Nestlé Pakistan Cash Flow Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	17,244	14,808	16,493	15,050	12,768
Depreciation & Amortization	4,367	3,975	3,895	3,842	3,859
Loss (Gain) From Sale of Assets	-227.49	-70.54	-10.62	-202.48	-119.68
Asset Writedown & Restructuring Costs	427.09	-20.28	43.51	-42.54	389.04
Provision & Write-off of Bad Debts	-	-1.57	-	-5.44	-7.72
Other Operating Activities	2,513	-539.96	-1,728	578.26	1,126
Change in Accounts Receivable	-1,055	112.62	-243.25	-1,060	1,015
Change in Inventory	1,918	6,498	-8,263	-9,168	-2,729
Change in Accounts Payable	8,616	-5,082	12,701	15,232	693.33
Change in Unearned Revenue	-168.52	311.03	-57.69	84.09	119.8
Change in Other Net Operating Assets	1,650	11,370	-4,503	-7,882	-4,338
Operating Cash Flow	34,929	31,380	18,246	16,362	12,812
Operating Cash Flow Growth	11.31%	71.99%	11.52%	27.70%	-32.21%
Capital Expenditures	-5,024	-4,402	-3,352	-3,379	-2,603
Sale of Property, Plant & Equipment	324.85	91.7	36.44	420.03	202.19
Investment in Securities	-9,589	-	-	-	-
Investing Cash Flow	-14,288	-4,310	-3,316	-2,959	-2,401
Short-Term Debt Issued	1,800	17,300	9,019	1,039	11,500
Long-Term Debt Issued	-	-	1,422	6,500	-
Total Debt Issued	1,800	17,300	10,442	7,539	11,500
Short-Term Debt Repaid	-2,000	-22,600	-4,039	-6,519	-11,917
Long-Term Debt Repaid	-3,198	-3,626	-9,341	-3,226	-3,837
Total Debt Repaid	-5,198	-26,226	-13,380	-9,745	-15,754
Net Debt Issued (Repaid)	-3,398	-8,926	-2,938	-2,207	-4,254
Common Dividends Paid	-14,996	-14,544	-10,716	-10,927	-9,598
Financing Cash Flow	-18,394	-23,470	-13,654	-13,133	-13,853
Net Cash Flow	2,247	3,600	1,276	268.72	-3,441
Free Cash Flow	29,905	26,978	14,893	12,982	10,209
Free Cash Flow Growth	10.85%	81.14%	14.72%	27.16%	-35.15%
Free Cash Flow Margin	15.02%	13.96%	7.42%	7.99%	7.66%
Free Cash Flow Per Share	659.42	594.89	328.41	286.26	225.12
Cash Interest Paid	752.67	2,876	2,244	2,410	1,641
Cash Income Tax Paid	10,886	12,989	16,747	8,442	5,298
Levered Free Cash Flow	32,904	20,883	21,544	18,390	11,308
Unlevered Free Cash Flow	33,208	22,436	23,064	19,838	12,447
Change in Working Capital	10,960	13,210	-366.72	-2,795	-5,239

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