Invest Capital Investment Bank Limited (ICIBL) quarterly cash flow statement

Operating activities generated Rs 20.8 mn of cash in Q4 FY2026 (Apr – Jun 2026), down 22.8% on Q4 FY2025. Overall, cash decreased by Rs 34.5 mn.

ICIBL 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	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 Jul – Sep 2021
Net cash from operating activities	91.1	20.8	59.8	(16.3)	26.8	27.0	34.3	(10.8)	31.7	30.2	42.6	15.3	23.5	18.8	37.2	(58.7)	67.3	24.9	35.3	10.8	57.8
Net cash from investing activities	12.9	(55.4)	47.6	57.4	(36.7)	(76.2)	(126.8)	168.4	4.9	(23.7)	(29.8)	(0.6)	(18.8)	12.9	31.6	86.4	(105.7)	(73.8)	(49.6)	(34.9)	26.3
Net cash from financing activities	(12.9)	0.1	0.0	(12.2)	(0.8)	(0.8)	(0.8)	(67.0)	(0.8)	(0.8)	(0.8)	(1.4)	(1.7)	(33.4)	(76.0)	(26.6)	47.8	44.4	15.7	(52.4)	(2.4)
Net change in cash	91.1	(34.5)	107.3	29.0	(10.7)	(50.0)	(93.3)	90.5	35.9	5.7	11.9	13.3	3.0	(1.7)	(7.3)	1.2	9.3	(4.5)	1.4	(76.5)	81.8

ICIBL 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	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 Jul – Sep 2021
Net cash from operating activities	-22.8%	+74.4%	—	-15.6%	-10.8%	-19.4%	-171.0%	+34.9%	+61.1%	+14.5%	—	-65.0%	-24.6%	+5.3%	-643.9%	+16.3%	+166.0%	+22.6%	-31.2%	-46.1%
Net cash from investing activities	—	—	-65.9%	-843.1%	—	—	—	—	-283.4%	-194.4%	-100.6%	—	—	—	—	-501.9%	-4,684.6%	—	—	—
Net cash from financing activities	—	—	—	—	—	—	—	—	—	—	—	-103.6%	-175.2%	-584.9%	—	—	—	+895.2%	—	—
Net change in cash	—	—	-68.0%	-129.8%	-979.7%	-884.0%	+580.4%	+1,081.8%	—	—	+1,024.6%	-67.3%	—	-631.4%	—	-88.6%	-196.9%	—	—	-13.7%

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 59

ICIBL 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	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 Jul – Sep 2021
Profit/(Loss) - Starting Line - Cash Flow	15.4	30.6	33.9	21.9	52.3	36.2	25.9	36.3	41.5	37.0	43.3	26.6	17.5	44.8	21.5	15.4	13.0	26.0	24.0	58.5
Non-cash Items & Reconciliation Adjustments - Cash Flow	(2.0)	(5.1)	(16.4)	17.3	(27.4)	3.3	(1.7)	(11.4)	(14.5)	(4.7)	(20.9)	(2.8)	(7.8)	13.7	4.7	5.5	4.4	(7.6)	4.0	(5.9)
Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile	3.5	0.0	3.0	—	(13.4)	(0.0)	13.3	(1.5)	3.2	0.0	(9.3)	—	(0.6)	(0.2)	(2.0)	—	1.7	0.0	3.2	0.0
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	5.3	0.0	0.1	(0.1)	3.0	1.3	—	—	(0.7)	(0.0)	—	—	0.0	4.2	—	—	1.0	(5.7)	(0.8)	0.0
Financial Income/(Expense) - Cash Flow - to Reconcile	(0.3)	(0.6)	(0.7)	(0.8)	(0.1)	0.0	0.0	(0.0)	(0.3)	(0.8)	(2.4)	(2.3)	0.1	(0.9)	3.6	4.3	(1.8)	0.9	0.4	1.3
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	1.7	1.1	1.0	1.0	1.1	1.1	1.1	1.1	1.3	1.3	1.3	1.4	1.6	1.6	1.6	1.2	0.7	0.7	0.7	0.7
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	1.6	1.1	0.9	1.0	1.1	1.1	1.1	1.1	1.3	1.3	1.3	1.3	1.5	1.5	1.5	1.2	0.6	0.6	0.6	0.6
Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.0	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0
Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile	3.2	(24.4)	(4.3)	0.0	(7.0)	0.0	(1.9)	(0.7)	(9.8)	0.0	(0.1)	0.0	(7.9)	8.1	0.0	(1.4)	(0.0)	(5.5)	0.2	(9.0)
Property, Plant & Equipment including Intangible Assets - Gain/(Loss) - Cash Flow	1.8	(24.4)	(3.2)	0.0	0.0	0.0	(1.7)	(0.3)	0.0	—	—	0.0	0.0	0.0	(0.0)	(1.1)	—	—	—	0.0
Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile	(15.4)	18.7	(15.5)	17.3	(11.1)	0.8	(14.3)	(10.3)	(8.2)	(5.2)	(10.4)	(1.9)	(1.0)	0.9	1.6	1.4	2.9	2.2	0.4	1.1
Income Taxes - Paid/(Reimbursed) - Cash Flow	7.1	7.2	7.8	2.2	4.3	5.5	16.6	1.0	3.2	4.2	8.3	2.9	4.2	4.4	11.1	4.8	15.9	(10.4)	5.8	6.7
Investment Securities - Gain/(Loss) - Cash Flow	1.4	(0.0)	(1.1)	—	(7.0)	0.0	(0.2)	(0.4)	(9.8)	0.0	(0.1)	0.0	(7.9)	8.1	0.0	(0.3)	(0.0)	(5.5)	0.2	(9.0)
Interest Paid - Cash	0.0	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.2	3.4	4.9	2.2	1.9	0.0	0.0	0.0
Interest & Dividends - Received - Total - Cash Flow	1.4	0.6	0.9	0.8	0.4	0.0	0.3	0.3	1.1	0.8	2.4	2.3	0.5	3.5	0.7	0.3	4.1	—	0.5	—
Cash Flow from Operating Activities before Changes in Working Capital	7.7	18.9	10.7	37.8	21.0	33.9	7.9	24.2	24.9	28.9	16.6	23.1	4.8	54.2	10.9	14.1	3.7	28.9	22.8	45.9
Working Capital - Increase/(Decrease) - Cash Flow	13.1	40.8	(27.0)	(11.0)	5.9	0.4	(18.8)	7.5	5.3	13.6	(1.3)	0.4	14.0	(17.1)	(69.5)	53.2	21.2	6.4	(12.0)	11.9
Accounts Receivables - Decrease/(Increase) - Cash Flow	0.1	0.1	—	—	—	—	—	—	0.0	—	—	—	0.0	0.0	0.0	—	0.0	0.0	0.0	—
Prepaid Expenses - Decrease/(Increase) - Cash Flow	(4.8)	41.0	(24.7)	(11.6)	2.8	1.3	(5.8)	5.3	29.8	3.5	(0.5)	(0.2)	(6.1)	24.1	(47.4)	37.1	4.4	(6.8)	8.3	—
Other Assets - Decrease/(Increase) - Cash Flow	(0.1)	0.0	(0.0)	(1.0)	(3.0)	(0.9)	(0.1)	(2.5)	(27.9)	0.1	(0.1)	(0.0)	(1.3)	0.0	(6.6)	4.1	13.9	15.0	(13.6)	8.4
Receivables - Finance & Lease - Decrease/(Increase) - Cash Flow	20.7	(0.0)	(1.8)	(0.1)	(0.5)	(1.2)	(1.1)	(0.1)	(0.0)	(0.1)	(0.2)	(0.9)	19.4	(30.3)	(0.5)	(0.0)	(0.5)	(2.1)	(3.5)	(1.9)
Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow	(5.1)	(0.2)	(0.4)	1.7	6.5	1.2	(11.7)	4.8	3.4	10.1	(0.4)	1.5	1.9	(10.9)	(15.0)	12.0	3.4	0.3	(3.3)	5.4
Other Liabilities - Increase/(Decrease) -Total - Cash Flow	2.2	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Cash Flow from Operating Activities	20.8	59.8	(16.3)	26.8	27.0	34.3	(10.8)	31.7	30.2	42.6	15.3	23.5	18.8	37.2	(58.7)	67.3	24.9	35.3	10.8	57.8
Capital Expenditures - Net - Cash Flow	1.8	(34.5)	(3.4)	0.1	0.0	0.0	(1.7)	(0.3)	0.0	0.0	0.1	0.0	(0.0)	0.0	0.7	(1.0)	17.5	0.1	—	—
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	1.8	(34.5)	(3.4)	0.1	0.0	0.0	(1.7)	(0.3)	0.0	0.0	0.1	0.0	(0.0)	0.0	(0.2)	(1.0)	17.5	0.1	—	—
Property, Plant & Equipment - Purchased - Cash Flow	1.8	5.1	—	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0	12.0	0.2	17.5	0.1	—	—
Property, Plant & Equipment Sold - Cash Flow	—	39.6	3.4	—	0.0	—	1.7	0.3	0.0	—	—	0.0	0.0	—	12.2	1.2	0.0	—	—	—
Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow	—	—	—	—	—	—	—	—	0.0	—	—	—	0.0	0.0	0.9	—	—	—	—	—
Intangible Assets - Purchased/Acquired - Cash Flow	—	—	—	—	—	—	—	—	0.0	—	—	—	0.0	0.0	0.9	—	—	—	—	—
Capital Expenditures - Total	1.8	5.1	—	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0	12.9	0.2	17.5	0.1	—	—
Investments excluding Loans - Decrease/(Increase) - Cash Flow	(66.4)	(29.2)	92.9	(63.1)	(59.1)	(34.3)	122.3	(30.7)	(112.8)	22.3	(2.5)	(22.0)	(11.4)	50.1	80.1	(38.1)	40.6	35.6	(16.8)	(35.3)
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow	(66.4)	(29.2)	92.9	(63.1)	(59.1)	(34.3)	122.3	(30.7)	(112.8)	22.3	(2.5)	(22.0)	(11.4)	50.1	80.1	(38.1)	40.6	35.6	(16.8)	(35.3)
Investment Securities - Sold/Matured - Unclassified - Cash Flow	—	30.3	—	51.5	30.7	—	179.9	7.5	25.8	35.5	26.0	24.2	36.8	—	—	—	—	—	—	—
Investment Securities - Purchased - Unclassified - Cash Flow	66.4	59.5	—	114.6	89.8	34.3	57.6	38.1	138.6	13.2	28.5	46.2	48.3	—	—	—	—	—	—	—
Other Investing Cash Flow - Decrease/(Increase)	12.8	42.3	(38.9)	26.5	(17.1)	(92.5)	44.4	35.3	89.0	(52.1)	2.0	3.3	24.4	(18.5)	7.1	(68.6)	(96.9)	(85.1)	(18.1)	61.6
Net Cash Flow from Investing Activities	(55.4)	47.6	57.4	(36.7)	(76.2)	(126.8)	168.4	4.9	(23.7)	(29.8)	(0.6)	(18.8)	12.9	31.6	86.4	(105.7)	(73.8)	(49.6)	(34.9)	26.3
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	13.0	(13.0)	0.0	—	59.8	0.0	(66.2)	—	0.0	0.0	0.0	0.0	(32.0)	(74.0)	(25.0)	49.6	50.0	15.0	(50.0)	0.0
Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow	60.0	0.0	0.0	—	—	59.8	—	—	—	—	—	—	—	—	—	—	0.0	—	—	—
Debt - Issued - Short-Term - Cash Flow	60.0	0.0	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Debt - Issued/Reduced - Long-Term - Cash Flow	(47.0)	(13.0)	0.0	—	59.8	(59.8)	(66.2)	—	0.0	0.0	0.0	0.0	(32.0)	(74.0)	(25.0)	49.6	50.0	15.0	(50.0)	0.0
Lease liabilities - Issued/(Reduced) - Cash Flow	(0.1)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Debt - Issued - Long-Term - Cash Flow	—	—	0.0	—	126.0	—	—	—	—	—	—	—	—	—	—	66.0	50.0	15.0	—	—
Debt - Reduced - Long-Term - Cash Flow	47.0	13.0	—	—	66.2	59.8	66.2	—	0.0	0.0	0.0	0.0	32.0	74.0	25.0	16.4	0.0	0.0	50.0	0.0
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	0.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Financing Cash Flow - Increase/(Decrease)	(13.0)	13.0	(12.2)	(0.8)	(60.6)	(0.8)	(0.8)	(0.8)	(0.8)	(0.8)	(1.4)	(1.7)	(1.4)	(2.0)	(1.6)	(1.9)	(5.6)	0.7	(2.4)	(2.4)
Net Cash Flow from Financing Activities	0.1	0.0	(12.2)	(0.8)	(0.8)	(0.8)	(67.0)	(0.8)	(0.8)	(0.8)	(1.4)	(1.7)	(33.4)	(76.0)	(26.6)	47.8	44.4	15.7	(52.4)	(2.4)
Net Change in Cash - Total	(34.5)	107.3	29.0	(10.7)	(50.0)	(93.3)	90.5	35.9	5.7	11.9	13.3	3.0	(1.7)	(7.3)	1.2	9.3	(4.5)	1.4	(76.5)	81.8
Net Cash from Continuing Operations	(34.5)	107.3	29.0	(10.7)	(50.0)	(93.3)	90.5	35.9	5.7	11.9	13.3	3.0	(1.7)	(7.3)	1.2	9.3	(4.5)	1.4	(76.5)	81.8
Net Cash - Beginning Balance	156.0	48.7	19.7	30.4	80.4	173.7	83.2	47.3	41.6	29.7	16.4	13.4	15.1	22.3	21.1	11.8	16.3	15.0	91.4	9.7
Net Cash - Ending Balance	121.5	156.0	48.7	19.7	30.4	80.4	173.7	83.2	47.3	41.6	29.7	16.4	13.4	15.1	22.3	21.1	11.8	16.3	15.0	91.4
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	7.1	7.2	7.8	2.2	4.3	5.5	16.6	1.0	3.2	4.2	8.3	2.9	4.2	4.4	11.1	4.8	15.9	(10.4)	5.8	6.7
Interest Paid - Cash Flow - Supplemental	0.0	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.2	3.4	4.9	2.2	1.9	0.0	0.0	0.0
Interest & Dividends - Received - Cash Flow - Supplemental	1.4	0.6	0.9	0.8	0.4	0.0	0.3	0.3	1.1	0.8	2.4	2.3	0.5	3.5	0.7	0.3	4.1	—	0.5	—
CF from Optg Activities before Change in WC & Int Payments	7.7	18.9	10.7	37.8	21.0	33.9	7.9	24.2	24.9	28.9	16.6	23.1	6.0	57.6	15.8	16.3	5.5	28.9	22.8	45.9
Depreciation, Depletion & Amortization - Cash Flow	1.7	1.1	1.0	1.0	1.1	1.1	1.1	1.1	1.3	1.3	1.3	1.4	1.6	1.6	1.6	1.2	0.7	0.7	0.7	0.7
Free Cash Flow to Equity	32.1	81.3	(12.9)	26.7	86.8	34.3	(75.4)	32.0	30.2	42.6	15.2	23.5	(13.2)	(36.8)	(84.4)	117.9	57.4	50.2	(39.2)	57.8
Free Cash Flow Net of Dividends	19.0	54.7	(16.3)	26.7	27.0	34.3	(10.9)	31.7	30.2	42.6	15.2	23.5	18.8	37.2	(71.6)	67.1	7.4	35.2	10.8	57.8
Free Cash Flow	19.0	54.7	(16.3)	26.7	27.0	34.3	(10.9)	31.7	30.2	42.6	15.2	23.5	18.8	37.2	(71.6)	67.1	7.4	35.2	10.8	57.8

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