KASE:KZAP Cash Flow Statement

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

Millions KZT. 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	570,460	872,263	419,184	348,048	140,773
Depreciation & Amortization	-	125,460	101,738	85,825	77,296
Other Amortization	-	974	982	875	1,163
Other Operating Activities	239,385	-482,210	-89,679	-150,889	-100,503
Operating Cash Flow	809,845	516,487	432,225	283,859	118,729
Operating Cash Flow Growth	56.80%	19.50%	52.27%	139.08%	-26.53%
Capital Expenditures	-228,984	-173,118	-108,181	-73,464	-46,540
Sale of Property, Plant & Equipment	22	96	154	1,211	104
Cash Acquisitions	-	11,885	-	-	-
Divestitures	-	-	-	-	1,339
Sale (Purchase) of Intangibles	-932	-653	-867	-1,013	-754
Investment in Securities	-29,351	117,507	42,893	62,163	-26,690
Other Investing Activities	688	1,868	4,801	210	1,300
Investing Cash Flow	-258,557	-42,415	-61,200	-10,893	-71,241
Long-Term Debt Issued	89,513	159,655	22,358	70,905	65,525
Long-Term Debt Repaid	-29,111	-139,166	-73,525	-26,555	-76,560
Net Debt Issued (Repaid)	60,402	20,489	-51,167	44,350	-11,035
Common Dividends Paid	-327,858	-314,649	-200,970	-227,388	-150,082
Other Financing Activities	-220,688	-121,104	-67,288	-85,839	159,274
Financing Cash Flow	-488,144	-415,264	-319,425	-268,877	-1,843
Foreign Exchange Rate Adjustments	-10,201	23,808	-9,219	4,245	2,201
Miscellaneous Cash Flow Adjustments	70	-143	-5	12	-3
Net Cash Flow	53,013	82,473	42,376	8,346	47,843
Free Cash Flow	580,861	343,369	324,044	210,395	72,189
Free Cash Flow Growth	69.16%	5.96%	54.02%	191.45%	-42.94%
Free Cash Flow Margin	32.21%	18.94%	22.59%	21.02%	10.45%
Free Cash Flow Per Share	2240.11	1323.92	1249.41	811.22	278.34
Cash Interest Paid	-	4,464	3,873	3,570	3,319
Cash Income Tax Paid	-	230,691	154,581	125,914	97,747
Levered Free Cash Flow	237,252	205,449	251,132	142,325	86,627
Unlevered Free Cash Flow	249,308	211,244	253,478	144,631	88,843

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