Thai Nakarin Hospital PCL Cash Flow Statement

Financials in millions THB. Fiscal year is August - July.

Millions THB. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Net Income	354.02	394.78	434.92	350.57	425.35	293.42
Depreciation & Amortization	137.04	124.32	121.05	115.72	87.01	85.35
Other Amortization	1.56	1.56	1.49	0.74	0.68	1.13
Loss (Gain) From Sale of Assets	0.03	0.04	-0.49	-1.87	0.67	-2.67
Provision & Write-off of Bad Debts	7.42	3.2	8.66	1.71	13.18	0.9
Other Operating Activities	-14.34	-13.83	-3.42	5.84	1.94	25.43
Change in Accounts Receivable	-3.19	28.35	-25.83	147.81	-114.2	-146.18
Change in Inventory	-4.65	-3.04	-6.4	2.6	0.26	-3.01
Change in Accounts Payable	18.01	-5.49	22.56	2.11	9.38	37.5
Change in Other Net Operating Assets	1.6	-4.36	11.4	-18.76	37.94	17.58
Operating Cash Flow	497.51	525.54	563.93	606.48	462.21	309.44
Operating Cash Flow Growth	2.22%	-6.81%	-7.02%	31.21%	49.37%	-0.91%
Capital Expenditures	-281.76	-232.56	-189.06	-237.13	-283.29	-108.81
Sale of Property, Plant & Equipment	0.15	0.12	1.07	3.25	0.55	3.8
Sale (Purchase) of Intangibles	-7.58	-3.72	-2.12	-7.77	-2.32	-0.09
Investment in Securities	-197.95	-238.86	-282.69	332.55	247.95	-74.86
Other Investing Activities	22.3	22.8	19.89	9	-2.28	6.22
Investing Cash Flow	-464.83	-452.21	-452.92	99.89	-39.39	-173.73
Common Dividends Paid	-108	-108	-108	-108	-90	-81
Other Financing Activities	0	0	-	-	0	-
Financing Cash Flow	-108.25	-108	-108	-108	-90	-81
Net Cash Flow	-75.57	-34.67	3.01	598.37	332.82	54.7
Free Cash Flow	215.76	292.98	374.87	369.35	178.92	200.63
Free Cash Flow Growth	-11.82%	-21.84%	1.50%	106.43%	-10.82%	-20.32%
Free Cash Flow Margin	7.80%	10.51%	13.79%	15.27%	6.87%	9.75%
Free Cash Flow Per Share	1.20	1.63	2.08	2.05	0.99	1.11
Cash Income Tax Paid	94.47	100.8	101.64	81.47	108.86	50.48
Levered Free Cash Flow	168.13	203.95	418.63	116.68	109.65	130.62
Unlevered Free Cash Flow	168.14	203.95	418.63	116.68	109.65	130.62
Change in Working Capital	11.78	15.46	1.72	133.76	-66.61	-94.12

Updated Jan 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.