MCB Investment Management Limited. (MCBIM) quarterly cash flow statement

Operating activities generated Rs 291.9 mn of cash in Q4 FY2026 (Apr – Jun 2026), down 29.7% on Q4 FY2025. Dividends paid to shareholders came to Rs 0. Overall, cash decreased by Rs 461.3 mn.

MCBIM 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	1,578.8	291.9	637.4	86.2	563.3	415.3	694.7	(19.7)	384.9	251.2	174.8	80.0	88.6	159.6	42.7	105.3	(38.3)	449.0	(333.0)	116.4	43.7
Net cash from investing activities	(896.8)	(735.0)	(209.5)	620.7	(572.9)	(379.7)	(396.6)	231.0	(363.1)	(306.4)	148.8	249.9	(21.6)	(142.2)	(27.6)	6.6	25.9	(52.3)	110.3	93.9	(37.5)
Dividends paid	(468.0)	0.0	(216.0)	(252.0)	0.0	(0.3)	(251.7)	(180.0)	0.0	(0.7)	(251.7)	(323.6)	(72.0)	(0.1)	(0.0)	(71.9)	—	(342.0)	—	(198.0)	—
Net cash from financing activities	(536.1)	(18.2)	(231.5)	(270.0)	(16.4)	(20.7)	(265.0)	(190.7)	(12.0)	(13.4)	(264.0)	(335.8)	(83.9)	(12.1)	(12.0)	(94.0)	—	(382.9)	215.9	(211.1)	(4.9)
Net change in cash	146.0	(461.3)	196.4	436.9	(26.0)	14.9	33.1	20.6	9.7	(68.6)	59.6	(5.9)	(16.9)	5.2	3.1	17.9	(12.4)	13.8	(6.8)	(0.8)	1.4

MCBIM 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	-29.7%	-8.2%	—	+46.4%	+65.3%	+297.4%	-124.7%	+334.2%	+57.4%	+308.9%	-24.1%	—	-64.5%	—	-9.5%	-187.5%	+33.8%	—	+26.3%	-5.0%
Net cash from investing activities	—	—	+168.7%	—	—	-366.5%	-7.6%	—	—	—	+3,679.1%	-183.5%	—	-125.1%	-93.0%	—	-662.0%	—	+26.0%	—
Dividends paid	-100.0%	-14.2%	+40.0%	—	-62.3%	+0.0%	-44.4%	-100.0%	+757.9%	+25,170,687,600.0%	+349.9%	—	-100.0%	—	-63.7%	—	+5.6%	—	+22.2%	—
Net cash from financing activities	—	—	—	—	—	—	—	—	—	—	—	—	—	-105.5%	—	—	—	+23.4%	—	—
Net change in cash	-3,202.2%	+493.2%	+2,025.0%	-368.0%	—	-44.5%	—	—	-1,408.7%	+1,806.5%	-133.0%	—	-61.9%	—	—	-976.4%	—	-122.1%	—	-78.9%

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 55

MCBIM 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	813.4	352.7	676.3	961.2	666.9	708.5	959.9	413.4	294.2	295.0	435.0	247.3	250.9	150.2	107.9	104.9	34.5	63.4	98.3	97.4
Non-cash Items & Reconciliation Adjustments - Cash Flow	(284.4)	153.7	(105.4)	(332.6)	(158.8)	(62.1)	(299.7)	(98.1)	(119.6)	(52.0)	(223.1)	(78.6)	(40.4)	(13.5)	7.4	(21.0)	419.9	(366.9)	(3.1)	34.8
Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile	(297.7)	133.2	(99.7)	(344.7)	(155.8)	(72.5)	(288.1)	(106.4)	(135.8)	(69.3)	(235.6)	(91.2)	(139.2)	—	—	—	—	—	—	—
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	0.3	0.1	0.7	(0.2)	(22.2)	(2.8)	(5.2)	2.0	(17.0)	3.6	(3.0)	(8.7)	(7.4)	(2.3)	7.5	(10.1)	335.6	(372.1)	(0.0)	0.0
Financial Income/(Expense) - Cash Flow - to Reconcile	(83.7)	40.3	(33.6)	2.1	(21.1)	2.2	2.7	3.1	3.2	3.8	4.2	3.6	11.0	2.3	(3.6)	1.3	(4.2)	1.5	1.4	1.4
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	30.2	41.9	23.5	21.5	19.4	18.9	18.2	18.2	18.5	18.5	18.1	18.0	18.2	18.9	18.8	17.2	40.6	13.6	14.3	14.1
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	29.2	40.8	22.5	20.4	19.1	15.3	14.9	14.9	15.2	15.2	14.8	14.6	14.8	15.1	14.6	13.1	36.4	12.0	11.8	11.6
Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile	1.0	1.0	1.0	1.1	0.4	3.6	3.3	3.3	3.3	3.3	3.3	3.3	3.4	3.8	4.2	4.2	4.2	1.5	2.5	2.5
Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile	74.1	(73.2)	(5.2)	0.0	24.3	(8.0)	(27.4)	(15.0)	11.7	(8.9)	(6.5)	(0.2)	36.3	(11.8)	(9.9)	(14.7)	5.4	(3.6)	(1.0)	(5.6)
Property, Plant & Equipment including Intangible Assets - Gain/(Loss) - Cash Flow	3.2	(0.1)	(3.1)	—	—	—	0.0	0.0	(0.0)	—	0.2	(0.2)	(0.1)	—	0.0	(0.0)	(0.0)	(0.0)	0.0	0.0
Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile	(7.6)	11.4	8.9	(11.2)	(3.4)	0.1	(0.1)	—	—	0.4	(0.4)	—	40.7	(20.7)	(5.3)	(14.7)	42.5	(6.3)	(17.8)	24.8
Income Taxes - Paid/(Reimbursed) - Cash Flow	284.1	242.0	242.2	260.5	260.0	263.7	301.5	118.9	99.0	105.0	243.4	1.4	51.6	27.5	36.3	35.0	23.0	21.2	24.8	30.8
Investment Securities - Gain/(Loss) - Cash Flow	70.9	(73.1)	(2.1)	0.0	24.3	(8.0)	(27.4)	(15.0)	11.7	(8.9)	(6.7)	—	36.4	(11.8)	(9.9)	(14.7)	5.5	(3.6)	(1.0)	(5.6)
Interest Paid - Cash	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.1	—	0.2	0.0	0.1
Interest & Dividends - Received - Total - Cash Flow	22.9	37.3	39.5	7.0	41.5	1.8	0.7	0.6	10.0	0.0	0.1	15.0	2.5	7.2	0.1	—	5.6	—	0.1	—
Cash Flow from Operating Activities before Changes in Working Capital	267.8	301.7	368.1	375.1	289.6	384.5	359.3	197.0	85.7	138.0	(31.4)	182.2	161.4	116.3	79.2	48.8	437.0	(324.9)	70.5	101.3
Working Capital - Increase/(Decrease) - Cash Flow	24.1	335.7	(281.9)	188.2	125.6	310.2	(379.1)	187.9	165.5	36.8	111.4	(93.5)	(1.8)	(73.6)	26.2	(87.1)	11.9	(8.1)	45.9	(57.6)
Accounts Receivables - Decrease/(Increase) - Cash Flow	(23.4)	81.6	101.7	(42.1)	(8.5)	210.6	(341.1)	21.7	11.5	(70.3)	17.7	(97.6)	(35.5)	(78.8)	(9.4)	(35.6)	25.0	(30.2)	30.6	(43.1)
Other Assets - Decrease/(Increase) - Cash Flow	32.5	(19.6)	24.9	10.3	(30.6)	0.9	14.9	(15.7)	(31.5)	(16.1)	(7.2)	17.9	(32.5)	(21.7)	15.8	(8.7)	(32.8)	3.5	16.7	(2.0)
Accrued Expenses - Increase/(Decrease) - Cash Flow	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.0	(0.0)	0.0	(0.0)	(0.0)	(0.0)
Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow	15.0	273.5	(408.7)	220.1	164.4	98.6	(52.9)	181.9	184.8	123.1	100.9	(13.8)	66.1	26.8	19.8	(42.8)	20.0	18.2	(1.8)	(12.4)
Other Liabilities - Increase/(Decrease) -Total - Cash Flow	0.0	0.2	0.2	(0.1)	0.3	—	0.0	(0.0)	0.7	—	—	—	0.1	—	—	—	(0.2)	0.5	0.3	—
Net Cash Flow from Operating Activities	291.9	637.4	86.2	563.3	415.3	694.7	(19.7)	384.9	251.2	174.8	80.0	88.6	159.6	42.7	105.3	(38.3)	449.0	(333.0)	116.4	43.7
Capital Expenditures - Net - Cash Flow	2.0	22.3	86.2	20.3	28.6	18.4	8.3	0.8	1.3	15.1	1.6	0.8	5.5	1.8	16.5	10.5	48.3	1.6	2.9	5.9
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	2.0	22.3	86.2	5.5	28.6	14.9	8.3	0.8	1.3	15.1	1.6	0.8	5.5	1.8	15.7	10.5	9.7	1.6	2.9	5.9
Property, Plant & Equipment - Purchased - Cash Flow	2.0	22.5	92.3	5.5	28.6	14.9	8.3	0.8	1.4	15.1	1.6	0.8	5.8	1.8	15.7	10.5	9.7	1.6	2.9	5.9
Property, Plant & Equipment Sold - Cash Flow	0.0	0.2	6.1	—	—	—	0.0	—	0.1	—	—	—	0.3	—	—	—	0.0	0.1	0.0	0.0
Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow	0.0	0.0	0.0	14.8	—	3.4	0.0	—	—	0.0	—	—	0.0	0.0	0.8	—	38.6	—	—	—
Intangible Assets - Purchased/Acquired - Cash Flow	0.0	0.0	0.0	14.8	—	3.4	0.0	—	—	0.0	—	—	0.0	0.0	0.8	—	38.6	—	—	—
Capital Expenditures - Total	2.0	22.5	92.3	20.3	28.6	18.4	8.3	0.8	1.4	15.1	1.6	0.8	5.8	1.8	16.5	10.5	48.3	1.6	2.9	5.9
Investments excluding Loans - Decrease/(Increase) - Cash Flow	(736.5)	(190.5)	703.5	(555.9)	(371.9)	(378.2)	234.3	(367.8)	(321.3)	163.9	253.0	(22.4)	(142.6)	(20.3)	27.1	26.9	(8.8)	98.6	93.3	(12.1)
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow	(736.5)	(190.5)	703.5	(555.9)	(371.9)	(378.2)	234.3	(367.8)	(321.3)	163.9	253.0	(22.4)	(142.6)	(20.3)	27.1	26.9	(8.8)	98.6	93.3	(12.1)
Other Investing Cash Flow - Decrease/(Increase)	3.5	3.3	3.3	3.3	20.7	—	5.0	5.5	16.2	—	(1.6)	1.6	5.9	(5.6)	(4.0)	9.5	4.8	13.3	3.6	(19.5)
Net Cash Flow from Investing Activities	(735.0)	(209.5)	620.7	(572.9)	(379.7)	(396.6)	231.0	(363.1)	(306.4)	148.8	249.9	(21.6)	(142.2)	(27.6)	6.6	25.9	(52.3)	110.3	93.9	(37.5)
Dividends Paid - Cash - Total - Cash Flow	0.0	216.0	252.0	0.0	0.3	251.7	180.0	0.0	0.7	251.7	323.6	72.0	0.1	0.0	71.9	—	342.0	—	198.0	—
Dividends - Common - Cash Paid	0.0	216.0	252.0	0.0	0.3	251.7	180.0	0.0	0.7	251.7	323.6	72.0	0.1	0.0	71.9	—	342.0	—	198.0	—
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	(18.2)	(15.5)	(18.0)	(16.4)	(20.4)	(13.2)	(10.7)	(12.0)	(12.7)	(12.3)	(12.2)	(11.9)	(12.0)	(12.0)	(22.1)	—	(40.9)	17.9	(13.1)	(4.9)
Debt - Issued/Reduced - Long-Term - Cash Flow	(18.2)	(15.5)	(18.0)	(16.4)	(20.4)	(13.2)	(10.7)	(12.0)	(12.7)	(12.3)	(12.2)	(11.9)	(12.0)	(12.0)	(22.1)	—	(40.9)	17.9	(13.1)	(4.9)
Lease liabilities - Issued/(Reduced) - Cash Flow	(18.2)	(15.5)	(18.0)	(16.4)	(20.4)	(13.2)	(10.7)	(12.0)	(12.7)	(12.3)	(12.2)	(11.9)	(12.0)	(12.0)	(22.1)	—	(40.9)	—	(13.1)	(4.9)
Debt - Reduced - Long-Term - Cash Flow	18.2	15.5	18.0	16.4	20.4	13.2	10.7	12.0	12.7	12.3	12.2	11.9	12.0	12.0	22.1	—	40.9	—	13.1	4.9
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	18.2	15.5	18.0	16.4	20.4	13.2	10.7	12.0	12.7	12.3	12.2	11.9	12.0	12.0	22.1	—	40.9	—	13.1	4.9
Other Financing Cash Flow - Increase/(Decrease)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	198.0	—	—
Net Cash Flow from Financing Activities	(18.2)	(231.5)	(270.0)	(16.4)	(20.7)	(265.0)	(190.7)	(12.0)	(13.4)	(264.0)	(335.8)	(83.9)	(12.1)	(12.0)	(94.0)	—	(382.9)	215.9	(211.1)	(4.9)
Net Change in Cash - Total	(461.3)	196.4	436.9	(26.0)	14.9	33.1	20.6	9.7	(68.6)	59.6	(5.9)	(16.9)	5.2	3.1	17.9	(12.4)	13.8	(6.8)	(0.8)	1.4
Net Cash from Continuing Operations	(461.3)	196.4	436.9	(26.0)	14.9	33.1	20.6	9.7	(68.6)	59.6	(5.9)	(16.9)	5.2	3.1	17.9	(12.4)	13.8	(6.8)	(0.8)	1.4
Net Cash - Beginning Balance	719.2	522.8	85.9	111.9	97.1	64.0	43.4	33.7	102.3	42.7	48.6	65.5	60.2	57.1	39.2	51.5	37.8	44.6	45.3	43.9
Net Cash - Ending Balance	257.9	719.2	522.8	85.9	111.9	97.1	64.0	43.4	33.7	102.3	42.7	48.6	65.5	60.2	57.1	39.2	51.5	37.8	44.6	45.3
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	284.1	242.0	242.2	260.5	260.0	263.7	301.5	118.9	99.0	105.0	243.4	1.4	51.6	27.5	36.3	35.0	23.0	21.2	24.8	30.8
Interest Paid - Cash Flow - Supplemental	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.1	—	0.2	0.0	0.1
Interest & Dividends - Received - Cash Flow - Supplemental	22.9	37.3	39.5	7.0	41.5	1.8	0.7	0.6	10.0	0.0	0.1	15.0	2.5	7.2	0.1	—	5.6	—	0.1	—
CF from Optg Activities before Change in WC & Int Payments	267.8	301.7	368.1	375.1	289.6	384.5	359.3	197.0	85.7	138.0	(31.4)	182.2	161.4	116.3	79.2	48.9	437.0	(324.7)	70.5	101.4
Depreciation, Depletion & Amortization - Cash Flow	30.2	41.9	23.5	21.5	19.4	18.9	18.2	18.2	18.5	18.5	18.1	18.0	18.2	18.9	18.8	17.2	40.6	13.6	14.3	14.1
Free Cash Flow to Equity	271.8	599.5	(18.0)	526.6	366.3	663.0	(38.8)	372.0	237.2	147.5	66.2	76.0	142.0	29.0	66.8	(48.8)	359.8	(316.6)	100.4	33.0
Free Cash Flow Net of Dividends	290.0	398.9	(258.1)	543.0	386.4	424.5	(208.1)	384.0	249.1	(92.0)	(245.1)	15.8	153.6	41.0	16.9	(48.8)	58.7	(334.6)	(84.6)	37.8
Free Cash Flow	290.0	614.9	(6.1)	543.0	386.7	676.3	(28.1)	384.0	249.8	159.7	78.4	87.8	153.7	41.0	88.9	(48.8)	400.7	(334.6)	113.4	37.8

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