Kumwell Corporation 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	57.59	53.29	34.53	61.81	57.7
Depreciation & Amortization	30.21	30.39	30.54	21.74	18.42
Other Amortization	-	-	-	-	2.78
Loss (Gain) From Sale of Assets	11.16	0.16	1.22	1.4	4.44
Loss (Gain) From Sale of Investments	-0.11	-0.2	-0.15	-0.05	-0.17
Provision & Write-off of Bad Debts	3.96	-1.28	-1.1	4.16	2.79
Other Operating Activities	8.67	5.83	-1.98	1.68	-7.36
Change in Accounts Receivable	-69.08	-13.76	28.64	-16.15	-49.96
Change in Inventory	16.15	29.36	14.81	-53.55	-7.7
Change in Accounts Payable	24.51	10.53	-11.82	0.7	15.11
Change in Unearned Revenue	22.64	-	-	-	-
Change in Other Net Operating Assets	-4.33	-1.53	4.4	-4.21	-0.65
Operating Cash Flow	101.38	112.78	99.09	17.53	35.4
Operating Cash Flow Growth	-10.12%	13.82%	465.32%	-50.48%	-42.58%
Capital Expenditures	-14.75	-14.85	-87.51	-141.54	-124.3
Sale of Property, Plant & Equipment	0.08	0.17	0.04	0.44	-
Sale (Purchase) of Intangibles	-3.17	-2.4	-0.63	-1.55	-1.8
Investment in Securities	-	4	6.4	5	90.5
Other Investing Activities	-32.02	-	0.34	0.84	-
Investing Cash Flow	-49.85	-13.08	-81.36	-136.81	-35.6
Short-Term Debt Issued	77.39	70.61	94	34.12	-
Long-Term Debt Issued	-	-	64.64	144	57
Total Debt Issued	77.39	70.61	158.64	178.12	57
Short-Term Debt Repaid	-66	-85	-78.12	-15	-
Long-Term Debt Repaid	-40.76	-50.39	-50.22	-22.11	-15.07
Total Debt Repaid	-106.76	-135.39	-128.34	-37.11	-15.07
Net Debt Issued (Repaid)	-29.37	-64.78	30.3	141.01	41.93
Common Dividends Paid	-25.8	-21.5	-30.1	-25.8	-38.7
Other Financing Activities	0.5	-	-	-	-
Financing Cash Flow	-54.67	-86.28	0.2	115.21	3.23
Net Cash Flow	-3.14	13.42	17.93	-4.07	3.03
Free Cash Flow	86.63	97.94	11.58	-124.01	-88.9
Free Cash Flow Growth	-11.54%	745.54%	-	-	-
Free Cash Flow Margin	13.44%	16.75%	2.19%	-22.08%	-19.10%
Free Cash Flow Per Share	0.20	0.23	0.03	-0.29	-0.21
Cash Interest Paid	9.74	13.58	12.65	4.33	3.49
Cash Income Tax Paid	15.16	10.03	12.19	12.93	13.11
Levered Free Cash Flow	62.27	80.82	-52.18	-90.52	-107.24
Unlevered Free Cash Flow	68.34	89.28	-44.23	-87.74	-105.06
Change in Working Capital	-10.11	24.59	36.03	-73.21	-43.19

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