AVN Avanceon Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 27.24 +0.15%
Annual · FY2008 – FY2025
Avanceon Limited (AVN) cash flow statement
Operating activities generated -Rs 659.0 mn of cash in FY2025 (Jan – Dec 2025), down 187.7% on FY2024, -80% of the starting profit. Capital expenditure was Rs 526.8 mn, leaving free cash flow of -Rs 1.2 bn. Dividends paid to shareholders came to Rs 14.1 mn. Overall, cash increased by Rs 328.5 mn.
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 820.4 | 1,493.7 | 3,720.4 | 1,081.7 | 1,758.7 | |||||||||||||
| Depreciation & amortisation | 254.6 | 236.7 | 189.6 | 95.4 | 57.9 | |||||||||||||
| Net cash from operating activities | (659.0) | 751.4 | (585.7) | 187.6 | (83.3) | |||||||||||||
| Investing activities | ||||||||||||||||||
| Capital expenditure | (526.8) | (525.7) | (292.7) | (144.4) | (26.4) | |||||||||||||
| Net cash from investing activities | (406.3) | (587.0) | (204.7) | 109.4 | (270.6) | |||||||||||||
| Financing activities | ||||||||||||||||||
| Dividends paid | (14.1) | (759.2) | (47.7) | (197.2) | (82.5) | |||||||||||||
| Borrowings raised / (repaid) | 1,412.2 | 238.1 | (19.2) | (8.1) | (93.9) | |||||||||||||
| Net cash from financing activities | 1,393.7 | (538.9) | 574.3 | (262.1) | 1,138.9 | |||||||||||||
| Net change in cash | 328.5 | (374.5) | (216.0) | 34.9 | 785.0 | |||||||||||||
| Key figures | ||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (1,185.8) | 225.7 | (878.3) | 43.2 | (109.7) | |||||||||||||
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||
| Profit (cash-flow starting line, as reported) | -45.1% | -59.9% | +243.9% | -38.5% | +48.6% | |||||||||||||
| Depreciation & amortisation | +7.6% | +24.8% | +98.7% | +64.7% | -11.5% | |||||||||||||
| Net cash from operating activities | -187.7% | — | -412.2% | — | -112.0% | |||||||||||||
| Investing activities | ||||||||||||||||||
| Capital expenditure | +0.2% | +79.6% | +102.7% | +447.3% | +89.3% | |||||||||||||
| Net cash from investing activities | — | — | -287.0% | — | -370.6% | |||||||||||||
| Financing activities | ||||||||||||||||||
| Dividends paid | -98.1% | +1,491.4% | -75.8% | +139.0% | -67.3% | |||||||||||||
| Borrowings raised / (repaid) | +493.0% | — | — | — | — | |||||||||||||
| Net cash from financing activities | — | -193.8% | — | -123.0% | — | |||||||||||||
| Net change in cash | — | — | -718.2% | -95.5% | +86.0% | |||||||||||||
| Key figures | ||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -625.4% | — | -2,131.6% | — | -116.2% | |||||||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 66
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 |
|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 820.4 | 1,493.7 | 3,720.4 | 1,081.7 | 1,758.7 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 1,146.6 | 893.3 | (3,580.5) | 162.9 | (159.4) |
| Discontinued Operations - Gain/(Loss) - Net of Tax - Cash Flow - to Reconcile | — | — | — | — | — |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 200.5 | (70.7) | (4,282.2) | (218.4) | (427.2) |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 512.9 | 447.9 | 408.6 | 223.0 | 124.6 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 254.6 | 236.7 | 189.6 | 95.4 | 57.9 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 206.7 | 194.1 | 168.9 | 95.4 | 57.9 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 47.8 | 42.6 | 20.7 | — | — |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (12.8) | (8.2) | (8.6) | (14.2) | (13.2) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | — | — | — | — | — |
| Share Based Payments - Cash Flow - to Reconcile | 191.5 | 287.6 | 112.1 | 77.0 | 98.4 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 243.0 | 254.0 | 86.5 | 21.4 | 56.7 |
| Interest Paid - Cash | 503.2 | 440.9 | 413.4 | 201.2 | 122.6 |
| Cash Flow from Operating Activities before Changes in Working Capital | 1,220.8 | 1,692.1 | (360.0) | 1,022.0 | 1,420.0 |
| Working Capital - Increase/(Decrease) - Cash Flow | (1,879.8) | (940.7) | (225.7) | (834.4) | (1,503.3) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (668.9) | (1,673.1) | (925.0) | (3,983.9) | (2,357.3) |
| Inventories - Decrease/(Increase) - Cash Flow | (65.1) | (43.4) | (63.2) | 5.7 | 51.0 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | (1,084.5) | (431.6) | (1,126.8) | (162.7) | 268.8 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 642.1 | 1,307.4 | 1,371.7 | 2,450.6 | 554.7 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | (703.3) | (100.1) | 517.6 | 855.8 | (20.5) |
| Net Cash Flow from Operating Activities | (659.0) | 751.4 | (585.7) | 187.6 | (83.3) |
| Capital Expenditures - Net - Cash Flow | 509.7 | 510.8 | 272.1 | 114.2 | 6.1 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 237.0 | 268.8 | 223.1 | 85.1 | 6.1 |
| Property, Plant & Equipment - Purchased - Cash Flow | 254.1 | 283.7 | 243.7 | 115.3 | 26.4 |
| Property, Plant & Equipment Sold - Cash Flow | 17.1 | 14.9 | 20.6 | 30.2 | 20.3 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | 272.7 | 242.0 | 49.0 | 29.1 | — |
| Intangible Assets - Purchased/Acquired - Cash Flow | 272.7 | 242.0 | 49.0 | 29.1 | — |
| Capital Expenditures - Total | 526.8 | 525.7 | 292.7 | 144.4 | 26.4 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 99.4 | (85.9) | (29.3) | 235.8 | (265.6) |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 99.4 | (85.9) | (29.3) | 235.8 | (265.6) |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | 3.3 | — | — | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | 89.2 | — | — | 265.6 |
| Other Investing Cash Flow - Decrease/(Increase) | 4.0 | 9.8 | 96.7 | (12.2) | 1.2 |
| Net Cash Flow from Investing Activities | (406.3) | (587.0) | (204.7) | 109.4 | (270.6) |
| Dividends Paid - Cash - Total - Cash Flow | 14.1 | 759.2 | 47.7 | 197.2 | 82.5 |
| Dividends - Common - Cash Paid | 14.1 | 759.2 | 47.7 | 197.2 | 82.5 |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | 73.9 | 10.1 | 38.0 | 40.6 | 1,088.9 |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | 73.9 | 10.1 | 38.0 | 40.6 | 1,088.9 |
| Stock - Common - Issuance/(Retirement) - Net - Cash Flow | 73.9 | 10.1 | 38.0 | 40.6 | 1,088.9 |
| Stock - Common - Issued/Sold - Cash Flow | 73.9 | 10.1 | 38.0 | 40.6 | 1,088.9 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 1,412.2 | 238.1 | (19.2) | (8.1) | (93.9) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 1,526.0 | 283.7 | — | — | — |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (113.7) | (45.5) | (19.2) | (8.1) | (93.9) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (53.8) | (18.2) | 6.7 | (78.1) | (66.5) |
| Debt - Issued - Long-Term - Cash Flow | — | — | 6.7 | 70.0 | — |
| Lease liabilities - Issued - Cash flow | — | — | 6.7 | — | — |
| Debt - Reduced - Long-Term - Cash Flow | 113.7 | 45.5 | 25.9 | 78.1 | 93.9 |
| 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 | 53.8 | 18.2 | — | 78.1 | 66.5 |
| Other Financing Cash Flow - Increase/(Decrease) | (78.3) | (27.9) | 603.2 | (97.3) | 226.4 |
| Net Cash Flow from Financing Activities | 1,393.7 | (538.9) | 574.3 | (262.1) | 1,138.9 |
| Foreign Exchange Effects - Cash Flow | — | — | — | — | — |
| Net Change in Cash - Total | 328.5 | (374.5) | (216.0) | 34.9 | 785.0 |
| Net Cash from Continuing Operations | 328.5 | (374.5) | (216.0) | 34.9 | 785.0 |
| Net Cash - Beginning Balance | 756.7 | 1,131.3 | 1,347.3 | 1,312.3 | 527.3 |
| Net Cash - Ending Balance | 1,085.2 | 756.7 | 1,131.3 | 1,347.3 | 1,312.3 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 243.0 | 254.0 | 86.5 | 21.4 | 56.7 |
| Interest Paid - Cash Flow - Supplemental | 503.2 | 440.9 | 413.4 | 201.2 | 122.6 |
| CF from Optg Activities before Change in WC & Int Payments | 1,724.0 | 2,133.0 | 53.4 | 1,223.2 | 1,542.5 |
| Contract Assets - Decrease/(Increase) - Cash Flow | 1,379.2 | (3,751.5) | 699.5 | (2,359.5) | (376.5) |
| Contract Liabilities - Increase/(Decrease) - Cash Flow | — | — | 517.6 | 856.1 | (19.0) |
| Cash Dividends Paid & Common Stock Buyback - Net | (59.8) | 749.1 | 9.7 | 156.6 | (1,006.4) |
| Common Stock Buyback - Net | (73.9) | (10.1) | (38.0) | (40.6) | (1,088.9) |
| Depreciation, Depletion & Amortization - Cash Flow | 254.6 | 236.7 | 189.6 | 95.4 | 57.9 |
| Free Cash Flow to Equity | 243.5 | 478.7 | (877.0) | 65.3 | (183.3) |
| Free Cash Flow Net of Dividends | (1,199.8) | (533.5) | (926.1) | (154.0) | (192.2) |
| Free Cash Flow | (1,185.8) | 225.7 | (878.3) | 43.2 | (109.7) |
Every line the company reported, in the original order and wording, without regrouping or signs changed.