Sale of Assets	-0	-0	-0.02	0.01	1.13	-0.51
Provision & Write-off of Bad Debts	1.86	3.26	2.3	-1.72	1.61	4.71
Other Operating Activities	0.66	0.23	-2.25	-23.45	-2.75	-3.11
Change in Accounts Receivable	24.75	-0.88	63.18	77	-101.02	27.08
Change in Inventory	17.01	17.02	16.81	-31.31	66.1	11.47
Change in Accounts Payable	-12.07	-5.67	-53.84	3.4	33.59	-2.17
Change in Other Net Operating Assets	2.45	2	3.18	-0.01	2.2	-1.09
Operating Cash Flow	-0.04	-16.96	-26.31	17.55	-38.88	34.85
Operating Cash Flow Growth	-	-	-	-	-	-71.03%
Capital Expenditures	-3.26	-5.92	-29.8	-11.28	-59.39	-28.14
Sale of Property, Plant & Equipment	0	0	0.07	-	17.5	0.58
Sale (Purchase) of Intangibles	-0.08	-	-0.51	-2.12	-3.5	-26.44
Investing Cash Flow	-3.33	-5.92	-30.25	-13.41	-45.39	-54
Short-Term Debt Issued	-	17.92	62.42	-	82.02	7
Total Debt Issued	51.67	17.92	62.42	-	82.02	7
Short-Term Debt Repaid	-	-	-	-87.14	-	-
Long-Term Debt Repaid	-	-	-	-	-3.9	-3.9
Total Debt Repaid	-34.17	-	-	-87.14	-3.9	-3.9
Net Debt Issued (Repaid)	17.49	17.92	62.42	-87.14	78.12	3.1
Issuance of Common Stock	-	-	-	69.59	-	-
Common Dividends Paid	-3.67	-3.69	-3.67	-	-	-
Other Financing Activities	-	-	-	-0.92	-	-
Financing Cash Flow	13.82	14.24	58.75	-18.47	78.12	3.1
Foreign Exchange Rate Adjustments	0.48	0	-0.22	0.3	0.95	-0
Net Cash Flow	10.93	-8.64	1.97	-14.02	-5.2	-16.05
Free Cash Flow	-3.3	-22.88	-56.11	6.27	-98.27	6.7
Free Cash Flow Growth	-	-	-	-	-	-91.20%
Free Cash Flow Margin	-1.03%	-6.05%	-11.61%	1.32%	-18.28%	1.08%
Free Cash Flow Per Share	-0.01	-0.08	-0.20	0.02	-0.35	0.02
Cash Interest Paid	14.84	14.16	11.86	8.42	4.33	4.12
Cash Income Tax Paid	-	-0.38	0.07	0.43	0.03	-0.15
Levered Free Cash Flow	19.12	-2.8	-15.44	22.98	-76.93	-8.12
Unlevered Free Cash Flow	29.3	6.8	-7.65	27.75	-74.18	-5.54
Change in Working Capital	32.13	12.47	29.33	49.08	0.88	35.29

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