WHA Corporation 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	5,135	4,359	4,426	4,046	2,590
Depreciation & Amortization	1,029	914.7	709.38	610.51	619.99
Other Amortization	10.93	11.43	13.34	14.27	13.27
Gain (Loss) on Sale of Assets	-16.93	0	-9.7	-1,829	-2,110
Gain (Loss) on Sale of Investments	344.35	58.41	288.92	109.94	-64.05
Asset Writedown	1.16	0.29	0	-	-
Income (Loss) on Equity Investments	-1,800	-1,736	-1,496	-585.28	-325.07
Change in Accounts Receivable	-255.37	-142.12	-122.46	-119.07	11.18
Change in Accounts Payable	-2,325	2,169	570.98	-130.76	493.15
Change in Other Net Operating Assets	946.38	233.46	2,144	-628.98	-330.18
Other Operating Activities	1,845	2,384	1,768	1,277	1,891
Operating Cash Flow	1,323	2,926	8,022	4,422	2,674
Operating Cash Flow Growth	-54.78%	-63.53%	81.40%	65.40%	1.82%
Acquisition of Real Estate Assets	-3,382	-4,319	-3,776	-3,743	-2,695
Sale of Real Estate Assets	24.83	0.09	18.5	4,271	5,543
Net Sale / Acq. of Real Estate Assets	-3,357	-4,319	-3,758	527.65	2,849
Investment in Marketable & Equity Securities	-35.1	-311.28	-3,083	-499.85	-562.22
Other Investing Activities	-38.33	-419.39	50.35	-66.49	-534.65
Investing Cash Flow	-3,431	-5,050	-6,791	-38.68	1,752
Short-Term Debt Issued	5,350	7,760	9,850	3,299	10,890
Long-Term Debt Issued	10,470	17,010	10,600	15,510	8,790
Total Debt Issued	15,820	24,770	20,450	18,809	19,680
Short-Term Debt Repaid	-5,100	-10,310	-8,000	-4,700	-9,850
Long-Term Debt Repaid	-9,930	-7,287	-11,540	-12,485	-12,774
Total Debt Repaid	-15,030	-17,597	-19,540	-17,185	-22,624
Net Debt Issued (Repaid)	789.97	7,173	909.66	1,624	-2,944
Common Dividends Paid	-2,849	-2,749	-2,499	-2,098	-1,694
Other Financing Activities	-431.63	-570.85	-325	-344.2	-21.4
Foreign Exchange Rate Adjustments	-17.51	-3.66	-14.78	10.14	13.06
Net Cash Flow	-4,616	1,726	-698.18	3,575	-221.7
Cash Interest Paid	1,137	1,337	1,222	1,220	1,226
Cash Income Tax Paid	812.55	606.64	273.32	202.56	476.04
Levered Free Cash Flow	-2,361	706.79	4,175	5,290	1,671
Unlevered Free Cash Flow	-1,546	1,540	4,921	5,968	2,352
Change in Working Capital	-5,226	-3,066	2,325	779.03	57.92

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