Future Market Networks Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 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	-188.39	660.37	-61.91	-90.1	-282.71	-309.09
Depreciation & Amortization	231.97	138.4	137.37	177.62	186.12	386.34
Gain (Loss) on Sale of Assets	9.83	9.83	-	0.32	0.87	-3
Gain (Loss) on Sale of Investments	14.56	51.71	194.21	-5.49	-0.54	0.1
Income (Loss) on Equity Investments	-11.49	-11.1	-12.77	-46.9	11.93	5.25
Change in Accounts Receivable	-18.12	20.5	54.91	368.55	217.51	-29.37
Change in Accounts Payable	-1,037	-1,042	-704.03	-165.71	-1,068	-596.98
Other Operating Activities	963.12	200.73	153.92	537.99	515.91	225.85
Operating Cash Flow	-33.54	30.56	-182.63	815.5	-352.37	-297.27
Acquisition of Real Estate Assets	1.81	-	-23.9	-53.91	-7.53	-53.81
Sale of Real Estate Assets	219.54	215.41	-	0.81	33.33	273.89
Net Sale / Acq. of Real Estate Assets	221.35	215.41	-23.9	-53.1	25.8	220.08
Investment in Marketable & Equity Securities	22	-92.71	-79.15	-368.54	-150.34	23.22
Other Investing Activities	44.31	34.39	24.78	37.31	39.28	65.29
Investing Cash Flow	86.38	-35.13	62.77	-288.69	12.79	669.32
Long-Term Debt Issued	-	-	62.69	-	995.01	-
Total Debt Issued	-2.69	-	62.69	-	995.01	-
Long-Term Debt Repaid	-	-85.96	-	-171.43	-405.6	-142.71
Total Debt Repaid	-65.28	-85.96	-	-171.43	-405.6	-142.71
Net Debt Issued (Repaid)	-67.97	-85.96	62.69	-171.43	589.41	-142.71
Issuance of Common Stock	117.15	117.15	-	-	-	-
Other Financing Activities	-134.16	-105.91	-158.6	-203.6	-211.85	-223.39
Miscellaneous Cash Flow Adjustments	-0	-	-	-	0	-0
Net Cash Flow	-32.15	-79.29	-215.76	151.79	37.98	5.94
Cash Interest Paid	134.16	105.91	158.6	203.6	211.85	223.39
Cash Income Tax Paid	-	6.59	-12.39	-59.01	18.37	-38.93
Levered Free Cash Flow	47.63	-945.41	-80.07	735.23	31.63	123.04
Unlevered Free Cash Flow	142.43	-868.26	19.05	862.48	164.02	261.72
Change in Working Capital	-1,055	-1,021	-645.07	240.97	-850.71	-626.22

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