AGP Limited Cash Flow Statement

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

Millions PKR. 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	3,735	2,670	1,565	1,570	1,747
Depreciation & Amortization	-	362.79	303.33	238.97	168.18
Other Amortization	-	20.78	16.49	12.02	9.98
Loss (Gain) From Sale of Assets	-	-15.7	-8.59	-17.23	-1.92
Loss (Gain) From Sale of Investments	-	-	-	-0.42	-
Provision & Write-off of Bad Debts	-	-1.42	2.84	-0.11	0.41
Other Operating Activities	2,176	3,045	1,255	245.8	413.59
Change in Accounts Receivable	-	-69.33	-558.52	-311.95	-340.19
Change in Inventory	-	-1,068	-878.77	-640.89	-359.98
Change in Accounts Payable	-	368.69	1,104	368.66	521.76
Change in Other Net Operating Assets	-	79.87	-229.01	-396.07	-50.08
Operating Cash Flow	5,911	5,393	2,573	1,069	2,109
Operating Cash Flow Growth	9.61%	109.63%	140.72%	-49.32%	31.88%
Capital Expenditures	-1,322	-939.26	-780.93	-932.72	-481.04
Sale of Property, Plant & Equipment	61.44	39.69	15.88	38.69	16.58
Cash Acquisitions	-	-	18	-	-
Sale (Purchase) of Intangibles	-	-7.93	-8,657	-20.17	-3,474
Investment in Securities	35	601.51	-546.52	-70.58	-35
Other Investing Activities	62.53	-12.78	71.38	25.47	21.05
Investing Cash Flow	-1,163	-318.76	-9,880	-959.31	-3,952
Long-Term Debt Issued	-	-	7,048	99.46	2,628
Long-Term Debt Repaid	-3,498	-3,184	-	-604.83	-606.82
Net Debt Issued (Repaid)	-3,498	-3,184	7,048	-505.37	2,021
Common Dividends Paid	-1,785	-752.34	-629.94	-734.89	-280.02
Other Financing Activities	-	-0	80.97	-125.56	385
Financing Cash Flow	-5,283	-3,936	6,499	-1,366	2,126
Net Cash Flow	-534.84	1,138	-808.4	-1,256	283.03
Free Cash Flow	4,589	4,454	1,792	136.01	1,628
Free Cash Flow Growth	3.04%	148.57%	1217.35%	-91.64%	31.86%
Free Cash Flow Margin	15.88%	17.79%	9.56%	0.94%	17.47%
Free Cash Flow Per Share	16.39	15.91	6.40	0.49	5.81
Cash Interest Paid	275.41	521.67	384.72	445.33	124.91
Cash Income Tax Paid	1,683	-	-	659.42	137.3
Levered Free Cash Flow	2,661	2,001	-8,254	-39.84	-2,273
Unlevered Free Cash Flow	3,563	3,651	-7,256	287.78	-2,149
Change in Working Capital	-	-688.44	-561.96	-980.24	-228.49

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