Thai Reinsurance PCL Cash Flow Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	125.19	227.12	209.58	-193.68	-356.46	222
Depreciation & Amortization	53.73	32.86	21.95	26.07	25.83	26.63
Other Operating Activities	-42.46	-192.85	-576.08	217.45	624.37	-184.9
Operating Cash Flow	136.46	67.13	-344.55	49.84	293.74	63.72
Operating Cash Flow Growth	75.43%	-	-	-83.03%	360.96%	-
Capital Expenditures	-50.4	-118.47	-187.15	-43.43	-46.63	-36.5
Sale of Property, Plant & Equipment	0.42	109.25	2.61	0.58	0.17	0.45
Investment in Securities	-0.09	-	-8.65	-	-	-
Investing Cash Flow	-50.06	-9.22	-193.19	-42.85	-46.46	-36.05
Total Debt Repaid	-8.13	-6.49	-4.35	-3.33	-2.84	-2.29
Net Debt Issued (Repaid)	-8.13	-6.49	-4.35	-3.33	-2.84	-2.29
Issuance of Common Stock	-	-	336.11	-	-	-
Common Dividends Paid	-	-	-	-	-168.6	-
Other Financing Activities	-12.76	-13.07	240.98	-	-	-
Financing Cash Flow	-20.89	-19.56	572.74	-3.33	-171.44	-2.29
Miscellaneous Cash Flow Adjustments	0.01	-0.01	-0.02	-0.01	-0.05	-0.14
Net Cash Flow	65.52	38.34	34.97	3.65	75.79	25.24
Free Cash Flow	86.06	-51.34	-531.71	6.41	247.11	27.22
Free Cash Flow Growth	-	-	-	-97.41%	807.71%	-
Free Cash Flow Margin	1.54%	-0.92%	-10.60%	0.14%	5.32%	0.61%
Free Cash Flow Per Share	0.02	-0.01	-0.13	0.00	0.06	0.01
Cash Income Tax Paid	41.19	24.91	7.49	12.42	31.21	18.16
Levered Free Cash Flow	-3,072	-378.45	245.8	-336.48	-40.69	141.74
Unlevered Free Cash Flow	-3,071	-377.52	246.4	-336.3	-40.44	141.99

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