Haseeb Waqas Sugar Mills Limited (PSX:HWQS)

Haseeb Waqas Sugar Mills Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	-245.11	-296.85	-466.34	-184.95	-308.82
Depreciation & Amortization	273.22	288.48	206.82	149.11	158.53
Other Amortization	14	18	-	-	-
Other Operating Activities	-71.08	-74.56	112.33	17.54	136.99
Change in Inventory	-	4.9	-5.42	-	-
Change in Accounts Payable	-1.38	-45.14	40.58	9.36	-0.08
Change in Other Net Operating Assets	-0.46	-0.3	0.36	5.84	13.19
Operating Cash Flow	-30.81	-105.45	-111.68	-3.11	-0.19
Other Investing Activities	-	0.02	-	-	-
Investing Cash Flow	-	0.02	-	-	-
Short-Term Debt Issued	0.27	78.84	16.85	-	-
Long-Term Debt Issued	24.57	33.25	94.37	288.88	0.21
Total Debt Issued	24.84	112.1	111.22	288.88	0.21
Short-Term Debt Repaid	-	-	-	-0.06	-
Long-Term Debt Repaid	-	-	-	-285	-
Total Debt Repaid	-	-	-	-285.06	-
Net Debt Issued (Repaid)	24.84	112.1	111.22	3.82	0.21
Financing Cash Flow	24.84	112.1	111.22	3.82	0.21
Net Cash Flow	-5.97	6.66	-0.46	0.71	0.02
Free Cash Flow	-30.81	-105.45	-111.68	-3.11	-0.19
Free Cash Flow Per Share	-0.95	-3.25	-3.45	-0.10	-0.01
Cash Income Tax Paid	0.54	0.95	0.96	0.16	0.17
Levered Free Cash Flow	87.56	10.53	67.76	77.46	127.09
Unlevered Free Cash Flow	87.56	10.53	145.81	192.89	231.91
Change in Working Capital	-1.85	-40.54	35.52	15.2	13.11

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