Azure Power Global Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Year	2022	2021	2020	2019	2018	2017 - 2013
Net Income	-2,285	-28.24	-56.66	-32	1.12	Upgrade
Depreciation & Amortization	4,024	49.22	43.13	40.34	30.56	Upgrade
Share-Based Compensation	0	0	1,001	186	0	Upgrade
Other Operating Activities	6,218	40.72	-920.43	-142.46	-1.42	Upgrade
Operating Cash Flow	7,957	61.7	67.04	51.87	30.25	Upgrade
Operating Cash Flow Growth	12796.96%	-7.98%	29.25%	71.46%	6.04%	Upgrade
Capital Expenditures	-5,953	-548.79	-254.85	-258.99	-372.51	Upgrade
Acquisitions	54	20.9	0	0	-21.08	Upgrade
Change in Investments	-362	-1.26	-	-910.44	-366.96	Upgrade
Other Investing Activities	3	0	-	911.97	388.37	Upgrade
Investing Cash Flow	-6,258	-529.15	-254.85	-257.47	-372.18	Upgrade
Common Stock Issued	0	249.93	5.42	74.99	194.97	Upgrade
Other Financing Activities	-4,118	312.95	197.89	152.72	189.45	Upgrade
Financing Cash Flow	-4,118	562.88	203.3	227.71	384.42	Upgrade
Net Cash Flow	-2,339	76.88	-111.13	125.92	-96.89	Upgrade
Free Cash Flow	2,004	-487.09	-187.81	-207.12	-342.26	Upgrade
Free Cash Flow Margin	9.66%	-197.88%	-91.51%	-113.34%	-241.16%	Upgrade
Free Cash Flow Per Share	-	-9.57	-3.81	-4.68	-9.80	Upgrade

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.