Global Surfaces Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-285.35	187	242.34	356.34	339.32
Depreciation & Amortization	185.43	88.5	94.15	107.12	130.03
Other Amortization	1.13	0.78	0.16	0.67	0.1
Loss (Gain) From Sale of Assets	-1.63	-	0.07	-20.86	-0.29
Asset Writedown & Restructuring Costs	-71.08	15.94	-4.12	2.29	-
Loss (Gain) From Sale of Investments	-0.17	-0.35	-0.62	-3.13	-0.91
Provision & Write-off of Bad Debts	16.5	2.97	5.63	1.72	5.5
Other Operating Activities	146.84	45.45	-42.41	-53.11	-16.43
Change in Accounts Receivable	-186.16	-669.04	-48.66	6.23	-115.61
Change in Inventory	-180	-327.97	29.56	-122.65	-110.31
Change in Accounts Payable	74.51	224.87	-25.59	22.64	86.59
Change in Other Net Operating Assets	-12.27	59.33	19.75	-15.36	3.45
Operating Cash Flow	-312.25	-372.52	270.26	281.9	321.44
Operating Cash Flow Growth	-	-	-4.13%	-12.30%	-40.13%
Capital Expenditures	-46.74	-1,035	-1,144	-121.07	-77.97
Sale of Property, Plant & Equipment	8.55	-	-	22.78	0.46
Investment in Securities	-15.61	1,098	-1,015	-98.72	-2.22
Other Investing Activities	0.14	9.43	13.63	5.58	2.02
Investing Cash Flow	-59.92	90.27	-2,053	-281.37	-79.63
Long-Term Debt Issued	539	-	837.63	-	-
Long-Term Debt Repaid	-11.63	-219.78	-16.04	-3.85	-154.55
Net Debt Issued (Repaid)	527.37	-219.78	821.59	-3.85	-154.55
Issuance of Common Stock	-	-	1,016	-	-
Other Financing Activities	-153.3	462.89	-10.38	-30.78	-38.59
Financing Cash Flow	374.07	243.11	1,827	-34.63	-193.14
Miscellaneous Cash Flow Adjustments	-	-0.01	-	-	-
Net Cash Flow	1.9	-39.15	44.68	-34.1	48.67
Free Cash Flow	-358.99	-1,408	-874.19	160.83	243.47
Free Cash Flow Growth	-	-	-	-33.94%	-44.06%
Free Cash Flow Margin	-17.29%	-62.48%	-49.09%	8.45%	13.88%
Free Cash Flow Per Share	-8.47	-33.22	-25.61	4.75	7.19
Cash Interest Paid	153.3	44.61	10.38	29.52	38.59
Cash Income Tax Paid	43.48	55.67	75.04	81.87	41.27
Levered Free Cash Flow	-363.92	-655.98	-1,791	-35.92	130.04
Unlevered Free Cash Flow	-287.47	-631.89	-1,776	-24.43	145.84
Change in Working Capital	-303.92	-712.81	-24.94	-109.14	-135.88

Source: S&P Global Market Intelligence. Standard template. Financial Sources.