Pan Merchant Berhad (KLSE:PMIBHD)

Pan Merchant Berhad Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024
Net Income	4.99	7.68
Depreciation & Amortization	3.57	3.32
Loss (Gain) From Sale of Assets	-0.04	-0.1
Asset Writedown & Restructuring Costs	0.01	0.01
Provision & Write-off of Bad Debts	-0.13	0.21
Other Operating Activities	-2.4	1.01
Change in Accounts Receivable	15.29	-0.05
Change in Inventory	-2.75	1.99
Change in Accounts Payable	-3.15	2.56
Change in Unearned Revenue	-6.73	-1.84
Change in Other Net Operating Assets	0.59	-3.09
Operating Cash Flow	9.25	11.7
Operating Cash Flow Growth	-20.99%	-
Capital Expenditures	-1.07	-2.19
Sale of Property, Plant & Equipment	0.32	0.1
Investment in Securities	-20.36	-
Other Investing Activities	0.62	-0.65
Investing Cash Flow	-20.48	-2.74
Long-Term Debt Issued	-	3.02
Long-Term Debt Repaid	-19.94	-3.26
Net Debt Issued (Repaid)	-19.94	-0.24
Issuance of Common Stock	62.69	-
Other Financing Activities	-3.55	-1.84
Financing Cash Flow	39.2	-2.08
Foreign Exchange Rate Adjustments	0.67	-0.08
Net Cash Flow	28.63	6.8
Free Cash Flow	8.18	9.52
Free Cash Flow Growth	-14.06%	-
Free Cash Flow Margin	6.30%	6.72%
Free Cash Flow Per Share	0.01	0.01
Levered Free Cash Flow	9.04	-
Unlevered Free Cash Flow	9.75	-
Change in Working Capital	3.24	-0.43

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