Inv. Banks / Inv. Cos. / Securities Cos.
PIAHCLA PIA Holding Company Limited
Latest results: FY2025 · Dec 2025
Last close · 16 Oct 2026
Rs 23.35 -0.09%
Annual · FY2006 – FY2025
PIA Holding Company Limited (PIAHCLA) cash flow statement
Operating activities generated -Rs 27.5 bn of cash in FY2025 (Jan – Dec 2025), down 208.6% on FY2024. Overall, cash decreased by Rs 8.5 bn.
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 * Jan – Dec 2024 | FY2022 * Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 |
|---|---|---|---|---|---|
| Net cash from operating activities | (27.5) | 25.3 | (0.6) | (23.5) | (11.5) |
| Net cash from investing activities | (13.2) | (2.6) | (4.1) | (2.1) | (3.1) |
| Net cash from financing activities | 32.5 | (13.4) | 4.1 | 31.8 | 5.4 |
| Net change in cash | (8.5) | 8.4 | (0.4) | 6.5 | (9.2) |
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 * Jan – Dec 2024 | FY2022 * Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 |
|---|---|---|---|---|---|
| Net cash from operating activities | -208.6% | — | — | — | -833.4% |
| Net cash from investing activities | — | — | — | — | — |
| Net cash from financing activities | — | -429.8% | -87.2% | +485.7% | -78.8% |
| Net change in cash | -201.2% | — | -106.6% | — | -174.4% |
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 15 Oct 2026.
All reported line items 69
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 |
|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | (229.8) | (44.0) | (100.6) | (54.4) | (47.9) |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 239.6 | 84.9 | 100.1 | 48.0 | 53.6 |
| Discontinued Operations - Gain/(Loss) - Net of Tax - Cash Flow - to Reconcile | 193.2 | — | — | — | — |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | — | — | 0.0 | 0.0 | (0.0) |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | (22.4) | 8.1 | 24.7 | 5.4 | 6.4 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 63.1 | 61.0 | 51.7 | 28.6 | 30.8 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 4.9 | 16.8 | 15.3 | 14.0 | 17.2 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 4.8 | 16.7 | 15.2 | 13.9 | 17.1 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | 0.7 | (0.0) | (0.0) | (0.0) | (0.8) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | 0.0 | (1.0) | 8.3 | 0.0 | — |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 0.0 | 0.1 | (0.2) | 0.1 | 0.1 |
| Interest Paid - Cash | 35.9 | 8.3 | 34.6 | 20.9 | 18.9 |
| Interest & Dividends - Received - Total - Cash Flow | 0.7 | 0.1 | 0.1 | 0.1 | 0.1 |
| Cash Flow from Operating Activities before Changes in Working Capital | (25.4) | 32.7 | (34.9) | (27.3) | (13.2) |
| Working Capital - Increase/(Decrease) - Cash Flow | (2.0) | (7.4) | 34.3 | 3.8 | 1.7 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 6.0 | (8.8) | (7.9) | 5.2 | 0.8 |
| Inventories - Decrease/(Increase) - Cash Flow | 0.0 | (0.6) | (0.6) | 0.0 | 0.6 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | — | — | — | — | — |
| Other Assets - Decrease/(Increase) - Cash Flow | 0.0 | 2.2 | 1.9 | (0.9) | 2.7 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (8.1) | (0.2) | 41.0 | (0.5) | (2.4) |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | — | — | — | — | — |
| Other Assets & Liabilities - Increase/(Decrease) - Net - Cash Flow | — | — | — | — | — |
| Accounts Payable - Increase/(Decrease) - Cash Flow | — | — | — | — | — |
| Net Cash Flow from Operating Activities | (27.5) | 25.3 | (0.6) | (23.5) | (11.5) |
| Capital Expenditures - Net - Cash Flow | 0.2 | 1.7 | 4.1 | 2.1 | 3.1 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.2 | 1.7 | 4.0 | 2.0 | 3.2 |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.4 | 1.7 | 4.0 | 2.0 | 3.2 |
| Property, Plant & Equipment Sold - Cash Flow | 0.2 | 0.1 | 0.0 | 0.0 | — |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | — | — | 0.1 | 0.1 | (0.1) |
| Intangible Assets - Purchased/Acquired - Cash Flow | — | — | 0.1 | 0.1 | — |
| Intangible Assets - Net - Cash Flow | — | — | — | — | (0.1) |
| Capital Expenditures - Total | 0.4 | 1.7 | 4.1 | 2.1 | 3.2 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | (13.0) | (0.9) | — | — | — |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | (13.0) | (0.9) | — | — | — |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | 13.0 | 0.9 | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | — | — | — |
| Net Cash Flow from Investing Activities | (13.2) | (2.6) | (4.1) | (2.1) | (3.1) |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | — | — | — | — | — |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | — | — | — | — | — |
| Stock - Common - Issuance/(Retirement) - Net - Cash Flow | — | — | — | — | — |
| Stock - Common - Issued/Sold - Cash Flow | — | — | — | — | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 32.5 | (13.4) | 4.1 | 31.8 | 5.4 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | — | — | — | — | 0.0 |
| Debt - Issued - Short-Term - Cash Flow | — | — | — | — | — |
| Debt - Reduced - Short-Term - Cash Flow | — | — | — | — | — |
| Debt - Issued/Reduced - Long-Term - Cash Flow | 32.5 | (13.4) | 4.1 | 31.8 | 5.4 |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (0.0) | (8.7) | (8.1) | (10.4) | (13.6) |
| Debt - Issued - Long-Term - Cash Flow | 32.5 | — | 54.4 | 86.6 | 49.5 |
| Lease liabilities - Issued - Cash flow | — | — | — | — | — |
| Debt - Reduced - Long-Term - Cash Flow | 0.0 | 13.4 | 50.4 | 54.8 | 44.1 |
| 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 | 0.0 | 8.7 | 8.1 | 10.4 | 13.6 |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | — |
| Net Cash Flow from Financing Activities | 32.5 | (13.4) | 4.1 | 31.8 | 5.4 |
| Foreign Exchange Effects - Cash Flow | (0.3) | (0.9) | 0.2 | 0.3 | (0.0) |
| Net Change in Cash - Total | (8.5) | 8.4 | (0.4) | 6.5 | (9.2) |
| Net Cash from Continuing Operations | (8.5) | 8.4 | (0.4) | 6.5 | (9.2) |
| Net Cash - Beginning Balance | 16.4 | 7.9 | 13.3 | 6.8 | 16.1 |
| Net Cash - Ending Balance | 7.8 | 16.4 | 12.9 | 13.3 | 6.8 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 0.0 | 0.1 | (0.2) | 0.1 | 0.1 |
| Interest Paid - Cash Flow - Supplemental | 35.9 | 8.3 | 34.6 | 20.9 | 18.9 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.7 | 0.1 | 0.1 | 0.1 | 0.1 |
| CF from Optg Activities before Change in WC & Int Payments | 10.5 | 40.9 | (0.3) | (6.4) | 5.7 |
| Common Stock Buyback - Net | — | — | — | — | — |
| Depreciation, Depletion & Amortization - Cash Flow | 4.9 | 16.8 | 15.3 | 14.0 | 17.2 |
| Free Cash Flow to Equity | 4.8 | 10.2 | (0.6) | 6.2 | (9.2) |
| Free Cash Flow Net of Dividends | (27.9) | 23.5 | (4.7) | (25.7) | (14.7) |
| Free Cash Flow | (27.9) | 23.5 | (4.7) | (25.7) | (14.7) |
Every line the company reported, in the original order and wording, without regrouping or signs changed.