BKK:NTF 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	229.62	64.27	22.62	8.17	3.21
Depreciation & Amortization	6.05	4.11	3.01	0.69	0.09
Loss (Gain) From Sale of Assets	0.87	0.08	0.2	0.47	-
Other Operating Activities	35.05	20.23	8.24	3.37	0.23
Change in Accounts Receivable	-262.91	-56.98	-39.92	-24.64	-7.77
Change in Inventory	11.06	15.05	-58.78	-9.59	-15.28
Change in Accounts Payable	22.21	-8.73	-0.05	8.73	1.18
Change in Unearned Revenue	-	-	-	-	1.43
Change in Other Net Operating Assets	-41.69	-0.3	-4	-2.7	-1.52
Operating Cash Flow	0.24	37.74	-68.67	-15.49	-18.42
Operating Cash Flow Growth	-99.35%	-	-	-	-
Capital Expenditures	-10.09	-0.7	-1.51	-1.97	-0.07
Sale of Property, Plant & Equipment	0.08	0.06	0.08	2.52	-
Sale (Purchase) of Intangibles	-0.35	-0.32	-	-0.27	-
Other Investing Activities	-47.33	-4.95	0.06	0.02	1.21
Investing Cash Flow	-57.68	-5.91	-1.37	0.3	1.14
Short-Term Debt Issued	2,376	944.68	-	59.18	45.9
Long-Term Debt Issued	-	-	267.02	16.25	16.67
Total Debt Issued	2,376	944.68	267.02	75.44	62.57
Short-Term Debt Repaid	-2,330	-891.44	-5.75	-56.88	-42.55
Long-Term Debt Repaid	-5.6	-2.72	-233.99	-6.94	-1.9
Total Debt Repaid	-2,336	-894.16	-239.73	-63.83	-44.45
Net Debt Issued (Repaid)	40.55	50.53	27.28	11.61	18.12
Issuance of Common Stock	348.76	-	31.81	30	6.5
Common Dividends Paid	-207.71	-76.51	-12	-	-
Other Financing Activities	-15.01	-8.52	-2.76	-1.1	-0.24
Financing Cash Flow	166.59	-34.5	44.33	40.51	24.38
Miscellaneous Cash Flow Adjustments	-	-	0	-	-
Net Cash Flow	109.16	-2.67	-25.71	25.32	7.1
Free Cash Flow	-9.84	37.04	-70.17	-17.46	-18.49
Free Cash Flow Margin	-0.39%	3.31%	-12.46%	-4.99%	-10.14%
Free Cash Flow Per Share	-0.07	0.27	-0.63	-0.49	-1.56
Cash Interest Paid	15.01	8.52	2.76	1.1	0.24
Cash Income Tax Paid	43.66	7.32	2.6	1.56	0.76
Levered Free Cash Flow	-86.35	13.97	-71.95	-21.04	-
Unlevered Free Cash Flow	-76.16	19.69	-69.77	-20.34	-
Change in Working Capital	-271.34	-50.96	-102.75	-28.19	-21.95

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