Master Trust Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020	2015 - 2019
Net Income	1,081	658.87	551.75	343.71	123.09	Upgrade
Depreciation & Amortization, Total	35.95	26.23	19.7	13.15	16.03	Upgrade
Gain (Loss) On Sale of Investments	-18.22	-46.31	-204.55	-62.8	-88.3	Upgrade
Change in Accounts Receivable	-753.66	61.04	102.12	-307.9	563.02	Upgrade
Change in Accounts Payable	3,664	646.7	2,012	2,037	-531.3	Upgrade
Change in Other Net Operating Assets	547.4	284.83	-2,442	-2,332	-19.14	Upgrade
Other Operating Activities	80.34	-9.33	2	15.61	3.37	Upgrade
Operating Cash Flow	4,579	1,768	-153.36	-244.82	141.19	Upgrade
Capital Expenditures	-50.74	-46.76	-39.68	-16.3	-15.51	Upgrade
Investment in Securities	-0.21	70.52	98.16	125.64	213.13	Upgrade
Other Investing Activities	-4,876	-1,665	-	-	-	Upgrade
Investing Cash Flow	-4,926	-1,640	59.9	117.15	189.69	Upgrade
Other Financing Activities	249.38	-	-	-	-	Upgrade
Financing Cash Flow	249.38	-	-	-	-	Upgrade
Net Cash Flow	-97.88	128.57	-93.46	-127.67	330.88	Upgrade
Free Cash Flow	4,528	1,721	-193.04	-261.12	125.68	Upgrade
Free Cash Flow Growth	163.04%	-	-	-	-83.97%	Upgrade
Free Cash Flow Margin	100.81%	55.52%	-6.49%	-12.66%	10.62%	Upgrade
Free Cash Flow Per Share	40.99	15.83	-1.77	-2.40	1.16	Upgrade
Cash Interest Paid	38.23	7.87	10.59	6.08	8	Upgrade
Cash Income Tax Paid	329.43	198.18	165.74	61.14	12.26	Upgrade

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