Intermarket Securities 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
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	416.72	310.74	477.02	203.29
Depreciation & Amortization, Total	38.71	34.82	18.74	7.22
Gain (Loss) On Sale of Investments	-3.57	25.24	-229.83	-166.44
Change in Accounts Receivable	237.31	-437.23	-187.73	-76.54
Change in Accounts Payable	-596.01	-1,226	766.42	583.96
Change in Other Net Operating Assets	407.07	1,244	-445.81	-806.65
Other Operating Activities	95	98.55	44.65	141.69
Operating Cash Flow	620.45	78.1	465.5	-110.76
Capital Expenditures	-52.41	-53.48	-10.76	-4.93
Sale (Purchase) of Intangibles	-	-	-	-2.5
Other Investing Activities	220.22	273.06	-53.42	56.39
Investing Cash Flow	31.92	222.35	-62.71	51.15
Total Debt Issued	120.9	111.9	-	-
Short-Term Debt Repaid	-	-	-0.02	-
Long-Term Debt Repaid	-	-	-341.22	-2.19
Total Debt Repaid	-12.94	-7.56	-341.24	-2.19
Net Debt Issued (Repaid)	107.96	104.34	-341.24	-2.19
Common Dividends Paid	-470.88	-470.06	-0.03	-
Other Financing Activities	-77.68	-77.68	-145.69	-67.57
Financing Cash Flow	-440.6	-443.4	-486.97	-69.75
Net Cash Flow	211.78	-142.94	-84.18	-129.36
Free Cash Flow	568.04	24.62	454.75	-115.68
Free Cash Flow Growth	-	-94.59%	-	-
Free Cash Flow Margin	41.91%	2.06%	41.26%	-20.60%
Free Cash Flow Per Share	0.42	0.02	0.38	-0.11
Cash Interest Paid	43.82	77.68	145.69	67.57
Cash Income Tax Paid	24.59	16.05	28.66	-55.63

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