Pha Lai Thermal Power JSC (HOSE:PPC)

Pha Lai Thermal Power JSC Cash Flow Statement

Financials in millions VND. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
Net Income	169,858	427,066	380,102	487,451	216,188
Depreciation & Amortization	45,805	57,083	61,057	61,538	58,477
Other Amortization	359.6	718.7	-	-	292.96
Loss (Gain) on Sale of Assets	-46,904	-	-	-	-452,792
Change in Accounts Receivable	570,125	98,489	-90,653	-1,395,008	851,541
Change in Inventory	-15,756	33,045	-193,720	19,459	222,097
Change in Accounts Payable	-379,866	253,359	76,229	39,862	-64,106
Change in Other Net Operating Assets	-874.7	-11,556	-11,389	4,100	-15,555
Other Operating Activities	-23,202	-365,073	-524,687	-294,958	-285,521
Operating Cash Flow	319,543	493,133	-303,061	-1,077,557	530,622
Operating Cash Flow Growth	-35.20%	-	-	-	-41.29%
Capital Expenditures	-19,530	-5,432	-12,169	-75,114	-15,991
Sale of Property, Plant & Equipment	456.16	-	-	-	416.17
Investment in Securities	-	-	-	-	1,075,000
Other Investing Activities	173,470	303,072	356,983	305,680	493,172
Investing Cash Flow	114,396	397,640	522,981	755,566	1,552,598
Common Dividends Paid	-63,991	-888,793	-256,775	-144,214	-1,830,073
Financing Cash Flow	-63,991	-888,793	-256,775	-144,214	-1,830,073
Net Cash Flow	369,949	1,980	-36,855	-466,205	253,146
Free Cash Flow	300,013	487,701	-315,230	-1,152,671	514,631
Free Cash Flow Growth	-38.48%	-	-	-	-39.72%
Free Cash Flow Margin	4.57%	6.35%	-5.42%	-21.89%	13.30%
Free Cash Flow Per Share	935.75	1521.15	-983.21	-3595.21	1605.15
Cash Interest Paid	-	480.12	419.92	-	-
Cash Income Tax Paid	-	-	5,245	-	97,730
Levered Free Cash Flow	540,036	449,912	-65,984	-1,078,015	810,600
Unlevered Free Cash Flow	540,036	450,212	-65,722	-1,076,376	810,600
Change in Working Capital	173,627	373,338	-219,533	-1,331,588	993,977

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