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 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	12,333	6,083	1,811	-14.9	-496.2
Depreciation & Amortization	464.3	473.1	501.5	553.8	578.6
Loss (Gain) From Sale of Assets	21.5	1.2	3.7	3.1	-1,591
Provision & Write-off of Bad Debts	400	780.8	268.4	11.6	366.4
Other Operating Activities	81.3	-264.3	1,674	330.9	878.1
Change in Accounts Receivable	-7,473	-1,095	858.6	120.3	2,853
Change in Inventory	-5,208	-1,197	527.1	-212.8	-429.8
Change in Accounts Payable	5,445	1,410	-1,683	-452.8	-145
Change in Other Net Operating Assets	11,035	2,844	1,223	-712.6	-1,933
Operating Cash Flow	17,099	9,036	5,184	-373.4	82.1
Operating Cash Flow Growth	89.23%	74.31%	-	-	-97.36%
Capital Expenditures	-1,884	-873.7	-291.6	-164.3	-248.6
Sale of Property, Plant & Equipment	-	-	-	101.1	-
Divestitures	-	-	-	-	1,406
Investment in Securities	-8.3	5.3	-4.1	91	-7.3
Other Investing Activities	-3,216	-4,089	-1,428	1.9	7.9
Investing Cash Flow	-5,108	-4,958	-1,724	29.7	1,158
Short-Term Debt Issued	-	-	-	563.5	-
Total Debt Issued	-	-	-	563.5	-
Short-Term Debt Repaid	-	-4.3	-2,194	-	-578.4
Long-Term Debt Repaid	-161.1	-154.1	-155.4	-171.7	-215.8
Total Debt Repaid	-161.1	-158.4	-2,349	-171.7	-794.2
Net Debt Issued (Repaid)	-161.1	-158.4	-2,349	391.8	-794.2
Common Dividends Paid	-1,280	-512	-	-	-
Other Financing Activities	-28.9	-20.2	-237.6	-306.2	-230.7
Financing Cash Flow	-1,470	-690.6	-2,587	85.6	-1,025
Foreign Exchange Rate Adjustments	20.3	4.7	-0.6	-3.2	3.3
Miscellaneous Cash Flow Adjustments	-	0.1	-	-	-
Net Cash Flow	10,541	3,393	872.7	-261.3	218.5
Free Cash Flow	15,215	8,162	4,892	-537.7	-166.5
Free Cash Flow Growth	86.41%	66.85%	-	-	-
Free Cash Flow Margin	24.52%	19.02%	15.44%	-1.94%	-0.54%
Free Cash Flow Per Share	59.41	31.88	19.11	-2.10	-0.65
Cash Interest Paid	28.9	20.2	237.6	306.2	230.7
Cash Income Tax Paid	4,920	2,055	208.9	284.6	229.5
Levered Free Cash Flow	11,810	2,787	3,102	-241.29	846.1
Unlevered Free Cash Flow	11,902	2,876	3,279	21.28	1,088
Change in Working Capital	3,799	1,962	925.9	-1,258	345.7

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