MSM Malaysia Holdings Berhad (KLSE:MSM)

KLSE:MSM Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-419.83	-397.25	31.25	-49.88	-178.71	125.35
Depreciation & Amortization	84.08	86.81	82.81	82.28	82.05	81.38
Other Amortization	0.8	0.8	0.45	0.38	0.75	1.46
Loss (Gain) From Sale of Assets	-	-	-	-8.38	-1.93	-7.19
Asset Writedown & Restructuring Costs	360.67	360.67	0.92	0.6	0.22	-13.77
Provision & Write-off of Bad Debts	-0.27	-0.27	-0.4	-1.66	-3.23	4.84
Other Operating Activities	52.33	45.06	46.45	37.22	22.58	5.12
Change in Accounts Receivable	76.35	76.35	76.67	-108.39	28.89	-88.36
Change in Inventory	287.97	287.97	-450.34	45.47	59.97	-176.98
Change in Accounts Payable	-313.7	-313.7	433.42	-107.32	16.36	142.38
Change in Other Net Operating Assets	178.14	0.81	4.62	-1.28	2.08	-8.71
Operating Cash Flow	306.55	147.26	225.85	-110.96	29.02	63.61
Operating Cash Flow Growth	64.69%	-34.80%	-	-	-54.38%	-73.77%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-43.83	-45.63	-45.12	-56.4	-51.02	-41.77
Sale of Property, Plant & Equipment	-	-	-	15.52	11.99	0.9
Divestitures	-	-	-	-	4.01	181.11
Sale (Purchase) of Intangibles	-0.71	-0.9	-1.16	-0.63	-1.45	-1.76
Other Investing Activities	3.76	3.75	7.07	7.93	3.65	4.4
Investing Cash Flow	-40.78	-42.78	-39.21	-33.58	-32.82	142.88

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	-	-	-	-	20
Long-Term Debt Issued	-	2,388	2,366	1,968	1,313	1,146
Total Debt Issued	2,162	2,388	2,366	1,968	1,313	1,166
Short-Term Debt Repaid	-	-	-	-	-	-67.23
Long-Term Debt Repaid	-	-2,428	-2,603	-1,719	-1,228	-1,271
Total Debt Repaid	-2,405	-2,428	-2,603	-1,719	-1,228	-1,338
Net Debt Issued (Repaid)	-242.81	-39.76	-236.85	248.82	85.75	-171.66
Common Dividends Paid	-	-	-	-	-21.09	-
Other Financing Activities	-42.91	-44.69	-54.42	-46.35	-34.1	-39.38
Financing Cash Flow	-285.72	-84.44	-291.27	202.47	30.56	-211.04

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-0.27	-0.12	-0.06	-0.57	-0.56	2.7
Net Cash Flow	-20.22	19.92	-104.69	57.36	26.19	-1.84

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	262.72	101.63	180.73	-167.37	-22	21.85
Free Cash Flow Growth	91.15%	-43.77%	-	-	-	-90.08%
Free Cash Flow Margin	9.07%	3.28%	5.10%	-5.41%	-0.86%	0.97%
Free Cash Flow Per Share	0.37	0.14	0.26	-0.24	-0.03	0.03
Levered Free Cash Flow	247.54	80.18	166.46	-184.37	41.27	71.75
Unlevered Free Cash Flow	271.65	105.61	194.16	-154.52	61.26	95.06

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	42.91	44.69	54.42	46.35	34.1	38.68
Cash Income Tax Paid	24.94	27.7	30.66	14.21	23.71	30.54
Change in Working Capital	228.77	51.44	64.37	-171.51	107.3	-131.67

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 8, 2026

Data Sources Report a data error