TPCS 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	90.6	-5.52	83.04	285.21	106.73
Depreciation & Amortization	83.9	84.08	69.43	71.49	66.85
Other Amortization	1.05	1.21	0.78	0.71	0.67
Loss (Gain) From Sale of Assets	-0.39	-0.06	-1.82	0	-1.5
Asset Writedown & Restructuring Costs	11.62	18.93	-3.49	24.68	-
Loss (Gain) From Sale of Investments	-17.79	14.05	63.81	34.39	-14.01
Loss (Gain) on Equity Investments	-2.41	2.15	6.9	12.23	9.14
Provision & Write-off of Bad Debts	-0.03	0.27	0.08	1.28	0.63
Other Operating Activities	-56.07	-47	-32.07	-60.35	-35.03
Change in Accounts Receivable	1.33	17.98	55.45	-78.17	-14.63
Change in Inventory	12.98	42.43	-6.55	-72.47	-36.68
Change in Accounts Payable	-19.23	-11.1	-55.35	67.55	9.55
Change in Other Net Operating Assets	-3.96	-8.4	9.28	-23.12	8.74
Operating Cash Flow	101.61	109.01	189.46	263.44	100.44
Operating Cash Flow Growth	-6.78%	-42.47%	-28.08%	162.28%	246.16%
Capital Expenditures	-29.9	-51.38	-254.64	-91.96	-79.67
Sale of Property, Plant & Equipment	5.55	0.3	6.36	0.35	1.87
Divestitures	-	-	0.2	-	15
Sale (Purchase) of Intangibles	-0.53	-4.03	-2.54	-11.4	-24.75
Investment in Securities	-164.48	-127.66	166.71	-72.36	95.28
Other Investing Activities	47.19	92.28	37.59	46.77	42.91
Investing Cash Flow	-142.17	-90.48	-46.33	-128.61	50.63
Common Dividends Paid	-27	-70.2	-108	-81	-64.8
Other Financing Activities	-10.37	-	-	-	-33.64
Financing Cash Flow	-37.37	-70.2	-108	-81	-98.44
Net Cash Flow	-77.93	-51.67	35.14	53.82	52.64
Free Cash Flow	71.71	57.62	-65.17	171.47	20.77
Free Cash Flow Growth	24.45%	-	-	725.51%	-
Free Cash Flow Margin	5.41%	4.67%	-4.54%	9.56%	2.23%
Free Cash Flow Per Share	0.67	0.52	-0.60	1.59	0.19
Cash Income Tax Paid	1.25	7.93	14.97	1.24	1.52
Levered Free Cash Flow	89.53	48.7	-108.81	50.44	-48.6
Unlevered Free Cash Flow	89.53	48.7	-108.81	50.44	-47.93
Change in Working Capital	-8.88	40.91	2.82	-106.2	-33.02

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