Haleon Pakistan Cash Flow Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	6,550	6,373	4,578	995.59	325.41	2,134
Depreciation & Amortization	610.09	610.09	538.51	433.01	332.72	301.24
Loss (Gain) From Sale of Assets	-14.32	-14.32	-8.66	-31.62	-18.93	-0.71
Asset Writedown & Restructuring Costs	21.3	21.3	88.36	-27	27	-
Provision & Write-off of Bad Debts	7.09	7.09	-	-10.77	4.59	-
Other Operating Activities	-2,361	-744.4	510.95	-566.15	-332.65	26.13
Change in Accounts Receivable	-51.13	-51.13	-432.17	35.95	461.62	-432.14
Change in Inventory	-2,893	-2,893	238.8	-1,065	-751.69	-1,246
Change in Accounts Payable	2,424	2,424	955.37	1,992	1,197	916.35
Change in Other Net Operating Assets	-148.59	-148.59	166.66	322.43	-272.21	-106.27
Operating Cash Flow	4,144	5,584	6,636	2,076	974.27	1,594
Operating Cash Flow Growth	-50.42%	-15.86%	219.72%	113.04%	-38.89%	-45.28%
Capital Expenditures	-2,340	-2,009	-3,186	-1,789	-503.45	-543.26
Sale of Property, Plant & Equipment	108.94	106.84	152.37	85.91	37.88	29.58
Investment in Securities	-964.24	-475.47	-	-	-	-
Other Investing Activities	715.39	711.7	1,029	512.13	244.24	191.36
Investing Cash Flow	-2,480	-1,666	-2,005	-1,191	-221.33	-322.32
Long-Term Debt Repaid	-	-48.48	-44.66	-38.1	-9	-2.46
Net Debt Issued (Repaid)	-49.03	-48.48	-44.66	-38.1	-9	-2.46
Common Dividends Paid	-3,274	-3,491	-2,089	-0.53	-395.85	-79.41
Financing Cash Flow	-3,323	-3,539	-2,133	-38.63	-404.85	-81.87
Net Cash Flow	-1,659	378.6	2,498	845.97	348.09	1,190
Free Cash Flow	1,804	3,575	3,450	286.56	470.82	1,051
Free Cash Flow Growth	-69.28%	3.61%	1104.01%	-39.13%	-55.20%	-49.04%
Free Cash Flow Margin	4.23%	8.29%	9.27%	0.91%	1.71%	4.35%
Free Cash Flow Per Share	15.41	30.54	29.48	2.45	4.02	8.98
Cash Interest Paid	-	-	-	-	-	2.77
Cash Income Tax Paid	4,604	4,604	1,743	998.37	982.45	832.34
Levered Free Cash Flow	2,377	4,031	2,288	652.6	693.72	1,403
Unlevered Free Cash Flow	2,406	4,061	2,318	674.98	697.25	1,404
Change in Working Capital	-669.3	-669.3	928.66	1,286	634.44	-868.38

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