Thai Agro Energy 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	-8.12	22.46	30.28	-75.96	-58.42
Depreciation & Amortization	180.08	186	183.4	169.65	170.28
Other Amortization	0.64	0.62	0.63	0.58	0.63
Loss (Gain) From Sale of Assets	-	-	-	-0	-
Asset Writedown & Restructuring Costs	0.03	-0.04	-	0	-
Loss (Gain) From Sale of Investments	-0.02	-0.03	-0.01	-0	-0
Other Operating Activities	-18.66	26.18	11.59	-13.88	-7.36
Change in Accounts Receivable	-5.68	56.2	6.76	12.27	-18.83
Change in Inventory	-102.68	-33.16	439.7	-299.99	-86.47
Change in Accounts Payable	18.3	-28.53	-9.95	8.92	-55.91
Change in Other Net Operating Assets	-8.99	-9.98	28.46	-18.93	-6.96
Operating Cash Flow	54.91	219.71	690.86	-217.34	-63.04
Operating Cash Flow Growth	-75.01%	-68.20%	-	-	-
Capital Expenditures	-22.34	-45.38	-94.07	-85.96	-86.49
Sale of Property, Plant & Equipment	-	-	-	0	-
Sale (Purchase) of Intangibles	-2.52	-0.52	-0.39	-0.33	-1.63
Other Investing Activities	-0.5	-	-	-	-
Investing Cash Flow	-25.36	-45.9	-94.45	-86.29	-88.12
Short-Term Debt Issued	67.67	-	-	540.33	-
Long-Term Debt Issued	-	-	-	-	499.37
Total Debt Issued	67.67	-	-	540.33	499.37
Short-Term Debt Repaid	-	-46.25	-319.96	-	-151.72
Long-Term Debt Repaid	-105.55	-135.3	-250.88	-251.07	-151.09
Total Debt Repaid	-105.55	-181.54	-570.84	-251.07	-302.8
Net Debt Issued (Repaid)	-37.88	-181.54	-570.84	289.26	196.56
Common Dividends Paid	-	-	-	-	-34.58
Other Financing Activities	-1.14	-1.04	-0.37	-0.43	-0.59
Financing Cash Flow	-39.02	-182.59	-571.22	288.83	161.4
Net Cash Flow	-9.47	-8.78	25.19	-14.8	10.24
Free Cash Flow	32.57	174.33	596.79	-303.3	-149.53
Free Cash Flow Growth	-81.32%	-70.79%	-	-	-
Free Cash Flow Margin	1.65%	7.61%	22.27%	-14.93%	-6.77%
Free Cash Flow Per Share	0.03	0.17	0.60	-0.30	-0.15
Cash Interest Paid	57.33	63.96	67.34	45.02	36.74
Cash Income Tax Paid	0.04	0.03	0	-	-5.15
Levered Free Cash Flow	33.88	162.82	579.7	-268.22	-126.73
Unlevered Free Cash Flow	68.66	202.42	623.08	-239.98	-103.75
Change in Working Capital	-99.05	-15.47	464.97	-297.73	-168.17

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