BRVM:CIEC Cash Flow Statement

Financials in millions XOF. Fiscal year is January - December.

Millions XOF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	10,526	11,485	10,261	10,511	17,183
Depreciation & Amortization	16,259	15,179	14,051	13,399	22,337
Loss (Gain) on Equity Investments	-6	-197	-593	-460	-713
Change in Accounts Receivable	95,873	-1,498	4,066	108,168	-128,119
Change in Inventory	-5,689	-609	-11,812	-2,452	-855
Change in Accounts Payable	-72,096	7,137	173	8,475	135,250
Other Operating Activities	3,318	2,719	3,389	1,577	5,224
Operating Cash Flow	48,185	34,216	19,535	139,218	50,307
Operating Cash Flow Growth	40.83%	75.15%	-85.97%	176.74%	-39.13%
Capital Expenditures	-11,302	-9,256	-3,494	-23,385	-19,265
Sale of Property, Plant & Equipment	269	150	276	60	115
Cash Acquisitions	-	-	133	-	-
Investment in Securities	-9,013	-9,872	-8,743	-	-
Investing Cash Flow	-20,045	-18,856	-11,880	-23,336	-27,323
Long-Term Debt Issued	-	-	-	594	-
Long-Term Debt Repaid	-9,300	-5,635	-8,000	-5,674	-6,995
Net Debt Issued (Repaid)	-9,300	-5,635	-8,000	-5,080	-6,995
Issuance of Common Stock	-	-	40	-	-
Common Dividends Paid	-10,637	-9,816	-9,514	-10,400	-6,532
Other Financing Activities	-3,079	-3,062	-4,009	-54,860	69,707
Financing Cash Flow	-23,016	-18,513	-21,483	-70,340	56,180
Foreign Exchange Rate Adjustments	-	-	-	-17,354	-
Miscellaneous Cash Flow Adjustments	-	-	-	-1	-2
Net Cash Flow	5,124	-3,153	-13,828	28,187	79,162
Free Cash Flow	36,883	24,960	16,041	115,833	31,042
Free Cash Flow Growth	47.77%	55.60%	-86.15%	273.15%	-41.69%
Free Cash Flow Margin	13.95%	9.77%	6.73%	50.12%	13.98%
Free Cash Flow Per Share	658.63	445.71	286.45	2068.45	554.32
Cash Interest Paid	1,595	1,474	2,096	988	887
Cash Income Tax Paid	3,537	3,037	3,721	4,919	1,328
Levered Free Cash Flow	33,906	16,891	12,632	33,702	71,515
Unlevered Free Cash Flow	36,250	19,146	15,287	35,641	73,943
Change in Working Capital	18,088	5,030	-7,573	114,191	6,276

Source: S&P Global Market Intelligence. Utility template. Financial Sources.