KLSE:GESHEN 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	Dec '21 Dec 31, 2021
Net Income	20	11.83	9.1	9.59	13.15
Depreciation & Amortization	12.02	11.91	12.16	11.77	12.17
Loss (Gain) From Sale of Assets	-6.61	-3.28	-0.16	-0.11	-0.22
Asset Writedown & Restructuring Costs	0.02	0.09	0.04	0.02	-
Loss (Gain) From Sale of Investments	-	-	-	-	0.34
Loss (Gain) on Equity Investments	-0.34	-	-	-	-0.45
Stock-Based Compensation	-	0.01	0.03	0.1	-
Provision & Write-off of Bad Debts	0.23	0.32	-0.94	0.09	-
Other Operating Activities	17.61	2.86	1.76	3.91	1.21
Change in Accounts Receivable	-33.13	-7.44	16.02	3.14	-4.64
Change in Inventory	10.62	3.61	-2.96	9.69	-8.8
Change in Accounts Payable	32.79	-4.85	-8.3	-7.8	-10.38
Operating Cash Flow	53.22	15.05	26.75	30.39	2.37
Operating Cash Flow Growth	253.59%	-43.74%	-11.98%	1180.20%	-85.00%
Capital Expenditures	-29.45	-11.44	-5.59	-4.63	-4.79
Sale of Property, Plant & Equipment	27.71	1.81	0.26	0.12	0.37
Cash Acquisitions	-7.33	-48	-14.01	-0.1	0.62
Divestitures	-	3.76	-	-	-
Other Investing Activities	0.35	0.4	-0.23	0.15	0.07
Investing Cash Flow	-8.72	-53.46	-19.57	-4.47	-3.73
Short-Term Debt Issued	3.53	1.23	3.09	-	56.68
Long-Term Debt Issued	3.56	46.8	9.83	1.86	-
Total Debt Issued	7.09	48.03	12.92	1.86	56.68
Short-Term Debt Repaid	-9.53	-2.54	-3.85	-7.9	-42.29
Long-Term Debt Repaid	-18.85	-12.4	-17.22	-9.06	-17
Total Debt Repaid	-28.38	-14.94	-21.07	-16.96	-59.29
Net Debt Issued (Repaid)	-21.29	33.09	-8.15	-15.09	-2.61
Issuance of Common Stock	0.37	28.91	14.07	-	4.32
Repurchase of Common Stock	-	-	-	-0.16	-
Common Dividends Paid	-14.21	-	-	-	-
Dividends Paid	-14.21	-	-	-	-
Other Financing Activities	3.83	-9	-3.19	-7.8	-5.95
Financing Cash Flow	-31.29	53	2.72	-23.05	-4.24
Foreign Exchange Rate Adjustments	0	2.31	1.68	0.98	0.48
Net Cash Flow	13.21	16.9	11.58	3.85	-5.12
Free Cash Flow	23.77	3.61	21.16	25.76	-2.42
Free Cash Flow Growth	557.97%	-82.93%	-17.85%	-	-
Free Cash Flow Margin	6.22%	1.28%	8.14%	10.00%	-0.99%
Free Cash Flow Per Share	0.07	0.01	0.06	0.08	-0.01
Cash Interest Paid	6.17	5.91	5.75	5.03	4.44
Cash Income Tax Paid	4.86	5.68	3.79	1.84	0.86
Levered Free Cash Flow	10.9	-11.35	15.84	19.96	-11.94
Unlevered Free Cash Flow	14.76	-7.65	19.46	23.1	-9.16
Change in Working Capital	10.29	-8.68	4.76	5.03	-23.82

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