Thaitheparos PCL Cash Flow Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	765.17	743.85	739.6	632.07	618.93	543.41
Depreciation & Amortization	99.82	100.15	105.3	108.58	113.68	114.34
Other Amortization	-	-	-	1.24	1.37	1.56
Loss (Gain) From Sale of Assets	0.87	1.3	4.22	4.59	5.6	10.24
Asset Writedown & Restructuring Costs	-	-	-	-14.17	-	-1.36
Loss (Gain) From Sale of Investments	-0.35	-0.53	0.06	0.07	-0	0.07
Loss (Gain) on Equity Investments	-6.87	-6.74	-7.6	-6.73	-4.76	-3.27
Provision & Write-off of Bad Debts	-0.61	-	0.38	-	0.11	2.03
Other Operating Activities	-5.16	-7.37	0.75	21.52	10.42	18.91
Change in Accounts Receivable	-12.41	-8.75	12.51	-45.91	-21.84	-12.03
Change in Inventory	-30.16	-11.12	75.48	-157.77	-91.47	-30.19
Change in Accounts Payable	-8.61	7.23	14.76	-32.09	11.17	14.09
Change in Other Net Operating Assets	-0.89	-0.72	2.34	0.73	-5.88	-3.29
Operating Cash Flow	800.8	817.31	947.81	512.14	637.31	654.52
Operating Cash Flow Growth	-5.14%	-13.77%	85.07%	-19.64%	-2.63%	6.81%
Capital Expenditures	-118.01	-88.96	-75.59	-85.07	-53.82	-48.45
Sale of Property, Plant & Equipment	2.85	1	2.38	2.42	0.02	1.95
Sale (Purchase) of Intangibles	-	-	-0.12	-0.02	-0.32	-
Investment in Securities	-29.9	-140.19	-240.06	50.24	-20.03	-130.09
Other Investing Activities	23.03	19.1	12.94	8.88	8.98	8.73
Investing Cash Flow	-128.19	-209.04	-300.43	-23.56	-65.18	-167.86
Common Dividends Paid	-644.4	-619.2	-594	-576	-450	-414
Other Financing Activities	-	0.06	-	-0.26	-	-
Financing Cash Flow	-644.4	-619.14	-594	-576.26	-450	-414
Net Cash Flow	28.21	-10.88	53.37	-87.68	122.13	72.66
Free Cash Flow	682.79	728.35	872.22	427.07	583.49	606.07
Free Cash Flow Growth	-14.92%	-16.50%	104.24%	-26.81%	-3.73%	8.99%
Free Cash Flow Margin	19.40%	20.43%	24.52%	12.95%	18.65%	20.52%
Free Cash Flow Per Share	1.90	2.02	2.42	1.19	1.62	1.68
Cash Income Tax Paid	187.64	187.67	181.37	141.66	143.9	116.25
Levered Free Cash Flow	548.76	581.41	716.81	293.84	441.94	470.43
Unlevered Free Cash Flow	548.76	581.41	716.81	293.84	441.94	470.43
Change in Working Capital	-52.07	-13.36	105.1	-235.03	-108.02	-31.42

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.