DSE:HEIDELBCEM Cash Flow Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	280.86	461.79	459.41	-233.44	475.28	-80.84
Depreciation & Amortization	396.29	464.77	505.16	530.92	463.11	539.65
Other Amortization	13.31	13.31	13.24	13.2	1.45	0.49
Loss (Gain) From Sale of Assets	10.23	2.67	-1.26	8.82	-	-3.39
Other Operating Activities	-92.08	-51.24	-50.28	-145.44	-132.65	16.07
Change in Accounts Receivable	-100.86	190.25	52.48	-102.75	493.55	300.97
Change in Inventory	-453.14	-476.82	414.08	17.27	-834.57	701.79
Change in Accounts Payable	1,083	1,077	297.89	-152.69	773.79	86.63
Change in Other Net Operating Assets	-204.45	367.13	-459.83	278.78	-123.76	-62.47
Operating Cash Flow	933.6	2,049	1,231	214.67	1,116	1,499
Operating Cash Flow Growth	148.48%	66.45%	473.38%	-80.77%	-25.53%	470.91%
Capital Expenditures	-310.79	-267.71	-209.08	-223.35	-260.03	-306.75
Sale of Property, Plant & Equipment	-0.03	0.58	3.63	4.05	2.78	6.5
Cash Acquisitions	-	-	-	-	0.03	37.96
Other Investing Activities	-0	-0	-0	-	-	0
Investing Cash Flow	-310.82	-267.13	-205.45	-219.31	-257.23	-262.28
Long-Term Debt Issued	-	-	3,992	313.56	-	60
Short-Term Debt Repaid	-	-	-	-	-	-272.95
Long-Term Debt Repaid	-	-2,856	-886.14	-396.67	-445.11	-527.76
Total Debt Repaid	-2,843	-2,856	-886.14	-396.67	-445.11	-800.71
Net Debt Issued (Repaid)	-2,843	-2,856	3,106	-83.11	-445.11	-740.71
Common Dividends Paid	-216.91	-141.26	-135.18	-68.86	-142.08	-1.14
Other Financing Activities	1,071	-	-31.66	-	-189.14	-
Financing Cash Flow	-1,989	-2,997	2,939	-151.96	-776.33	-741.85
Miscellaneous Cash Flow Adjustments	-0	-	-	-0	0	-
Net Cash Flow	-1,366	-1,215	3,965	-156.6	82.64	494.77
Free Cash Flow	622.8	1,781	1,022	-8.68	856.16	1,192
Free Cash Flow Growth	334.58%	74.31%	-	-	-28.18%	-
Free Cash Flow Margin	4.28%	12.08%	5.69%	-0.05%	5.97%	10.21%
Free Cash Flow Per Share	11.02	31.52	18.08	-0.15	15.15	21.10
Cash Interest Paid	270.54	270.54	293.17	76.82	62.89	215.84
Cash Income Tax Paid	311.88	316.14	377.49	296.84	324.29	244.87
Levered Free Cash Flow	392.14	1,542	987.67	382.21	660.24	1,421
Unlevered Free Cash Flow	465.74	1,704	1,168	430.92	698.4	1,536
Change in Working Capital	324.99	1,158	304.62	40.61	309.01	1,027

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