BKK:NTF 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
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
Net Income	209.35	64.27	22.62	8.17	3.21
Depreciation & Amortization	5.75	4.11	3.01	0.69	0.09
Loss (Gain) From Sale of Assets	0.34	0.08	0.2	0.47	-
Other Operating Activities	24.35	20.23	8.24	3.37	0.23
Change in Accounts Receivable	-229.8	-56.98	-39.92	-24.64	-7.77
Change in Inventory	73.34	15.05	-58.78	-9.59	-15.28
Change in Accounts Payable	1.24	-8.73	-0.05	8.73	1.18
Change in Unearned Revenue	-	-	-	-	1.43
Change in Other Net Operating Assets	-44.59	-5.37	-4	-2.7	-1.52
Operating Cash Flow	39.99	32.67	-68.67	-15.49	-18.42
Capital Expenditures	-10.21	-0.7	-1.51	-1.97	-0.07
Sale of Property, Plant & Equipment	0.06	0.06	0.08	2.52	-
Sale (Purchase) of Intangibles	-0.3	-0.32	-	-0.27	-
Other Investing Activities	0.16	0.12	0.06	0.02	1.21
Investing Cash Flow	-10.29	-0.84	-1.37	0.3	1.14
Short-Term Debt Issued	-	-	-	59.18	45.9
Long-Term Debt Issued	-	944.68	267.02	16.25	16.67
Total Debt Issued	2,081	944.68	267.02	75.44	62.57
Short-Term Debt Repaid	-	-	-5.75	-56.88	-42.55
Long-Term Debt Repaid	-	-894.16	-233.99	-6.94	-1.9
Total Debt Repaid	-1,953	-894.16	-239.73	-63.83	-44.45
Net Debt Issued (Repaid)	127.74	50.53	27.28	11.61	18.12
Issuance of Common Stock	-	-	31.81	30	6.5
Common Dividends Paid	-136.45	-76.51	-12	-	-
Other Financing Activities	-12.78	-8.52	-2.76	-1.1	-0.24
Financing Cash Flow	-21.49	-34.5	44.33	40.51	24.38
Miscellaneous Cash Flow Adjustments	-	-	0	-	-
Net Cash Flow	8.21	-2.67	-25.71	25.32	7.1
Free Cash Flow	29.78	31.97	-70.17	-17.46	-18.49
Free Cash Flow Margin	1.28%	2.87%	-12.46%	-4.99%	-10.14%
Free Cash Flow Per Share	0.21	0.23	-0.63	-0.49	-1.56
Cash Interest Paid	12.78	8.52	2.76	1.1	0.24
Cash Income Tax Paid	43.61	7.32	2.6	1.56	0.76
Levered Free Cash Flow	-	12.16	-71.95	-21.04	-
Unlevered Free Cash Flow	-	17.88	-69.77	-20.34	-
Change in Working Capital	-199.8	-56.03	-102.75	-28.19	-21.95

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