Agma SA Cash Flow Statement

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

Millions MAD. 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	66.63	63.3	56.83	51.96	50.22
Depreciation & Amortization	-	3.88	5.53	4.01	0
Loss (Gain) From Sale of Assets	-	-	-	-0.14	0.03
Other Operating Activities	-67.01	-0.56	-2.74	-0.26	65.41
Change in Other Net Operating Assets	-	20.06	31.61	30.14	-
Operating Cash Flow	-0.39	86.68	91.24	85.72	115.67
Operating Cash Flow Growth	-	-5.00%	6.44%	-25.89%	132.20%
Sale of Property, Plant & Equipment	-	-	-	0.14	-
Investment in Securities	-2.34	-6.26	-7.34	1.87	-
Investing Cash Flow	-2.34	-6.26	-7.34	2.01	-
Long-Term Debt Repaid	-	-0.7	-0.67	-0.64	-
Net Debt Issued (Repaid)	-	-0.7	-0.67	-0.64	-
Common Dividends Paid	-	-51	-50	-47	-
Other Financing Activities	-22.34	0.6	-3.46	-9.77	-
Financing Cash Flow	-22.34	-51.1	-54.13	-57.41	-
Miscellaneous Cash Flow Adjustments	0	-	-	-	-
Net Cash Flow	-25.06	29.32	29.77	30.31	115.67
Free Cash Flow	-0.39	86.68	91.24	85.72	115.67
Free Cash Flow Growth	-	-5.00%	6.44%	-25.89%	147.70%
Free Cash Flow Margin	-0.22%	53.90%	60.02%	60.64%	88.58%
Levered Free Cash Flow	69.46	88.82	58.02	105.45	65.01
Unlevered Free Cash Flow	69.46	88.83	58.05	105.5	65.01
Change in Working Capital	-	20.06	31.61	30.14	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.