PMC Label Materials 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	61.92	46.45	17.41	18.01	39.84
Depreciation & Amortization	25.91	24.41	22.14	20.49	18.56
Other Amortization	-	1.05	1.42	1.24	1.21
Loss (Gain) From Sale of Assets	-1.92	-	-0.7	-0.23	-
Asset Writedown & Restructuring Costs	0.66	-0.62	-3.13	3.32	-0.03
Stock-Based Compensation	-	-1.42	0.24	2.26	-
Provision & Write-off of Bad Debts	1.42	0.31	1.11	-0.31	1.15
Other Operating Activities	13.62	21.19	15.6	9.72	-1.57
Change in Accounts Receivable	20.6	-18.91	5.84	2.01	-24.32
Change in Inventory	13.95	-24.97	-3.23	34.01	-33.21
Change in Accounts Payable	-16.26	-36	46.38	-44.7	69.43
Change in Other Net Operating Assets	10.25	-13.07	-31.27	-1.24	-9.19
Operating Cash Flow	130.14	-1.59	71.81	44.58	61.88
Operating Cash Flow Growth	-	-	61.07%	-27.95%	-
Capital Expenditures	-19.13	-61.74	-122.19	-50.15	-17.43
Sale of Property, Plant & Equipment	-	-	0.71	0.71	-
Sale (Purchase) of Intangibles	1.92	-	-0.71	-0.77	-1.54
Investment in Securities	-	-	-	-	-44.05
Other Investing Activities	0.88	0.16	0.13	109.29	348.39
Investing Cash Flow	-16.33	-61.58	-122.06	59.08	285.36
Short-Term Debt Issued	489.73	713.13	205.75	198.28	121.43
Long-Term Debt Issued	1.9	39.21	85.78	36.46	-
Total Debt Issued	491.63	752.34	291.53	234.74	121.43
Short-Term Debt Repaid	-	-657.77	-155.43	-179.79	-91.77
Long-Term Debt Repaid	-601.79	-89.48	-98.72	-100.17	-97.63
Total Debt Repaid	-601.79	-747.25	-254.14	-279.96	-189.4
Net Debt Issued (Repaid)	-110.16	5.09	37.39	-45.21	-67.97
Issuance of Common Stock	-	200.6	20	-	150
Common Dividends Paid	-1.13	-	-	-50.9	-332.25
Other Financing Activities	-17.35	-22.27	-14.97	-13.2	-118.15
Financing Cash Flow	-128.64	183.43	42.42	-109.31	-368.37
Foreign Exchange Rate Adjustments	-0.45	-1.03	-1.05	-0.77	2.79
Net Cash Flow	-15.27	119.22	-8.88	-6.41	-18.34
Free Cash Flow	111.01	-63.33	-50.38	-5.57	44.45
Free Cash Flow Margin	13.50%	-7.24%	-6.09%	-0.63%	5.20%
Free Cash Flow Per Share	0.28	-0.20	-0.18	-0.02	0.21
Cash Interest Paid	-	22.11	14.97	12.45	13.18
Cash Income Tax Paid	-	10.17	2.29	8.37	12.34
Levered Free Cash Flow	88.37	-121.3	-10.58	-6.78	-
Unlevered Free Cash Flow	95.4	-112.12	-2.27	-6.78	-
Change in Working Capital	28.54	-92.96	17.71	-9.91	2.7

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