MK Restaurant Group 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	837.96	1,442	1,682	1,439	130.98
Depreciation & Amortization	1,839	1,928	1,962	1,978	1,990
Other Amortization	42.28	56.38	43.38	42.18	42
Loss (Gain) From Sale of Assets	1.89	-1.96	35.18	-43.27	55.45
Asset Writedown & Restructuring Costs	25	-	-	-1.06	1.06
Loss (Gain) From Sale of Investments	-114.5	-151.27	-99.97	-5.56	-43.76
Loss (Gain) on Equity Investments	-5.52	-7.88	8.85	29.13	23.44
Other Operating Activities	42.98	91.99	116.14	210.72	-390.83
Change in Accounts Receivable	15.27	-47.67	25.62	45.63	-48.97
Change in Inventory	-189.33	19.32	3.66	-29.43	21.68
Change in Accounts Payable	102.77	-261.43	117.3	119.71	19.88
Change in Unearned Revenue	30.73	24	24.06	20.55	8.34
Change in Other Net Operating Assets	-85.65	-113.54	-51.75	37.4	-108.73
Operating Cash Flow	2,542	2,978	3,866	3,843	1,700
Operating Cash Flow Growth	-14.61%	-22.99%	0.60%	126.01%	-18.72%
Capital Expenditures	-755.6	-2,282	-621.72	-596.05	-271.2
Sale of Property, Plant & Equipment	3.9	4.16	4.3	52.05	2.72
Divestitures	-	-	30.48	53.47	-
Sale (Purchase) of Intangibles	-8.88	-22.15	-9.69	-12.02	-9.26
Investment in Securities	805.92	2,461	-350.24	-673.09	34.1
Investing Cash Flow	45.34	160.33	-946.88	-1,176	-243.65
Long-Term Debt Repaid	-1,311	-1,398	-1,382	-1,336	-1,009
Net Debt Issued (Repaid)	-1,311	-1,398	-1,382	-1,336	-1,009
Repurchase of Common Stock	-	-477.57	-	-	-
Common Dividends Paid	-1,355	-1,379	-1,381	-1,197	-460.44
Financing Cash Flow	-2,667	-3,254	-2,763	-2,534	-1,470
Net Cash Flow	-79.04	-116.06	156.1	133.85	-12.95
Free Cash Flow	1,787	695.2	3,245	3,247	1,429
Free Cash Flow Growth	157.03%	-78.57%	-0.07%	127.19%	-20.15%
Free Cash Flow Margin	11.59%	4.40%	19.11%	20.37%	12.57%
Free Cash Flow Per Share	1.98	0.76	3.52	3.53	1.53
Cash Income Tax Paid	-	316.89	305.27	204.11	164.48
Levered Free Cash Flow	-4,190	267.6	2,802	2,798	1,676
Unlevered Free Cash Flow	-4,132	332.82	2,862	2,852	1,719
Change in Working Capital	-126.22	-379.31	118.89	193.87	-107.79

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