Inv. Banks / Inv. Cos. / Securities Cos.
PIAHCLB PIA Holding Company LimitedB
A second share class of the company listed as PIAHCLA. The financial statements are the company's; market value and valuation multiples are shown on PIAHCLA.
Latest results: FY2025 · Dec 2025 Q1 FY2026 · Jan – Mar 2026
Last close · 16 Oct 2026
Rs 14,566.33 +1.50%
Annual · FY2006 – FY2025
PIA Holding Company LimitedB (PIAHCLB) 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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | (27.5) | 25.3 | (0.6) | (23.5) | (11.5) | 1.6 | (24.1) | (17.3) | (9.0) | (11.7) | (3.3) | (5.7) | (10.2) | (0.4) | 4.9 | (1.9) | 0.3 | (1.3) | (10.7) |
| Net cash from investing activities | (13.2) | (2.6) | (4.1) | (2.1) | (3.1) | (15.3) | (13.0) | (4.4) | (1.7) | (2.7) | (6.0) | (4.5) | (7.8) | (3.5) | (2.8) | (3.0) | (8.5) | (11.8) | (7.7) |
| Net cash from financing activities | 32.5 | (13.4) | 4.1 | 31.8 | 5.4 | 25.6 | 34.1 | 23.3 | 12.4 | 15.0 | 9.0 | 11.9 | (14.3) | (1.5) | 0.0 | 12.1 | (4.3) | 7.7 | 7.7 |
| Net change in cash | (8.5) | 8.4 | (0.4) | 6.5 | (9.2) | 12.4 | (3.0) | 1.9 | 1.7 | 0.6 | (0.2) | 1.8 | (32.5) | (5.5) | 2.1 | 7.1 | (12.6) | (5.4) | (10.7) |
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 * Jan – Dec 2024 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -208.6% | — | — | — | -833.4% | — | — | — | — | — | — | — | — | -108.1% | — | -859.1% | — | — | — |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net cash from financing activities | — | -429.8% | -87.2% | +485.7% | -78.8% | -25.0% | +46.3% | +87.7% | -17.1% | +65.8% | -24.1% | — | — | -5,523.1% | -99.8% | — | -156.3% | -0.3% | — |
| Net change in cash | -201.2% | — | -106.6% | — | -174.4% | — | -254.9% | +13.6% | +192.2% | — | -109.9% | — | — | -360.3% | -70.7% | — | — | — | — |
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 16 Oct 2026.
All reported line items 60
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | (229.8) | (44.0) | (100.6) | (54.4) | (47.9) | (56.1) | (67.6) | (46.9) | (45.4) | (29.6) |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 239.6 | 84.9 | 100.1 | 48.0 | 53.6 | 71.4 | 43.5 | 27.7 | 30.4 | 23.5 |
| 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) | 0.0 | 0.0 | 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 | 18.6 | 15.0 | 4.4 | 6.4 | 1.6 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 63.1 | 61.0 | 51.7 | 28.6 | 30.8 | 36.4 | 21.1 | 15.8 | 13.6 | 13.9 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 4.9 | 16.8 | 15.3 | 14.0 | 17.2 | 16.5 | 7.3 | 7.6 | 8.3 | 7.9 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 4.8 | 16.7 | 15.2 | 13.9 | 17.1 | 16.4 | 7.2 | 7.5 | 8.2 | 7.9 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | 0.7 | (0.0) | (0.0) | (0.0) | (0.8) | (0.0) | 0.2 | (0.0) | 2.1 | (0.0) |
| 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 | 0.6 | 0.7 | 0.6 | 0.5 | 0.4 |
| Interest Paid - Cash | 35.9 | 8.3 | 34.6 | 20.9 | 18.9 | 30.9 | 19.5 | 14.5 | 12.2 | 13.9 |
| Interest & Dividends - Received - Total - Cash Flow | 0.7 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 |
| Cash Flow from Operating Activities before Changes in Working Capital | (25.4) | 32.7 | (34.9) | (27.3) | (13.2) | (16.1) | (44.2) | (34.3) | (27.6) | (20.4) |
| Working Capital - Increase/(Decrease) - Cash Flow | (2.0) | (7.4) | 34.3 | 3.8 | 1.7 | 17.7 | 20.1 | 16.9 | 18.6 | 8.7 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 6.0 | (8.8) | (7.9) | 5.2 | 0.8 | (4.4) | (7.1) | (2.4) | (2.3) | 1.1 |
| Inventories - Decrease/(Increase) - Cash Flow | 0.0 | (0.6) | (0.6) | 0.0 | 0.6 | (0.4) | (1.0) | (0.7) | (0.2) | (0.3) |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | — | — | — | — | — | — | — | (0.6) | — | — |
| Other Assets - Decrease/(Increase) - Cash Flow | 0.0 | 2.2 | 1.9 | (0.9) | 2.7 | (3.3) | 3.0 | 0.9 | 0.4 | (1.5) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (8.1) | (0.2) | 41.0 | (0.5) | (2.4) | 25.9 | 25.5 | 19.8 | 20.7 | 9.4 |
| Other Assets & Liabilities - Increase/(Decrease) - Net - Cash Flow | — | — | — | — | — | (0.1) | (0.2) | — | — | — |
| Net Cash Flow from Operating Activities | (27.5) | 25.3 | (0.6) | (23.5) | (11.5) | 1.6 | (24.1) | (17.3) | (9.0) | (11.7) |
| Capital Expenditures - Net - Cash Flow | 0.2 | 1.7 | 4.1 | 2.1 | 3.1 | 14.8 | 12.1 | 4.4 | 1.9 | 2.7 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.2 | 1.7 | 4.0 | 2.0 | 3.2 | 14.5 | 12.1 | 3.9 | 1.9 | 2.7 |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.4 | 1.7 | 4.0 | 2.0 | 3.2 | 14.6 | 13.9 | 4.2 | 1.9 | 3.0 |
| Property, Plant & Equipment Sold - Cash Flow | 0.2 | 0.1 | 0.0 | 0.0 | — | 0.1 | 1.8 | 0.3 | 0.0 | 0.3 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | — | — | 0.1 | 0.1 | (0.1) | 0.2 | 0.0 | 0.4 | 0.0 | — |
| Intangible Assets - Purchased/Acquired - Cash Flow | — | — | 0.1 | 0.1 | — | 0.2 | 0.0 | 0.4 | 0.0 | — |
| Intangible Assets - Net - Cash Flow | — | — | — | — | (0.1) | — | — | — | — | — |
| Capital Expenditures - Total | 0.4 | 1.7 | 4.1 | 2.1 | 3.2 | 14.9 | 13.9 | 4.6 | 1.9 | 3.0 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | (13.0) | (0.9) | — | — | — | — | — | 0.0 | 0.2 | — |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | (13.0) | (0.9) | — | — | — | — | — | 0.0 | 0.2 | — |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — | — | — | 0.0 | 0.2 | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | 13.0 | 0.9 | — | — | — | — | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | — | — | — | (0.5) | (0.9) | — | — | — |
| Net Cash Flow from Investing Activities | (13.2) | (2.6) | (4.1) | (2.1) | (3.1) | (15.3) | (13.0) | (4.4) | (1.7) | (2.7) |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 32.5 | (13.4) | 4.1 | 31.8 | 5.4 | 25.6 | 34.2 | 23.4 | 12.5 | 10.6 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | — | — | — | — | 0.0 | (1.7) | 0.0 | — | 0.0 | (3.2) |
| Debt - Reduced - Short-Term - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 3.2 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | 32.5 | (13.4) | 4.1 | 31.8 | 5.4 | 27.3 | 34.2 | 23.4 | 12.5 | 13.7 |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (0.0) | (8.7) | (8.1) | (10.4) | (13.6) | (15.9) | (3.8) | (7.3) | (7.2) | (10.4) |
| Debt - Issued - Long-Term - Cash Flow | 32.5 | — | 54.4 | 86.6 | 49.5 | 120.1 | 71.0 | 75.0 | 57.6 | 37.5 |
| Debt - Reduced - Long-Term - Cash Flow | 0.0 | 13.4 | 50.4 | 54.8 | 44.1 | 92.8 | 36.8 | 51.7 | 45.1 | 23.8 |
| 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 | 15.9 | 3.8 | 7.3 | 7.2 | 10.4 |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | — | (0.1) | (0.1) | (0.0) | (0.0) | 4.4 |
| Net Cash Flow from Financing Activities | 32.5 | (13.4) | 4.1 | 31.8 | 5.4 | 25.6 | 34.1 | 23.3 | 12.4 | 15.0 |
| Foreign Exchange Effects - Cash Flow | (0.3) | (0.9) | 0.2 | 0.3 | (0.0) | 0.5 | 0.0 | 0.3 | (0.0) | (0.0) |
| Net Change in Cash - Total | (8.5) | 8.4 | (0.4) | 6.5 | (9.2) | 12.4 | (3.0) | 1.9 | 1.7 | 0.6 |
| Net Cash from Continuing Operations | (8.5) | 8.4 | (0.4) | 6.5 | (9.2) | 12.4 | (3.0) | 1.9 | 1.7 | 0.6 |
| Net Cash - Beginning Balance | 16.4 | 7.9 | 13.3 | 6.8 | 16.1 | 3.6 | 6.6 | 4.6 | 3.0 | (2.6) |
| Net Cash - Ending Balance | 7.8 | 16.4 | 12.9 | 13.3 | 6.8 | 16.0 | 3.6 | 6.5 | 4.7 | (2.0) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 0.0 | 0.1 | (0.2) | 0.1 | 0.1 | 0.6 | 0.7 | 0.6 | 0.5 | 0.4 |
| Interest Paid - Cash Flow - Supplemental | 35.9 | 8.3 | 34.6 | 20.9 | 18.9 | 30.9 | 19.5 | 14.5 | 12.2 | 13.9 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.7 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 |
| CF from Optg Activities before Change in WC & Int Payments | 10.5 | 40.9 | (0.3) | (6.4) | 5.7 | 14.8 | (24.7) | (19.8) | (15.4) | (6.5) |
| Depreciation, Depletion & Amortization - Cash Flow | 4.9 | 16.8 | 15.3 | 14.0 | 17.2 | 16.5 | 7.3 | 7.6 | 8.3 | 7.9 |
| Free Cash Flow to Equity | 4.8 | 10.2 | (0.6) | 6.2 | (9.2) | 12.4 | (2.0) | 1.7 | 1.5 | (3.8) |
| Free Cash Flow Net of Dividends | (27.9) | 23.5 | (4.7) | (25.7) | (14.7) | (13.3) | (38.0) | (22.0) | (10.9) | (14.7) |
| Free Cash Flow | (27.9) | 23.5 | (4.7) | (25.7) | (14.7) | (13.3) | (38.0) | (22.0) | (10.9) | (14.7) |
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.