Thai-German Products PCL Cash Flow Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-143.13	-146.28	-161.46	-272.38	23.39	84.29
Depreciation & Amortization	112.6	119.2	119.29	112.85	110.51	104.01
Other Amortization	0.04	0.04	0.06	0.16	0.15	0.14
Loss (Gain) From Sale of Assets	0	-0.19	-	-0.36	-0.4	-0.9
Loss (Gain) From Sale of Investments	-0.01	-0.01	-0.02	-0.2	3.97	-0.02
Provision & Write-off of Bad Debts	0.69	0.55	2.94	-2.34	3.28	13.86
Other Operating Activities	51.52	53.87	37.99	59.26	26.02	-6.31
Change in Accounts Receivable	-26.88	35.54	-16.41	40.75	88.05	-27.56
Change in Inventory	36.85	-15.88	58.74	303.18	-133.09	-78.63
Change in Accounts Payable	-58.54	-71.81	20.16	-8.09	-126.01	27.4
Change in Other Net Operating Assets	-1.18	14.35	-12.85	2.97	-0.04	-1.01
Operating Cash Flow	-28.06	-10.62	48.45	235.79	-4.17	115.26
Operating Cash Flow Growth	-	-	-79.45%	-	-	-
Capital Expenditures	-1.81	-17.43	-41.33	-4.96	-17.83	-11.89
Sale of Property, Plant & Equipment	-0	0.19	-	0.36	0.4	0.9
Sale (Purchase) of Intangibles	-0.03	-0.09	-0.04	-	-0.2	-0.24
Investment in Securities	-	-	-	30.99	30	-60
Investing Cash Flow	-1.84	-17.34	-41.37	26.38	12.37	-71.24
Long-Term Debt Issued	-	73.26	78.5	-	137.87	8.77
Long-Term Debt Repaid	-	-17.34	-46.01	-229.87	-104.42	-43.3
Total Debt Repaid	-14.12	-17.34	-46.01	-229.87	-104.42	-43.3
Net Debt Issued (Repaid)	70.19	55.92	32.49	-229.87	33.46	-34.53
Issuance of Common Stock	-	-	-	0	-	-
Other Financing Activities	-40.53	-40.33	-38.02	-43.98	-41.02	-11.06
Financing Cash Flow	29.66	15.59	-5.52	-273.85	-7.57	-45.59
Net Cash Flow	-0.23	-12.37	1.55	-11.68	0.63	-1.57
Free Cash Flow	-29.87	-28.05	7.12	230.83	-22.01	103.37
Free Cash Flow Growth	-	-	-96.92%	-	-	-
Free Cash Flow Margin	-2.07%	-2.04%	0.48%	14.82%	-1.17%	5.81%
Free Cash Flow Per Share	-0.01	-0.01	0.00	0.05	-0.01	0.02
Cash Interest Paid	40.33	40.33	38.02	43.98	41.02	41.54
Cash Income Tax Paid	-	-0.9	0.47	0.13	0.73	0.64
Levered Free Cash Flow	-29.86	-24.64	30.3	294.57	-76.39	61.1
Unlevered Free Cash Flow	-4.53	0.59	53.97	321.19	-49.81	87.11
Change in Working Capital	-49.76	-37.8	49.64	338.81	-171.1	-79.8

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