Lankem Developments Cash Flow Statement

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

Millions LKR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 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	66.34	358.45	182.71	1,113	12.53	137.05
Depreciation & Amortization	235.29	187.16	169.67	154.7	151.81	149.62
Loss (Gain) From Sale of Assets	0.33	-9.92	-23.3	-24.49	-0.34	-3.29
Asset Writedown & Restructuring Costs	-88.14	-133.84	-299.67	-115.82	-158.12	-269.96
Loss (Gain) From Sale of Investments	-	-	-	-	-	-4.95
Provision & Write-off of Bad Debts	13.39	6.7	12.32	-	-	-
Other Operating Activities	3.47	117.4	553.76	941.77	233.58	216.4
Change in Accounts Receivable	89.89	198.75	-170.85	-292.72	-4.36	-105.9
Change in Inventory	21.44	-194.98	229.67	-677.9	42.08	-89.23
Change in Accounts Payable	410.17	279.51	6.49	-712.74	-186.85	257.81
Change in Other Net Operating Assets	-522.85	-149.67	-382.46	27.85	-346.67	-19.26
Operating Cash Flow	229.34	659.44	278.14	413.62	-256.33	268.28
Operating Cash Flow Growth	-35.92%	137.08%	-32.75%	-	-	-
Capital Expenditures	-600.33	-410.38	-309.31	-159.14	-70.74	-109.37
Sale of Property, Plant & Equipment	-4.65	7.8	39.92	37.96	14.37	11.64
Cash Acquisitions	-114.6	-	-	-189.18	-	-
Investment in Securities	47.83	7.04	-	-	-	11.21
Other Investing Activities	134.96	145.05	99.95	52.87	2.68	9.46
Investing Cash Flow	-536.8	-250.5	-169.44	-257.49	-53.69	-77.06
Short-Term Debt Issued	-	145.36	-	580.64	-	-
Long-Term Debt Issued	-	1,105	1,143	858.26	575.66	465.7
Total Debt Issued	2,241	1,251	1,143	1,439	575.66	465.7
Short-Term Debt Repaid	-	-171.81	-	-360	-68.17	-29.39
Long-Term Debt Repaid	-	-1,184	-1,290	-1,039	-498.48	-557.47
Total Debt Repaid	-2,219	-1,356	-1,290	-1,399	-566.65	-586.86
Net Debt Issued (Repaid)	22.6	-105.12	-147.82	39.4	9.01	-121.16
Issuance of Common Stock	600	-	-	-	-	-
Common Dividends Paid	-227.37	-323.64	-	-	-	-
Other Financing Activities	-	-	747.63	0.4	235.3	2.75
Financing Cash Flow	395.23	-428.77	599.81	39.8	244.31	-118.41
Net Cash Flow	87.77	-19.83	708.51	195.93	-65.71	72.81
Free Cash Flow	-370.99	249.05	-31.17	254.48	-327.06	158.91
Free Cash Flow Margin	-5.17%	3.42%	-0.43%	2.97%	-7.21%	3.67%
Free Cash Flow Per Share	-2.48	2.08	-0.26	2.12	-2.73	1.32
Cash Interest Paid	140.45	153.14	377.92	396.32	255.81	246.82
Cash Income Tax Paid	431.87	327.61	23.51	29.35	11.29	-
Levered Free Cash Flow	-378.32	196.42	140.52	224.23	-527.43	-310.41
Unlevered Free Cash Flow	-298.69	302.8	354.73	468.17	-361.79	-145.43
Change in Working Capital	-1.35	133.6	-317.14	-1,655	-495.79	43.41

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