CBSE:GTM Cash Flow Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,342	589.76	645.23	767.55	328.72
Depreciation & Amortization	512.39	434.09	353.44	270.78	223.81
Loss (Gain) From Sale of Assets	-72.09	131.97	-7.98	-8.56	0.03
Other Operating Activities	-58.24	41.03	78.19	199.29	2.74
Change in Other Net Operating Assets	-109.51	348.87	453.48	-967.16	300.88
Operating Cash Flow	1,614	1,546	1,522	261.92	856.18
Operating Cash Flow Growth	4.45%	1.54%	481.24%	-69.41%	-
Capital Expenditures	-783.61	-673.81	-721.13	-559.92	-351.91
Sale of Property, Plant & Equipment	28.47	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	-763.86	-736.84	-700.83	-551.42	-352.49
Long-Term Debt Issued	-	-	-	653.06	-
Long-Term Debt Repaid	-5.76	-35.6	-384.7	-	-31.64
Net Debt Issued (Repaid)	-5.76	-35.6	-384.7	653.06	-31.64
Issuance of Common Stock	100	-	-	-	-
Common Dividends Paid	-500	-175	-150	-100	-300
Other Financing Activities	-7.77	15.07	4.3	-12.04	4.65
Financing Cash Flow	-413.54	-195.52	-530.4	541.02	-326.99
Miscellaneous Cash Flow Adjustments	139.02	-13.44	-	-0	-
Net Cash Flow	576.13	599.91	291.12	251.51	176.71
Free Cash Flow	830.89	871.91	801.23	-298	504.27
Free Cash Flow Growth	-4.71%	8.82%	-	-	-
Free Cash Flow Margin	5.48%	7.86%	9.42%	-3.39%	9.66%
Free Cash Flow Per Share	22.91	291.25	266.98	-99.39	168.74
Levered Free Cash Flow	650.3	1,104	749.78	-575.27	-
Unlevered Free Cash Flow	722.99	1,168	824.23	-519.43	-
Change in Working Capital	-109.51	348.87	453.48	-967.16	300.88