MCOT 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	-308.27	-316.27	587.52	-38.36	165.24
Depreciation & Amortization	164.82	187.75	224.46	181.5	118.66
Loss (Gain) From Sale of Assets	-0.72	-0.42	-5.68	-7.09	-32.32
Asset Writedown & Restructuring Costs	92.73	52.13	-1,035	-	-76.59
Loss (Gain) From Sale of Investments	-0.89	0.21	-0.6	0.51	-
Provision & Write-off of Bad Debts	1.99	-10.81	15.34	0.86	-8.39
Other Operating Activities	84.26	52.04	394.03	64.56	53.67
Change in Accounts Receivable	18.8	43.11	115.26	-139.98	109.8
Change in Accounts Payable	35.39	26.25	35.93	18.41	-119.27
Change in Unearned Revenue	-23.8	-13.97	-53.72	-18.54	24
Change in Other Net Operating Assets	229.69	-23.51	-27.73	-14.09	-716.06
Operating Cash Flow	294.01	-3.49	250.21	47.78	-481.25
Operating Cash Flow Growth	-	-	423.65%	-	-
Capital Expenditures	-29.28	-27.26	-51.53	-65.96	-230.6
Sale of Property, Plant & Equipment	0.72	0.42	6.22	10.28	32.17
Sale (Purchase) of Intangibles	-15.79	-8.75	-32.59	-534.51	-34.79
Investment in Securities	31.94	49.52	-0.83	21.8	-0.38
Other Investing Activities	-0.34	2.31	1.73	0.94	3.12
Investing Cash Flow	-12.75	16.23	-77.01	-567.44	-230.48
Long-Term Debt Issued	98.23	-	-	234.41	695.92
Total Debt Issued	98.23	-	-	234.41	695.92
Short-Term Debt Repaid	-	-	-	-	-240
Long-Term Debt Repaid	-323.89	-77.04	-70.48	-44.57	-20.63
Total Debt Repaid	-323.89	-77.04	-70.48	-44.57	-260.63
Net Debt Issued (Repaid)	-225.66	-77.04	-70.48	189.84	435.29
Other Financing Activities	-34.34	-46.85	-45.46	-30.26	-23.33
Financing Cash Flow	-260	-123.89	-115.93	159.57	411.96
Net Cash Flow	21.26	-111.15	57.27	-360.09	-299.77
Free Cash Flow	264.73	-30.75	198.68	-18.17	-711.85
Free Cash Flow Margin	23.54%	-2.63%	15.15%	-1.29%	-47.09%
Free Cash Flow Per Share	0.39	-0.04	0.29	-0.03	-1.04
Cash Interest Paid	-	46.85	46.18	30.26	23.33
Cash Income Tax Paid	-	17.85	-54.76	-23.9	-27.88
Levered Free Cash Flow	46.28	20.89	212.67	-760.76	-1,036
Unlevered Free Cash Flow	68.42	49.61	241.6	-741.79	-1,022
Change in Working Capital	260.07	31.88	69.74	-154.19	-701.54

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