PTC Pakistan Telecommunication Company Ltd
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 53.60 -2.65%
Annual · FY2007 – FY2025
Pakistan Telecommunication Company Ltd (PTC) cash flow statement
Operating activities generated Rs 69.7 bn of cash in FY2025 (Jan – Dec 2025), up 10.7% on FY2024. Capital expenditure was Rs 31.4 bn, leaving free cash flow of Rs 38.3 bn. Dividends paid to shareholders came to Rs 380,000. Overall, cash decreased by Rs 5.2 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 * 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 | |||||||||||||||||||
| Profit (cash-flow starting line, as reported) | (14.8) | (20.9) | (22.9) | (17.1) | 3.4 | 4.6 | 3.6 | 6.9 | 6.4 | 4.3 | 4.0 | 6.2 | 23.8 | — | 15.8 | 18.6 | 16.7 | (2.5) | 25.7 |
| Depreciation & amortisation | 52.7 | 46.8 | 44.0 | 40.1 | 36.0 | 34.6 | 34.5 | 32.5 | 33.5 | 32.3 | 32.0 | 28.4 | 24.7 | — | 22.0 | 21.7 | 19.3 | 16.8 | 15.4 |
| Net cash from operating activities | 69.7 | 62.9 | 9.1 | 53.8 | 38.7 | 50.2 | 39.2 | 37.6 | 27.1 | 37.9 | 36.2 | 25.9 | 44.1 | — | 31.2 | 31.2 | 37.6 | 8.6 | 38.8 |
| Investing activities | |||||||||||||||||||
| Capital expenditure | (31.4) | (62.0) | (60.9) | (54.6) | (63.1) | (31.9) | (40.7) | (37.4) | (29.8) | (31.0) | (31.6) | (80.4) | (29.4) | — | (26.2) | (28.4) | (18.1) | (34.7) | (20.6) |
| Net cash from investing activities | (35.9) | (167.6) | 28.6 | (140.3) | (82.1) | (57.5) | (41.9) | (30.6) | (3.0) | (27.5) | (37.2) | (85.5) | (25.7) | — | (23.6) | (22.3) | (14.1) | (31.2) | (17.8) |
| Financing activities | |||||||||||||||||||
| Dividends paid | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (2.6) | (2.6) | (5.0) | (5.1) | (10.4) | (13.1) | (9.7) | (5.1) | — | (8.9) | (13.2) | (0.0) | (10.2) | (16.0) |
| Borrowings raised / (repaid) | 0.3 | 106.7 | (37.8) | 66.5 | 31.7 | 7.7 | (4.2) | 1.5 | 3.2 | 5.9 | 6.0 | 15.0 | (20.5) | — | (0.1) | 3.9 | (1.3) | (0.0) | (0.3) |
| Net cash from financing activities | (38.9) | 105.2 | (41.4) | 56.3 | 37.5 | 7.2 | (9.0) | (1.7) | (17.7) | (4.2) | (5.6) | 44.6 | (28.5) | — | (19.0) | (26.3) | (1.3) | 9.8 | (11.5) |
| Net change in cash | (5.2) | 0.5 | (3.8) | (30.2) | (6.0) | (0.2) | (11.7) | 5.4 | 6.4 | 6.2 | (6.7) | (14.9) | (10.1) | — | (11.4) | (17.4) | 22.3 | (12.9) | 9.5 |
| Key figures | |||||||||||||||||||
| Free cash flow (operating cash flow − capex) | 38.3 | 0.9 | (51.9) | (0.8) | (24.5) | 18.3 | (1.5) | 0.2 | (2.7) | 6.9 | 4.6 | (54.5) | 14.6 | — | 5.0 | 2.7 | 19.6 | (26.1) | 18.1 |
| 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 * 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 | |||||||||||||||||||
| Profit (cash-flow starting line, as reported) | — | — | — | -604.8% | -25.8% | +25.6% | -47.7% | +8.8% | +49.6% | +6.3% | -35.2% | -74.0% | — | — | -15.3% | +11.3% | — | -109.7% | — |
| Depreciation & amortisation | +12.5% | +6.5% | +9.7% | +11.5% | +3.9% | +0.3% | +6.1% | -3.0% | +3.9% | +0.8% | +12.5% | +15.1% | — | — | +1.6% | +12.2% | +14.7% | +9.4% | — |
| Net cash from operating activities | +10.7% | +595.3% | -83.2% | +39.2% | -22.9% | +28.0% | +4.1% | +38.8% | -28.5% | +4.9% | +39.5% | -41.2% | — | — | +0.1% | -17.2% | +338.1% | -77.8% | — |
| Investing activities | |||||||||||||||||||
| Capital expenditure | -49.4% | +1.8% | +11.6% | -13.5% | +97.8% | -21.6% | +8.8% | +25.4% | -3.9% | -1.6% | -60.8% | +173.4% | — | — | -7.7% | +57.4% | -48.0% | +68.3% | — |
| Net cash from investing activities | — | -686.8% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | |||||||||||||||||||
| Dividends paid | -66.2% | +101.6% | +10.9% | -57.9% | -100.0% | -2.0% | -48.4% | -1.0% | -50.8% | -20.7% | +35.5% | +89.5% | — | — | -32.4% | +480,879.5% | -100.0% | -36.1% | — |
| Borrowings raised / (repaid) | -99.7% | — | -156.9% | +109.9% | +309.4% | — | -378.2% | -52.7% | -46.5% | -0.4% | -60.1% | — | — | — | -101.9% | — | — | — | — |
| Net cash from financing activities | -137.0% | — | -173.5% | +50.2% | +421.1% | — | — | — | — | — | -112.7% | — | — | — | — | — | -113.3% | — | — |
| Net change in cash | -1,202.6% | — | — | — | — | — | -318.0% | -15.7% | +2.3% | — | — | — | — | — | — | -178.2% | — | -236.3% | — |
| Key figures | |||||||||||||||||||
| Free cash flow (operating cash flow − capex) | +3,989.5% | — | — | — | -234.0% | — | -724.0% | — | -139.4% | +49.5% | — | -471.8% | — | — | +81.7% | -86.0% | — | -244.0% | — |
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 16 Oct 2026.
All reported line items 58
| 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 | (14.8) | (20.9) | (22.9) | (17.1) | 3.4 | 4.6 | 3.6 | 6.9 | 6.4 | 4.3 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 138.8 | 135.8 | 123.9 | 72.6 | 47.9 | 67.2 | 47.2 | 38.2 | 35.7 | 31.8 |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | — | — | — | — | — | — | — | — | 0.0 | (0.0) |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 47.9 | 37.2 | 22.5 | 11.0 | 3.7 | 26.1 | 5.4 | 2.0 | (6.4) | (5.2) |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 39.7 | 57.0 | 62.8 | 23.5 | 9.2 | 8.1 | 8.2 | 4.1 | 6.5 | 3.6 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 53.1 | 47.3 | 44.7 | 40.7 | 36.0 | 34.6 | 34.5 | 32.5 | 36.0 | 33.6 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 45.0 | 39.1 | 36.6 | 33.1 | 31.2 | 31.0 | 31.0 | 29.1 | 33.5 | 32.3 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 7.7 | 7.7 | 7.4 | 7.0 | 4.8 | 3.6 | 3.6 | 3.4 | — | — |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | 0.4 | 0.5 | 0.7 | 0.6 | 0.0 | — | — | — | 2.4 | 1.3 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (1.9) | (5.8) | (6.1) | (2.6) | (1.0) | (1.6) | (0.9) | (0.4) | (0.3) | (0.2) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 7.8 | 8.7 | 5.7 | 6.6 | 6.4 | 3.7 | 4.1 | 5.3 | 4.8 | 2.8 |
| Interest Paid - Cash | 31.9 | 47.4 | 40.4 | 20.8 | 7.7 | 6.1 | 5.8 | 3.9 | 6.5 | 3.6 |
| Interest & Dividends - Received - Total - Cash Flow | — | — | — | — | — | — | — | 9.7 | 3.2 | 2.3 |
| Cash Flow from Operating Activities before Changes in Working Capital | 84.3 | 58.8 | 55.0 | 28.1 | 37.2 | 61.9 | 41.0 | 45.7 | 34.0 | 32.0 |
| Working Capital - Increase/(Decrease) - Cash Flow | (14.7) | 4.1 | (45.9) | 25.7 | 1.4 | (11.8) | (1.8) | (8.1) | (6.9) | 5.9 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (32.6) | (15.9) | (38.0) | (36.4) | (13.0) | (16.2) | (9.1) | (11.0) | (11.9) | (5.5) |
| Inventories - Decrease/(Increase) - Cash Flow | 2.7 | 1.6 | (1.3) | (2.4) | (1.9) | 1.8 | 0.6 | (2.5) | (1.0) | (0.0) |
| Other Assets - Decrease/(Increase) - Cash Flow | 3.6 | 3.9 | (14.7) | 7.9 | (2.6) | (3.6) | 0.5 | (1.5) | 1.5 | (1.5) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 11.3 | 14.4 | 8.1 | 19.0 | 9.8 | 6.3 | 6.3 | 6.9 | 4.5 | 7.8 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | 0.4 | 0.2 | (0.1) | 37.6 | 9.2 | (0.1) | (0.1) | 0.0 | (0.0) | 5.1 |
| Net Cash Flow from Operating Activities | 69.7 | 62.9 | 9.1 | 53.8 | 38.7 | 50.2 | 39.2 | 37.6 | 27.1 | 37.9 |
| Capital Expenditures - Net - Cash Flow | 29.1 | 55.7 | 54.6 | 51.8 | 62.0 | 30.4 | 39.7 | 37.1 | 29.5 | 30.7 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 28.5 | 54.6 | 51.4 | 51.3 | 37.5 | 29.3 | 39.2 | 36.7 | 28.8 | 30.4 |
| Property, Plant & Equipment - Purchased - Cash Flow | 30.8 | 60.9 | 57.7 | 54.0 | 38.6 | 30.8 | 40.2 | 36.9 | 29.2 | 30.7 |
| Property, Plant & Equipment Sold - Cash Flow | 2.2 | 6.3 | 6.3 | 2.7 | 1.1 | 1.5 | 1.0 | 0.3 | 0.4 | 0.3 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | 0.6 | 1.1 | 3.2 | 0.5 | 24.5 | 1.1 | 0.5 | 0.5 | 0.6 | 0.4 |
| Intangible Assets - Purchased/Acquired - Cash Flow | 0.6 | 1.1 | 3.2 | 0.5 | 24.5 | 1.1 | 0.5 | 0.5 | 0.6 | 0.4 |
| Capital Expenditures - Total | 31.4 | 62.0 | 60.9 | 54.6 | 63.1 | 31.9 | 40.7 | 37.4 | 29.8 | 31.0 |
| Acquisition & Disposals of Business - Assets - Sold/(Acquired) - Net - Cash Flow | (67.1) | — | — | — | — | — | — | — | — | — |
| Acquisition of Business - Cash Flow | 67.1 | — | — | — | — | — | — | — | — | — |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 116.9 | (109.6) | 91.8 | (97.4) | (22.0) | (24.5) | 0.0 | 5.1 | 19.9 | (1.6) |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 116.9 | (109.6) | 91.8 | (97.4) | (22.0) | (24.5) | 0.0 | 5.1 | 19.9 | (1.6) |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | — | — | — | — | 24.5 | 0.0 | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | (56.6) | (2.3) | (8.6) | 8.8 | 1.9 | (2.6) | (2.2) | 1.5 | 6.5 | 4.9 |
| Net Cash Flow from Investing Activities | (35.9) | (167.6) | 28.6 | (140.3) | (82.1) | (57.5) | (41.9) | (30.6) | (3.0) | (27.5) |
| Dividends Paid - Cash - Total - Cash Flow | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.6 | 2.6 | 5.0 | 5.1 | 10.4 |
| Dividends - Common - Cash Paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.6 | 2.6 | 5.0 | 5.1 | 10.4 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 0.3 | 106.7 | (37.8) | 66.5 | 31.7 | 7.7 | (4.2) | 1.5 | 3.2 | 5.9 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | 0.3 | 106.7 | (37.8) | 66.5 | 31.7 | 7.7 | (4.2) | 1.5 | 3.2 | 5.9 |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (15.6) | (10.5) | (8.3) | (5.8) | (5.4) | (5.0) | (4.1) | — | — | — |
| Debt - Issued - Long-Term - Cash Flow | 118.9 | 117.4 | — | 73.5 | 37.1 | 12.7 | — | — | — | — |
| Debt - Reduced - Long-Term - Cash Flow | 118.6 | 10.7 | 37.8 | 7.0 | 5.4 | 5.0 | 4.2 | — | — | — |
| 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 | 15.6 | 10.5 | 8.3 | 5.8 | 5.4 | 5.0 | 4.1 | — | — | — |
| Other Financing Cash Flow - Increase/(Decrease) | (39.2) | (1.5) | (3.5) | (10.3) | 5.8 | 2.0 | (2.3) | 1.9 | (15.8) | 0.2 |
| Net Cash Flow from Financing Activities | (38.9) | 105.2 | (41.4) | 56.3 | 37.5 | 7.2 | (9.0) | (1.7) | (17.7) | (4.2) |
| Net Change in Cash - Total | (5.2) | 0.5 | (3.8) | (30.2) | (6.0) | (0.2) | (11.7) | 5.4 | 6.4 | 6.2 |
| Net Cash from Continuing Operations | (5.2) | 0.5 | (3.8) | (30.2) | (6.0) | (0.2) | (11.7) | 5.4 | 6.4 | 6.2 |
| Net Cash - Beginning Balance | (27.5) | (28.0) | (24.3) | 6.0 | 12.0 | 12.2 | 23.9 | 18.5 | 12.2 | 5.9 |
| Net Cash - Ending Balance | (32.7) | (27.5) | (28.0) | (24.3) | 6.0 | 12.0 | 12.2 | 23.9 | 18.5 | 12.2 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 7.8 | 8.7 | 5.7 | 6.6 | 6.4 | 3.7 | 4.1 | 5.3 | 4.8 | 2.8 |
| Interest Paid - Cash Flow - Supplemental | 31.9 | 47.4 | 40.4 | 20.8 | 7.7 | 6.1 | 5.8 | 3.9 | 6.5 | 3.6 |
| Interest & Dividends - Received - Cash Flow - Supplemental | — | — | — | — | — | — | — | 9.7 | 3.2 | 2.3 |
| CF from Optg Activities before Change in WC & Int Payments | 116.2 | 106.1 | 95.4 | 48.9 | 44.9 | 68.1 | 46.8 | 49.6 | 40.5 | 35.6 |
| Contract Assets - Decrease/(Increase) - Cash Flow | (7.8) | — | — | — | — | — | — | — | (2.3) | — |
| Depreciation, Depletion & Amortization - Cash Flow | 52.7 | 46.8 | 44.0 | 40.1 | 36.0 | 34.6 | 34.5 | 32.5 | 33.5 | 32.3 |
| Free Cash Flow to Equity | 40.8 | 113.9 | (83.4) | 68.5 | 8.3 | 27.5 | (4.7) | 2.0 | 0.8 | 13.2 |
| Free Cash Flow Net of Dividends | 38.3 | 0.9 | (51.9) | (0.8) | (24.5) | 15.7 | (4.1) | (4.8) | (7.8) | (3.5) |
| Free Cash Flow | 38.3 | 0.9 | (51.9) | (0.8) | (24.5) | 18.3 | (1.5) | 0.2 | (2.7) | 6.9 |
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.