Masstec Link 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	35.28	41.92	42.35	29.42	-7.08	37.31
Depreciation & Amortization	13.13	13.38	11.47	12.33	14.06	7.73
Other Amortization	0.63	0.38	0.5	1.19	1.26	0.58
Loss (Gain) From Sale of Assets	-0.49	-	-	-	0.02	0.06
Loss (Gain) on Equity Investments	-0	0	0.01	0.01	-0.01	0.01
Provision & Write-off of Bad Debts	9.14	14.27	4.25	-6.44	18.08	7.94
Other Operating Activities	6.69	15.79	13.3	13.79	6.94	-2.82
Change in Accounts Receivable	6.23	-15.29	16.43	-5	-63.68	-10.25
Change in Inventory	-3.91	5.7	3.34	-44.56	-12.45	-12.16
Change in Accounts Payable	4.1	45.84	-1.5	0.98	-13.11	15.31
Change in Other Net Operating Assets	-7.7	-5.46	2.33	1.57	-8.46	-1.13
Operating Cash Flow	69.46	116.54	92.5	3.29	-64.44	42.59
Operating Cash Flow Growth	11.82%	25.99%	2708.02%	-	-	-
Capital Expenditures	-1.38	-4.35	-1.27	-0.87	-20.74	-40.13
Sale of Property, Plant & Equipment	1.08	0.59	0.06	-	-	0.02
Investment in Securities	-0.23	-0.17	1.04	2.82	-2.39	-5.81
Other Investing Activities	0.13	-0.21	10.42	0.43	-	2.76
Investing Cash Flow	-0.41	-4.13	10.21	2.42	-23.2	-43.1
Short-Term Debt Issued	-	-	-	69.03	49.1	104.61
Long-Term Debt Issued	-	-	-	-	25	16.03
Total Debt Issued	-	-	-	69.03	74.1	120.64
Short-Term Debt Repaid	-	-54.89	-15.54	-	-	-
Long-Term Debt Repaid	-	-7.7	-15.8	-13.8	-26.96	-6.74
Total Debt Repaid	-36.99	-62.59	-31.34	-13.8	-26.96	-6.74
Net Debt Issued (Repaid)	-36.99	-62.59	-31.34	55.23	47.15	113.9
Issuance of Common Stock	-	51	-	-	-	-
Common Dividends Paid	-24.09	-73.64	-50.15	-60.01	-9.01	-61.2
Other Financing Activities	-12.57	-15.29	-17.92	-10.34	-	-0.04
Financing Cash Flow	-73.65	-100.52	-99.41	-15.13	38.14	52.66
Net Cash Flow	-4.59	11.89	3.3	-9.41	-49.5	52.15
Free Cash Flow	68.08	112.18	91.22	2.42	-85.18	2.47
Free Cash Flow Growth	18.09%	22.98%	3669.43%	-	-	-
Free Cash Flow Margin	7.68%	11.99%	9.39%	0.27%	-9.94%	0.30%
Free Cash Flow Per Share	0.29	0.53	0.54	0.01	-0.50	0.01
Cash Interest Paid	-	-	-	-	8.8	8.81
Cash Income Tax Paid	14.51	11.7	7.33	4.13	5.09	13.03
Levered Free Cash Flow	54.38	92.18	62.42	-17.34	-80.9	-
Unlevered Free Cash Flow	62.46	101.9	73.53	-11.13	-75.17	-
Change in Working Capital	5.09	30.79	20.62	-47.01	-97.71	-8.22

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