Statement of Cash Flows

		GROUP		BANK
For the year ended December 31,	Note	2025 Rs. ’000	2024 Rs. ’000	2025 Rs. ’000	2024 Rs. ’000
Cash flows from operating activities
Profit before income tax		92,787,421	97,808,357	89,377,771	95,534,611
Adjustments for:
Non-cash items included in Profit or Loss and Other Comprehensive Income	63	28,354,345	(59,700,533)	27,560,671	(60,723,394)
Change in operating assets	64	(521,753,312)	(244,015,913)	(486,878,857)	(233,400,043)
Change in operating liabilities	65	420,789,987	138,769,911	390,633,006	128,849,627
(Gains)/losses on sale of property, plant and equipment	17	(25,515)	(15,939)	(13,487)	(2,197)
Loss on sale of investment property	17	2,900	3,225	–	–
Share of (profit)/loss of associate, net of tax	37.1	662	460	–	–
Dividends received from investments in subsidiaries	17	–	–	(75,600)	(93,600)
Proceeds received from the voluntary liquidation of a subsidiary		–	(3,105)	–	(3,105)
Interest expense on subordinated liabilities	13.2	9,230,001	7,242,090	9,219,413	7,242,090
Net unrealised gains/(losses) arising from translating the Financial Statements of foreign operations	55.4	2,888,637	(11,971,874)	2,278,856	(10,890,433)
Benefits paid on defined benefit plans		(292,071)	(270,771)	(276,358)	(255,784)
Income tax paid	47	(19,877,515)	(20,193,005)	(19,035,769)	(19,558,649)
Net cash from/(used in) operating activities		12,105,540	(92,347,097)	12,789,646	(93,300,877)
Cash flows from investing activities
Purchase of property, plant and equipment	38.1 to 38.4	(3,186,791)	(3,397,817)	(2,930,806)	(3,243,491)
Proceeds from sale of property, plant and equipment		32,389	42,495	16,732	5,264
Proceeds from sale of investment property		16,000	9,000	–	–
Purchase of financial investments		(2,880,760)	(3,151,144)	(2,880,760)	(3,151,144)
Proceeds from sale and maturity of financial investments		1,694,624	1,644,409	1,694,624	1,644,409
Purchase of intangible assets	40.1 & 40.2	(1,573,311)	(1,646,414)	(1,541,813)	(1,625,594)
Proceeds received from the voluntary liquidation of a subsidiary		–	3,105	–	3,105
Investments in subsidiaries		(332,880)	–	(1,149,800)	–
Dividends received from investments in subsidiaries	17	–	–	75,600	93,600
Net cash from/(used in) investing activities		(6,230,729)	(6,496,366)	(6,716,223)	(6,273,851)
Cash flows from financing activities
Proceeds from right issue of ordinary shares	51	–	22,543,555	–	22,543,555
Proceeds from issue of ordinary voting shares under employee share option plans	51	788,473	272,475	788,473	272,475
Proceeds from issue of subordinated liabilities	50	16,253,954	20,000,000	15,000,000	20,000,000
Interest paid on subordinated liabilities		(8,605,067)	(6,017,352)	(8,605,067)	(6,017,352)
Payment of lease liabilities/advance payment of right-of-use assets		(2,472,863)	(1,719,337)	(2,578,273)	(1,893,969)
Dividend paid to shareholders		(10,445,326)	(5,165,595)	(10,445,326)	(5,165,595)
Withholding tax paid on scrip dividend		(2,117,825)	(1,142,772)	(2,117,825)	(1,142,772)
Dividend paid to non-controlling interest	56	(8,352)	(20,364)	(–)	(–)
Net cash from/(used in) financing activities		(6,607,006)	(28,750,610)	(7,958,018)	28,596,342
Net increase/(decrease) in cash and cash equivalents		(732,195)	(70,092,853)	(1,884,595)	(70,978,386)
Gross cash and cash equivalents as at January 01,		89,623,605	159,716,458	86,855,486	157,833,872
Gross cash and cash equivalents as at December 31,	28	88,891,410	89,623,605	84,970,891	86,855,486
Less: Impairment charges on cash and cash equivalents	28.1	(34,399)	(8,146)	(33,445)	(7,195)
Net cash and cash equivalents as per Statement of Financial Position	28	88,857,011	89,615,459	84,937,446	86,848,291

The Notes appearing on pages 319 to 470 form an integral part of these Financial Statements.