BSM:BTCL Cash Flow Statement

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

Millions BWP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	205.54	202.2	157.53	117.78	140.79	137.92
Depreciation & Amortization	163.76	163.76	172.7	196.14	215.54	205.45
Other Amortization	35.76	35.76	54.34	37.59	41.31	44.78
Loss (Gain) From Sale of Assets	-32.11	-32.11	29.8	-3.92	0.75	0.51
Provision & Write-off of Bad Debts	24.97	24.97	12.15	-24.32	-3.19	12.87
Other Operating Activities	44.26	43.6	41.86	28.42	44.18	75.58
Change in Accounts Receivable	-209.29	-184.67	-62.98	-29.41	5	22.52
Change in Inventory	-5.77	5.47	0.35	-1.41	-8.2	4.03
Change in Accounts Payable	71.55	32.26	38.7	4.88	22.02	56.55
Operating Cash Flow	298.67	291.25	444.45	325.75	458.2	560.2
Operating Cash Flow Growth	-24.52%	-34.47%	36.44%	-28.91%	-18.21%	126.08%
Capital Expenditures	-428.24	-277.77	-144.53	-209.32	-113.05	-182.05
Sale of Property, Plant & Equipment	35.11	37.66	23.02	37.41	0.39	0.77
Sale (Purchase) of Intangibles	-35.26	-17.83	-62.51	-16.22	-20.9	-18.13
Investment in Securities	83.48	51.39	319.82	-78.77	-	-
Other Investing Activities	60.97	44.17	64.62	48.25	18.8	6.36
Investing Cash Flow	-283.94	-162.37	200.42	-218.65	-114.77	-193.04
Long-Term Debt Repaid	-	-34.01	-65.79	-79.13	-73.07	-67.07
Net Debt Issued (Repaid)	-38.23	-34.01	-65.79	-79.13	-73.07	-67.07
Common Dividends Paid	-152.43	-269.79	-89.18	-52.19	-92.68	-31.04
Other Financing Activities	-7.78	-7.44	-8.69	-3.1	-19.67	-28.86
Financing Cash Flow	-198.44	-311.23	-163.67	-134.42	-185.41	-126.97
Foreign Exchange Rate Adjustments	4.38	-0.63	0.78	-0.91	-0.85	5
Net Cash Flow	-179.34	-182.98	481.99	-28.23	157.17	245.18
Free Cash Flow	-129.58	13.48	299.92	116.43	345.15	378.15
Free Cash Flow Growth	-	-95.50%	157.60%	-66.27%	-8.73%	190.02%
Free Cash Flow Margin	-8.27%	0.90%	20.89%	8.32%	24.79%	26.51%
Free Cash Flow Per Share	-0.12	0.01	0.29	0.11	0.33	0.36
Cash Interest Paid	14.52	15.03	14.74	18.98	23.13	28.86
Cash Income Tax Paid	-	-1.17	0.07	1.03	0.17	-12.46
Levered Free Cash Flow	-270	-92.12	115.05	72.2	148.23	243.2
Unlevered Free Cash Flow	-260.99	-82.78	124.22	83.84	162.46	260.05
Change in Working Capital	-143.5	-146.94	-23.93	-25.94	18.83	83.11

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.