Intermarket Securities Cash Flow Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	521.53	482.25	203.29
Depreciation & Amortization, Total	24.8	18.74	7.22
Gain (Loss) On Sale of Investments	-72.71	-230.41	-166.44
Change in Accounts Receivable	-446.6	-187.73	-76.54
Change in Accounts Payable	204.48	735.04	583.96
Change in Other Net Operating Assets	-321.41	-445.81	-806.65
Other Operating Activities	103.31	71.37	141.69
Operating Cash Flow	35.48	465.5	-110.76
Capital Expenditures	-20.3	-10.76	-4.93
Sale (Purchase) of Intangibles	2.5	-	-2.5
Other Investing Activities	-53.59	-53.42	56.39
Investing Cash Flow	-71.6	-62.71	51.15
Short-Term Debt Repaid	-	-0.02	-
Long-Term Debt Repaid	-	-341.22	-2.19
Total Debt Repaid	-343.92	-341.24	-2.19
Net Debt Issued (Repaid)	-345.7	-341.24	-2.19
Common Dividends Paid	-0.03	-0.03	-
Other Financing Activities	-145.69	-145.69	-67.57
Financing Cash Flow	-491.42	-486.97	-69.75
Net Cash Flow	-527.54	-84.18	-129.36
Free Cash Flow	15.18	454.75	-115.68
Free Cash Flow Margin	1.23%	41.24%	-20.60%
Free Cash Flow Per Share	0.01	0.38	-0.11
Cash Interest Paid	140.07	145.69	67.57
Cash Income Tax Paid	21.16	28.66	-55.63

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