Shahtaj Sugar Mills Cash Flow Statement

Financials in millions PKR. Fiscal year is October - September.

Millions PKR. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	34.49	32.68	32.15	405.47	1.08	204.83
Depreciation & Amortization	64.08	35.65	37.56	35.99	36.77	28.54
Loss (Gain) From Sale of Assets	-0.02	-1.06	-0.4	-2.82	-2.89	-2.13
Loss (Gain) From Sale of Investments	0.07	-	-	-	-	-
Loss (Gain) on Equity Investments	-22.63	-22.63	-5.48	-16.86	-35.27	-30.96
Provision & Write-off of Bad Debts	-	-	-	-	1.32	-
Other Operating Activities	-58.43	-254.49	-75.43	184.64	69.62	130.39
Change in Accounts Receivable	-190.77	-31.44	26.56	122.2	-84.07	-50.03
Change in Inventory	-541.68	687.95	-575.36	955.55	-1,135	-712.66
Change in Accounts Payable	-25.7	41.66	-3.04	120.1	9.96	-19.8
Change in Unearned Revenue	299.71	24.37	30.54	86.85	-3.76	-171.62
Change in Other Net Operating Assets	23.95	136.4	-96.89	18.18	-35	-3.75
Operating Cash Flow	-416.69	649.33	-638.57	1,954	-1,175	-627.19
Capital Expenditures	-618.95	-708.84	-1,098	-372.16	-100.08	-24.36
Sale of Property, Plant & Equipment	-0.25	1.17	1.01	4.15	7.9	2.9
Other Investing Activities	7.82	1.15	7.48	3.06	-11.04	1.6
Investing Cash Flow	-609.71	-704.83	-1,089	-448.18	-107.05	-19.42
Short-Term Debt Issued	-	150	854.69	80	1,903	998.48
Long-Term Debt Issued	-	323.18	1,203	1,217	-	-
Total Debt Issued	1,668	473.18	2,057	1,297	1,903	998.48
Short-Term Debt Repaid	-	-597.64	-	-1,973	-200	-300
Long-Term Debt Repaid	-	-3.17	-1.34	-777.59	-351.15	-83.26
Total Debt Repaid	-618.89	-600.81	-1.34	-2,751	-551.15	-383.26
Net Debt Issued (Repaid)	1,049	-127.63	2,056	-1,453	1,352	615.22
Common Dividends Paid	-0.03	-0.03	-149.65	-0.01	-54.66	-0.02
Financing Cash Flow	1,049	-127.66	1,906	-1,453	1,297	615.2
Net Cash Flow	22.21	-183.16	179.2	52.75	14.98	-31.41
Free Cash Flow	-1,036	-59.51	-1,737	1,582	-1,275	-651.55
Free Cash Flow Margin	-12.88%	-0.69%	-19.69%	16.70%	-19.28%	-10.32%
Free Cash Flow Per Share	-86.22	-4.96	-144.59	131.73	-106.17	-54.25
Cash Interest Paid	335.43	502.21	443.6	548.16	315.01	222.06
Cash Income Tax Paid	275.73	252.66	181.45	35.43	113.52	13.33
Levered Free Cash Flow	-990.97	-7.92	-1,698	1,484	-1,194	-673.69
Unlevered Free Cash Flow	-721.91	223.48	-1,300	1,794	-928.09	-510.5
Change in Working Capital	-434.5	858.94	-618.19	1,303	-1,248	-957.85

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.