Compagnie Marocaine de Goutte à goutte et de Pompage S.A. (CBSE:CMG)

CBSE:CMG Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	244.01	182.53	122.56	142.17	154.21
Depreciation & Amortization	79.61	51.15	64.19	41.08	30.79
Loss (Gain) From Sale of Assets	-3.4	-1.74	-0.82	6.81	3.73
Loss (Gain) on Equity Investments	-	-3.36	-	-	-
Other Operating Activities	21.12	10.73	-2.29	-298.6	-1,351
Change in Accounts Receivable	65.21	68.38	-55.14	191.33	495.15
Change in Inventory	-89.27	-62.15	54.44	23.41	256.21
Change in Other Net Operating Assets	89.12	64.84	-12.94	-66.98	-81.08
Operating Cash Flow	406.39	310.38	170	39.23	-491.98
Operating Cash Flow Growth	30.93%	82.58%	333.37%	-	-
Capital Expenditures	-88.43	-65.97	-61.49	-84.64	-139.76
Sale of Property, Plant & Equipment	4.03	1.83	12.69	9.62	7.43
Cash Acquisitions	-	-15.48	-	-	-220.72
Investment in Securities	-904.07	-30	-	2.6	16.92
Other Investing Activities	851.14	-12.67	0.15	0.92	-13.61
Investing Cash Flow	-137.32	-122.3	-48.66	-71.5	-349.75
Long-Term Debt Issued	695.72	38.38	5.89	38.17	375.37
Long-Term Debt Repaid	-125.85	-89.32	-64.08	-63.41	-127.89
Net Debt Issued (Repaid)	569.87	-50.94	-58.2	-25.24	247.48
Issuance of Common Stock	-	280.99	-	-	590
Common Dividends Paid	-147.54	-	-	-	-5.65
Other Financing Activities	-	1.18	3.25	5.97	4.89
Financing Cash Flow	422.33	231.23	-54.95	-19.27	836.72
Net Cash Flow	691.4	419.31	66.39	-51.54	-5
Free Cash Flow	317.96	244.41	108.5	-45.41	-631.74
Free Cash Flow Growth	30.10%	125.26%	-	-	-
Free Cash Flow Margin	10.87%	10.50%	5.23%	-2.20%	-34.88%
Free Cash Flow Per Share	18.70	14.38	70.00	-29.29	-407.55
Levered Free Cash Flow	849.51	203.62	158.76	-304.92	-470.01
Unlevered Free Cash Flow	863.02	223	178.52	-285.38	-448.82
Change in Working Capital	65.05	71.07	-13.64	147.76	670.28

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