Pakistan Oxygen Cash Flow Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,968	1,669	711.76	144.74	420.05	451.1
Depreciation & Amortization	887.01	868.49	772.15	531.4	385.4	373.55
Other Amortization	7.2	6.91	5.39	5.26	5.21	5.89
Loss (Gain) From Sale of Assets	-10.63	-16.01	-120.58	-16.28	-13.66	-2.83
Other Operating Activities	1,278	1,350	236.56	23.5	-57.19	86.19
Change in Accounts Receivable	-640.09	-401.87	-457.88	-510.28	-173.5	-58.16
Change in Inventory	-141.16	-125.13	-331.48	284.55	-349.62	-436.34
Change in Accounts Payable	173.79	34.31	1,192	-459.55	556.49	345.56
Change in Other Net Operating Assets	98.23	310.61	192.71	356.39	-781.19	-334.86
Operating Cash Flow	3,620	3,696	2,200	359.72	-8	430.11
Operating Cash Flow Growth	60.11%	68.00%	511.66%	-	-	-31.31%
Capital Expenditures	-989.45	-891.63	-708.33	-2,004	-4,148	-1,799
Sale of Property, Plant & Equipment	22	38.05	136.08	21.25	15.46	3.2
Sale (Purchase) of Intangibles	-2	-18.19	-	-0.64	-	-3.43
Other Investing Activities	3.02	3.6	-2.08	0.08	1.29	1.43
Investing Cash Flow	-966.42	-868.17	-574.32	-1,984	-4,131	-1,798
Long-Term Debt Issued	-	-	2.47	521.62	3,292	1,377
Long-Term Debt Repaid	-	-1,735	-528.2	-225.11	-118.43	-109.42
Net Debt Issued (Repaid)	-1,613	-1,735	-525.73	296.52	3,174	1,267
Issuance of Common Stock	-	-	-	733.95	-	-
Common Dividends Paid	-0.18	-0.18	-0.45	-	-0.93	-0.52
Financing Cash Flow	-1,614	-1,735	-526.18	1,030	3,173	1,267
Miscellaneous Cash Flow Adjustments	-	-	-	-	0	-
Net Cash Flow	1,040	1,093	1,100	-593.54	-966.29	-101.06
Free Cash Flow	2,630	2,805	1,492	-1,645	-4,156	-1,369
Free Cash Flow Growth	72.27%	87.99%	-	-	-	-
Free Cash Flow Margin	19.18%	21.50%	13.15%	-19.15%	-56.96%	-19.54%
Free Cash Flow Per Share	30.19	32.19	17.12	-18.88	-56.74	-18.69
Cash Interest Paid	461.83	568.12	1,142	588.43	108.18	108.85
Cash Income Tax Paid	530.18	530.18	50.69	30.46	205.41	122.92
Levered Free Cash Flow	2,431	2,381	1,351	-1,675	-4,131	-1,434
Unlevered Free Cash Flow	2,688	2,678	1,972	-1,250	-4,004	-1,362
Change in Working Capital	-509.24	-182.08	595.01	-328.89	-747.82	-483.79

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