Adani Total Gas 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	6,544	6,675	5,465	5,094	4,628
Depreciation & Amortization	1,978	1,530	1,097	791.3	592.9
Other Amortization	57.5	48.8	33.7	36	35.5
Loss (Gain) on Sale of Assets	41.5	-0.5	-	-0.8	-0.4
Loss (Gain) on Sale of Investments	-33.3	0.1	-5.3	-1.8	-5.7
Loss (Gain) on Equity Investments	-150.3	-179	-173.5	-	-
Change in Accounts Receivable	-166.2	-1,022	-1,029	-891.6	-430.1
Change in Inventory	-164.9	-82.1	-141.8	-247.7	-107.1
Change in Accounts Payable	-165.3	344.4	1,415	622.4	482.4
Change in Other Net Operating Assets	378.9	1,063	1,064	1,536	835.5
Other Operating Activities	1,274	1,143	776.7	372.2	507.3
Operating Cash Flow	9,639	9,551	8,529	7,321	6,535
Operating Cash Flow Growth	0.92%	11.99%	16.49%	12.03%	32.72%
Capital Expenditures	-9,409	-7,993	-11,754	-9,506	-6,064
Sale of Property, Plant & Equipment	0.7	0.8	-	2.4	0.9
Investment in Securities	-245.3	259.9	-216.2	-2,141	-4,993
Other Investing Activities	320.2	209.7	304	314.6	3,351
Investing Cash Flow	-9,334	-7,523	-11,666	-11,330	-7,705
Short-Term Debt Issued	-	-	2,279	4,161	655
Long-Term Debt Issued	8,397	8,015	5,900	1,500	750
Total Debt Issued	8,397	8,015	8,179	5,661	1,405
Short-Term Debt Repaid	-4,445	-2,813	-	-	-
Long-Term Debt Repaid	-1,217	-4,284	-4,504	-656	-610.8
Total Debt Repaid	-5,662	-7,096	-4,504	-656	-610.8
Net Debt Issued (Repaid)	2,735	918.7	3,675	5,005	794.2
Common Dividends Paid	-275	-275	-275	-275	-
Other Financing Activities	-1,896	-1,421	-453.7	-512.6	-408.1
Financing Cash Flow	563.5	-777.3	2,947	4,218	386.1
Net Cash Flow	868.6	1,251	-190.9	209	-783.9
Free Cash Flow	229.5	1,558	-3,225	-2,185	470.7
Free Cash Flow Growth	-85.27%	-	-	-	-6.81%
Free Cash Flow Margin	0.46%	3.48%	-7.37%	-7.19%	2.78%
Free Cash Flow Per Share	0.21	1.42	-2.93	-1.99	0.43
Cash Interest Paid	1,881	1,421	453.7	512.6	408.1
Cash Income Tax Paid	1,694	1,867	1,545	1,474	1,343
Levered Free Cash Flow	-55.83	-673.7	-8,317	-3,910	2,333
Unlevered Free Cash Flow	487.05	-58.58	-7,977	-3,608	2,565
Change in Working Capital	-117.5	303.3	1,308	1,019	780.7

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