Wafi Energy Pakistan Cash Flow 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
Net Income	3,545	3,297	5,851	-72.31	4,467
Depreciation & Amortization	4,166	3,255	2,898	2,678	2,117
Other Amortization	279.16	45.96	2.1	3.15	3.15
Loss (Gain) From Sale of Assets	-50.8	-69.37	-276.95	-44.53	-1.52
Asset Writedown & Restructuring Costs	-11	20.55	250.49	342.52	-46.43
Loss (Gain) on Equity Investments	-1,960	-2,080	-718.87	-998.91	-858.4
Provision & Write-off of Bad Debts	-10.99	-37.08	66.03	-9.17	-37.5
Other Operating Activities	-3,488	-1,377	-12,474	2,926	251.08
Change in Accounts Receivable	-2,103	-1,205	-647.65	-1,233	-658.16
Change in Inventory	479.77	2,182	-4,757	-6,438	-23,235
Change in Accounts Payable	-1,995	1,075	9,300	13,988	22,658
Change in Unearned Revenue	546.23	-193.6	414.87	336.41	627.96
Change in Other Net Operating Assets	769.68	3,764	-840.94	-1,049	-627.85
Operating Cash Flow	167.85	8,683	-912.31	10,414	4,651
Operating Cash Flow Growth	-98.07%	-	-	123.91%	322.38%
Capital Expenditures	-5,013	-2,271	-4,809	-4,811	-4,244
Sale of Property, Plant & Equipment	111.53	75.92	396.65	60.34	18.48
Investment in Securities	5,630	-5,493	-	-	-
Other Investing Activities	3,683	4,201	1,986	1,017	1,018
Investing Cash Flow	4,412	-3,488	-2,427	-3,734	-3,207
Long-Term Debt Repaid	-695.55	-586.74	-631.02	-704.67	-4,339
Net Debt Issued (Repaid)	-695.55	-586.74	-631.02	-704.67	-4,339
Issuance of Common Stock	-	-	-	-	11,557
Common Dividends Paid	-1,742	-1,290	-278.98	-148.13	-23.04
Other Financing Activities	-	-	-	-	-58.31
Financing Cash Flow	-2,437	-1,877	-910	-852.8	7,137
Net Cash Flow	2,142	3,318	-4,249	5,828	8,581
Free Cash Flow	-4,845	6,411	-5,722	5,604	407.35
Free Cash Flow Growth	-	-	-	1275.61%	-
Free Cash Flow Margin	-1.03%	1.50%	-1.33%	1.36%	0.16%
Free Cash Flow Per Share	-22.64	29.96	-26.73	26.18	2.00
Cash Interest Paid	1,295	943.41	834.91	1,067	667.09
Cash Income Tax Paid	3,114	1,411	3,203	2,636	1,919
Levered Free Cash Flow	-470.31	8,712	-4,953	11,601	1,764
Unlevered Free Cash Flow	339.23	9,301	-4,432	12,269	2,180
Change in Working Capital	-2,302	5,622	3,469	5,603	-1,235

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