Shahtaj Sugar Mills Limited (PSX:SHJS)

Shahtaj Sugar Mills Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	32.68	32.15	405.47	1.08	204.83
Depreciation & Amortization	-	37.56	35.99	36.77	28.54
Loss (Gain) From Sale of Assets	-	-0.4	-2.82	-2.89	-2.13
Loss (Gain) on Equity Investments	-	-5.48	-16.86	-35.27	-30.96
Provision & Write-off of Bad Debts	-	-	-	1.32	-
Other Operating Activities	616.65	-83.81	183.61	69.62	130.39
Change in Accounts Receivable	-	26.56	122.2	-84.07	-50.03
Change in Inventory	-	-575.36	955.55	-1,135	-712.66
Change in Accounts Payable	-	-3.04	120.1	9.96	-19.8
Change in Unearned Revenue	-	30.54	86.85	-3.76	-171.62
Change in Other Net Operating Assets	-	-96.89	18.18	-35	-3.75
Operating Cash Flow	649.33	-638.57	1,954	-1,175	-627.19
Capital Expenditures	-708.84	-1,098	-372.16	-100.08	-24.36
Sale of Property, Plant & Equipment	1.17	1.01	4.15	7.9	2.9
Other Investing Activities	1.15	7.48	3.06	-11.04	1.6
Investing Cash Flow	-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	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	-600.81	-1.34	-2,751	-551.15	-383.26
Net Debt Issued (Repaid)	-127.63	2,056	-1,453	1,352	615.22
Common Dividends Paid	-0.03	-149.65	-0.01	-54.66	-0.02
Financing Cash Flow	-127.66	1,906	-1,453	1,297	615.2
Net Cash Flow	-183.16	179.2	52.75	14.98	-31.41
Free Cash Flow	-59.51	-1,737	1,582	-1,275	-651.55
Free Cash Flow Margin	-0.69%	-19.69%	16.70%	-19.28%	-10.32%
Free Cash Flow Per Share	-4.95	-144.59	131.73	-106.17	-54.25
Cash Interest Paid	502.21	443.6	548.16	315.01	222.06
Cash Income Tax Paid	252.66	181.45	35.43	113.52	13.33
Levered Free Cash Flow	-35.99	-1,698	1,484	-1,194	-673.69
Unlevered Free Cash Flow	197.46	-1,300	1,794	-928.09	-510.5
Change in Working Capital	-	-618.19	1,303	-1,248	-957.85

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