Ubis (Asia) 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	10.22	22	-73.77	-20.11	54.7
Depreciation & Amortization	26.81	25.1	24.41	20.67	21.09
Loss (Gain) From Sale of Assets	1.02	-15.88	-0.03	0.66	-0.11
Provision & Write-off of Bad Debts	-14.4	31.51	2.38	-1.17	3.12
Other Operating Activities	8.54	2.6	-0.49	2.13	6.36
Change in Accounts Receivable	108.36	-29.97	53.74	15.84	-23.76
Change in Inventory	-9.27	28.62	128.72	-27.25	-89.05
Change in Accounts Payable	-13.02	13.98	-21.68	-71.94	-0.36
Change in Other Net Operating Assets	-83.35	-5.73	5.84	-2.66	-10.95
Operating Cash Flow	34.91	72.23	119.13	-83.83	-38.97
Operating Cash Flow Growth	-51.67%	-39.37%	-	-	-
Capital Expenditures	-35.78	-9.15	-14.47	-29.11	-21.06
Sale of Property, Plant & Equipment	3.93	61.01	0.3	0.35	0.13
Cash Acquisitions	-120.07	-	0.98	-	-
Sale (Purchase) of Intangibles	-0.65	-0.24	-0.67	-2.75	-0.85
Other Investing Activities	-19.46	2.06	1.12	0.3	0.32
Investing Cash Flow	-177.02	53.68	-12.74	-31.22	-21.46
Short-Term Debt Issued	165.55	127.13	220	296.5	612
Long-Term Debt Issued	-	-	-	9	59
Total Debt Issued	165.55	127.13	220	305.5	671
Short-Term Debt Repaid	-58.98	-95	-282	-182	-517.3
Long-Term Debt Repaid	-12.04	-29.82	-34.44	-15.43	-12.53
Total Debt Repaid	-71.03	-124.82	-316.44	-197.43	-529.83
Net Debt Issued (Repaid)	94.52	2.31	-96.44	108.07	141.17
Issuance of Common Stock	-	0	-	228	-
Common Dividends Paid	-	-	-	-	-45.6
Other Financing Activities	-12.48	-9.53	-8.33	-5.76	-2.39
Financing Cash Flow	82.05	-7.21	-104.77	330.31	93.18
Foreign Exchange Rate Adjustments	-5.9	-0.69	-5.33	-6.46	1.47
Net Cash Flow	-65.98	118.01	-3.71	208.8	34.24
Free Cash Flow	-0.87	63.07	104.66	-112.94	-60.03
Free Cash Flow Growth	-	-39.74%	-	-	-
Free Cash Flow Margin	-0.11%	6.98%	11.78%	-10.82%	-5.18%
Free Cash Flow Per Share	-0.00	0.22	0.37	-0.41	-0.25
Cash Interest Paid	12.48	9.53	8.33	5.76	2.39
Cash Income Tax Paid	7.05	6.4	7.94	4.77	11.81
Levered Free Cash Flow	19.9	68.88	126.36	-107.83	-94.42
Unlevered Free Cash Flow	28.12	75.2	132.04	-103.89	-92.51
Change in Working Capital	2.73	6.9	166.63	-86.01	-124.12

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