Dialog Axiata Cash Flow Statement

Financials in millions LKR. Fiscal year is January - December.

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	20,770	12,459	20,124	-33,388	17,061
Depreciation & Amortization	48,166	34,223	32,186	32,656	27,354
Other Amortization	-	11,274	8,859	8,867	8,428
Loss (Gain) From Sale of Assets	-	-47.78	21.7	33.94	-10.2
Asset Writedown & Restructuring Costs	-	289.61	227.07	7,806	231
Loss (Gain) From Sale of Investments	-	1,732	616.01	2,096	997.07
Loss (Gain) on Equity Investments	-	34.59	70.36	78.08	28.77
Stock-Based Compensation	-	-	-	-	290.18
Provision & Write-off of Bad Debts	-	-86.26	-	-71.43	-
Other Operating Activities	-3,408	-3,360	-6,446	28,809	2,938
Change in Accounts Receivable	-	-6,169	-10,600	-27,685	-10,867
Change in Inventory	-	1,173	-167.58	638.32	-2,534
Change in Accounts Payable	-	1,798	-20,595	34,072	9,942
Change in Other Net Operating Assets	-	-3,837	-2,968	2,740	477.79
Operating Cash Flow	65,527	49,483	21,326	56,653	54,336
Operating Cash Flow Growth	32.42%	132.03%	-62.36%	4.26%	21.64%
Capital Expenditures	-23,486	-30,120	-37,702	-56,804	-35,636
Sale of Property, Plant & Equipment	86.44	45.77	118.48	8.57	30.83
Cash Acquisitions	-	-5,510	-	-	13.57
Sale (Purchase) of Intangibles	-4,206	-4,275	-6,278	-3,039	-3,473
Investment in Securities	271.17	1,006	-	-238.34	-227.51
Other Investing Activities	0.29	-	-	-	0.24
Investing Cash Flow	-27,334	-38,853	-43,862	-60,072	-39,292
Long-Term Debt Issued	69,388	38,684	45,710	74,159	18,335
Long-Term Debt Repaid	-99,406	-39,800	-46,871	-43,106	-26,596
Net Debt Issued (Repaid)	-30,018	-1,117	-1,161	31,053	-8,262
Common Dividends Paid	-17,785	-3,760	-	-10,169	-6,068
Other Financing Activities	-20.53	-2.71	-	5.13	-8.79
Financing Cash Flow	-47,824	-4,880	-1,161	20,889	-14,339
Foreign Exchange Rate Adjustments	1,372	-2,110	-680.95	-197	235.72
Net Cash Flow	-8,258	3,640	-24,378	17,272	940.02
Free Cash Flow	42,041	19,364	-16,376	-151.25	18,700
Free Cash Flow Growth	117.11%	-	-	-	-27.50%
Free Cash Flow Margin	23.40%	11.31%	-9.01%	-0.08%	13.18%
Free Cash Flow Per Share	4.58	2.21	-1.99	-0.02	2.26
Cash Interest Paid	8,574	9,471	10,466	2,488	1,920
Cash Income Tax Paid	2,819	2,536	3,125	5,976	1,664
Levered Free Cash Flow	34,831	37,983	-31,969	5,293	15,528
Unlevered Free Cash Flow	41,903	44,143	-25,687	8,611	16,885
Change in Working Capital	-	-7,034	-34,331	9,766	-2,982

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