Pakgen Power Income 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
Revenue	925.41	11,316	20,837	45,833	19,901
Revenue Growth (YoY)	-91.82%	-45.69%	-54.54%	130.31%	86.94%
Operations & Maintenance	1,780	161.04	539.09	147.58	95.86
Selling, General & Admin	241.77	432.35	329.82	260.87	228.69
Provision for Bad Debts	-	456.46	10.11	-	-
Other Operating Expenses	648.16	6,617	14,601	42,213	18,259
Total Operating Expenses	2,669	7,667	15,480	42,621	18,583
Operating Income	-1,744	3,650	5,356	3,212	1,318
Interest Expense	-	-37.98	-22.75	-257.5	-309.98
Interest Income	48.78	471.23	278.39	198.1	62.67
Net Interest Expense	48.78	433.25	255.64	-59.4	-247.31
Other Non-Operating Income (Expenses)	-0.36	-2.4	-8.6	-16.63	-15.11
EBT Excluding Unusual Items	-1,696	4,081	5,603	3,136	1,055
Restructuring Charges	-62.94	-101.86	-	-	-
Gain (Loss) on Sale of Investments	1,812	854.56	442.04	-	-5.89
Gain (Loss) on Sale of Assets	85.6	-	-	0.05	-
Pretax Income	138.92	4,833	6,045	3,136	1,049
Income Tax Expense	472	362.81	181.93	-	-
Net Income	-333.08	4,470	5,863	3,136	1,049
Net Income to Common	-333.08	4,470	5,863	3,136	1,049
Net Income Growth	-	-23.76%	86.95%	198.88%	-76.21%
Shares Outstanding (Basic)	363	372	372	372	372
Shares Outstanding (Diluted)	363	372	372	372	372
Shares Change (YoY)	-2.39%	-	-	-	-
EPS (Basic)	-0.92	12.01	15.76	8.43	2.82
EPS (Diluted)	-0.92	12.01	15.76	8.43	2.82
EPS Growth	-	-23.76%	86.95%	198.88%	-76.21%
Free Cash Flow	15,009	2,876	11,300	-7,598	13,917
Free Cash Flow Per Share	41.33	7.73	30.37	-20.42	37.40
Dividend Per Share	2.000	7.000	15.000	3.500	2.000
Dividend Growth	-71.43%	-53.33%	328.57%	75.00%	-38.46%
Profit Margin	-35.99%	39.50%	28.14%	6.84%	5.27%
Free Cash Flow Margin	1621.90%	25.41%	54.23%	-16.58%	69.93%
EBITDA	-852.64	4,570	6,311	4,142	2,242
EBITDA Margin	-92.14%	40.39%	30.29%	9.04%	11.27%
D&A For EBITDA	891.43	920.55	954.79	930.05	924.68
EBIT	-1,744	3,650	5,356	3,212	1,318
EBIT Margin	-188.47%	32.25%	25.71%	7.01%	6.62%
Effective Tax Rate	339.77%	7.51%	3.01%	-	-

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