BKK:UPOIC 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	218.9	162.82	203.51	317.28	306.81
Depreciation & Amortization	52.38	50.08	46.93	42.76	43.04
Loss (Gain) From Sale of Assets	1.29	-1.47	-1.07	2.77	4.48
Asset Writedown & Restructuring Costs	0.88	1.14	-0.03	-15.5	15.71
Loss (Gain) on Equity Investments	-15.47	-9.43	-62.55	-35.88	-3.57
Other Operating Activities	26.71	15.57	0.78	-83.94	-5.03
Change in Accounts Receivable	24.55	39.01	-35.72	189.88	-188.35
Change in Inventory	-93.57	-47.98	28.8	9.28	-104.54
Change in Accounts Payable	-3.9	2.96	0.5	-6.15	17.92
Change in Other Net Operating Assets	-2.9	-7.97	-4.1	8.27	2.87
Operating Cash Flow	208.87	204.74	177.05	428.76	89.34
Operating Cash Flow Growth	2.02%	15.64%	-58.71%	379.95%	-30.69%
Capital Expenditures	-244.89	-43.56	-76.96	-54.05	-35.62
Sale of Property, Plant & Equipment	0.94	1.65	2.78	0.21	3.1
Sale (Purchase) of Intangibles	-	-0.4	-0.24	-	-
Other Investing Activities	-9.97	57.5	30	-	-
Investing Cash Flow	-253.92	30.83	-43.5	-52.92	-31.6
Short-Term Debt Issued	390	-	90	-	-
Long-Term Debt Issued	107	-	-	-	110
Total Debt Issued	497	-	90	-	110
Short-Term Debt Repaid	-390	-130	-	-105	-100
Long-Term Debt Repaid	-0.82	-0.61	-58.74	-41.67	-10
Total Debt Repaid	-390.82	-130.61	-58.74	-146.67	-110
Net Debt Issued (Repaid)	106.18	-130.61	31.26	-146.67	-
Common Dividends Paid	-106.93	-97.2	-145.81	-162.02	-64.8
Financing Cash Flow	-0.74	-227.8	-114.55	-308.69	-64.8
Net Cash Flow	-45.79	7.76	19	67.15	-7.06
Free Cash Flow	-36.01	161.17	100.09	374.71	53.72
Free Cash Flow Growth	-	61.03%	-73.29%	597.58%	82.57%
Free Cash Flow Margin	-1.85%	9.04%	6.51%	16.04%	2.50%
Free Cash Flow Per Share	-0.11	0.50	0.31	1.16	0.17
Cash Interest Paid	3.13	3.15	4.59	3.08	4.18
Cash Income Tax Paid	43.45	37.13	36.73	74.82	22.51
Levered Free Cash Flow	-99.5	134	73.98	323.23	-74.1
Unlevered Free Cash Flow	-97.53	135.95	76.87	324.99	-71.33
Change in Working Capital	-75.82	-13.99	-10.52	201.28	-272.1

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