BKK:KDH 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	152.25	140.64	105.59	81.04	37.74
Depreciation & Amortization	45.63	39.4	40.52	44.58	73.13
Other Amortization	1.93	1.26	0.4	1.05	1.15
Loss (Gain) From Sale of Assets	0.03	-0.07	-0.01	-0.07	-0.08
Asset Writedown & Restructuring Costs	0	-	-	-	-
Provision & Write-off of Bad Debts	0.98	2.11	2.48	1.6	1.91
Other Operating Activities	1.96	3.45	0.52	14.94	15.66
Change in Accounts Receivable	12.46	-26.95	-22.32	-7.08	7.13
Change in Inventory	-0.51	-0.34	2.22	-2.88	-0.74
Change in Accounts Payable	-0.22	3.97	-3.35	16.27	9.48
Change in Other Net Operating Assets	-0.62	14.93	-14.85	29.21	-1.1
Operating Cash Flow	213.89	178.39	111.2	178.67	144.28
Operating Cash Flow Growth	19.90%	60.43%	-37.76%	23.84%	246.93%
Capital Expenditures	-78.81	-35.57	-23.06	-16.39	-7.75
Sale of Property, Plant & Equipment	0.06	0.07	0.01	0.08	0.11
Sale (Purchase) of Intangibles	-	-11.17	-7.73	-0.16	-
Investment in Securities	-97	-100	-70	-167.82	-114
Investing Cash Flow	-175.74	-146.67	-100.78	-184.29	-121.64
Long-Term Debt Repaid	-4.93	-4.03	-4	-4.52	-0.55
Total Debt Repaid	-4.93	-4.03	-4	-4.52	-0.55
Net Debt Issued (Repaid)	-4.93	-4.03	-4	-4.52	-0.55
Common Dividends Paid	-48.46	-38.16	-14.27	-	-
Financing Cash Flow	-53.39	-42.19	-18.26	-4.52	-0.55
Net Cash Flow	-15.24	-10.47	-7.84	-10.15	22.09
Free Cash Flow	135.09	142.82	88.14	162.28	136.53
Free Cash Flow Growth	-5.42%	62.04%	-45.69%	18.86%	367.53%
Free Cash Flow Margin	11.76%	13.83%	7.40%	15.05%	17.95%
Free Cash Flow Per Share	6.97	7.37	4.55	8.37	7.04
Cash Interest Paid	-	-	-	-	0
Cash Income Tax Paid	40.54	33.3	27.69	15.85	0.87
Levered Free Cash Flow	92.75	106.7	53.14	145.38	109.45
Unlevered Free Cash Flow	93.02	107.09	53.66	146	109.64
Change in Working Capital	11.11	-8.39	-38.3	35.52	14.77

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