CBSE:GTM 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	589.76	645.23	767.55	328.72
Depreciation & Amortization	434.09	353.44	270.78	223.81
Loss (Gain) From Sale of Assets	131.97	-7.98	-8.56	0.03
Other Operating Activities	41.03	78.19	199.29	2.74
Change in Other Net Operating Assets	348.87	453.48	-967.16	300.88
Operating Cash Flow	1,546	1,522	261.92	856.18
Operating Cash Flow Growth	1.54%	481.24%	-69.41%	-
Capital Expenditures	-673.81	-721.13	-559.92	-351.91
Sale of Property, Plant & Equipment	23.85	25.68	8.97	0.03
Sale (Purchase) of Intangibles	-2.28	-1.11	-0.21	-0.11
Other Investing Activities	-	0	-	0
Investing Cash Flow	-736.84	-700.83	-551.42	-352.49
Long-Term Debt Issued	-	-	653.06	-
Long-Term Debt Repaid	-35.6	-384.7	-	-31.64
Net Debt Issued (Repaid)	-35.6	-384.7	653.06	-31.64
Common Dividends Paid	-175	-150	-100	-300
Other Financing Activities	15.07	4.3	-12.04	4.65
Financing Cash Flow	-195.52	-530.4	541.02	-326.99
Miscellaneous Cash Flow Adjustments	-13.44	-	-0	-
Net Cash Flow	599.91	291.12	251.51	176.71
Free Cash Flow	871.91	801.23	-298	504.27
Free Cash Flow Growth	8.82%	-	-	-
Free Cash Flow Margin	7.86%	9.42%	-3.39%	9.66%
Free Cash Flow Per Share	291.25	266.98	-99.39	168.74
Levered Free Cash Flow	1,104	749.78	-575.27	-
Unlevered Free Cash Flow	1,168	824.23	-519.43	-
Change in Working Capital	348.87	453.48	-967.16	300.88

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