BKK:MATCH 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	-44.2	-50.88	12.42	20.13	-65.26	-16.47
Depreciation & Amortization	71.81	73.8	76.28	77.46	83.32	88.38
Other Amortization	0.67	0.67	0.11	0.52	0.64	0.75
Loss (Gain) From Sale of Assets	-0.43	-0.56	-0.12	-4.01	-0.7	-0.45
Asset Writedown & Restructuring Costs	7.41	7.47	0.67	0.53	0.3	0.12
Loss (Gain) From Sale of Investments	0.85	0.98	-0.02	-	-	-
Provision & Write-off of Bad Debts	-0.07	0.35	-1.9	-5.23	1.7	-4.23
Other Operating Activities	22.86	13.7	1.68	-1.92	-5.53	6.12
Change in Accounts Receivable	5.2	16	23.69	-5.27	0.5	-5.34
Change in Inventory	0.31	-0.24	3.35	-1.55	-1.87	2.32
Change in Accounts Payable	-6.16	-7.04	-10.9	0.56	0.99	21.03
Change in Other Net Operating Assets	0.9	-0.68	-5.2	0.04	-1.35	2.13
Operating Cash Flow	59.16	53.58	100.07	81.26	12.74	94.37
Operating Cash Flow Growth	-17.20%	-46.46%	23.14%	537.89%	-86.50%	-
Capital Expenditures	-16.53	-18.54	-51.49	-63.2	-35.3	-29.93
Sale of Property, Plant & Equipment	1.47	1.61	0.36	7.11	2.34	0.93
Sale (Purchase) of Intangibles	-5.41	-4.66	-0.82	-0.23	-2.88	-0.01
Investment in Securities	-12.86	5.03	-6	-	-	-
Investing Cash Flow	-33.34	-16.55	-57.95	-56.33	-35.84	-29.01
Short-Term Debt Issued	-	34	5	50	18	77
Long-Term Debt Issued	-	30	-	170	16	24
Total Debt Issued	64	64	5	220	34	101
Short-Term Debt Repaid	-	-34	-11	-53	-9	-112
Long-Term Debt Repaid	-	-46.79	-47.45	-189.09	-39.39	-8.68
Total Debt Repaid	-80.7	-80.79	-58.45	-242.09	-48.39	-120.68
Net Debt Issued (Repaid)	-16.7	-16.79	-53.45	-22.09	-14.39	-19.68
Common Dividends Paid	-	-	-0	-	-	-
Financing Cash Flow	-16.7	-16.79	-53.45	-22.09	-14.39	-19.68
Net Cash Flow	9.12	20.24	-11.33	2.84	-37.49	45.69
Free Cash Flow	42.63	35.04	48.58	18.06	-22.56	64.45
Free Cash Flow Growth	36.74%	-27.88%	169.00%	-	-	-
Free Cash Flow Margin	14.30%	12.00%	10.28%	4.01%	-6.57%	18.37%
Free Cash Flow Per Share	0.06	0.04	0.06	0.02	-0.03	0.08
Cash Interest Paid	5.85	5.85	6.85	11.45	10.27	11.23
Cash Income Tax Paid	10.27	10.27	15.89	14.76	11.9	11.29
Levered Free Cash Flow	13.76	11.08	45.28	3.53	-5.6	69.88
Unlevered Free Cash Flow	17.25	14.73	49.35	10.56	0.87	76.91
Change in Working Capital	0.25	8.04	10.94	-6.22	-1.72	20.15

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