Dewan Sugar Mills Cash Flow Statement

Financials in millions PKR. Fiscal year is October - September.

Millions PKR. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	-429.16	-572.4	-608.93	-863.66	-758.82	-795.11
Depreciation & Amortization	402.6	414.08	361.83	463.41	577.59	359.01
Other Amortization	50.54	50.54	66.63	46.97	42.39	38.41
Asset Writedown & Restructuring Costs	-	-	14.76	-	-	-
Other Operating Activities	-74.98	-82.75	-83.54	-109.51	-149.58	-49.78
Change in Accounts Receivable	5.34	-9.74	-16.33	-1.73	-10.28	11.63
Change in Inventory	-15.98	344.12	829.7	-287.2	81.22	-272.3
Change in Accounts Payable	-313.95	-380.54	-647.57	854.37	709.55	309.15
Change in Other Net Operating Assets	449.33	307.4	186.65	-46.39	-455.25	447.43
Operating Cash Flow	73.74	70.72	103.21	56.27	36.82	48.44
Operating Cash Flow Growth	-10.74%	-31.48%	83.43%	52.80%	-23.97%	241.87%
Capital Expenditures	-0.67	-0.67	-21.2	-173.3	-13.65	-18.49
Investing Cash Flow	-0.67	-0.67	-21.2	-173.3	-13.65	-18.49
Long-Term Debt Issued	-	-	-	67.56	-	-
Long-Term Debt Repaid	-	-82.61	-87.81	-	-	-3.05
Net Debt Issued (Repaid)	-74.61	-82.61	-87.81	67.56	-	-3.05
Financing Cash Flow	-74.61	-82.61	-87.81	67.56	-	-3.05
Net Cash Flow	-1.55	-12.57	-5.8	-49.48	23.18	26.9
Free Cash Flow	73.07	70.05	82.02	-117.03	23.18	29.94
Free Cash Flow Growth	4.06%	-14.59%	-	-	-22.60%	-
Free Cash Flow Margin	7.07%	5.40%	3.30%	-1.89%	0.27%	0.50%
Free Cash Flow Per Share	0.80	0.77	0.90	-1.28	0.25	0.33
Cash Interest Paid	0.4	0.38	0.18	0.21	0.35	0.22
Cash Income Tax Paid	7.32	13.02	28.68	78.76	88.61	52.62
Levered Free Cash Flow	-24.24	25.9	304.49	601.14	666.93	370.18
Unlevered Free Cash Flow	-43.64	6.95	279.5	583.53	651.04	355.86
Change in Working Capital	124.74	261.24	352.46	519.05	325.25	495.91

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