Last close · 16 Oct 2026
Rs 688.11 +0.80%
Annual · FY2006 – FY2025
Packages Limited (PKGS) cash flow statement
Operating activities generated Rs 3.7 bn of cash in FY2025 (Jan – Dec 2025), down 6.0% on FY2024, 58% of the starting profit. Capital expenditure was Rs 13.5 bn, leaving free cash flow of -Rs 9.8 bn. Dividends paid to shareholders came to Rs 1.3 bn. Overall, cash decreased by Rs 16.3 bn.
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 | FY2015 Jan – Dec 2015 | FY2014 Jan – Dec 2014 | FY2013 * Jan – Dec 2013 | FY2012 Jan – Dec 2012 | FY2011 Jan – Dec 2011 | FY2010 Jan – Dec 2010 | FY2009 Jan – Dec 2009 | FY2008 Jan – Dec 2008 | FY2007 Jan – Dec 2007 | FY2006 Jan – Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 6.3 | 1.4 | 15.4 | 11.9 | 9.6 | 5.1 | 1.9 | 1.7 | 12.3 | 7.0 | 4.5 | 2.9 | 2.4 | (3.1) | (1.3) | 0.1 | 6.0 | (0.6) | 5.5 | 6.2 |
| Depreciation & amortisation | 9.6 | 8.4 | 7.0 | 5.9 | 4.2 | 4.0 | 4.4 | 4.3 | 2.2 | 0.9 | 0.7 | 0.6 | 0.5 | 1.3 | 1.7 | 1.6 | 1.4 | 0.9 | 0.6 | 0.4 |
| Net cash from operating activities | 3.7 | 3.9 | 13.6 | (4.0) | 3.5 | 6.7 | 4.7 | 1.7 | 7.1 | 7.4 | 4.6 | 3.3 | 2.6 | (0.4) | (1.0) | 1.5 | (0.4) | (2.0) | (0.2) | 1.4 |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | (13.5) | (21.9) | (28.3) | (22.7) | (8.9) | (2.6) | (4.4) | (4.9) | (4.4) | (7.2) | (4.3) | (1.6) | (0.9) | (1.5) | (1.9) | (0.7) | (1.1) | (2.5) | (4.9) | (7.4) |
| Net cash from investing activities | (13.6) | (21.3) | (31.6) | (24.0) | (11.0) | (2.5) | (4.5) | (4.8) | (9.1) | (7.8) | (5.3) | (1.4) | (3.0) | (1.2) | (1.3) | (0.6) | 6.8 | (1.4) | (4.8) | (7.5) |
| Financing activities | ||||||||||||||||||||
| Dividends paid | (1.3) | (2.7) | (2.3) | (2.5) | (2.0) | (1.1) | (1.3) | (2.7) | (2.3) | (1.3) | (0.8) | (0.7) | (0.4) | (0.1) | (0.3) | — | — | 0.0 | (0.4) | (0.4) |
| Borrowings raised / (repaid) | (3.6) | 8.4 | 13.9 | 13.3 | 1.3 | 0.0 | 1.7 | (1.0) | 1.9 | 5.7 | 2.0 | (0.7) | 0.1 | (3.3) | 1.0 | (0.3) | (7.4) | 1.0 | 6.3 | 5.0 |
| Net cash from financing activities | (6.3) | 4.8 | 11.2 | 10.4 | (0.9) | (1.1) | 0.0 | (4.0) | (0.4) | (0.5) | 1.1 | (1.4) | (0.3) | (3.4) | 0.7 | (0.3) | (3.3) | 1.0 | 5.9 | 4.5 |
| Net change in cash | (16.3) | (12.6) | (6.6) | (17.5) | (8.3) | 3.0 | 0.2 | (7.2) | (2.5) | (0.8) | 0.4 | 0.5 | 4.3 | (5.0) | (1.6) | 0.6 | 3.1 | (2.5) | 0.8 | (1.5) |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (9.8) | (18.0) | (14.6) | (26.8) | (5.3) | 4.1 | 0.3 | (3.3) | 2.7 | 0.3 | 0.3 | 1.8 | 1.6 | (1.9) | (2.9) | 0.8 | (1.5) | (4.6) | (5.1) | (5.9) |
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 | FY2015 Jan – Dec 2015 | FY2014 Jan – Dec 2014 | FY2013 * Jan – Dec 2013 | FY2012 Jan – Dec 2012 | FY2011 Jan – Dec 2011 | FY2010 Jan – Dec 2010 | FY2009 Jan – Dec 2009 | FY2008 Jan – Dec 2008 | FY2007 Jan – Dec 2007 | FY2006 Jan – Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | +336.7% | -90.6% | +29.3% | +24.0% | +88.9% | +162.4% | +12.2% | -85.9% | +74.8% | +57.1% | +56.3% | +20.8% | — | — | -1,151.4% | -98.0% | — | -109.9% | -10.2% | — |
| Depreciation & amortisation | +14.7% | +18.8% | +19.8% | +39.5% | +5.5% | -8.4% | +0.6% | +94.1% | +144.6% | +22.9% | +19.6% | +13.7% | -58.4% | -21.2% | +4.7% | +15.7% | +48.0% | +56.5% | +41.8% | — |
| Net cash from operating activities | -6.0% | -71.2% | — | -212.8% | -46.8% | +42.9% | +181.2% | -76.5% | -5.2% | +60.4% | +40.1% | +29.4% | — | — | -168.0% | — | — | — | -116.9% | — |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -38.3% | -22.5% | +24.2% | +156.8% | +238.3% | -40.5% | -10.7% | +12.3% | -39.0% | +67.5% | +175.3% | +70.1% | -39.4% | -19.2% | +176.2% | -35.8% | -58.3% | -47.8% | -34.0% | — |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -108.5% | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | -53.6% | +19.8% | -9.7% | +23.8% | +89.5% | -20.4% | -50.8% | +20.9% | +69.7% | +70.6% | +16.5% | +77.6% | +200.1% | -53.9% | — | — | — | -100.0% | +0.1% | — |
| Borrowings raised / (repaid) | -143.1% | -39.2% | +4.0% | +955.3% | +2,927.3% | -97.5% | — | -153.5% | -66.5% | +191.0% | — | -1,230.0% | — | -431.6% | — | — | -804.2% | -83.5% | +27.2% | — |
| Net cash from financing activities | -232.9% | -57.6% | +7.8% | — | — | -3,626.3% | — | — | — | -141.3% | — | — | — | -617.5% | — | — | -433.2% | -83.2% | +29.1% | — |
| Net change in cash | — | — | — | — | -376.3% | +1,503.1% | — | — | — | -288.6% | -11.9% | -89.4% | — | — | -376.3% | -81.1% | — | -409.4% | — | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | — | — | — | -231.1% | +1,425.3% | — | -222.3% | +961.3% | -27.1% | -80.3% | +6.7% | — | — | -453.0% | — | — | — | — | — |
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 70
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 6.3 | 1.4 | 15.4 | 11.9 | 9.6 | 5.1 | 1.9 | 1.7 | 12.3 | 7.0 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 24.8 | 26.2 | 16.6 | 10.2 | 5.3 | 6.7 | 7.1 | 4.4 | (7.8) | (3.5) |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | (0.5) | (0.4) | (0.3) | (0.3) | (0.7) | (0.3) | (0.0) | (0.1) | (0.2) | 0.3 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 2.0 | 0.5 | (2.0) | (2.5) | 0.1 | 0.3 | 0.6 | 0.3 | (5.0) | (0.1) |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 13.3 | 17.7 | 12.6 | 6.1 | 1.7 | 2.8 | 2.2 | (0.2) | (4.8) | (4.6) |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 9.6 | 8.4 | 6.5 | 6.9 | 4.2 | 4.0 | 4.4 | 4.3 | 2.2 | 0.9 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 9.5 | 8.3 | 7.0 | 5.8 | 4.2 | 4.0 | 4.3 | 4.3 | 2.2 | 0.9 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | 0.0 | 0.0 | (0.6) | 1.1 | — | — | — | — | — | — |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | 0.4 | 0.1 | (0.1) | (0.1) | 0.0 | (0.0) | (0.0) | 0.0 | (0.0) | (0.1) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | — | — | — | — | 0.0 | 0.0 | 0.0 | — | — | — |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 8.7 | 6.1 | 5.1 | 2.6 | 1.6 | 1.2 | 1.5 | 1.9 | 2.0 | 1.6 |
| Interest Paid - Cash | 15.1 | 19.6 | 11.2 | 5.6 | 2.4 | 3.8 | 3.3 | 1.9 | 1.0 | 0.9 |
| Interest & Dividends - Received - Total - Cash Flow | 1.5 | 0.8 | 1.1 | 1.3 | 1.1 | 0.7 | 1.9 | 2.7 | 6.1 | 6.2 |
| Cash Flow from Operating Activities before Changes in Working Capital | 8.8 | 2.8 | 16.8 | 15.2 | 12.1 | 7.5 | 6.1 | 5.0 | 7.5 | 7.2 |
| Working Capital - Increase/(Decrease) - Cash Flow | (5.1) | 1.1 | (3.2) | (19.2) | (8.5) | (0.9) | (1.5) | (3.4) | (0.5) | 0.2 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (3.3) | (4.1) | 1.7 | (12.4) | (3.2) | 0.4 | (1.4) | (0.9) | (0.8) | (0.2) |
| Inventories - Decrease/(Increase) - Cash Flow | (4.6) | 3.1 | (3.3) | (12.8) | (8.2) | (2.7) | 0.4 | (3.7) | (0.8) | (0.1) |
| Other Assets - Decrease/(Increase) - Cash Flow | 0.0 | (0.1) | 0.1 | 0.2 | 0.1 | 0.3 | 0.0 | 0.0 | 0.4 | — |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 2.8 | 2.2 | (1.7) | 5.7 | 2.8 | 1.2 | (0.5) | 1.1 | 0.7 | 0.5 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | — | — | — | — | 0.0 | (0.0) | (0.0) | — | — | — |
| Net Cash Flow from Operating Activities | 3.7 | 3.9 | 13.6 | (4.0) | 3.5 | 6.7 | 4.7 | 1.7 | 7.1 | 7.4 |
| Capital Expenditures - Net - Cash Flow | 12.8 | 21.3 | 27.9 | 21.8 | 8.7 | 2.5 | 4.3 | 4.8 | 4.3 | 7.1 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 12.8 | 21.3 | 27.9 | 21.8 | 8.7 | 2.5 | 4.3 | 4.8 | 4.3 | 7.1 |
| Property, Plant & Equipment - Purchased - Cash Flow | 13.5 | 21.9 | 28.3 | 22.7 | 8.9 | 2.6 | 4.4 | 4.9 | 4.4 | 7.2 |
| Property, Plant & Equipment Sold - Cash Flow | 0.7 | 0.6 | 0.3 | 1.0 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Capital Expenditures - Total | 13.5 | 21.9 | 28.3 | 22.7 | 8.9 | 2.6 | 4.4 | 4.9 | 4.4 | 7.2 |
| Acquisition & Disposals of Business - Assets - Sold/(Acquired) - Net - Cash Flow | — | 0.0 | (3.7) | (6.4) | — | — | — | 0.0 | (4.8) | — |
| Acquisition of Business - Cash Flow | — | 0.0 | 3.7 | 6.4 | — | — | — | 0.0 | 4.8 | — |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | (0.8) | — | 0.0 | (1.0) | (2.4) | 0.0 | (0.3) | 0.0 | 0.0 | (0.7) |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | (0.8) | — | 0.0 | (1.0) | (2.4) | 0.0 | (0.3) | 0.0 | 0.0 | (0.7) |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — | 0.0 | 0.0 | 0.0 | 1.6 | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | 0.8 | — | 0.0 | 1.0 | 2.4 | 0.0 | 0.3 | 0.0 | 1.6 | — |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | 0.0 | 5.2 | 0.1 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 |
| Net Cash Flow from Investing Activities | (13.6) | (21.3) | (31.6) | (24.0) | (11.0) | (2.5) | (4.5) | (4.8) | (9.1) | (7.8) |
| Dividends Paid - Cash - Total - Cash Flow | 1.3 | 2.7 | 2.3 | 2.5 | 2.0 | 1.1 | 1.3 | 2.7 | 2.3 | 1.3 |
| Dividends - Common - Cash Paid | 1.3 | 2.7 | 2.2 | 2.5 | 2.0 | 1.1 | 1.3 | 2.7 | 2.2 | 1.3 |
| Dividends - Preferred - Cash Paid | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | — | 0.0 | 0.1 | 0.0 | — |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | — | — | — | — | — | — | — | — | — | (5.6) |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | — | — | — | — | — | — | — | — | — | (5.6) |
| Stock - Preferred - Issuance/(Retirement) - Net - Cash Flow | — | — | — | — | — | — | — | — | — | (5.6) |
| Stock - Preferred - Repurchased/Retired - Cash Flow | — | — | — | — | — | — | — | — | — | 5.6 |
| Minority Interests & Joint Ventures - Net - Cash Flow | — | — | — | — | — | 0.0 | (0.2) | (0.1) | 0.0 | 1.0 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (3.6) | 8.4 | 13.9 | 13.3 | 1.3 | 0.0 | 1.7 | (1.0) | 1.9 | 5.7 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | (11.5) | (6.2) | (4.0) | — | — | — | — | — | — | 0.0 |
| Debt - Issued - Short-Term - Cash Flow | — | — | — | — | — | — | — | — | — | 0.0 |
| Debt - Reduced - Short-Term - Cash Flow | 11.5 | 6.2 | 4.0 | — | — | — | — | — | — | 0.0 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | 7.8 | 14.7 | 17.8 | 13.3 | 1.3 | 0.0 | 1.7 | (1.0) | 1.9 | 5.7 |
| Lease liabilities - Issued/(Reduced) - Cash Flow | — | — | — | — | — | (0.3) | (0.2) | — | — | — |
| Debt - Issued - Long-Term - Cash Flow | 17.3 | 21.5 | 24.7 | 19.2 | 4.9 | 3.4 | 5.8 | 3.4 | 2.6 | 7.9 |
| Debt - Reduced - Long-Term - Cash Flow | 9.5 | 6.9 | 6.9 | 5.8 | 3.6 | 3.4 | 4.1 | 4.4 | 0.7 | 2.2 |
| 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 | — | — | — | — | — | 0.3 | 0.2 | — | — | — |
| Other Financing Cash Flow - Increase/(Decrease) | (1.4) | (1.0) | (0.4) | (0.4) | (0.1) | (0.1) | (0.1) | (0.2) | (0.1) | (0.3) |
| Net Cash Flow from Financing Activities | (6.3) | 4.8 | 11.2 | 10.4 | (0.9) | (1.1) | 0.0 | (4.0) | (0.4) | (0.5) |
| Net Cash Flow from Discontinued Operations - Operating Activities | — | 0.0 | 0.1 | — | — | — | — | — | — | — |
| Net Cash Flow from Discontinued Operations - Total | — | 0.0 | 0.1 | — | — | — | — | — | — | — |
| Foreign Exchange Effects - Cash Flow | 0.0 | (0.0) | 0.0 | 0.0 | — | — | — | — | — | — |
| Net Change in Cash - Total | (16.3) | (12.6) | (6.6) | (17.5) | (8.3) | 3.0 | 0.2 | (7.2) | (2.5) | (0.8) |
| Net Cash from Continuing Operations | (16.3) | (12.6) | (6.7) | (17.5) | (8.3) | 3.0 | 0.2 | (7.2) | (2.5) | (0.8) |
| Net Cash from Discontinued Operations | — | 0.0 | 0.1 | — | — | — | — | — | — | — |
| Net Cash - Beginning Balance | (3.7) | (29.4) | (22.8) | (15.4) | (7.1) | (10.9) | (11.2) | (4.0) | (1.5) | (0.7) |
| Net Cash - Ending Balance | (20.0) | (42.0) | (29.4) | (33.0) | (15.4) | (7.9) | (11.0) | (11.2) | (4.0) | (1.5) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 8.7 | 6.1 | 5.1 | 2.6 | 1.6 | 1.2 | 1.5 | 1.9 | 2.0 | 1.6 |
| Interest Paid - Cash Flow - Supplemental | 15.1 | 19.6 | 11.2 | 5.6 | 2.4 | 3.8 | 3.3 | 1.9 | 1.0 | 0.9 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 1.5 | 0.8 | 1.1 | 1.3 | 1.1 | 0.7 | 1.9 | 2.7 | 6.1 | 6.2 |
| CF from Optg Activities before Change in WC & Int Payments | 23.9 | 22.4 | 28.0 | 20.8 | 14.5 | 11.3 | 9.4 | 7.0 | 8.5 | 8.1 |
| Depreciation, Depletion & Amortization - Cash Flow | 9.6 | 8.4 | 7.0 | 5.9 | 4.2 | 4.0 | 4.4 | 4.3 | 2.2 | 0.9 |
| Free Cash Flow to Equity | (12.7) | (8.9) | (0.4) | (12.4) | (3.9) | 4.2 | 2.1 | (4.2) | 4.7 | 6.1 |
| Free Cash Flow Net of Dividends | (11.1) | (20.7) | (16.9) | (29.3) | (7.3) | 3.0 | (1.1) | (6.0) | 0.4 | (1.1) |
| Free Cash Flow | (9.8) | (18.0) | (14.6) | (26.8) | (5.3) | 4.1 | 0.3 | (3.3) | 2.7 | 0.3 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 10 periods; the table above goes back further.