| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 4 | 1 | -2 | -2 | -8 | -2 | -2 | -2 |
| Borrowings | 18 | 18 | 20 | 22 | 20 | 0 | 1 | 0 |
| Other Liabilities | 2 | 2 | 1 | 2 | 2 | 2 | 0 | 0 |
| Total Liabilities | 37 | 34 | 33 | 35 | 27 | 13 | 12 | 11 |
| AssetsFixed Assets | 6 | 5 | 4 | 3 | 3 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 3 |
| Other Assets | 31 | 29 | 29 | 32 | 24 | 12 | 8 | 8 |
| Total Assets | 37 | 34 | 33 | 35 | 27 | 13 | 12 | 11 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1 | 1 | 1 | -1 | -0 | 3 | 0 | 0 |
| Cash from Investing | 0 | 0 | -0 | 0 | 0 | 0 | 32 | 0 |
| Cash from Financing | -1 | -1 | -1 | 1 | -0 | -3 | -22 | 0 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 1 | 1 | 1 | -1 | 0 | 3 | 33 | 0 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
GLITTEKG · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.