BKK:KDH 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	158.57	152.25	140.64	105.59	81.04	37.74
Depreciation & Amortization	48.34	45.63	39.4	40.52	44.58	73.13
Other Amortization	1.93	1.93	1.26	0.4	1.05	1.15
Loss (Gain) From Sale of Assets	0.02	0.03	-0.07	-0.01	-0.07	-0.08
Asset Writedown & Restructuring Costs	0	0	-	-	-	-
Provision & Write-off of Bad Debts	0.6	0.98	2.11	2.48	1.6	1.91
Other Operating Activities	0.39	1.96	3.45	0.52	14.94	15.66
Change in Accounts Receivable	-6.9	12.46	-26.95	-22.32	-7.08	7.13
Change in Inventory	-9.92	-0.51	-0.34	2.22	-2.88	-0.74
Change in Accounts Payable	16.99	-0.22	3.97	-3.35	16.27	9.48
Change in Other Net Operating Assets	-9.89	-0.62	14.93	-14.85	29.21	-1.1
Operating Cash Flow	200.12	213.89	178.39	111.2	178.67	144.28
Operating Cash Flow Growth	17.87%	19.90%	60.43%	-37.76%	23.84%	246.93%
Capital Expenditures	-61.47	-78.81	-35.57	-23.06	-16.39	-7.75
Sale of Property, Plant & Equipment	0.07	0.06	0.07	0.01	0.08	0.11
Sale (Purchase) of Intangibles	-	-	-11.17	-7.73	-0.16	-
Investment in Securities	-27	-97	-100	-70	-167.82	-114
Investing Cash Flow	-88.39	-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	-4.67	-4.93	-4.03	-4	-4.52	-0.55
Net Debt Issued (Repaid)	-4.67	-4.93	-4.03	-4	-4.52	-0.55
Common Dividends Paid	-48.46	-48.46	-38.16	-14.27	-	-
Financing Cash Flow	-53.13	-53.39	-42.19	-18.26	-4.52	-0.55
Net Cash Flow	58.6	-15.24	-10.47	-7.84	-10.15	22.09
Free Cash Flow	138.66	135.09	142.82	88.14	162.28	136.53
Free Cash Flow Growth	27.50%	-5.42%	62.04%	-45.69%	18.86%	367.53%
Free Cash Flow Margin	11.92%	11.76%	13.83%	7.40%	15.05%	17.95%
Free Cash Flow Per Share	7.15	6.97	7.37	4.55	8.37	7.04
Cash Interest Paid	-	-	-	-	-	0
Cash Income Tax Paid	40.54	40.54	33.3	27.69	15.85	0.87
Levered Free Cash Flow	-414.11	92.75	106.7	53.14	145.38	109.45
Unlevered Free Cash Flow	-413.88	93.02	107.09	53.66	146	109.64
Change in Working Capital	-9.72	11.11	-8.39	-38.3	35.52	14.77

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