AirAsia X Berhad Cash Flow Statement

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

Millions MYR. 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	Jun '21 Jun 30, 2021
Net Income	191.75	207.13	331.51	22,206	-22,450
Depreciation & Amortization	215.11	206.07	184.4	26.85	641
Loss (Gain) From Sale of Assets	-	-	-	-	7.06
Asset Writedown & Restructuring Costs	-	-	-	-104.68	3,051
Loss (Gain) From Sale of Investments	-	5.96	15.21	5.63	-
Provision & Write-off of Bad Debts	-	-14.81	16.15	0.99	-
Other Operating Activities	29.08	106.85	-87.83	-22,321	17,746
Change in Accounts Receivable	-156.74	-252.28	-241.24	825.42	334.06
Change in Inventory	-4.16	-1.73	2.22	-	2.57
Change in Accounts Payable	192.01	126.4	58.94	-188.59	281.16
Change in Unearned Revenue	-157.35	-84.61	-75.9	159.11	-150.59
Change in Other Net Operating Assets	-47.14	96.06	-249.18	-535.9	-20.37
Operating Cash Flow	262.55	395.04	-45.73	73.58	-28.38
Operating Cash Flow Growth	-33.54%	-	-	-	-
Capital Expenditures	-30.85	-18.62	-15.25	-1.35	-2.9
Other Investing Activities	-	-12.2	-	-	-
Investing Cash Flow	-30.85	-30.81	-15.25	-1.35	-2.9
Long-Term Debt Repaid	-312.99	-261.8	-112.01	-	-
Total Debt Repaid	-312.99	-261.8	-112.01	-13.4	-155.02
Net Debt Issued (Repaid)	-312.99	-261.8	-112.01	-13.4	-155.02
Issuance of Common Stock	-	-	49.5	-	-
Other Financing Activities	-	-	-	3.76	29.8
Financing Cash Flow	-312.99	-261.8	-62.51	-9.64	-125.23
Foreign Exchange Rate Adjustments	-6.23	2.46	4.47	9.57	-2.93
Net Cash Flow	-87.52	104.89	-119.02	72.16	-159.44
Free Cash Flow	231.7	376.42	-60.98	72.23	-31.28
Free Cash Flow Growth	-38.45%	-	-	-	-
Free Cash Flow Margin	6.97%	11.54%	-2.41%	13.12%	-4.14%
Free Cash Flow Per Share	0.52	0.84	-0.14	0.17	-0.01
Cash Interest Paid	-	3.9	1.42	-	1.7
Cash Income Tax Paid	-	0.58	0.19	-	-0.06
Levered Free Cash Flow	82.57	360.37	349.18	-	-
Unlevered Free Cash Flow	95.28	422.28	408.29	-	-
Change in Working Capital	-173.39	-116.16	-505.15	260.05	446.82

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