BVMT:SFBT Cash Flow Statement

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

Millions TND. 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	282.95	281.68	257.03	251.03	210.59
Depreciation & Amortization	66.25	60.94	63.5	68.06	71.3
Other Amortization	1.35	-	-	-	-
Loss (Gain) From Sale of Assets	-14.27	-11.49	-2.47	-1.73	-0.66
Loss (Gain) on Equity Investments	-0.6	-0.64	-0.93	-0.48	-0.6
Other Operating Activities	14.3	40.53	35.64	33.21	41.99
Change in Accounts Receivable	8.64	-5.86	2.03	-22.78	-1.11
Change in Inventory	-11.01	-79.29	-64.3	-5.24	2.23
Change in Accounts Payable	55.93	-49.25	61.57	9.19	17.48
Change in Other Net Operating Assets	-8.64	-34.42	0.76	-33.11	12.87
Operating Cash Flow	408.4	216.09	367.06	308.69	361.72
Operating Cash Flow Growth	89.00%	-41.13%	18.91%	-14.66%	30.82%
Capital Expenditures	-97.42	-83.61	-70.2	-37.86	-90.19
Sale of Property, Plant & Equipment	4.44	6.42	1.62	1.36	3.98
Cash Acquisitions	-0.12	-17.23	-4.41	-	-
Sale (Purchase) of Intangibles	-1.43	-0.87	-1.72	-0.98	-4.37
Investment in Securities	-54.38	-11.28	-95.67	-120.41	76.28
Other Investing Activities	0.64	-	-	-	-
Investing Cash Flow	-148.27	-106.57	-170.38	-157.88	-14.31
Long-Term Debt Issued	-	0.38	4.93	20.06	-
Long-Term Debt Repaid	-15.07	-	-	-	-41.67
Net Debt Issued (Repaid)	-15.07	0.38	4.93	20.06	-41.67
Issuance of Common Stock	3.54	1.46	0.42	-	1.72
Repurchase of Common Stock	-0.19	-	-	-	-
Common Dividends Paid	-198.05	-180.26	-177.31	-176.47	-160.31
Other Financing Activities	-10.24	-6.17	-7.9	-6.6	-6
Financing Cash Flow	-220.01	-184.6	-179.86	-163.01	-206.26
Net Cash Flow	40.12	-75.07	16.83	-12.2	141.15
Free Cash Flow	310.99	132.48	296.86	270.84	271.52
Free Cash Flow Growth	134.74%	-55.37%	9.61%	-0.25%	65.67%
Free Cash Flow Margin	22.20%	9.63%	22.25%	22.54%	22.49%
Free Cash Flow Per Share	1.16	0.49	1.11	1.01	1.01
Levered Free Cash Flow	216.2	-12.79	177.15	170.71	198.48
Unlevered Free Cash Flow	226.66	-3.06	182.66	172.77	203.09
Change in Working Capital	44.92	-168.82	0.06	-51.94	31.48

Updated Jul 30, 1999. Source: S&P Global Market Intelligence. Standard template. Financial Sources.