OHTL 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	313.69	420.02	277.44	88.21	-620.64
Depreciation & Amortization	331.21	341.77	351.59	386.9	391.51
Other Amortization	2.73	2.36	2.08	3.39	5.79
Loss (Gain) From Sale of Assets	0.02	-0.21	-0.53	-0.14	0.01
Asset Writedown & Restructuring Costs	0.22	0	0	-	0
Loss (Gain) on Equity Investments	-	-	-	1.91	42.63
Provision & Write-off of Bad Debts	-	-	0.13	0.18	-
Other Operating Activities	93.35	58.75	77.24	10.94	-73.78
Change in Accounts Receivable	-23.1	18.48	17.99	-53.88	-20.75
Change in Inventory	-7.48	3.6	-5.88	-6.03	-2.32
Change in Accounts Payable	170.7	10.49	32.74	50.84	-6.52
Change in Other Net Operating Assets	-16.54	0.72	-2.68	77.14	1.51
Operating Cash Flow	864.8	855.97	750.12	559.46	-282.57
Operating Cash Flow Growth	1.03%	14.11%	34.08%	-	-
Capital Expenditures	-382.68	-79.2	-62.33	-31.19	-119.21
Sale of Property, Plant & Equipment	0.52	0.82	0.71	0.16	0.29
Sale (Purchase) of Intangibles	-0.04	-0.7	-0.23	-	-0.57
Investment in Securities	-0	-0	-0	-0	-
Investing Cash Flow	-382.2	-79.08	-61.85	-31.03	-119.49
Short-Term Debt Issued	-	-	-	-	335
Long-Term Debt Issued	1,000	-	500	200	540
Total Debt Issued	1,000	-	500	200	875
Short-Term Debt Repaid	-400	-	-200	-	-45
Long-Term Debt Repaid	-901.93	-700.28	-1,058	-555.54	-433.63
Total Debt Repaid	-1,302	-700.28	-1,258	-555.54	-478.63
Net Debt Issued (Repaid)	-301.93	-700.28	-757.98	-355.54	396.37
Other Financing Activities	-6.5	-	-0.6	-	-
Financing Cash Flow	-308.43	-700.28	-758.58	-355.54	396.37
Net Cash Flow	174.17	76.61	-70.31	172.89	-5.69
Free Cash Flow	482.12	776.77	687.79	528.26	-401.78
Free Cash Flow Growth	-37.93%	12.94%	30.20%	-	-
Free Cash Flow Margin	19.11%	28.75%	27.33%	27.40%	-71.49%
Free Cash Flow Per Share	31.93	51.45	45.56	34.99	-26.61
Cash Interest Paid	73.47	110.89	120.73	105.81	112.62
Cash Income Tax Paid	5.33	6.34	5.51	5.64	4.65
Levered Free Cash Flow	369.54	584.42	534.21	481.55	-246.59
Unlevered Free Cash Flow	417.23	654.45	612.63	554.81	-177.08
Change in Working Capital	123.57	33.29	42.17	68.07	-28.08

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