Pacific Pipe 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	80.38	-203.77	-56.15	-325.31	554.69
Depreciation & Amortization	97.59	105.48	110.38	121.77	124.35
Other Amortization	4.46	4.46	4.97	5.2	6.71
Loss (Gain) From Sale of Assets	-0.26	2.28	0.94	-11.76	0.41
Asset Writedown & Restructuring Costs	-	-	0.96	14.43	-
Provision & Write-off of Bad Debts	0.59	1.42	-9.54	8.9	5.12
Other Operating Activities	1.35	24.33	-7.16	-39.63	24.69
Change in Accounts Receivable	-87.93	-38.45	116.36	131.45	-269.36
Change in Inventory	13.21	-46.91	182.73	825.91	-613.69
Change in Accounts Payable	23.97	119.74	-36.31	-0.23	8.23
Change in Other Net Operating Assets	16.39	-4.73	-8.03	-10.57	-5.15
Operating Cash Flow	149.75	-36.15	299.15	720.17	-163.99
Operating Cash Flow Growth	-	-	-58.46%	-	-
Capital Expenditures	-26.25	-17.36	-40.04	-19.95	-28.62
Sale of Property, Plant & Equipment	2.05	0.32	0.14	0.24	0.57
Divestitures	-	-	-	12.01	-
Sale (Purchase) of Intangibles	-2.59	-0.01	-0.93	-0.57	-0.9
Investing Cash Flow	-26.79	-17.05	-40.83	-8.28	-28.95
Short-Term Debt Issued	6,724	7,261	8,169	9,405	9,464
Total Debt Issued	6,724	7,261	8,169	9,405	9,464
Short-Term Debt Repaid	-6,901	-7,160	-8,401	-9,700	-8,999
Long-Term Debt Repaid	-12.36	-13.03	-11.92	-10.47	-6.92
Total Debt Repaid	-6,913	-7,173	-8,412	-9,711	-9,006
Net Debt Issued (Repaid)	-188.85	87.79	-243.13	-305.72	457.87
Common Dividends Paid	-	-	-	-554.39	-118.8
Financing Cash Flow	-188.85	87.79	-243.13	-860.11	339.07
Net Cash Flow	-65.89	34.59	15.19	-148.21	146.13
Free Cash Flow	123.5	-53.51	259.11	700.22	-192.61
Free Cash Flow Growth	-	-	-63.00%	-	-
Free Cash Flow Margin	1.70%	-0.72%	2.97%	7.08%	-1.98%
Free Cash Flow Per Share	0.19	-0.08	0.39	1.06	-0.29
Cash Interest Paid	48.39	58.87	53.46	36.69	37.53
Cash Income Tax Paid	0.1	0.11	0.09	26.32	170.39
Levered Free Cash Flow	87.53	2.49	262.65	822.93	-290.93
Unlevered Free Cash Flow	117.06	39.56	296.16	846.13	-268.29
Change in Working Capital	-34.36	29.64	254.75	946.57	-879.96

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