Pakistan Oilfields Limited (POL) cash flow statement

Operating activities generated Rs 38.7 bn of cash in FY2026 (Jul 2025 – Jun 2026), up 35.8% on FY2025. Capital expenditure was Rs 12.2 bn, leaving free cash flow of Rs 26.4 bn. Dividends paid to shareholders came to Rs 22.2 bn. Overall, cash increased by Rs 7.8 bn.

POL cash flow statement (annual) (Rs 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	FY2021 * Jul 2020 – Jun 2021	FY2020 * Jul 2019 – Jun 2020	FY2019 * Jul 2018 – Jun 2019	FY2018 * Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 * Jul 2012 – Jun 2013	FY2012 * Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Operating activities
Depreciation & amortisation	1.4	1.3	1.8	2.8	4.9	3.8	4.0	5.0	4.6	3.8	3.9	—	—	—	—	—	—	—	—	—
Net cash from operating activities	38.7	28.5	34.9	29.9	28.5	19.6	23.5	21.9	20.0	16.5	13.0	13.4	18.9	13.1	16.1	13.0	9.7	6.1	9.6	5.8
Investing activities
Capital expenditure	(12.2)	(6.1)	(12.7)	(5.8)	(4.7)	(1.8)	(6.7)	(1.4)	(4.8)	(5.3)	(4.0)	(3.1)	(5.4)	(7.0)	(4.2)	(3.8)	(3.6)	(6.1)	(3.2)	(2.3)
Net cash from investing activities	(7.3)	(0.3)	0.9	4.4	(1.5)	0.4	(2.8)	(0.4)	(4.1)	(4.8)	(3.6)	(2.5)	(4.9)	(5.7)	(3.8)	(2.8)	(3.1)	(4.8)	(2.6)	(2.2)
Financing activities
Dividends paid	(22.2)	(26.7)	(33.6)	(10.4)	(14.2)	(14.2)	(14.2)	(11.6)	(10.0)	(8.3)	(9.4)	(11.2)	(10.6)	(13.0)	(10.0)	(6.5)	(4.2)	(5.0)	(3.0)	(1.5)
Borrowings raised / (repaid)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(2.7)
Net cash from financing activities	(22.2)	(26.7)	(33.6)	(10.4)	(14.2)	(14.2)	(14.2)	(11.6)	(10.0)	(8.3)	(9.5)	(11.3)	(10.7)	(13.0)	(10.1)	(6.5)	(4.3)	(5.1)	(3.0)	(4.3)
Net change in cash	7.8	2.7	0.4	38.6	20.1	4.5	7.4	14.2	7.3	3.3	0.1	(0.2)	3.6	(5.3)	2.7	3.7	2.4	(3.4)	4.2	(0.8)
Key figures
Free cash flow (operating cash flow − capex)	26.4	22.4	22.2	24.1	23.8	17.8	16.8	20.5	15.2	11.2	9.0	10.3	13.5	6.1	11.9	9.3	6.0	(0.1)	6.4	3.5

POL cash flow statement — year-on-year change (Rs mn)
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	FY2021 * Jul 2020 – Jun 2021	FY2020 * Jul 2019 – Jun 2020	FY2019 * Jul 2018 – Jun 2019	FY2018 * Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 * Jul 2012 – Jun 2013	FY2012 * Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Operating activities
Depreciation & amortisation	+12.3%	-31.1%	-34.8%	-41.8%	+29.7%	-5.8%	-20.7%	+8.6%	+20.5%	-1.7%	—	—	—	—	—	—	—	—	—	—
Net cash from operating activities	+35.8%	-18.4%	+16.8%	+5.0%	+45.6%	-16.9%	+7.2%	+9.6%	+21.6%	+26.9%	-3.1%	-29.3%	+44.6%	-18.6%	+23.4%	+34.5%	+59.6%	-36.5%	+65.3%	—
Investing activities
Capital expenditure	+100.3%	-51.9%	+119.5%	+23.9%	+165.3%	-73.9%	+381.0%	-70.7%	-9.2%	+33.0%	+29.1%	-43.4%	-22.7%	+67.3%	+11.1%	+3.4%	-40.8%	+93.6%	+37.0%	—
Net cash from investing activities	—	-133.8%	-79.4%	—	-501.6%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Financing activities
Dividends paid	-16.8%	-20.5%	+222.9%	-26.6%	-0.0%	-0.0%	+22.5%	+15.4%	+21.1%	-12.4%	-16.0%	+5.8%	-18.2%	+29.7%	+54.3%	+52.9%	-15.6%	+70.1%	+100.2%	—
Borrowings raised / (repaid)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net cash from financing activities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net change in cash	+192.6%	+551.3%	-98.9%	+92.3%	+345.0%	-39.0%	-48.0%	+94.2%	+121.7%	+3,223.7%	—	-105.5%	—	-300.5%	-28.6%	+56.1%	—	-182.0%	—	—
Key figures
Free cash flow (operating cash flow − capex)	+18.1%	+0.7%	-7.9%	+1.3%	+33.8%	+6.0%	-18.3%	+34.8%	+36.0%	+24.2%	-12.6%	-23.6%	+122.1%	-48.9%	+28.3%	+53.3%	—	-101.2%	+84.4%	—

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 35

POL cash flow statement — all reported line items (Rs 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	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Net Cash Flow from Operating Activities	38.7	28.5	34.9	29.9	28.5	19.6	23.5	21.9	20.0	16.5	13.0	13.4	18.9	13.1	16.1	13.0	9.7	6.1	9.6	5.8
Capital Expenditures - Net - Cash Flow	12.2	6.1	12.6	5.8	4.7	1.7	6.7	1.4	4.8	5.2	3.9	3.0	5.4	7.0	4.2	3.7	3.6	6.1	3.1	2.3
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	12.2	6.1	12.6	5.8	4.7	1.7	6.7	1.4	4.8	5.2	3.9	3.0	5.4	7.0	4.2	3.7	3.6	6.1	3.1	2.3
Property, Plant & Equipment - Purchased - Cash Flow	12.2	6.1	12.7	5.8	4.7	1.8	6.7	1.4	4.8	5.3	4.0	3.1	5.4	7.0	4.2	3.8	3.6	6.1	3.2	2.3
Property, Plant & Equipment Sold - Cash Flow	0.0	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0
Capital Expenditures - Total	12.2	6.1	12.7	5.8	4.7	1.8	6.7	1.4	4.8	5.3	4.0	3.1	5.4	7.0	4.2	3.8	3.6	6.1	3.2	2.3
Investments excluding Loans - Decrease/(Increase) - Cash Flow	5.0	5.8	13.5	10.1	3.1	2.1	3.9	1.0	0.7	0.4	0.3	0.6	0.4	1.3	0.4	0.9	0.5	1.3	0.6	0.1
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow	5.0	5.8	13.5	10.1	3.1	2.1	3.9	1.0	0.7	0.4	0.3	0.6	0.4	1.3	0.4	0.9	0.5	1.3	0.6	0.1
Investment Securities - Sold/Matured - Unclassified - Cash Flow	5.0	5.8	13.5	10.1	3.1	2.1	3.9	1.9	0.7	0.4	0.3	0.6	0.4	1.3	1.0	0.9	0.5	1.3	2.1	0.3
Investment Securities - Purchased - Unclassified - Cash Flow	—	—	—	—	—	—	—	0.9	0.0	0.0	0.0	—	—	0.0	0.6	—	—	0.0	1.6	0.2
Other Investing Cash Flow - Decrease/(Increase)	—	—	—	—	—	—	—	—	—	—	—	0.0	0.1	—	—	—	—	—	—	—
Net Cash Flow from Investing Activities	(7.3)	(0.3)	0.9	4.4	(1.5)	0.4	(2.8)	(0.4)	(4.1)	(4.8)	(3.6)	(2.5)	(4.9)	(5.7)	(3.8)	(2.8)	(3.1)	(4.8)	(2.6)	(2.2)
Dividends Paid - Cash - Total - Cash Flow	22.2	26.7	33.6	10.4	14.2	14.2	14.2	11.6	10.0	8.3	9.4	11.2	10.6	13.0	10.0	6.5	4.2	5.0	3.0	1.5
Dividends - Common - Cash Paid	22.2	26.7	33.6	10.4	14.2	14.2	14.2	11.6	10.0	8.3	9.4	11.2	10.6	13.0	10.0	6.5	4.2	5.0	3.0	1.5
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(2.7)
Debt - Issued/Reduced - Long-Term - Cash Flow	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(2.7)
Other Financing Cash Flow - Increase/(Decrease)	(0.0)	(0.0)	(0.1)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.1)
Net Cash Flow from Financing Activities	(22.2)	(26.7)	(33.6)	(10.4)	(14.2)	(14.2)	(14.2)	(11.6)	(10.0)	(8.3)	(9.5)	(11.3)	(10.7)	(13.0)	(10.1)	(6.5)	(4.3)	(5.1)	(3.0)	(4.3)
Foreign Exchange Effects - Cash Flow	(1.4)	1.2	(1.8)	14.8	7.3	(1.2)	0.9	4.2	1.4	(0.1)	0.2	0.2	0.2	0.3	0.4	0.0	0.1	0.4	0.2	0.0
Net Change in Cash - Total	7.8	2.7	0.4	38.6	20.1	4.5	7.4	14.2	7.3	3.3	0.1	(0.2)	3.6	(5.3)	2.7	3.7	2.4	(3.4)	4.2	(0.8)
Net Cash from Continuing Operations	7.8	2.7	0.4	38.6	20.1	4.5	7.4	14.2	7.3	3.3	0.1	(0.2)	3.6	(5.3)	2.7	3.7	2.4	(3.4)	4.2	(0.8)
Net Cash - Beginning Balance	109.6	106.9	106.5	67.9	47.8	43.3	35.9	21.6	14.3	11.0	10.9	11.1	7.5	12.8	10.2	6.5	4.1	7.5	3.3	4.1
Net Cash - Ending Balance	117.4	109.6	106.9	106.5	67.9	47.8	43.3	35.8	21.6	14.3	11.0	10.9	11.1	7.5	12.8	10.2	6.5	4.1	7.5	3.3
Cash Receipts - Sales of Goods & Services - Cash Flow	70.4	60.4	62.5	60.6	51.3	37.9	40.9	44.7	37.5	28.5	26.3	34.1	37.0	28.5	31.3	24.4	18.2	14.9	18.0	15.0
Cash Receipts - Business Activities - Cash Flow	70.4	60.4	62.5	60.6	51.3	37.9	40.9	44.7	37.5	28.5	26.3	34.1	37.0	28.5	31.3	24.4	18.2	14.9	18.0	15.0
Income Taxes - Paid/(Reimbursed) - Cash Flow	8.8	11.4	11.6	12.2	9.2	6.2	3.9	7.6	2.9	1.3	1.4	2.5	3.1	3.1	4.6	3.1	1.2	0.8	2.1	1.8
Interest & Dividends - Received - Total - Cash Flow - Direct	1.5	4.9	2.4	0.6	0.5	0.0	0.1	0.4	0.7	0.6	0.4	0.2	0.6	0.5	0.7	0.5	0.4	0.5	0.4	0.2
Cash Receipts/(Payments) - Net - Cash Flow	(24.4)	(25.5)	(18.4)	(19.2)	(14.1)	(12.1)	(13.7)	(15.5)	(15.3)	(11.4)	(12.4)	(18.5)	(15.6)	(12.8)	(11.3)	(8.8)	(7.7)	(8.5)	(6.7)	(7.6)
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	8.8	11.4	11.6	12.2	9.2	6.2	3.9	7.6	2.9	1.3	1.4	2.5	3.1	3.1	4.6	3.1	1.2	0.8	2.1	1.8
Interest & Dividends - Received - Cash Flow - Supplemental	1.5	4.9	2.4	0.6	0.5	0.0	0.1	0.4	0.7	0.6	0.4	0.2	0.6	0.5	0.7	0.5	0.4	0.5	0.4	0.2
CF from Optg Activities before Change in WC & Int Payments	35.2	29.9	35.0	29.5	27.6	17.5	20.0	19.8	15.6	15.4	12.1	13.4	18.9	13.1	16.1	13.0	9.7	6.1	9.6	5.8
Depreciation, Depletion & Amortization - Cash Flow	1.4	1.3	1.8	2.8	4.9	3.8	4.0	5.0	4.6	3.8	3.9	—	—	—	—	—	—	—	—	—
Free Cash Flow to Equity	26.4	22.4	22.3	24.1	23.8	17.8	16.8	20.5	15.2	11.2	9.0	10.3	13.5	6.1	11.9	9.3	6.1	(0.0)	6.4	0.8
Free Cash Flow Net of Dividends	4.2	(4.3)	(11.4)	13.7	9.6	3.6	2.6	9.0	5.2	2.9	(0.4)	(0.9)	2.9	(6.9)	1.9	2.8	1.8	(5.1)	3.4	2.0
Free Cash Flow	26.4	22.4	22.2	24.1	23.8	17.8	16.8	20.5	15.2	11.2	9.0	10.3	13.5	6.1	11.9	9.3	6.0	(0.1)	6.4	3.5

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