Onsen Retreat and Spa Group PCL (BKK:ONSENS)

BKK:ONSENS Cash Flow Statement

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	13.59	33.29	43.52
Depreciation & Amortization	43.02	33.5	35.95
Other Amortization	0.32	0.87	0.86
Loss (Gain) From Sale of Assets	-	0.43	-0.58
Asset Writedown & Restructuring Costs	1.35	0.25	0.41
Loss (Gain) on Equity Investments	1.05	0.62	-5.78
Provision & Write-off of Bad Debts	0.24	-	-0.02
Other Operating Activities	19.56	17.43	26.45
Change in Accounts Receivable	0.69	-0.94	0.4
Change in Inventory	0.71	-1.14	0.02
Change in Accounts Payable	1.48	-2.82	0.96
Change in Unearned Revenue	-2.91	3.28	-2.89
Change in Other Net Operating Assets	-0.73	0.12	2.07
Operating Cash Flow	78.37	84.9	101.37
Operating Cash Flow Growth	-7.69%	-16.25%	-
Capital Expenditures	-13.88	-38.04	-19.54
Sale of Property, Plant & Equipment	-	2.15	0.9
Sale (Purchase) of Intangibles	-0.64	-0.82	-0.61
Investment in Securities	-13.1	-0.01	10.94
Other Investing Activities	10	4.77	-0.68
Investing Cash Flow	-17.62	-31.95	-8.99
Long-Term Debt Issued	-	20	-
Long-Term Debt Repaid	-38.35	-69.9	-31.54
Net Debt Issued (Repaid)	-38.35	-49.9	-31.54
Issuance of Common Stock	164	-	-
Common Dividends Paid	-16.42	-	-
Other Financing Activities	-45.6	-21.81	-14.99
Financing Cash Flow	63.63	-71.71	-46.53
Foreign Exchange Rate Adjustments	-0.06	-0.11	-0.01
Net Cash Flow	124.31	-18.88	45.84
Free Cash Flow	64.49	46.85	81.83
Free Cash Flow Growth	37.64%	-42.74%	-
Free Cash Flow Margin	23.24%	16.27%	29.94%
Free Cash Flow Per Share	0.27	0.21	0.37
Cash Interest Paid	31.62	22.55	21.46
Cash Income Tax Paid	3.18	10.03	0.14
Levered Free Cash Flow	40.82	34.19	-
Unlevered Free Cash Flow	52.67	47.14	-
Change in Working Capital	-0.76	-1.49	0.56

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