HDFC Bank Limited (HDB)

HDFC Bank Cash Flow Statement

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

Year	2022	2021	2020	2019	2018
Net Income	495,447	386,000	325,977	260,270	220,104
Depreciation & Amortization	23,490	16,817	13,860	12,800	12,249
Share-Based Compensation	14,015	13,875	10,604	7,476	5,343
Other Operating Activities	-55,750.6	164,326	571,335	-109,366.6	-54,423.7
Operating Cash Flow	477,201	581,018	921,776	171,180	183,272
Operating Cash Flow Growth	-17.87%	-36.97%	438.48%	-6.60%	94.40%
Capital Expenditures	-43,193.5	-26,125.3	-17,653.7	-18,111.9	-16,142.7
Change in Investments	-3,823,317	-2,993,734.4	-2,313,698.2	-1,879,638.4	-1,280,483.9
Other Investing Activities	-526,272.5	-282,420.1	-189,797.8	-252,738.1	-240,356.2
Investing Cash Flow	-4,392,783	-3,302,279.8	-2,521,149.7	-2,150,488.4	-1,536,982.8
Dividends Paid	-86,394.3	-36,239.2	-166.6	-66,447.3	-41,015.2
Share Issuance / Repurchase	34,158	26,097	17,601	18,487	257,904
Debt Issued / Paid	1,000,549	684,319	17,680	-320,692.2	-31,698
Other Financing Activities	3,225,597	2,237,930	1,883,256	2,214,439	1,332,311
Financing Cash Flow	4,173,910	2,912,108	1,918,369	1,845,787	1,517,502
Exchange Rate Effect	7,036	490.5	-262.2	10,611	-3,069.7
Net Cash Flow	265,364	191,336	318,734	-122,911.6	160,722
Free Cash Flow	434,007	554,893	904,123	153,068	167,130
Free Cash Flow Growth	-21.79%	-38.63%	490.67%	-8.41%	96.19%
Free Cash Flow Margin	38.37%	62.18%	115.55%	22.71%	28.07%
Free Cash Flow Per Share	235.02	302.27	495.16	84.39	96.70

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).