GE Vernova T&D India Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	6,083	1,811	-14.9	-496.2	603.2
Depreciation & Amortization	473.1	501.5	553.8	578.6	657.4
Loss (Gain) From Sale of Assets	1.2	3.7	3.1	-1,591	-445.4
Provision & Write-off of Bad Debts	780.8	268.4	11.6	366.4	233.9
Other Operating Activities	-264.3	1,674	330.9	878.1	1,139
Change in Accounts Receivable	-1,095	858.6	120.3	2,853	-310.3
Change in Inventory	-1,197	527.1	-212.8	-429.8	698.9
Change in Accounts Payable	1,410	-1,683	-452.8	-145	1,234
Change in Other Net Operating Assets	2,844	1,223	-712.6	-1,933	-704
Operating Cash Flow	9,036	5,184	-373.4	82.1	3,106
Operating Cash Flow Growth	74.31%	-	-	-97.36%	-
Capital Expenditures	-873.7	-291.6	-164.3	-248.6	-
Sale of Property, Plant & Equipment	-	-	101.1	-	137.5
Divestitures	-	-	-	1,406	-
Investment in Securities	5.3	-4.1	91	-7.3	-19.8
Other Investing Activities	-4,089	-1,428	1.9	7.9	5.4
Investing Cash Flow	-4,958	-1,724	29.7	1,158	123.1
Short-Term Debt Issued	-	-	563.5	-	-
Total Debt Issued	-	-	563.5	-	-
Short-Term Debt Repaid	-4.3	-2,194	-	-578.4	-2,684
Long-Term Debt Repaid	-154.1	-155.4	-171.7	-215.8	-140.9
Total Debt Repaid	-158.4	-2,349	-171.7	-794.2	-2,825
Net Debt Issued (Repaid)	-158.4	-2,349	391.8	-794.2	-2,825
Common Dividends Paid	-512	-	-	-	-
Other Financing Activities	-20.2	-237.6	-306.2	-230.7	-413.7
Financing Cash Flow	-690.6	-2,587	85.6	-1,025	-3,239
Foreign Exchange Rate Adjustments	4.7	-0.6	-3.2	3.3	0.5
Miscellaneous Cash Flow Adjustments	0.1	-	-	-	-
Net Cash Flow	3,393	872.7	-261.3	218.5	-9.1
Free Cash Flow	8,162	4,892	-537.7	-166.5	3,106
Free Cash Flow Growth	66.85%	-	-	-	-
Free Cash Flow Margin	19.02%	15.44%	-1.94%	-0.54%	9.00%
Free Cash Flow Per Share	31.88	19.11	-2.10	-0.65	12.13
Cash Interest Paid	20.2	237.6	306.2	230.7	413.7
Cash Income Tax Paid	2,055	208.9	284.6	229.5	198.2
Levered Free Cash Flow	2,787	3,102	-241.29	846.1	3,057
Unlevered Free Cash Flow	2,876	3,279	21.28	1,088	3,428
Change in Working Capital	1,962	925.9	-1,258	345.7	918.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.