FRA:0ZQ Cash Flow Statement

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

Millions KZT. 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	684,849	872,263	419,184	348,048	140,773	183,541
Depreciation & Amortization	145,430	125,460	101,738	85,825	77,296	67,553
Other Amortization	974	974	982	875	1,163	551
Other Operating Activities	-147,117	-482,210	-89,679	-150,889	-100,503	-90,052
Operating Cash Flow	684,136	516,487	432,225	283,859	118,729	161,593
Operating Cash Flow Growth	31.88%	19.50%	52.27%	139.08%	-26.53%	1.29%
Capital Expenditures	-211,099	-173,118	-108,181	-73,464	-46,540	-35,077
Sale of Property, Plant & Equipment	96	96	154	1,211	104	61
Cash Acquisitions	-	11,885	-	-	-	-
Divestitures	-	-	-	-	1,339	-
Sale (Purchase) of Intangibles	-901	-653	-867	-1,013	-754	-395
Investment in Securities	-5,842	117,507	42,893	62,163	-26,690	83,217
Other Investing Activities	43,022	1,868	4,801	210	1,300	953
Investing Cash Flow	-174,724	-42,415	-61,200	-10,893	-71,241	48,759
Long-Term Debt Issued	-	159,655	22,358	70,905	65,525	119,093
Long-Term Debt Repaid	-	-139,166	-73,525	-26,555	-76,560	-192,456
Net Debt Issued (Repaid)	60,324	20,489	-51,167	44,350	-11,035	-73,363
Common Dividends Paid	-327,858	-314,649	-200,970	-227,388	-150,082	-99,002
Other Financing Activities	-124,013	-121,104	-67,288	-85,839	159,274	-29,050
Financing Cash Flow	-391,547	-415,264	-319,425	-268,877	-1,843	-201,415
Foreign Exchange Rate Adjustments	22,890	23,808	-9,219	4,245	2,201	5,844
Miscellaneous Cash Flow Adjustments	-83	-143	-5	12	-3	6
Net Cash Flow	140,672	82,473	42,376	8,346	47,843	14,787
Free Cash Flow	473,037	343,369	324,044	210,395	72,189	126,516
Free Cash Flow Growth	32.04%	5.96%	54.02%	191.45%	-42.94%	15.28%
Free Cash Flow Margin	25.33%	18.94%	22.59%	21.02%	10.45%	21.54%
Free Cash Flow Per Share	1823.88	1323.92	1249.41	811.22	278.34	487.81
Cash Interest Paid	4,464	4,464	3,873	3,570	3,319	4,277
Cash Income Tax Paid	295,779	230,691	154,581	125,914	97,747	59,155
Levered Free Cash Flow	282,981	205,449	251,132	142,325	86,627	137,831
Unlevered Free Cash Flow	289,985	211,244	253,478	144,631	88,843	140,509

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