Thaitheparos 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	788.76	743.85	739.6	632.07	618.93
Depreciation & Amortization	100.47	100.15	105.3	108.58	113.68
Other Amortization	-	-	-	1.24	1.37
Loss (Gain) From Sale of Assets	-0.35	1.3	4.22	4.59	5.6
Asset Writedown & Restructuring Costs	-	-	-	-14.17	-
Loss (Gain) From Sale of Investments	-0.59	-0.53	0.06	0.07	-0
Loss (Gain) on Equity Investments	-7.28	-6.74	-7.6	-6.73	-4.76
Provision & Write-off of Bad Debts	-0.69	-	0.38	-	0.11
Other Operating Activities	-1.28	-7.37	0.75	21.52	10.42
Change in Accounts Receivable	-39.71	-8.75	12.51	-45.91	-21.84
Change in Inventory	-71.98	-11.12	75.48	-157.77	-91.47
Change in Accounts Payable	-10.1	7.23	14.76	-32.09	11.17
Change in Other Net Operating Assets	-7.92	-0.72	2.34	0.73	-5.88
Operating Cash Flow	749.32	817.31	947.81	512.14	637.31
Operating Cash Flow Growth	-8.32%	-13.77%	85.07%	-19.64%	-2.63%
Capital Expenditures	-96.02	-88.96	-75.59	-85.07	-53.82
Sale of Property, Plant & Equipment	3.25	1	2.38	2.42	0.02
Sale (Purchase) of Intangibles	-	-	-0.12	-0.02	-0.32
Sale (Purchase) of Real Estate	-6.15	-	-	-	-
Investment in Securities	-120.08	-140.19	-240.06	50.24	-20.03
Other Investing Activities	23.16	19.1	12.94	8.88	8.98
Investing Cash Flow	-195.84	-209.04	-300.43	-23.56	-65.18
Common Dividends Paid	-644.4	-619.2	-594	-576	-450
Other Financing Activities	0.2	0.06	-	-0.26	-
Financing Cash Flow	-644.2	-619.14	-594	-576.26	-450
Net Cash Flow	-90.71	-10.88	53.37	-87.68	122.13
Free Cash Flow	653.31	728.35	872.22	427.07	583.49
Free Cash Flow Growth	-10.30%	-16.50%	104.24%	-26.81%	-3.73%
Free Cash Flow Margin	18.37%	20.43%	24.52%	12.95%	18.65%
Free Cash Flow Per Share	1.81	2.02	2.42	1.19	1.62
Cash Income Tax Paid	-	187.67	181.37	141.66	143.9
Levered Free Cash Flow	498.41	581.41	716.81	293.84	441.94
Unlevered Free Cash Flow	498.41	581.41	716.81	293.84	441.94
Change in Working Capital	-129.72	-13.36	105.1	-235.03	-108.02

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