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    MFSL — Max Financial Services Cashflow Statement

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    Annual cashflow statement for Max Financial Services, fiscal year end - March 31st, INR millions except per share, conversion factor applied.

    C2021
    March 31st
    2022
    March 31st
    R2023
    March 31st
    2024
    March 31st
    2025
    March 31st
    Period Length:12 M12 M12 M12 M12 M
    Source:ARSARSARSARSPRESS
    Standards:
    IAS
    IAS
    IAS
    IAS    		—
    Status:FinalFinalFinalFinalFinal
    Net Income/Starting Line5,9293,8875,2724,1484,501
    Depreciation
    Non-Cash Items53,31979,82884,73758,73472,192
    Discontinued Operations
    Unusual Items
    Other Non-Cash Items
    Changes in Working Capital8,058-5587,436-3,9434,449
    Change in Accounts Receivable
    Change in Other Assets
    Change in Payable / Accrued Expenses
    Change in Other Liabilities
    Other Operating Cash Flow
    Change in Reinsurance Receivable
    Cash from Operating Activities68,92284,95999,22361,06983,518
    Capital Expenditures-830-1,280-1,739-2,229-2,181
    Purchase of Fixed Assets
    Other Investing Cash Flow Items-67,686-87,074-113,811-47,810-94,852
    Sale of Fixed Assets
    Sale/Maturity of Investment
    Change in Net Investments
    Purchase of Investments
    Other Investing Cash Flow
    Cash from Investing Activities-68,515-88,354-115,551-50,039-97,033
    Financing Cash Flow Items-1384,620-372-373-373
    Other Financing Cash Flow
    Net Issuance / Retirement of Stock
    Net Issuance / Retirement of Debt
    Cash from Financing Activities-9213,880-2,328-1,17019,614
    Beginning Cash Balance
    Ending Cash Balance
    Net Change in Cash-514485-18,6559,8616,099