AKD Securities Limited (AKDSL) quarterly cash flow statement

Operating activities generated -Rs 1.4 bn of cash in Q4 FY2026 (Apr – Jun 2026), down 1,232.2% on Q4 FY2025. Dividends paid to shareholders came to Rs 159,812. Overall, cash increased by Rs 19.3 mn.

AKDSL cash flow statement (quarterly) (Rs mn)
Rs mn	TTM to Jun 2026	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q4 FY2022 Oct – Dec 2022	Q1 FY2022 Jan – Mar 2022	Q4 FY2021 Oct – Dec 2021	Q3 FY2021 Jul – Sep 2021	Q2 FY2021 Apr – Jun 2021	Q1 FY2021 Jan – Mar 2021
Net cash from operating activities	1,477.8	(1,397.3)	658.1	1,379.4	837.5	123.4	887.3	1,277.4	81.5	196.9	80.4	105.8	(305.1)	(231.0)	—	—	118.3	(89.7)	(120.1)	1.1	251.1
Net cash from investing activities	1,303.4	1,881.4	45.1	(963.2)	340.0	(481.9)	(376.9)	(149.8)	(106.5)	225.5	89.2	139.2	(183.3)	(203.6)	—	—	(46.7)	(49.8)	28.7	(38.6)	(125.6)
Dividends paid	(559.0)	(0.2)	0.0	(556.3)	(2.5)	(0.5)	(552.0)	(46.1)	(0.0)	(0.0)	(0.0)	0.0	(0.0)	(0.0)	—	—	—	—	—	—	—
Net cash from financing activities	(1,307.6)	(464.8)	(285.7)	(332.0)	(225.2)	233.4	(240.5)	(173.9)	136.7	(400.8)	(4.9)	144.9	(162.0)	(516.1)	—	—	(152.5)	34.6	(42.3)	38.7	(41.6)
Net change in cash	1,473.5	19.3	417.6	84.3	952.4	(125.1)	269.9	953.6	111.7	21.5	164.7	389.9	(650.4)	(950.7)	—	—	(80.8)	(104.9)	(133.7)	1.2	83.9

AKDSL cash flow statement — year-on-year change (Rs mn)
Rs mn	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q4 FY2022 Oct – Dec 2022	Q1 FY2022 Jan – Mar 2022	Q4 FY2021 Oct – Dec 2021	Q3 FY2021 Jul – Sep 2021	Q2 FY2021 Apr – Jun 2021	Q1 FY2021 Jan – Mar 2021
Net cash from operating activities	-1,232.2%	-25.8%	+8.0%	+928.1%	-37.3%	+1,003.8%	+1,107.8%	—	—	—	—	-357.8%	—	—	—	-52.9%	—	-141.8%	—	-59.0%
Net cash from investing activities	—	—	—	—	-313.8%	-522.4%	-207.6%	—	—	—	—	—	—	—	—	—	-143.9%	—	—	—
Dividends paid	-66.1%	-100.0%	+1,108.0%	+845,676.9%	+47,168,100.0%	+229,064,914.5%	—	-29.5%	-100.0%	—	—	—	—	—	—	—	—	—	—	—
Net cash from financing activities	-299.1%	—	—	-264.7%	—	—	-220.0%	—	—	—	—	—	-1,593.0%	—	—	—	—	—	—	—
Net change in cash	—	+54.7%	-91.2%	+752.7%	-681.5%	+63.9%	+144.6%	—	—	—	—	—	—	—	—	-196.4%	—	-154.6%	—	-86.1%

Change against the same quarter a year earlier; shown when the earlier figure is positive.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 16 Oct 2026.

All reported line items 61

AKDSL cash flow statement — all reported line items (Rs mn)
Rs mn	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q4 FY2022 Oct – Dec 2022	Q1 FY2022 Jan – Mar 2022	Q4 FY2021 Oct – Dec 2021	Q3 FY2021 Jul – Sep 2021	Q2 FY2021 Apr – Jun 2021	Q1 FY2021 Jan – Mar 2021
Profit/(Loss) - Starting Line - Cash Flow	3,697.6	(483.4)	1,363.3	2,883.6	394.9	583.6	2,349.5	808.1	413.4	59.6	732.1	460.4	(552.1)	—	—	15.2	38.0	51.5	75.3	86.4
Non-cash Items & Reconciliation Adjustments - Cash Flow	(3,478.0)	1,184.9	(825.4)	(2,247.5)	(137.9)	(164.0)	(1,817.9)	(413.4)	(83.5)	275.1	(447.4)	(277.6)	540.8	—	—	5.0	(11.4)	12.4	3.8	6.6
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	(11.7)	15.7	(31.3)	20.5	(6.6)	1.4	(1.7)	(20.6)	(9.8)	5.7	(72.6)	(1.2)	136.2	—	—	0.3	0.1	(0.2)	(0.5)	0.1
Financial Income/(Expense) - Cash Flow - to Reconcile	(254.4)	1.7	(12.3)	(11.6)	9.6	0.6	(168.0)	28.7	21.2	25.2	(228.1)	39.0	3.8	—	—	5.5	4.3	6.2	4.9	6.7
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	34.1	34.9	26.9	29.0	31.4	29.0	24.6	33.5	68.4	17.3	17.9	20.2	31.5	—	—	3.9	4.2	4.1	2.2	4.2
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	33.7	34.3	26.6	28.7	30.5	28.4	24.0	32.9	67.5	17.0	17.6	19.8	31.1	—	—	3.8	4.0	4.0	2.1	4.2
Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile	0.4	0.5	0.3	0.4	0.9	0.5	0.5	0.6	0.9	0.3	0.2	0.4	0.3	—	—	0.1	0.2	0.1	0.1	0.0
Impairment - Financial Fixed Assets - Operating - Cash Flow - to Reconcile	(187.5)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(0.1)	0.0	0.0	—
Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile	30.4	(345.6)	(157.1)	(451.8)	(195.2)	(119.7)	(198.7)	(35.1)	(6.7)	(30.6)	(281.1)	(138.9)	39.1	—	—	(4.9)	(9.2)	(4.5)	(3.8)	(4.2)
Property, Plant & Equipment including Intangible Assets - Gain/(Loss) - Cash Flow	(0.1)	(1.0)	(0.0)	—	(0.1)	0.0	(0.0)	0.0	3.0	0.0	(6.6)	(1.9)	(4.2)	—	—	—	0.0	(0.0)	(0.0)	—
Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile	(3,088.9)	1,478.2	(651.7)	(1,833.6)	22.8	(75.1)	(1,474.0)	(419.9)	(156.5)	257.5	116.4	(196.7)	330.3	—	—	0.2	(10.7)	6.9	1.0	(0.1)
Income Taxes - Paid/(Reimbursed) - Cash Flow	358.0	454.7	288.4	105.4	77.2	162.0	74.8	52.2	151.9	39.0	20.9	49.2	19.6	—	—	4.8	4.6	4.8	6.0	5.3
Investment Securities - Gain/(Loss) - Cash Flow	30.5	(344.6)	(157.0)	(451.8)	(195.1)	(119.7)	(198.7)	(35.1)	(9.7)	(30.6)	(274.5)	(136.9)	43.3	—	—	(4.9)	(9.2)	(4.5)	(3.8)	(4.2)
Interest Paid - Cash	20.1	16.7	0.1	28.0	4.4	9.3	17.7	28.1	59.5	30.8	8.3	39.7	20.4	—	—	5.8	4.4	6.8	4.6	6.7
Interest & Dividends - Received - Total - Cash Flow	264.9	8.2	22.7	23.9	11.0	17.5	187.2	1.6	7.4	7.7	270.3	3.6	9.5	—	—	—	0.3	—	—	—
Cash Flow from Operating Activities before Changes in Working Capital	106.3	238.3	272.1	526.5	186.4	265.9	626.3	316.0	125.9	272.6	525.8	97.5	(41.8)	—	—	9.6	17.8	52.4	68.4	81.1
Working Capital - Increase/(Decrease) - Cash Flow	(1,503.6)	419.8	1,107.4	311.0	(63.0)	621.4	651.1	(234.5)	71.0	(192.2)	(420.0)	(402.6)	(189.2)	—	—	108.8	(107.5)	(172.5)	(67.2)	170.0
Accounts Receivables - Decrease/(Increase) - Cash Flow	(609.0)	(315.5)	161.8	(209.5)	215.5	(47.8)	21.2	(362.4)	132.7	(90.6)	(329.2)	(20.9)	59.2	—	—	(58.3)	(68.6)	(42.9)	(5.0)	250.9
Prepaid Expenses - Decrease/(Increase) - Cash Flow	(3,248.7)	2,091.1	3,214.1	(3,942.4)	86.5	977.7	(3,284.4)	620.8	(712.2)	796.0	(1,816.2)	(1,044.3)	191.4	—	—	71.9	34.1	331.1	(146.6)	294.3
Other Assets - Decrease/(Increase) - Cash Flow	—	—	—	—	—	—	—	—	—	—	—	—	92.7	—	—	—	—	—	—	—
Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow	2,354.1	(1,355.9)	(2,268.5)	4,462.9	(365.0)	(308.5)	3,914.3	(492.9)	650.5	(897.6)	1,725.4	662.6	(532.4)	—	—	95.2	(73.0)	(460.6)	84.3	(375.2)
Net Cash Flow from Operating Activities	(1,397.3)	658.1	1,379.4	837.5	123.4	887.3	1,277.4	81.5	196.9	80.4	105.8	(305.1)	(231.0)	—	—	118.3	(89.7)	(120.1)	1.1	251.1
Capital Expenditures - Net - Cash Flow	(75.3)	19.3	88.4	15.1	9.2	1.8	3.1	(60.2)	(328.7)	2.2	4.6	252.2	655.9	—	—	0.1	1.5	1.0	0.7	0.7
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	(80.8)	18.2	88.4	14.6	8.5	1.8	3.1	(60.2)	(327.4)	1.2	0.6	252.2	655.9	—	—	0.1	0.5	1.0	0.4	0.7
Property, Plant & Equipment - Purchased - Cash Flow	—	19.2	88.5	—	10.0	1.8	3.3	—	—	1.4	8.5	258.2	667.8	—	—	0.1	0.5	1.0	0.4	0.7
Property, Plant & Equipment Sold - Cash Flow	80.8	1.0	0.1	—	1.4	0.0	0.2	60.2	327.4	0.1	7.9	6.0	11.9	—	—	—	0.0	0.0	0.0	—
Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow	5.5	1.2	0.0	0.5	0.7	0.0	—	—	(1.2)	1.0	4.0	0.0	0.0	—	—	—	1.0	0.0	0.3	—
Intangible Assets - Purchased/Acquired - Cash Flow	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.0	0.0	0.3	—
Intangible Assets - Net - Cash Flow	5.5	1.2	0.0	0.5	0.7	0.0	—	—	(1.2)	1.0	4.0	0.0	0.0	—	—	—	—	—	—	—
Capital Expenditures - Total	5.5	20.3	88.5	15.1	10.6	1.8	3.3	—	—	2.4	12.5	258.2	667.8	—	—	0.1	1.5	1.0	0.7	0.7
Investments excluding Loans - Decrease/(Increase) - Cash Flow	1,806.1	64.5	(874.7)	355.1	(472.7)	(375.1)	(146.7)	(166.7)	(103.2)	91.4	143.8	68.9	452.4	—	—	(46.5)	(48.3)	29.7	(37.9)	(125.0)
Investment Property excluded from Capital Expenditures - Sold/(Purchased) - Net - Cash Flow	—	0.0	0.0	0.0	0.0	0.0	0.0	(72.5)	(357.4)	—	—	—	—	—	—	—	—	—	—	—
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow	1,806.1	64.5	(874.7)	355.1	(472.7)	(375.1)	(146.7)	(94.2)	254.2	91.4	143.8	68.9	452.4	—	—	(46.5)	(48.3)	29.7	(37.9)	(125.0)
Other Investing Cash Flow - Decrease/(Increase)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.0	—	—	—
Net Cash Flow from Investing Activities	1,881.4	45.1	(963.2)	340.0	(481.9)	(376.9)	(149.8)	(106.5)	225.5	89.2	139.2	(183.3)	(203.6)	—	—	(46.7)	(49.8)	28.7	(38.6)	(125.6)
Dividends Paid - Cash - Total - Cash Flow	0.2	0.0	556.3	2.5	0.5	552.0	46.1	0.0	0.0	0.0	0.0	0.0	0.0	—	—	—	—	—	—	—
Dividends - Common - Cash Paid	0.2	0.0	556.3	2.5	0.5	552.0	46.1	0.0	0.0	0.0	0.0	0.0	0.0	—	—	—	—	—	—	—
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	(464.7)	(285.0)	224.5	(221.7)	233.9	311.6	(127.9)	136.7	(401.1)	(4.9)	145.2	(162.1)	(515.5)	—	—	(152.0)	39.6	(42.3)	38.7	(41.6)
Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow	(616.6)	(279.3)	170.6	279.3	(54.0)	446.0	—	—	—	—	—	—	(515.0)	—	—	(150.0)	40.0	(40.0)	40.0	(40.0)
Debt - Issued - Short-Term - Cash Flow	—	—	170.6	279.3	446.0	446.0	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Debt - Reduced - Short-Term - Cash Flow	616.6	—	—	—	500.0	—	—	—	—	—	—	—	515.0	—	—	150.0	—	40.0	—	40.0
Debt - Issued/Reduced - Long-Term - Cash Flow	151.9	(5.7)	53.9	(501.0)	287.9	(134.4)	(127.9)	136.7	(401.1)	(4.9)	145.2	(162.1)	(0.5)	—	—	(2.0)	(0.4)	(2.3)	(1.3)	(1.6)
Lease liabilities - Issued/(Reduced) - Cash Flow	(96.6)	(5.7)	53.9	(5.0)	(0.5)	(5.3)	(5.2)	(5.3)	5.7	(4.9)	(4.8)	(12.1)	(0.5)	—	—	(1.9)	(1.2)	(1.7)	(1.4)	(1.6)
Debt - Issued - Long-Term - Cash Flow	446.0	—	53.9	—	366.5	—	—	256.8	5.7	—	150.0	—	—	—	—	—	0.8	—	0.1	—
Lease liabilities - Issued - Cash flow	—	—	53.9	—	—	—	—	—	5.7	—	—	—	—	—	—	—	—	—	—	—
Debt - Reduced - Long-Term - Cash Flow	294.1	5.7	—	501.0	78.6	134.4	127.9	120.1	406.8	4.9	4.8	162.1	0.5	—	—	2.0	1.2	2.3	1.4	1.6
Lease liabilities - Reduced - Cash flow represents cash outflow due to the repayment of lease liability/debt of the company. It includes finance leases, capitalized lease, and hire-purchase agreement. Applicable to all industries. If Lease liability issue	96.6	5.7	—	5.0	0.5	5.3	5.2	5.3	—	4.9	4.8	12.1	0.5	—	—	1.9	1.2	1.7	1.4	1.6
Other Financing Cash Flow - Increase/(Decrease)	0.0	(0.6)	(0.2)	(1.0)	(0.0)	(0.1)	0.0	0.0	0.3	(0.0)	(0.3)	0.1	(0.6)	—	—	(0.5)	(5.0)	0.0	(0.0)	(0.0)
Net Cash Flow from Financing Activities	(464.8)	(285.7)	(332.0)	(225.2)	233.4	(240.5)	(173.9)	136.7	(400.8)	(4.9)	144.9	(162.0)	(516.1)	—	—	(152.5)	34.6	(42.3)	38.7	(41.6)
Net Change in Cash - Total	19.3	417.6	84.3	952.4	(125.1)	269.9	953.6	111.7	21.5	164.7	389.9	(650.4)	(950.7)	—	—	(80.8)	(104.9)	(133.7)	1.2	83.9
Net Cash from Continuing Operations	19.3	417.6	84.3	952.4	(125.1)	269.9	953.6	111.7	21.5	164.7	389.9	(650.4)	(950.7)	—	—	(80.8)	(104.9)	(133.7)	1.2	83.9
Net Cash - Beginning Balance	3,021.8	2,604.2	2,519.9	1,567.6	1,692.7	1,868.7	915.1	803.4	781.9	466.9	77.0	877.4	1,678.1	—	—	866.4	821.3	994.3	993.1	910.0
Net Cash - Ending Balance	3,041.1	3,021.8	2,604.2	2,519.9	1,567.6	2,138.7	1,868.7	915.1	803.4	631.6	466.9	227.0	727.4	—	—	785.6	716.4	860.6	994.3	993.8
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	358.0	454.7	288.4	105.4	77.2	162.0	74.8	52.2	151.9	39.0	20.9	49.2	19.6	—	—	4.8	4.6	4.8	6.0	5.3
Interest Paid - Cash Flow - Supplemental	20.1	16.7	0.1	28.0	4.4	9.3	17.7	28.1	59.5	30.8	8.3	39.7	20.4	—	—	5.8	4.4	6.8	4.6	6.7
Interest & Dividends - Received - Cash Flow - Supplemental	264.9	8.2	22.7	23.9	11.0	17.5	187.2	1.6	7.4	7.7	270.3	3.6	9.5	—	—	—	0.3	—	—	—
CF from Optg Activities before Change in WC & Int Payments	126.5	255.0	272.2	554.6	190.8	275.2	644.0	344.1	185.3	303.4	534.1	137.2	(21.4)	—	—	15.4	22.3	59.2	73.0	87.8
Depreciation, Depletion & Amortization - Cash Flow	34.1	34.9	26.9	29.0	31.4	29.0	24.6	33.5	68.4	17.3	17.9	20.2	31.5	—	—	3.9	4.2	4.1	2.2	4.2
Free Cash Flow to Equity	(1,786.7)	353.7	1,515.5	600.8	348.1	1,197.1	1,146.4	278.4	124.5	73.3	246.3	(719.4)	(1,402.4)	—	—	(33.8)	(51.6)	(163.4)	39.2	208.9
Free Cash Flow Net of Dividends	(1,403.0)	637.8	734.6	819.9	112.3	333.5	1,228.0	—	—	78.0	93.2	(563.3)	(898.9)	—	—	118.2	(91.2)	(121.1)	0.4	250.5
Free Cash Flow	(1,402.8)	637.8	1,291.0	822.4	112.8	885.5	1,274.1	—	—	78.0	93.2	(563.3)	(898.8)	—	—	118.2	(91.2)	(121.1)	0.4	250.5

Every line the company reported, in the original order and wording, without regrouping or signs changed.