Muang Thai Insurance PCL 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	957.61	754.36	655.46	810.22	767.45	Upgrade
Depreciation & Amortization	-	133.83	112.77	95.91	90.14	Upgrade
Other Amortization	-	18.05	16.38	15.25	10.97	Upgrade
Other Operating Activities	-501.91	-509.36	75.83	-272.62	-296.84	Upgrade
Operating Cash Flow	455.7	396.89	860.43	648.77	571.71	Upgrade
Operating Cash Flow Growth	14.82%	-53.87%	32.63%	13.48%	168.57%	Upgrade
Capital Expenditures	-90.97	-88.48	-108.67	-167.96	-144.72	Upgrade
Purchase / Sale of Intangible Assets	-45.52	-59.87	-34.95	-15.02	-30.5	Upgrade
Investing Cash Flow	-136.49	-148.34	-143.62	-182.97	-175.22	Upgrade
Total Debt Repaid	-25.48	-34.35	-34.88	-30.15	-32.04	Upgrade
Net Debt Issued (Repaid)	-25.48	-34.35	-34.88	-30.15	-32.04	Upgrade
Common Dividends Paid	-471.92	-294.94	-364.62	-306.8	-266.09	Upgrade
Financing Cash Flow	-497.4	-329.29	-399.5	-336.95	-298.13	Upgrade
Miscellaneous Cash Flow Adjustments	0.02	0.02	0.04	0.11	-0.15	Upgrade
Net Cash Flow	-178.16	-80.73	317.35	128.95	98.21	Upgrade
Free Cash Flow	364.73	308.41	751.76	480.81	426.99	Upgrade
Free Cash Flow Growth	18.26%	-58.98%	56.35%	12.60%	140.85%	Upgrade
Free Cash Flow Margin	1.83%	2.24%	5.99%	4.25%	4.15%	Upgrade
Free Cash Flow Per Share	0.62	0.52	1.27	0.81	0.72	Upgrade
Cash Income Tax Paid	252.62	288.32	239.73	396.13	292.92	Upgrade
Levered Free Cash Flow	-19,490	1,513	1,444	1,664	635.84	Upgrade
Unlevered Free Cash Flow	-19,489	1,515	1,446	1,665	637.49	Upgrade

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