BKK:TC 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	207.65	329.43	43.48	457.87	153.7
Depreciation & Amortization	140.99	134.75	123.88	113.31	95.34
Loss (Gain) From Sale of Assets	-0.62	-0.54	-0.08	-3.77	-0.55
Asset Writedown & Restructuring Costs	-	-	-13.22	1.36	1.82
Provision & Write-off of Bad Debts	-11.06	0.48	-	-	-
Other Operating Activities	10.81	54.05	31.07	29.09	-23.22
Change in Accounts Receivable	383.54	-590.54	-415.38	15.67	-1.68
Change in Inventory	-48.17	74.63	-56.13	78.66	-312.86
Change in Accounts Payable	-142.52	92.93	226.01	-302.84	315.29
Change in Other Net Operating Assets	-12.3	-9.73	-14.15	-18.44	-12.12
Operating Cash Flow	528.32	85.47	-74.52	370.91	215.71
Operating Cash Flow Growth	518.14%	-	-	71.95%	-13.68%
Capital Expenditures	-183.82	-229.04	-116.07	-164.49	-139.57
Sale of Property, Plant & Equipment	0.87	0.55	0.08	0.28	0.76
Sale (Purchase) of Intangibles	-2.13	-1.05	-5.98	-9.07	-1.05
Sale (Purchase) of Real Estate	-	-	-	7.68	-
Other Investing Activities	2.1	3.4	2.88	1.15	0.75
Investing Cash Flow	-182.97	-225.44	-118.38	-163.71	-139.91
Short-Term Debt Issued	-	191.96	134.28	-	13.89
Long-Term Debt Issued	75	100	-	100	-
Total Debt Issued	75	291.96	134.28	100	13.89
Short-Term Debt Repaid	-280.77	-	-	-14.3	-
Long-Term Debt Repaid	-51.66	-44.94	-27.96	-8.91	-7.86
Total Debt Repaid	-332.43	-44.94	-27.96	-23.22	-7.86
Net Debt Issued (Repaid)	-257.43	247.02	106.32	76.78	6.03
Common Dividends Paid	-99	-33	-165	-49.5	-82.5
Other Financing Activities	-10.96	-16.39	-4.96	-5.5	-0.78
Financing Cash Flow	-367.4	197.63	-63.64	21.79	-77.25
Foreign Exchange Rate Adjustments	0.04	-	-	-	-
Net Cash Flow	-22	57.66	-256.53	229	-1.45
Free Cash Flow	344.5	-143.57	-190.58	206.42	76.14
Free Cash Flow Growth	-	-	-	171.10%	-13.67%
Free Cash Flow Margin	5.36%	-2.18%	-3.87%	3.40%	1.76%
Free Cash Flow Per Share	1.04	-0.43	-0.58	0.63	0.23
Cash Interest Paid	10.96	16.39	4.96	5.5	0.78
Cash Income Tax Paid	34.53	54.88	4.93	6.87	49.21
Levered Free Cash Flow	262.34	-238.73	-221.21	20.66	-10.13
Unlevered Free Cash Flow	269.2	-228.48	-218.11	24.09	-9.65
Change in Working Capital	180.56	-432.7	-259.65	-226.96	-11.38

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