Cash Flow Statement

Currency: INR

	Mar-2020	Sep-2020	Mar-2021	Sep-2021	Mar-2022	Sep-2022	Mar-2023	Sep-2023	Mar-2024	Sep-2024	Mar-2025
Operating Cash Flow
Net Income	253	202	145	138	203	233	290	321	441	228	825
Depreciation & Amortization	99	92	87	86	90	100	104	106	113	19	153
Other Non-Cash Items	135	137	155	165	163	170	215	274	285	(5)	316
Cash Taxes Paid	58	53	32	32	15	15	31	31	25	66	70
Cash Interest Paid	151	150	160	171	171	178	224	283	303	2	342
Change in Working Capital	(17)	(337)	(324)	16	(23)	(188)	(771)	(1 179)	(1 597)	157	(1 193)
Cash from Operating Activities	469 N/A	94 -80%	62 -34%	406 +556%	432 +6%	314 -27%	(163) N/A	(479) -194%	(758) -58%	399 N/A	102 -74%
Investing Cash Flow
Capital Expenditures	(266)	(197)	(224)	(277)	(227)	(246)	(334)	(428)	(555)	(289)	(922)
Other Items	79	105	(3)	(24)	(16)	(1)	(13)	(30)	(49)	55	9
Cash from Investing Activities	(187) N/A	(92) +51%	(227) -147%	(301) -33%	(243) +19%	(247) -1%	(348) -41%	(458) -32%	(604) -32%	(234) +61%	(913) -290%
Financing Cash Flow
Net Issuance of Common Stock	0	7	1	(6)	0	0	460	813	1 042	(16)	337
Net Issuance of Debt	(209)	60	335	82	(11)	123	279	416	628	(139)	1 232
Cash Paid for Dividends	0	0	(10)	(16)	(5)	(5)	(5)	(6)	(6)	(9)	(15)
Other	(151)	(150)	(160)	(171)	(171)	(178)	(224)	(283)	(303)	(2)	(342)
Cash from Financing Activities	(360) N/A	(83) +77%	165 N/A	(111) N/A	(187) -68%	(60) +68%	510 N/A	939 +84%	1 362 +45%	(167) N/A	1 211 N/A
Change in Cash
Net Change in Cash	(78) N/A	(81) -3%	0 N/A	(6) N/A	2 N/A	7 +252%	(1) N/A	3 N/A	0 N/A	(2) N/A	400 N/A
Free Cash Flow
Free Cash Flow	203 N/A	(104) N/A	(162) -57%	129 N/A	204 +58%	69 -66%	(497) N/A	(907) -82%	(1 313) -45%	110 N/A	(820) N/A

Apollo Micro Systems Ltd
NSE:APOLLO