BKK:WIN 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	1.45	1.98	12.73	-18.73	66.46
Depreciation & Amortization	12.66	13.56	14.42	15.88	13.83
Other Amortization	0.02	0.01	0.01	0.01	-
Gain (Loss) on Sale of Assets	-	1.77	-1.75	-1.94	-86.49
Gain (Loss) on Sale of Investments	-0.03	-0.09	-2.28	-0.01	-
Asset Writedown	0.01	0.01	0.02	0.86	3.66
Income (Loss) on Equity Investments	0.71	1.26	0.25	-	-
Change in Accounts Receivable	-26.7	1.52	-0.04	-6.87	2.84
Change in Accounts Payable	47.46	7.82	0.3	4.46	6.55
Change in Other Net Operating Assets	3.95	-3.27	1.97	2.12	-0.69
Other Operating Activities	-4.36	9.1	11.46	8.11	15.82
Operating Cash Flow	35.95	25.23	26.73	22.85	53.32
Operating Cash Flow Growth	42.47%	-5.60%	16.99%	-57.15%	-
Acquisition of Real Estate Assets	-11.16	-0.58	-0.85	-7.13	-30.04
Sale of Real Estate Assets	-	2.79	0.49	6.01	1.12
Net Sale / Acq. of Real Estate Assets	-11.16	2.21	-0.37	-1.12	-28.92
Cash Acquisition	-2.85	-	-	-	-
Investment in Marketable & Equity Securities	-0.14	0.17	0.81	-0.93	-
Other Investing Activities	-0.45	0.03	-0.01	-1.2	-0.19
Investing Cash Flow	-14.64	2.4	0.43	-3.32	-29.3
Short-Term Debt Issued	2	1.22	-	3.22	-
Long-Term Debt Issued	0.87	-	-	-	-
Total Debt Issued	2.87	1.22	-	3.22	-
Short-Term Debt Repaid	-1.18	-	-1.57	-1.6	-1.26
Long-Term Debt Repaid	-18.97	-18.87	-19.71	-12.18	-11.41
Total Debt Repaid	-20.15	-18.87	-21.27	-13.78	-12.68
Net Debt Issued (Repaid)	-17.27	-17.65	-21.27	-10.56	-12.68
Other Financing Activities	-6.89	-9.12	-10.84	-8.59	-10.07
Net Cash Flow	-2.85	0.87	-4.95	0.38	1.27
Cash Interest Paid	6.89	8.7	9.27	7.93	9.43
Cash Income Tax Paid	5.01	2.92	3.25	0.27	1.72
Levered Free Cash Flow	36.7	31.3	21.67	-8.05	-10.34
Unlevered Free Cash Flow	42.92	37.13	29.41	-1.89	-3.63
Change in Working Capital	24.15	-2.73	-10.5	-0.38	28.48

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