Pakistan Paper Products Limited (PSX:PPP)

Pakistan Paper Products Cash Flow Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Net Income	139.87	122.42	155.91	89.03	61.74	70.55
Depreciation & Amortization	51.41	50.59	41.99	44.38	38.02	36.4
Other Amortization	0.09	0.09	0.14	0.14	0.14	0.05
Loss (Gain) From Sale of Assets	-0.42	-0.42	1.47	-0.3	-0.93	-0.12
Asset Writedown & Restructuring Costs	-	-	1.1	-	-	-
Other Operating Activities	-95.55	-83.52	39.58	31.37	26.01	-10.22
Change in Accounts Receivable	-57.77	42.53	-6.64	-84.23	-44.41	3.14
Change in Inventory	76.4	-30.96	44.27	-103.11	-39.16	-31.47
Change in Accounts Payable	-12.68	78.78	-110.5	2.45	33.2	-80.73
Change in Other Net Operating Assets	-0.45	-7.53	28.14	12.72	-32.85	4.91
Operating Cash Flow	100.91	171.99	195.46	-7.54	41.76	-7.49
Operating Cash Flow Growth	-30.99%	-12.01%	-	-	-	-
Capital Expenditures	-92.02	-111.94	-29.03	-15.82	-130.32	-15.11
Sale of Property, Plant & Equipment	3.71	3.71	1.32	0.93	2.69	0.39
Sale (Purchase) of Intangibles	-	-	-	-	-	-0.57
Investing Cash Flow	-88.31	-108.24	-27.71	-14.9	-127.64	-15.29
Long-Term Debt Issued	-	51.76	-	-	95.3	76.81
Long-Term Debt Repaid	-	-33.01	-26.8	-33.71	-37.29	-24.46
Net Debt Issued (Repaid)	15.42	18.74	-26.8	-33.71	58.01	52.35
Common Dividends Paid	-31.41	-31.64	-57.72	-0.03	-42.4	-25.05
Other Financing Activities	-0.31	-0.31	-0.45	-0.09	-0.18	-0
Financing Cash Flow	-16.31	-13.21	-84.97	-33.83	15.43	27.29
Net Cash Flow	-3.71	50.55	82.77	-56.27	-70.45	4.51
Free Cash Flow	8.89	60.05	166.43	-23.37	-88.57	-22.6
Free Cash Flow Growth	-90.89%	-63.92%	-	-	-	-
Free Cash Flow Margin	0.49%	3.46%	8.63%	-1.34%	-7.18%	-2.07%
Free Cash Flow Per Share	1.11	7.51	20.80	-2.92	-11.07	-2.83
Cash Interest Paid	37.25	42.16	56.74	48.78	14.81	14.35
Cash Income Tax Paid	118.82	114.31	46.89	52.84	22.71	38.19
Levered Free Cash Flow	-22.94	35.67	159.26	-16.75	-86.64	-42.78
Unlevered Free Cash Flow	-2.27	58.08	191.93	16.48	-74.41	-33.08
Change in Working Capital	5.5	82.82	-44.74	-172.17	-83.22	-104.15

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.