PICT Cash Flow Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	559	1,801	2,729	3,390	2,673	2,137
Depreciation & Amortization	-43.18	682.19	847.05	709.61	688.96	652.04
Other Amortization	43.18	43.18	22.68	24.05	25	24.6
Loss (Gain) From Sale of Assets	-0.05	-7.55	-18.59	0.31	0.46	-1.92
Provision & Write-off of Bad Debts	11.71	11.71	-	-	-	-
Other Operating Activities	-1,946	-1,727	280.76	-335.45	-276.78	-160.32
Change in Accounts Receivable	724.74	627.68	-21.97	45.81	-234.6	-18.96
Change in Inventory	65.29	379.1	-86.03	-48.14	-10.14	46.44
Change in Accounts Payable	-870.33	-507.41	617.29	185.41	700.7	30.76
Change in Other Net Operating Assets	-421.21	-637.24	-57.67	-18.61	24.37	14.9
Operating Cash Flow	-1,877	665.17	4,313	3,953	3,590	2,725
Operating Cash Flow Growth	-	-84.58%	9.12%	10.09%	31.76%	3.52%
Capital Expenditures	-	-58.5	-382.78	-297.56	-127	-257.32
Sale of Property, Plant & Equipment	0.05	7.57	19.37	0.28	0.35	3.06
Other Investing Activities	1,346	1,417	444.85	198.55	148.45	79.95
Investing Cash Flow	1,346	1,366	81.44	-98.73	21.79	-174.32
Common Dividends Paid	-4,459	-2,911	-2,465	-1,597	-3,053	-1,660
Financing Cash Flow	-4,459	-2,911	-2,465	-1,597	-3,053	-1,660
Net Cash Flow	-4,990	-879.34	1,930	2,257	559.45	890.3
Free Cash Flow	-1,877	606.68	3,930	3,655	3,463	2,468
Free Cash Flow Growth	-	-84.56%	7.53%	5.53%	40.36%	5.36%
Free Cash Flow Margin	-2073.73%	9.49%	32.69%	32.93%	38.44%	31.13%
Free Cash Flow Per Share	-17.20	5.56	36.01	33.49	31.73	22.61
Cash Interest Paid	-	-	-	-	-	0.01
Cash Income Tax Paid	1,363	2,107	1,568	1,546	1,225	966.86
Levered Free Cash Flow	-3,170	846.15	5,127	5,004	3,318	2,298
Unlevered Free Cash Flow	-3,170	846.15	5,127	5,004	3,318	2,298
Change in Net Working Capital	3,090	1,093	-1,805	-1,703	-490.68	-41.17

Source: S&P Capital IQ. Standard template. Financial Sources.