HBL Growth Fund (HGFA) quarterly cash flow statement

HGFA cash flow statement (quarterly) (Rs mn)
Rs mn	Q4 FY2019 Apr – Jun 2019	Q2 FY2019 Oct – Dec 2018	Q1 FY2019 Jul – Sep 2018	Q4 FY2018 Apr – Jun 2018	Q3 FY2018 Jan – Mar 2018	Q2 FY2018 Oct – Dec 2017	Q1 FY2018 Jul – Sep 2017	Q4 FY2017 Apr – Jun 2017	Q3 FY2017 Jan – Mar 2017	Q2 FY2017 Oct – Dec 2016	Q1 FY2017 Jul – Sep 2016	Q4 FY2016 Apr – Jun 2016	Q3 FY2016 Jan – Mar 2016	Q2 FY2016 Oct – Dec 2015	Q1 FY2016 Jul – Sep 2015	Q4 FY2015 Apr – Jun 2015	Q3 FY2015 Jan – Mar 2015	Q2 FY2015 Oct – Dec 2014	Q1 FY2015 Jul – Sep 2014	Q4 FY2014 Apr – Jun 2014
Net cash from operating activities	—	(108.0)	349.7	(187.0)	(302.4)	481.7	428.1	200.1	129.6	62.4	72.7	149.1	61.7	(320.9)	(71.1)	492.9	(188.3)	553.5	924.5	(34.6)
Net cash from financing activities	—	—	(27.0)	17.4	0.0	(776.7)	0.0	0.0	0.0	(212.6)	(44.8)	0.0	(0.7)	(2.2)	(1.3)	(1.8)	(9.0)	(1,250.3)	(0.3)	(2.4)
Net change in cash	—	(125.4)	322.7	(169.7)	(302.4)	(295.0)	428.1	200.1	129.6	(150.3)	27.9	149.1	61.0	(323.1)	(72.4)	491.1	(197.3)	(696.8)	924.2	(37.0)

HGFA cash flow statement — year-on-year change (Rs mn)
Rs mn	Q4 FY2019 Apr – Jun 2019	Q2 FY2019 Oct – Dec 2018	Q1 FY2019 Jul – Sep 2018	Q4 FY2018 Apr – Jun 2018	Q3 FY2018 Jan – Mar 2018	Q2 FY2018 Oct – Dec 2017	Q1 FY2018 Jul – Sep 2017	Q4 FY2017 Apr – Jun 2017	Q3 FY2017 Jan – Mar 2017	Q2 FY2017 Oct – Dec 2016	Q1 FY2017 Jul – Sep 2016	Q4 FY2016 Apr – Jun 2016	Q3 FY2016 Jan – Mar 2016	Q2 FY2016 Oct – Dec 2015	Q1 FY2016 Jul – Sep 2015	Q4 FY2015 Apr – Jun 2015	Q3 FY2015 Jan – Mar 2015	Q2 FY2015 Oct – Dec 2014	Q1 FY2015 Jul – Sep 2014	Q4 FY2014 Apr – Jun 2014
Net cash from operating activities	—	-122.4%	-18.3%	-193.5%	-333.4%	+672.5%	+489.0%	+34.2%	+110.2%	—	—	-69.8%	—	-158.0%	-107.7%	—	-1,122.4%	-50.0%	+801.9%	—
Net cash from financing activities	—	—	—	—	—	—	—	-100.0%	—	—	—	—	—	—	—	—	—	—	—	—
Net change in cash	—	—	-24.6%	-184.8%	-333.4%	—	+1,433.7%	+34.2%	+112.5%	—	—	-69.6%	—	—	-107.8%	—	-2,418.6%	—	+802.6%	—

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. Updated 16 Oct 2026.

All reported line items 34

HGFA cash flow statement — all reported line items (Rs mn)
Rs mn	Q4 FY2019 Apr – Jun 2019	Q2 FY2019 Oct – Dec 2018	Q1 FY2019 Jul – Sep 2018	Q4 FY2018 Apr – Jun 2018	Q3 FY2018 Jan – Mar 2018	Q2 FY2018 Oct – Dec 2017	Q1 FY2018 Jul – Sep 2017	Q4 FY2017 Apr – Jun 2017	Q3 FY2017 Jan – Mar 2017	Q2 FY2017 Oct – Dec 2016	Q1 FY2017 Jul – Sep 2016	Q4 FY2016 Apr – Jun 2016	Q3 FY2016 Jan – Mar 2016	Q2 FY2016 Oct – Dec 2015	Q1 FY2016 Jul – Sep 2015	Q4 FY2015 Apr – Jun 2015	Q3 FY2015 Jan – Mar 2015	Q2 FY2015 Oct – Dec 2014	Q1 FY2015 Jul – Sep 2014	Q4 FY2014 Apr – Jun 2014
Profit/(Loss) - Starting Line - Cash Flow	—	(509.5)	(111.6)	(238.6)	511.4	62.8	(460.8)	41.3	78.8	1,263.4	277.0	285.5	18.1	162.7	(10.5)	664.1	(1,082.5)	542.2	(262.7)	582.5
Non-cash Items & Reconciliation Adjustments - Cash Flow	—	344.6	32.6	143.3	(653.9)	130.8	345.8	(642.9)	134.5	(1,141.4)	(309.9)	(366.2)	(92.1)	(233.0)	(60.8)	(741.6)	998.8	(642.2)	171.4	(702.3)
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	—	(20.3)	(1.2)	(17.8)	0.9	1.7	0.4	(78.2)	(0.1)	(1.5)	0.1	1.2	—	—	(3.2)	(3.9)	—	—	—	0.8
Financial Income/(Expense) - Cash Flow - to Reconcile	—	(153.5)	(57.9)	(241.1)	(120.9)	(307.2)	(27.3)	(228.3)	(53.8)	(202.7)	(44.8)	(47.6)	(166.6)	(151.2)	(27.8)	(155.5)	(80.9)	(85.6)	(70.3)	(78.2)
Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile	—	—	(1.2)	171.2	185.5	365.2	—	(579.0)	—	45.2	—	(93.5)	(13.2)	(8.3)	(20.9)	63.0	(202.5)	(147.4)	24.2	(183.2)
Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile	—	518.4	92.8	231.0	(719.4)	71.1	372.7	242.6	188.3	(982.4)	(265.3)	(226.4)	87.7	(73.5)	(8.8)	(645.3)	1,282.3	(409.2)	217.4	(441.7)
Investment & Trading Property - Realized Gain/(Loss) - Cash Flow - to Reconcile	—	—	(1.2)	171.2	185.5	365.2	—	(579.0)	—	45.2	—	(93.5)	(13.2)	(8.3)	(20.9)	63.0	(202.5)	(147.4)	24.2	(183.2)
Interest & Dividends - Received - Total - Cash Flow	—	202.3	199.2	75.1	91.1	371.7	69.6	97.6	23.7	246.8	86.7	118.9	12.6	169.6	101.2	140.6	0.1	136.0	19.8	148.2
Cash Flow from Operating Activities before Changes in Working Capital	—	(39.0)	120.1	(20.2)	(51.4)	565.3	(45.4)	(504.0)	237.0	368.8	53.7	38.1	(61.4)	99.3	30.0	63.1	(83.6)	36.0	(71.6)	28.4
Working Capital - Increase/(Decrease) - Cash Flow	—	(68.9)	229.6	(166.8)	(251.0)	(83.6)	473.5	704.1	(107.4)	(306.5)	18.9	111.0	123.1	(420.2)	(101.1)	429.8	(104.7)	517.5	996.0	(63.1)
Accounts Receivables - Decrease/(Increase) - Cash Flow	—	—	0.0	—	—	21.1	(6.6)	85.7	(2.5)	37.6	(121.3)	0.0	0.0	0.0	(0.0)	117.9	348.2	(391.0)	527.3	(336.8)
Other Assets - Decrease/(Increase) - Cash Flow	—	—	250.7	(170.4)	(256.3)	(106.7)	492.0	543.9	18.3	(359.5)	101.3	170.9	21.8	(410.8)	(125.8)	318.4	169.3	431.5	701.3	20.9
Investment Securities - Decrease/(Increase) - Operating - Cash Flow	—	—	—	—	(0.8)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Accrued Expenses - Increase/(Decrease) - Cash Flow	—	1.0	(2.6)	1.4	0.6	(2.0)	(1.7)	77.5	(78.1)	(3.3)	3.7	10.4	10.6	8.3	11.4	9.7	(5.3)	24.6	10.7	20.5
Investment Securities - Sold/Matured - Operating - Cash Flow	—	—	—	—	(0.8)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Accounts Payable - Increase/(Decrease) - Cash Flow	—	(70.0)	(18.6)	2.2	5.5	4.0	(10.2)	(3.1)	(45.1)	18.6	35.2	(70.3)	90.7	(17.7)	13.3	(16.3)	(616.8)	452.4	(243.3)	232.2
Net Cash Flow from Operating Activities	—	(108.0)	349.7	(187.0)	(302.4)	481.7	428.1	200.1	129.6	62.4	72.7	149.1	61.7	(320.9)	(71.1)	492.9	(188.3)	553.5	924.5	(34.6)
Dividends Paid - Cash - Total - Cash Flow	—	—	0.3	—	0.0	776.7	0.0	0.0	0.0	212.6	44.8	—	0.7	2.2	1.3	1.8	9.0	1,250.3	0.3	2.4
Dividends - Common - Cash Paid	—	—	0.3	—	0.0	776.7	0.0	0.0	0.0	212.6	44.8	—	0.7	2.2	1.3	1.8	9.0	1,250.3	0.3	2.4
Stock - Total - Issuance/(Retirement) - Net - Cash Flow	—	15.7	(26.7)	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—
Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow	—	15.7	(26.7)	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—
Stock - Common - Issuance/(Retirement) - Net - Cash Flow	—	15.7	(26.7)	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—
Stock - Common - Repurchased/Retired - Cash Flow	—	—	33.5	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—
Stock - Common - Issued/Sold - Cash Flow	—	15.7	6.8	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Financing Cash Flow - Increase/(Decrease)	—	—	—	17.4	—	—	—	—	—	—	—	0.0	—	—	—	—	—	—	—	—
Net Cash Flow from Financing Activities	—	—	(27.0)	17.4	0.0	(776.7)	0.0	0.0	0.0	(212.6)	(44.8)	0.0	(0.7)	(2.2)	(1.3)	(1.8)	(9.0)	(1,250.3)	(0.3)	(2.4)
Net Change in Cash - Total	—	(125.4)	322.7	(169.7)	(302.4)	(295.0)	428.1	200.1	129.6	(150.3)	27.9	149.1	61.0	(323.1)	(72.4)	491.1	(197.3)	(696.8)	924.2	(37.0)
Net Cash from Continuing Operations	—	—	322.7	(169.7)	(302.4)	(295.0)	428.1	200.1	129.6	(150.3)	27.9	149.1	61.0	(323.1)	(72.4)	491.1	(197.3)	(696.8)	924.2	(37.0)
Net Cash - Beginning Balance	—	—	729.2	898.8	1,201.3	1,496.3	350.6	449.6	320.0	470.3	442.4	293.3	232.3	555.4	627.8	136.7	334.1	1,030.8	106.6	143.7
Net Cash - Ending Balance	—	1,001.4	1,051.9	729.2	898.8	1,201.3	778.7	649.7	449.6	320.0	470.3	442.4	293.3	232.3	555.4	627.8	136.7	334.1	1,030.8	106.6
Interest & Dividends - Received - Cash Flow - Supplemental	—	202.3	199.2	75.1	91.1	371.7	69.6	97.6	23.7	246.8	86.7	118.9	12.6	169.6	101.2	140.6	0.1	136.0	19.8	148.2
CF from Optg Activities before Change in WC & Int Payments	—	(39.0)	120.1	(20.2)	(51.4)	565.3	(45.4)	(504.0)	237.0	368.8	53.7	38.1	(61.4)	99.3	30.0	63.1	(83.6)	36.0	(71.6)	28.4
Cash Dividends Paid & Common Stock Buyback - Net	—	—	27.0	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—
Common Stock Buyback - Net	—	(15.7)	26.7	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—

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