Last close · 16 Oct 2026
Rs 551.05 -0.49%
Annual · FY2007 – FY2026
Pakistan National Shipping Corporation (PNSC) cash flow statement
Operating activities generated Rs 24.6 bn of cash in FY2026 (Jul 2025 – Jun 2026), up 51.5% on FY2025, 110% of the starting profit. Capital expenditure was Rs 69.8 bn, leaving free cash flow of -Rs 45.3 bn. Dividends paid to shareholders came to Rs 6.4 bn. Overall, cash decreased by Rs 12.5 bn.
| Rs bn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 * Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 22.3 | 23.3 | 22.8 | 31.9 | 6.3 | |||||||||||||||
| Depreciation & amortisation | 5.5 | 4.2 | 3.7 | 3.1 | 2.5 | |||||||||||||||
| Net cash from operating activities | 24.6 | 16.2 | 22.9 | 26.4 | 8.6 | |||||||||||||||
| Investing activities | ||||||||||||||||||||
| Capital expenditure | (69.8) | (3.8) | (3.7) | (13.9) | (1.4) | |||||||||||||||
| Net cash from investing activities | (68.2) | (2.0) | (30.6) | (10.9) | 3.2 | |||||||||||||||
| Financing activities | ||||||||||||||||||||
| Dividends paid | (6.4) | (5.2) | (3.2) | (1.3) | (0.4) | |||||||||||||||
| Borrowings raised / (repaid) | 41.7 | (0.9) | (4.4) | 2.7 | (1.5) | |||||||||||||||
| Net cash from financing activities | 31.4 | (6.0) | (7.7) | 1.4 | (1.9) | |||||||||||||||
| Net change in cash | (12.5) | 8.5 | (15.3) | 20.0 | 9.8 | |||||||||||||||
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (45.3) | 12.4 | 19.2 | 12.5 | 7.1 | |||||||||||||||
| Rs mn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 * Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | -4.1% | +2.3% | -28.6% | +406.2% | +157.8% | |||||||||||||||
| Depreciation & amortisation | +31.9% | +12.6% | +20.0% | +24.7% | +17.0% | |||||||||||||||
| Net cash from operating activities | +51.5% | -29.2% | -13.3% | +209.0% | +142.8% | |||||||||||||||
| Investing activities | ||||||||||||||||||||
| Capital expenditure | +1,753.4% | +2.7% | -73.6% | +875.5% | +90.5% | |||||||||||||||
| Net cash from investing activities | — | — | — | -438.4% | — | |||||||||||||||
| Financing activities | ||||||||||||||||||||
| Dividends paid | +23.9% | +60.0% | +150.0% | +233.1% | +33.9% | |||||||||||||||
| Borrowings raised / (repaid) | — | — | -262.4% | — | — | |||||||||||||||
| Net cash from financing activities | — | — | -630.6% | — | — | |||||||||||||||
| Net change in cash | -246.4% | — | -176.3% | +103.8% | — | |||||||||||||||
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -463.8% | -35.3% | +53.3% | +76.0% | +156.9% | |||||||||||||||
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 61
| Rs bn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 |
|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 22.3 | 23.3 | 22.8 | 31.9 | 6.3 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 2.9 | (9.7) | (2.2) | (3.3) | 3.0 |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | — | — | — | — | — |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 0.3 | (2.3) | 0.2 | (2.8) | 0.7 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 0.4 | (1.8) | (5.9) | (1.1) | (0.1) |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 5.5 | 4.2 | 3.8 | 4.2 | 2.5 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 5.4 | 4.1 | 3.7 | 3.1 | 2.5 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 0.1 | 0.0 | 0.0 | — | — |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | 0.0 | 0.0 | 0.1 | 1.1 | — |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (3.4) | (9.8) | (0.3) | (3.5) | (0.1) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | — | — | — | — | — |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 7.9 | 3.7 | 0.9 | 1.4 | 0.5 |
| Interest Paid - Cash | 1.1 | 0.4 | 2.8 | 1.2 | 0.5 |
| Interest & Dividends - Received - Total - Cash Flow | 1.4 | 3.1 | 5.9 | 2.5 | 0.6 |
| Cash Flow from Operating Activities before Changes in Working Capital | 17.5 | 12.5 | 22.8 | 28.5 | 8.9 |
| Working Capital - Increase/(Decrease) - Cash Flow | 7.0 | 3.7 | 0.1 | (2.1) | (0.4) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (7.4) | 3.2 | (0.2) | (1.9) | (3.2) |
| Inventories - Decrease/(Increase) - Cash Flow | (1.2) | 0.8 | (0.2) | (0.8) | (0.3) |
| Other Assets - Decrease/(Increase) - Cash Flow | (0.0) | (0.1) | 0.0 | (0.3) | 0.0 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 15.5 | (0.5) | 0.9 | 0.5 | 3.0 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | 0.1 | 0.2 | (0.4) | 0.4 | 0.1 |
| Net Cash Flow from Operating Activities | 24.6 | 16.2 | 22.9 | 26.4 | 8.6 |
| Capital Expenditures - Net - Cash Flow | 69.8 | (5.9) | 3.7 | 8.9 | 1.4 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 69.8 | (5.9) | 3.6 | 8.8 | 1.4 |
| Property, Plant & Equipment - Purchased - Cash Flow | 69.8 | 3.7 | 3.6 | 13.9 | 1.4 |
| Property, Plant & Equipment Sold - Cash Flow | 0.0 | 9.7 | 0.0 | 5.0 | 0.0 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 |
| Intangible Assets - Purchased/Acquired - Cash Flow | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 |
| Capital Expenditures - Total | 69.8 | 3.8 | 3.7 | 13.9 | 1.4 |
| Acquisition & Disposals of Business - Assets - Sold/(Acquired) - Net - Cash Flow | — | — | — | — | — |
| Acquisition of Business - Cash Flow | — | — | — | — | — |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 1.7 | (7.8) | (26.9) | (2.0) | 4.6 |
| Investment Property excluded from Capital Expenditures - Sold/(Purchased) - Net - Cash Flow | (0.0) | (0.1) | 0.0 | (0.0) | (0.0) |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 1.7 | (7.7) | (26.9) | (2.0) | 4.7 |
| Other Investing Cash Flow - Decrease/(Increase) | 0.0 | (0.1) | — | — | — |
| Net Cash Flow from Investing Activities | (68.2) | (2.0) | (30.6) | (10.9) | 3.2 |
| Dividends Paid - Cash - Total - Cash Flow | 6.4 | 5.2 | 3.2 | 1.3 | 0.4 |
| Dividends - Common - Cash Paid | 6.4 | 5.2 | 3.2 | 1.3 | 0.4 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 41.7 | (0.9) | (4.4) | 2.7 | (1.5) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | 41.7 | (0.9) | (4.4) | 2.7 | (1.5) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) |
| Debt - Issued - Long-Term - Cash Flow | 43.7 | — | 0.0 | 4.3 | — |
| Debt - Reduced - Long-Term - Cash Flow | 2.0 | 0.9 | 4.4 | 1.6 | 1.5 |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Financing Cash Flow - Increase/(Decrease) | (4.0) | — | — | — | — |
| Net Cash Flow from Financing Activities | 31.4 | (6.0) | (7.7) | 1.4 | (1.9) |
| Foreign Exchange Effects - Cash Flow | (0.2) | 0.3 | 0.0 | 3.0 | — |
| Net Change in Cash - Total | (12.5) | 8.5 | (15.3) | 20.0 | 9.8 |
| Net Cash from Continuing Operations | (12.5) | 8.5 | (15.3) | 20.0 | 9.8 |
| Net Cash - Beginning Balance | 24.9 | 16.3 | 31.6 | 11.6 | 1.8 |
| Net Cash - Ending Balance | 4,612.4 | 24.9 | 16.3 | 31.6 | 11.6 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 7.9 | 3.7 | 0.9 | 1.4 | 0.5 |
| Interest Paid - Cash Flow - Supplemental | 1.1 | 0.4 | 2.8 | 1.2 | 0.5 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 1.4 | 3.1 | 5.9 | 2.5 | 0.6 |
| CF from Optg Activities before Change in WC & Int Payments | 18.7 | 12.9 | 25.6 | 29.7 | 9.4 |
| Contract Assets - Decrease/(Increase) - Cash Flow | (1.9) | 0.7 | (1.2) | 0.0 | — |
| Contract Liabilities - Increase/(Decrease) - Cash Flow | 0.1 | 0.2 | (0.4) | 0.4 | 0.1 |
| Depreciation, Depletion & Amortization - Cash Flow | 5.5 | 4.2 | 3.7 | 3.1 | 2.5 |
| Free Cash Flow to Equity | (3.5) | 21.3 | 14.8 | 20.3 | 5.6 |
| Free Cash Flow Net of Dividends | (51.7) | 7.3 | 16.0 | 11.3 | 6.7 |
| Free Cash Flow | (45.3) | 12.4 | 19.2 | 12.5 | 7.1 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.