World Flex 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	-87	-130.38	-141.19	198.49	359.1
Depreciation & Amortization	157.13	165.98	163.35	124.62	73.51
Loss (Gain) From Sale of Assets	-0.85	0.05	0.98	0.07	0.7
Asset Writedown & Restructuring Costs	7.47	-	-	-18.62	35.84
Other Operating Activities	15.54	51.96	19.01	-37.18	81.67
Change in Accounts Receivable	3.29	-40.69	1.91	-22.79	-87.12
Change in Inventory	66.57	52.82	32.77	63.76	-128.38
Change in Accounts Payable	-33.49	-75.05	-1.38	-145.43	150.03
Change in Other Net Operating Assets	40.68	-34.07	-58.3	3.88	-4.8
Operating Cash Flow	169.34	-9.39	17.14	166.8	480.56
Operating Cash Flow Growth	-	-	-89.72%	-65.29%	95.63%
Capital Expenditures	-18.02	-53.58	-86.98	-493.95	-531.2
Sale of Property, Plant & Equipment	1.99	0.24	1.7	0.04	0.64
Sale (Purchase) of Intangibles	-0	-0.01	-0.17	-0.58	-0.41
Other Investing Activities	0.14	0.39	0.79	0.56	0.05
Investing Cash Flow	-15.9	-52.96	-84.66	-493.94	-530.92
Short-Term Debt Issued	-	188.58	27.78	-	-
Long-Term Debt Issued	-	-	-	269.05	89.97
Total Debt Issued	-	188.58	27.78	269.05	89.97
Short-Term Debt Repaid	-17.73	-	-	-	-379.84
Long-Term Debt Repaid	-126.61	-109.07	-102.78	-27.75	-2.87
Total Debt Repaid	-144.34	-109.07	-102.78	-27.75	-382.71
Net Debt Issued (Repaid)	-144.34	79.51	-74.99	241.3	-292.74
Issuance of Common Stock	-	-	-	-	991.36
Common Dividends Paid	-	-	-97.48	-215.84	-40.28
Other Financing Activities	-14.61	-32.4	-19.85	-11.56	-26.68
Financing Cash Flow	-158.95	47.11	-192.33	13.9	631.66
Foreign Exchange Rate Adjustments	0.01	0.07	-0	0.08	0.08
Net Cash Flow	-5.49	-15.17	-259.85	-313.15	581.39
Free Cash Flow	151.33	-62.96	-69.84	-327.15	-50.63
Free Cash Flow Margin	7.00%	-2.05%	-2.52%	-8.82%	-1.34%
Free Cash Flow Per Share	0.33	-0.14	-0.15	-0.70	-0.15
Cash Interest Paid	12.58	21.73	16.82	7.85	13.44
Cash Income Tax Paid	-0.23	0.23	0.23	83.43	16
Levered Free Cash Flow	156.27	-44.19	-25.72	-476.32	-74.73
Unlevered Free Cash Flow	165.48	-23.78	-13.3	-473.83	-60.05
Change in Working Capital	77.05	-96.99	-25.01	-100.58	-70.27

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