AirAsia X Berhad Cash Flow Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Net Income	-25.84	179.25	207.13	331.51	22,206	32,804
Depreciation & Amortization	751.41	221.23	206.07	184.4	26.85	-
Asset Writedown & Restructuring Costs	-	-	-	-	-104.68	-
Loss (Gain) From Sale of Investments	7.14	7.14	5.96	15.21	5.63	-
Loss (Gain) on Equity Investments	-6.28	-	-	-	-	-
Provision & Write-off of Bad Debts	-0.61	-0.61	-14.81	16.15	0.99	-
Other Operating Activities	1,144	150.61	237.03	-87.83	-22,321	20.2
Change in Accounts Receivable	-4,642	-104.52	-252.28	-241.24	825.42	229.29
Change in Inventory	-3.89	-4.16	-1.73	2.22	-	-
Change in Accounts Payable	1,386	44.28	-35.73	58.94	-188.59	-33,025
Change in Unearned Revenue	-77.62	-119.44	-84.61	-75.9	159.11	67.66
Change in Other Net Operating Assets	1,322	-136.9	128.01	-249.18	-535.9	-161.35
Operating Cash Flow	-146.17	236.88	395.04	-45.73	73.58	-64.74
Operating Cash Flow Growth	-	-40.04%	-	-	-	-
Capital Expenditures	-64.32	-38.54	-18.62	-15.25	-1.35	-
Other Investing Activities	-4.5	-14.63	-12.2	-	-	-
Investing Cash Flow	422.28	-53.17	-30.81	-15.25	-1.35	-
Long-Term Debt Repaid	-	-281.12	-261.8	-112.01	-	-0
Total Debt Repaid	-1,956	-281.12	-261.8	-112.01	-13.4	-0
Net Debt Issued (Repaid)	-787.43	-281.12	-261.8	-112.01	-13.4	-0
Issuance of Common Stock	989.02	-	-	49.5	-	-
Other Financing Activities	-	-	-	-	3.76	2.43
Financing Cash Flow	201.6	-281.12	-261.8	-62.51	-9.64	2.43
Foreign Exchange Rate Adjustments	-23.64	-4.74	2.46	4.47	9.57	16
Net Cash Flow	454.07	-102.14	104.89	-119.02	72.16	-46.31
Free Cash Flow	-210.49	198.34	376.42	-60.98	72.23	-64.74
Free Cash Flow Growth	-	-47.31%	-	-	-	-
Free Cash Flow Margin	-2.52%	5.92%	11.54%	-2.41%	13.12%	-14.75%
Free Cash Flow Per Share	-0.18	0.43	0.84	-0.14	0.17	-0.16
Cash Interest Paid	127.46	-	-	1.42	-	1.03
Cash Income Tax Paid	27.1	-0.3	0.58	0.19	-	-
Levered Free Cash Flow	13,202	-161.91	236.87	349.18	-	-6,233
Unlevered Free Cash Flow	13,364	-105.68	298.78	408.29	-	-6,198
Change in Working Capital	-2,016	-320.74	-246.34	-505.15	260.05	-32,889

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