Tandlianwala 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	640.47	709.72	1,083	1,509	517.71	712.25
Depreciation & Amortization	734.18	738.9	788.31	790.1	811.55	828.18
Loss (Gain) From Sale of Assets	-1.56	-	-	-8.51	-0.09	1.48
Other Operating Activities	-666.9	-62.23	989.95	270.15	181.95	450.11
Change in Accounts Receivable	4.84	-16.06	-10.67	14.64	-4.24	-8.43
Change in Inventory	5,863	1,185	-8,329	2,375	-1,857	-3,902
Change in Accounts Payable	-1,479	-486.42	-1,117	-850.3	3,449	1,245
Change in Other Net Operating Assets	-3,309	-1,247	-3,356	-1,075	-2,310	-1,117
Operating Cash Flow	1,786	821.74	-9,951	3,026	789.12	-1,790
Operating Cash Flow Growth	-	-	-	283.45%	-	-
Capital Expenditures	-108.76	-120.59	-224.52	-309.67	-257.34	-596.71
Sale of Property, Plant & Equipment	101.12	-	-	356.3	0.13	0.1
Other Investing Activities	-356.75	-76.28	64.5	-101.41	24	59.29
Investing Cash Flow	-364.39	-196.87	-160.03	-54.78	-233.21	-537.32
Short-Term Debt Issued	-	-	10,037	-	1,239	2,597
Long-Term Debt Issued	-	90	-	-	-	363.75
Total Debt Issued	-340.61	90	10,037	-	1,239	2,961
Short-Term Debt Repaid	-	-746.89	-	-1,564	-	-
Long-Term Debt Repaid	-	-113.03	-676.67	-1,042	-1,252	-815.81
Total Debt Repaid	-1,281	-859.91	-676.67	-2,606	-1,252	-815.81
Net Debt Issued (Repaid)	-1,622	-769.91	9,360	-2,606	-12.88	2,145
Financing Cash Flow	-1,622	-769.91	9,360	-2,606	-12.88	2,145
Net Cash Flow	-199.82	-145.05	-751.12	365.22	543.03	-181.94
Free Cash Flow	1,677	701.15	-10,176	2,716	531.78	-2,387
Free Cash Flow Growth	-	-	-	410.78%	-	-
Free Cash Flow Margin	3.41%	1.73%	-26.56%	6.42%	1.65%	-8.80%
Free Cash Flow Per Share	14.25	5.96	-86.45	23.08	4.52	-20.28
Cash Interest Paid	4,065	3,741	3,262	2,530	1,473	1,119
Cash Income Tax Paid	705.42	379.98	250.15	459.54	586.92	106.53
Levered Free Cash Flow	1,437	333.27	-10,219	2,243	531.09	-2,490
Unlevered Free Cash Flow	3,626	2,592	-7,969	3,772	1,579	-1,749
Change in Working Capital	1,080	-564.64	-12,812	464.94	-722.01	-3,782

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