CBSE:BAL 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	14.28	8.89	18.49	9.89	10.07
Depreciation & Amortization	1.41	3.75	3.83	-	-
Loss (Gain) From Sale of Assets	-2.64	-1.13	-18.73	2.39	-
Other Operating Activities	1.36	0.53	0.27	-0.79	3.78
Change in Other Net Operating Assets	39.95	13.51	-11.48	0.32	-1.22
Operating Cash Flow	54.36	25.55	-7.62	11.81	12.63
Operating Cash Flow Growth	112.77%	-	-	-6.44%	-18.05%
Capital Expenditures	-44.73	-19.05	-7.28	-5.13	-4.47
Sale of Property, Plant & Equipment	2.66	1.14	23.41	2.41	-
Other Investing Activities	-	-	0	-	-
Investing Cash Flow	-42.08	-17.91	16.14	-2.73	-4.47
Long-Term Debt Issued	-	0.36	-	-	-
Long-Term Debt Repaid	-0.54	-	-0.17	-	-
Net Debt Issued (Repaid)	-0.54	0.36	-0.17	-	-
Issuance of Common Stock	7.5	-	-	-	-
Common Dividends Paid	-9.59	-9.59	-8.72	-8.02	-8.02
Dividends Paid	-9.59	-9.59	-8.72	-8.02	-8.02
Other Financing Activities	-	-	-	0.15	-
Financing Cash Flow	-2.63	-9.23	-8.89	-7.87	-8.02
Miscellaneous Cash Flow Adjustments	-	-	-0	-0	0
Net Cash Flow	9.65	-1.59	-0.38	1.22	0.14
Free Cash Flow	9.62	6.5	-14.9	6.68	8.16
Free Cash Flow Growth	48.12%	-	-	-18.13%	-45.91%
Free Cash Flow Margin	15.60%	11.15%	-29.83%	13.88%	17.92%
Free Cash Flow Per Share	5.52	3.73	-8.54	3.83	4.68
Levered Free Cash Flow	-34.6	-14.45	-1.56	2.71	4.44
Unlevered Free Cash Flow	-34.6	-14.45	-1.54	2.71	4.44
Change in Working Capital	39.95	13.51	-11.48	0.32	-1.22

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