Nestlé Pakistan 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	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	16,617	14,808	16,493	15,050	12,768	8,885
Depreciation & Amortization	4,235	3,975	3,895	3,842	3,859	4,147
Other Amortization	-	-	-	-	-	7.4
Loss (Gain) From Sale of Assets	-97.35	-70.54	-10.62	-202.48	-119.68	-74.56
Asset Writedown & Restructuring Costs	406.82	-20.28	43.51	-42.54	389.04	-87.76
Provision & Write-off of Bad Debts	-1.57	-1.57	-	-5.44	-7.72	-1.88
Other Operating Activities	1,965	-326.35	-1,728	578.26	1,126	1,225
Change in Accounts Receivable	-112.13	112.62	-243.25	-1,060	1,015	236.44
Change in Inventory	1,424	6,498	-8,263	-9,168	-2,729	2,187
Change in Accounts Payable	8,110	-5,082	12,701	15,232	693.33	1,089
Change in Unearned Revenue	-268.09	311.03	-57.69	84.09	119.8	180.12
Change in Income Taxes	4,859	8,839	-5,397	-	-	-
Change in Other Net Operating Assets	-678.73	2,531	894.32	-7,882	-4,338	1,049
Operating Cash Flow	36,238	31,594	18,246	16,362	12,812	18,900
Operating Cash Flow Growth	89.14%	73.16%	11.52%	27.70%	-32.21%	87.54%
Capital Expenditures	-4,587	-4,402	-3,352	-3,379	-2,603	-3,157
Sale of Property, Plant & Equipment	225.42	91.7	36.44	420.03	202.19	171.62
Investing Cash Flow	-4,362	-4,310	-3,316	-2,959	-2,401	-2,985
Short-Term Debt Issued	-	17,300	9,019	1,039	11,500	10,417
Long-Term Debt Issued	-	-	1,422	6,500	-	12,000
Total Debt Issued	1,800	17,300	10,442	7,539	11,500	22,417
Short-Term Debt Repaid	-	-22,600	-4,039	-6,519	-11,917	-21,217
Long-Term Debt Repaid	-	-3,839	-9,341	-3,226	-3,837	-3,449
Total Debt Repaid	-12,207	-26,439	-13,380	-9,745	-15,754	-24,667
Net Debt Issued (Repaid)	-10,407	-9,139	-2,938	-2,207	-4,254	-2,249
Common Dividends Paid	-12,607	-14,544	-10,716	-10,927	-9,598	-7,885
Financing Cash Flow	-23,014	-23,683	-13,654	-13,133	-13,853	-10,134
Net Cash Flow	8,863	3,600	1,276	268.72	-3,441	5,781
Free Cash Flow	31,651	27,192	14,893	12,982	10,209	15,743
Free Cash Flow Growth	103.98%	82.58%	14.72%	27.16%	-35.15%	150.91%
Free Cash Flow Margin	16.25%	14.07%	7.42%	7.99%	7.66%	13.25%
Free Cash Flow Per Share	697.94	599.60	328.41	286.26	225.12	347.15
Cash Interest Paid	759.89	2,662	2,244	2,410	1,641	2,968
Cash Income Tax Paid	10,556	12,989	16,747	8,442	5,298	3,148
Levered Free Cash Flow	35,087	20,883	21,544	18,390	11,308	15,634
Unlevered Free Cash Flow	35,496	22,436	23,064	19,838	12,447	17,373
Change in Working Capital	13,333	13,210	-366.72	-2,795	-5,239	4,742

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