Image Pakistan Cash Flow Statement

Financials in millions PKR. Fiscal year is July - June.

Millions PKR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	811.91	759.72	398.83	288.58	208.14	115.1
Depreciation & Amortization	584.95	399.53	117.06	80.6	65.65	45.44
Other Amortization	6.55	6.55	-	-	-	-
Loss (Gain) From Sale of Assets	37.22	37.22	0.01	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	34.51	-
Other Operating Activities	171.74	213.08	52.88	41.69	-67.91	39.08
Change in Accounts Receivable	-712.75	-926.27	-14.21	33.16	75.58	-259.32
Change in Inventory	-26.74	-447.96	-532.2	-311.51	-471.94	-71.03
Change in Accounts Payable	-348.64	114.27	376.68	237.98	-6.99	203.69
Change in Other Net Operating Assets	-242.52	75.54	-450.66	-234.15	-28.6	0.42
Operating Cash Flow	281.73	231.69	-51.61	136.34	-191.55	73.37
Capital Expenditures	-242.63	-320.6	-589.22	-213.13	-226.51	-120.65
Sale of Property, Plant & Equipment	5	5	0.08	-	-	-
Investment in Securities	-4	-4	-	-	-	-
Investing Cash Flow	-241.63	-319.6	-589.14	-213.13	-226.51	-120.65
Long-Term Debt Issued	-	441.65	0.19	97.5	13.23	82.23
Long-Term Debt Repaid	-	-231.87	-76.81	-2.4	-150.28	-14.75
Net Debt Issued (Repaid)	105.86	209.78	-76.62	95.1	-137.05	67.48
Issuance of Common Stock	-	-	987.3	-	639.89	-
Common Dividends Paid	-383.96	-150.54	-193.34	-10.9	-42.43	-8.68
Other Financing Activities	-	-	-	-	-12.11	-2.12
Financing Cash Flow	-278.1	59.24	717.34	84.21	448.3	56.67
Net Cash Flow	-238	-28.67	76.59	7.42	30.24	9.4
Free Cash Flow	39.1	-88.92	-640.83	-76.79	-418.06	-47.28
Free Cash Flow Margin	0.84%	-1.93%	-16.13%	-2.85%	-24.33%	-4.72%
Free Cash Flow Per Share	0.17	-0.39	-4.46	-0.70	-3.75	-0.63
Cash Interest Paid	70.3	68.09	90.71	31.65	47.73	29.74
Cash Income Tax Paid	70.05	63.52	30.73	12.93	19.33	9.9
Levered Free Cash Flow	-273.93	-269.4	-738.31	-161.6	-474.13	-76.77
Unlevered Free Cash Flow	-133.43	-177.24	-691.37	-147.61	-463.57	-59.41
Change in Working Capital	-1,331	-1,184	-620.39	-274.53	-431.95	-126.25

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