The Navakij Insurance 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	-	-	107.28	24.84	109.35
Depreciation & Amortization	35.14	34.53	30.94	30.88	32.08
Other Amortization	3.34	3.98	4.16	4.24	4.3
Other Operating Activities	156.32	29.65	-163.01	149.74	-30.56
Operating Cash Flow	194.8	68.16	-20.63	209.7	115.18
Operating Cash Flow Growth	185.82%	-	-	82.07%	-29.82%
Capital Expenditures	-6.38	-16.5	-32.92	-149.92	-6.6
Sale of Property, Plant & Equipment	0.52	0.85	0.18	0.97	0.66
Purchase / Sale of Intangible Assets	-3.24	-9.58	-1.46	-2.11	-3.96
Investing Cash Flow	-9.1	-25.23	-34.21	-151.06	-9.91
Total Debt Repaid	-17.09	-15.56	-14.68	-14.65	-14.39
Net Debt Issued (Repaid)	-17.09	-15.56	-14.68	-14.65	-14.39
Issuance of Common Stock	-	0.01	0.01	0.01	-
Common Dividends Paid	-	-55.5	-36	-52.5	-52.5
Financing Cash Flow	-17.09	-71.06	-50.67	-67.14	-66.89
Miscellaneous Cash Flow Adjustments	-0.02	0.01	0	0.12	-0.06
Net Cash Flow	168.6	-28.12	-105.5	-8.38	38.32
Free Cash Flow	188.42	51.66	-53.55	59.78	108.57
Free Cash Flow Growth	264.75%	-	-	-44.94%	-31.94%
Free Cash Flow Margin	5.26%	1.32%	-1.65%	2.04%	3.81%
Free Cash Flow Per Share	4.96	1.36	-1.41	1.57	2.86
Cash Income Tax Paid	-0.72	14.94	49.14	18.35	47.14
Levered Free Cash Flow	-17.26	-421.96	450.89	116.22	9.07
Unlevered Free Cash Flow	-16.51	-421.06	451.89	117.41	10.51

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