DEN Networks 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	2,001	2,147	2,833	1,759	1,980
Depreciation & Amortization	1,041	1,113	755.8	1,464	2,494
Other Amortization	16.42	15.6	13.77	17.98	12.26
Loss (Gain) From Sale of Assets	-1.59	-0.9	-1.73	-3.11	10.45
Asset Writedown & Restructuring Costs	39.4	7.46	-	81.76	3.95
Loss (Gain) From Sale of Investments	-1,595	-1,318	-611.82	-1,078	-1,360
Loss (Gain) on Equity Investments	-2.19	16.68	-	20.9	76
Provision & Write-off of Bad Debts	6.4	60.91	1.28	93.36	431.48
Other Operating Activities	-754.83	-760.77	-1,630	-416.7	-126.58
Change in Accounts Receivable	-397.18	-207.03	82.01	176.19	254.96
Change in Accounts Payable	377.63	10.03	207	-163.81	-655.21
Change in Other Net Operating Assets	-548.38	-246.88	-437.36	-662.9	-943.84
Operating Cash Flow	183	836.28	1,212	1,290	2,177
Operating Cash Flow Growth	-78.12%	-30.99%	-6.05%	-40.77%	-18.74%
Capital Expenditures	-414.37	-538.21	-786.78	-1,031	-1,117
Sale of Property, Plant & Equipment	10.86	5.84	-	11.57	25.5
Cash Acquisitions	-	-	-770	-	-
Divestitures	-	-	448.14	-	-
Investment in Securities	-888.46	-726.16	698.45	-1,685	-4,055
Other Investing Activities	1,066	585.1	135.59	114.61	1,521
Investing Cash Flow	-217.79	-662.43	-274.6	-2,579	-3,612
Short-Term Debt Repaid	-	-	-	-	-2,133
Long-Term Debt Repaid	-45.72	-43.21	-25.2	-	-3.61
Total Debt Repaid	-45.72	-43.21	-25.2	-	-2,137
Net Debt Issued (Repaid)	-45.72	-43.21	-25.2	-	-2,137
Other Financing Activities	-25.83	-22.72	-1,105	959	3,481
Financing Cash Flow	-71.55	-65.93	-1,130	959	1,344
Miscellaneous Cash Flow Adjustments	-	-	-	-0.48	-
Net Cash Flow	-106.34	107.92	-192.49	-330.57	-90.06
Free Cash Flow	-231.37	298.07	425.07	258.53	1,060
Free Cash Flow Growth	-	-29.88%	64.42%	-75.62%	-44.07%
Free Cash Flow Margin	-2.30%	2.76%	3.83%	2.11%	8.11%
Free Cash Flow Per Share	-0.48	0.63	0.89	0.54	2.22
Cash Interest Paid	-	-	-	2.78	42.48
Cash Income Tax Paid	316.45	69.62	-263.18	-96.31	-630.62
Levered Free Cash Flow	464.03	796.26	-1,493	1,404	4,893
Unlevered Free Cash Flow	477.09	812.34	-1,484	1,405	4,914
Change in Working Capital	-567.93	-443.88	-148.35	-650.52	-1,344

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