Thai Rung Union Car 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	275.12	380.17	183.23	394.1	78.43
Depreciation & Amortization	104.12	111.38	131.65	125.51	131.95
Loss (Gain) From Sale of Assets	-5.51	-145.06	-9.28	-2.52	-1.53
Asset Writedown & Restructuring Costs	2.41	8.34	-0.75	0.03	-
Loss (Gain) From Sale of Investments	-45.09	-9.46	5.4	9.88	0.93
Loss (Gain) on Equity Investments	-47.13	-52.97	-32.97	-62.73	-20.67
Stock-Based Compensation	0.23	0.91	2.8	6.04	6.19
Provision & Write-off of Bad Debts	-	0.58	-2.6	-10.04	-0.6
Other Operating Activities	-7.15	0.91	-69.66	39.07	19.45
Change in Accounts Receivable	-2.95	47.34	47.37	-104.74	-62.37
Change in Inventory	14.06	123.34	-64.94	-29.39	-2.79
Change in Accounts Payable	-47.76	-97.91	75.21	59.75	92.28
Change in Other Net Operating Assets	-8.32	-2.11	40.55	15.15	10.86
Operating Cash Flow	232.01	365.46	305.99	440.11	252.12
Operating Cash Flow Growth	-36.52%	19.43%	-30.47%	74.56%	10.33%
Capital Expenditures	-41.4	-51.87	-50.97	-70.96	-23.03
Sale of Property, Plant & Equipment	6.42	277.23	12.74	10.03	2.82
Investment in Securities	-44.22	-596.69	-128.41	-305.62	-121.66
Other Investing Activities	35.2	113.67	39.63	11.05	4.41
Investing Cash Flow	-43.99	-257.66	-127.01	-355.51	-137.46
Long-Term Debt Repaid	-4.59	-4.59	-4.59	-2.06	-13.13
Net Debt Issued (Repaid)	-4.59	-4.59	-4.59	-2.06	-13.13
Issuance of Common Stock	10.96	19.4	10.77	30.41	15.82
Repurchase of Common Stock	-65.57	-	-	-	-
Common Dividends Paid	-202.7	-134.5	-211.89	-	-
Other Financing Activities	-0.34	-1.39	-3.34	-60.43	-35.73
Financing Cash Flow	-262.24	-121.08	-209.05	-32.08	-33.03
Net Cash Flow	-74.22	-13.29	-30.07	52.52	81.63
Free Cash Flow	190.61	313.58	255.02	369.14	229.09
Free Cash Flow Growth	-39.22%	22.96%	-30.91%	61.13%	6.73%
Free Cash Flow Margin	10.44%	13.80%	10.58%	12.80%	11.58%
Free Cash Flow Per Share	0.28	0.47	0.38	0.55	0.35
Cash Interest Paid	0.34	0.49	0.64	0.13	0.29
Cash Income Tax Paid	18.51	45.7	65.43	57.91	8.6
Levered Free Cash Flow	144.65	382	193.59	290.46	214.27
Unlevered Free Cash Flow	144.86	382.31	193.99	290.54	214.45
Change in Working Capital	-44.98	70.66	98.18	-59.23	37.98

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