BKK:MST Cash Flow Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
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	2020 - 2016
Net Income	220.51	462.13	364.91	628.23	760.79	Upgrade
Depreciation & Amortization, Total	111.44	114.98	120.61	124.08	124.85	Upgrade
Gain (Loss) On Sale of Investments	-9.36	-44.94	-35.28	211.47	372.55	Upgrade
Change in Accounts Receivable	3,206	556.59	2,966	2,378	-7,156	Upgrade
Change in Accounts Payable	1,305	-747.99	-2,570	736.92	1,154	Upgrade
Change in Other Net Operating Assets	1,633	101.25	917.78	445.37	-838.12	Upgrade
Other Operating Activities	52.94	390.95	207.39	288.39	129.23	Upgrade
Operating Cash Flow	6,527	833.91	2,035	4,821	-5,312	Upgrade
Capital Expenditures	-8.97	-29.79	-46.49	-50.66	-45.9	Upgrade
Sale (Purchase) of Intangibles	-6.37	-6.02	-14.85	-29.99	-21.47	Upgrade
Investing Cash Flow	-14.72	-35.25	-58.38	-80.38	-66.26	Upgrade
Short-Term Debt Issued	50,761	68,981	93,879	93,002	129,225	Upgrade
Total Debt Issued	50,761	68,981	93,879	93,002	129,225	Upgrade
Short-Term Debt Repaid	-56,892	-69,409	-95,391	-97,541	-122,523	Upgrade
Long-Term Debt Repaid	-74.59	-82.71	-86.53	-89.95	-93.67	Upgrade
Total Debt Repaid	-56,966	-69,491	-95,478	-97,631	-122,617	Upgrade
Net Debt Issued (Repaid)	-6,205	-510.48	-1,598	-4,629	6,608	Upgrade
Common Dividends Paid	-222.62	-279.7	-559.4	-462.36	-559.4	Upgrade
Financing Cash Flow	-6,427	-790.18	-2,158	-5,092	6,049	Upgrade
Net Cash Flow	85.37	8.27	-181.35	-350.14	670.07	Upgrade
Free Cash Flow	6,518	804.11	1,988	4,770	-5,358	Upgrade
Free Cash Flow Growth	710.62%	-59.56%	-58.32%	-	-	Upgrade
Free Cash Flow Margin	346.59%	35.06%	89.70%	179.22%	-167.16%	Upgrade
Free Cash Flow Per Share	11.42	1.41	3.48	8.36	-9.37	Upgrade
Cash Interest Paid	227.9	250.1	263.12	148.1	145.82	Upgrade
Cash Income Tax Paid	122.54	87.88	142.65	195.24	223.47	Upgrade

Source: S&P Capital IQ. Capital Markets template. Financial Sources.