Horana Plantations Cash Flow Statement

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

Millions LKR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	137.4	180.63	104.51	170.06	42.45
Depreciation & Amortization	229.93	223.03	208.5	189.2	201.57
Other Amortization	-	0.88	0.09	-	-
Loss (Gain) From Sale of Assets	-	-	-	-0.11	-
Asset Writedown & Restructuring Costs	-48.45	-34.85	-10.52	31.75	56.31
Provision & Write-off of Bad Debts	-0.6	0.32	0.6	4.96	-0.4
Other Operating Activities	155.06	186.84	111.29	440.22	1.82
Change in Accounts Receivable	-153	-47.05	19.05	-64.89	-14.96
Change in Inventory	46.65	-78.39	-37.81	-124.64	-86
Change in Accounts Payable	15.08	68.45	-27.57	61.18	15.23
Change in Other Net Operating Assets	-24.24	70.65	-5.22	-26.18	29.78
Operating Cash Flow	357.84	570.5	362.91	681.56	245.81
Operating Cash Flow Growth	-37.28%	57.20%	-46.75%	177.28%	116.83%
Capital Expenditures	-392.68	-434.95	-434.66	-436.21	-303.58
Sale of Property, Plant & Equipment	-	-	-	0.19	-
Other Investing Activities	12.21	3.23	4.43	5.92	2.6
Investing Cash Flow	-380.47	-431.73	-430.24	-430.11	-300.99
Short-Term Debt Issued	350	150	150	-	-
Long-Term Debt Issued	500	90	800	473.3	263.48
Total Debt Issued	850	240	950	473.3	263.48
Short-Term Debt Repaid	-500	-	-	-	-
Long-Term Debt Repaid	-375.71	-594.42	-643.23	-700.49	-422.57
Total Debt Repaid	-875.71	-594.42	-643.23	-700.49	-422.57
Net Debt Issued (Repaid)	-25.71	-354.42	306.77	-227.19	-159.1
Common Dividends Paid	-35.79	-52.06	-56.25	-	-
Other Financing Activities	-	-	-	-0	-
Financing Cash Flow	-61.5	-406.49	250.52	-227.19	-159.1
Miscellaneous Cash Flow Adjustments	-	0	-	-	-
Net Cash Flow	-84.13	-267.71	183.2	24.27	-214.28
Free Cash Flow	-34.84	135.55	-71.75	245.35	-57.78
Free Cash Flow Margin	-0.88%	3.67%	-2.12%	6.47%	-2.25%
Free Cash Flow Per Share	-1.40	5.42	-2.87	9.81	-2.31
Cash Interest Paid	-	116.9	207.38	302.74	114.06
Cash Income Tax Paid	-	0.35	0.15	0.01	-
Levered Free Cash Flow	-214.22	-10.22	-177.79	76.36	-109.26
Unlevered Free Cash Flow	-109.86	87.39	-29.25	282.75	-26.18
Change in Working Capital	-115.51	13.65	-51.55	-154.52	-55.94

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