Zarea Cash Flow Statement

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

Millions PKR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	1,121	670.95	292.71	81.25	23.61	6.71
Depreciation & Amortization	10.38	8.05	1.76	1.18	0.75	0.53
Other Amortization	4.32	3.11	0.85	-	-	-
Loss (Gain) From Sale of Assets	-489.52	-	-	8.82	44.42	0.42
Loss (Gain) From Sale of Investments	-499.34	-377.58	-34.52	-1.2	-	-
Other Operating Activities	1.92	1.89	-1.02	22.42	8.71	2.38
Change in Accounts Receivable	-110.89	-309.39	-103.84	11.14	-58.27	-8.71
Change in Inventory	-405.18	-378.34	-	-	-	-
Change in Accounts Payable	356.39	83.82	-0.29	-19.25	18.59	1.27
Change in Other Net Operating Assets	-215.89	-0.79	-184.5	-72.47	4.15	-6.04
Operating Cash Flow	-226.53	-298.29	-28.86	31.89	41.96	-3.44
Operating Cash Flow Growth	-	-	-	-24.00%	-	-
Capital Expenditures	-130.83	-125.33	-15.41	-7	-2	-7.07
Cash Acquisitions	-	-	0.25	-	-	-
Sale (Purchase) of Intangibles	-55.44	-25.1	-18.6	-3.56	-	-1.34
Investment in Securities	-443.09	-344.22	-	-12	-34.48	-56
Other Investing Activities	-3.21	-	-2.23	-	-	-
Investing Cash Flow	-632.58	-494.65	-35.99	-22.56	-36.48	-64.41
Short-Term Debt Issued	-	-	-	-	11.5	-
Long-Term Debt Issued	-	44.47	-	30	-	-
Total Debt Issued	44.47	44.47	-	30	11.5	56
Long-Term Debt Repaid	-	-	-83.5	-	-	-
Net Debt Issued (Repaid)	44.47	44.47	-83.5	30	11.5	56
Issuance of Common Stock	1,030	1,030	180	-	-	26.67
Other Financing Activities	-35.92	-51.02	-5.06	-	-	-
Financing Cash Flow	1,038	1,023	91.44	30	11.5	82.67
Net Cash Flow	179	230.05	26.59	39.33	16.99	14.81
Free Cash Flow	-357.36	-423.62	-44.27	24.89	39.96	-10.51
Free Cash Flow Growth	-	-	-	-37.70%	-	-
Free Cash Flow Margin	-18.47%	-31.54%	-10.02%	21.66%	73.51%	-67.07%
Free Cash Flow Per Share	-1.51	-1.92	-0.60	1.25	2.00	-0.53
Cash Interest Paid	4.37	2.8	0.08	0.07	0	0.02
Cash Income Tax Paid	0.61	0.61	-	-	-	-
Levered Free Cash Flow	-355	-557.79	-188.47	-5.08	19.7	-
Unlevered Free Cash Flow	-352.13	-555.91	-188.47	-5.03	19.7	-
Change in Working Capital	-375.57	-604.71	-288.64	-80.58	-35.53	-13.48

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