Sivarom Real Estate 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	-42.92	27.38	77	56.9	51.59
Depreciation & Amortization	4.22	4.65	5.63	8.15	8.28
Other Amortization	-	0.91	0.8	0.71	0.62
Loss (Gain) From Sale of Assets	0	-0.1	-14.95	-0.02	-11.12
Asset Writedown & Restructuring Costs	-	-	0	-	-
Other Operating Activities	-69.88	-69.01	-60.52	-8.88	-13.49
Change in Accounts Receivable	1.32	-1.73	10.76	-9.32	-
Change in Inventory	373.28	123.72	-869.51	-171.54	-109.56
Change in Accounts Payable	-69.39	-17.48	4.69	70.97	18.79
Change in Unearned Revenue	-12.44	22.05	1.36	-	-
Change in Other Net Operating Assets	-7.02	1.04	-0.28	0.08	14.88
Operating Cash Flow	177.18	91.44	-845.03	-52.95	-40.01
Operating Cash Flow Growth	93.77%	-	-	-	-
Capital Expenditures	-0.03	-0.61	-0.92	-1.79	-4.35
Sale of Property, Plant & Equipment	-	-	0	0.07	20.39
Divestitures	-	-	-	-	39.4
Sale (Purchase) of Intangibles	-	-0.23	-0.85	-0.56	-1.29
Sale (Purchase) of Real Estate	-	-	100	-	-
Investment in Securities	-	-91	-	-	-
Other Investing Activities	91	-	-	-	-
Investing Cash Flow	90.97	-91.84	98.23	-2.28	54.16
Short-Term Debt Issued	15.72	-	0.07	12.9	0
Long-Term Debt Issued	262.43	959.6	1,531	683.1	396.21
Total Debt Issued	278.15	959.6	1,531	696.01	396.21
Short-Term Debt Repaid	-	-7.9	-	-	-
Long-Term Debt Repaid	-592.96	-910.17	-958.89	-630.33	-462.71
Total Debt Repaid	-592.96	-918.06	-958.89	-630.33	-462.71
Net Debt Issued (Repaid)	-314.81	41.54	571.76	65.67	-66.5
Issuance of Common Stock	-	-	276.38	-	-
Common Dividends Paid	-	-	-102	-	-
Other Financing Activities	-	-	-17.06	-	-
Financing Cash Flow	-314.81	41.54	729.08	65.67	-66.5
Net Cash Flow	-46.66	41.14	-17.72	10.45	-52.36
Free Cash Flow	177.15	90.83	-845.95	-54.73	-44.36
Free Cash Flow Growth	95.04%	-	-	-	-
Free Cash Flow Margin	34.98%	10.53%	-91.54%	-7.55%	-7.93%
Free Cash Flow Per Share	0.35	0.18	-1.70	-0.14	-0.12
Cash Interest Paid	-	79.29	66.33	27.9	29.07
Cash Income Tax Paid	-	18.77	23.9	16.82	17.82
Levered Free Cash Flow	212.43	65.94	-844.71	-232.05	-97.17
Unlevered Free Cash Flow	224.47	75.33	-836.85	-222.56	-95.66
Change in Working Capital	285.75	127.61	-852.98	-109.81	-75.89

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