Grameenphone Cash Flow Statement

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

Millions BDT. 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	29,577	36,309	33,075	30,092	34,129
Depreciation & Amortization	36,289	33,021	31,008	26,863	22,315
Other Amortization	-	1,531	1,313	1,036	700.94
Loss (Gain) From Sale of Assets	-150.56	331.76	150.39	-4.16	-167.98
Other Operating Activities	-4,323	-9,997	-7,115	168.57	-339.19
Change in Accounts Receivable	415.61	921.65	-368.74	-764.36	272.48
Change in Inventory	83.75	183.79	496.94	-828.16	-59.16
Change in Accounts Payable	-1,230	-1,241	1,563	1,559	1,360
Change in Other Net Operating Assets	908.58	930.76	477.22	5,691	-397.14
Operating Cash Flow	61,569	61,991	60,601	63,813	57,814
Operating Cash Flow Growth	-0.68%	2.29%	-5.03%	10.38%	72.21%
Capital Expenditures	-14,027	-20,517	-23,861	-21,786	-19,051
Sale of Property, Plant & Equipment	285.59	255.36	263.71	214.93	265.25
Investing Cash Flow	-13,742	-20,262	-23,597	-21,571	-18,786
Short-Term Debt Issued	2,000	1,776	-	-	4,260
Total Debt Issued	2,000	1,776	-	-	4,260
Short-Term Debt Repaid	-	-	-2,322	-462.61	-
Long-Term Debt Repaid	-12,655	-10,864	-12,376	-7,921	-4,960
Total Debt Repaid	-12,655	-10,864	-14,698	-8,384	-4,960
Net Debt Issued (Repaid)	-10,655	-9,088	-14,698	-8,384	-699.92
Common Dividends Paid	-37,775	-42,317	-9,093	-33,584	-38,059
Other Financing Activities	-39.02	-24.41	-13.79	-15.48	-119.7
Financing Cash Flow	-48,469	-51,430	-23,805	-41,983	-38,878
Foreign Exchange Rate Adjustments	66.5	317.03	193.48	318.86	-0.07
Net Cash Flow	-574.94	-9,384	13,392	577.26	149.92
Free Cash Flow	47,542	41,473	36,740	42,027	38,763
Free Cash Flow Growth	14.63%	12.88%	-12.58%	8.42%	75.02%
Free Cash Flow Margin	30.08%	26.17%	23.15%	27.94%	27.10%
Free Cash Flow Per Share	35.20	30.71	27.21	31.12	28.71
Cash Interest Paid	-	4,489	4,668	2,763	2,151
Cash Income Tax Paid	-	26,014	28,305	24,086	25,950
Levered Free Cash Flow	58,543	37,204	47,866	49,670	45,026
Unlevered Free Cash Flow	58,543	40,580	51,226	51,989	46,640
Change in Working Capital	177.52	795.31	2,168	5,657	1,176

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