Linde 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 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	4,548	4,341	4,304	5,072	1,511
Depreciation & Amortization	2,137	2,009	2,022	1,811	1,756
Other Amortization	0.88	0.42	0.68	2.73	3.6
Loss (Gain) From Sale of Assets	-43.98	-64.12	-91.03	10.26	0.09
Loss (Gain) From Sale of Investments	-	-0.14	-	-	-
Loss (Gain) on Equity Investments	-70.32	-77.5	-69.04	-56.18	-17.04
Stock-Based Compensation	25.12	61.92	-	-	-
Provision & Write-off of Bad Debts	131.59	59.53	-9.89	-7.77	90.35
Other Operating Activities	-712.43	-721.69	-1,458	-1,963	364.89
Change in Accounts Receivable	830.02	-855.71	-666.46	4.18	-334.4
Change in Inventory	-216.02	-76.3	-66.46	-5.12	-31.87
Change in Accounts Payable	-883.45	793.37	-340.81	1,362	-
Change in Other Net Operating Assets	88.67	-1,066	1,408	-341.74	46.58
Operating Cash Flow	5,836	4,404	5,033	5,889	3,390
Operating Cash Flow Growth	32.52%	-12.51%	-14.52%	73.73%	3.74%
Capital Expenditures	-13,305	-5,717	-2,905	-1,367	-704.53
Sale of Property, Plant & Equipment	78.57	74.02	110.38	16.67	340.19
Sale (Purchase) of Real Estate	-	-	47.28	2,478	-
Investment in Securities	-401.76	-410.9	-191.01	2.38	-20
Other Investing Activities	579.82	659.43	487.31	-145.15	-157.02
Investing Cash Flow	-13,049	-5,394	-2,451	984.26	-541.36
Short-Term Debt Repaid	-	-	-	-	-1,085
Long-Term Debt Repaid	-36.77	-13.59	-	-18.01	-21.17
Total Debt Repaid	-36.77	-13.59	-14.25	-18.01	-1,106
Net Debt Issued (Repaid)	-36.77	-13.59	-14.25	-18.01	-1,106
Common Dividends Paid	-340.07	-382.74	-238.8	-255.85	-213.22
Other Financing Activities	-64.81	-53.41	-20.25	-7.69	-48.43
Financing Cash Flow	-1,122	-1,088	-955.57	-281.55	-2,007
Net Cash Flow	-8,334	-2,078	1,627	6,591	841.03
Free Cash Flow	-7,469	-1,313	2,128	4,522	2,685
Free Cash Flow Growth	-	-	-52.94%	68.40%	10.30%
Free Cash Flow Margin	-30.05%	-4.74%	8.18%	21.41%	18.25%
Free Cash Flow Per Share	-87.58	-15.39	24.95	53.02	31.48
Cash Interest Paid	35.96	18.99	20.25	7.69	48.43
Cash Income Tax Paid	1,895	1,532	1,530	1,267	655.76
Levered Free Cash Flow	-6,756	-348.74	-	3,147	2,183
Unlevered Free Cash Flow	-6,677	-303.31	-	3,166	2,222
Change in Working Capital	-180.78	-1,204	334.37	1,019	-319.69

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