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Societe Generale des Travaux du Maroc S.A (CBSE:GTM)
Morocco flag Morocco · Delayed Price · Currency is MAD
710.00
-19.10 (-2.62%)
At close: Aug 11, 2026

CBSE:GTM Cash Flow Statement

Millions MAD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
1,342589.76645.23767.55328.72
Depreciation & Amortization
512.39434.09353.44270.78223.81
Loss (Gain) From Sale of Assets
-72.09131.97-7.98-8.560.03
Other Operating Activities
-58.2441.0378.19199.292.74
Change in Other Net Operating Assets
-109.51348.87453.48-967.16300.88
Operating Cash Flow
1,6141,5461,522261.92856.18
Operating Cash Flow Growth
4.45%1.54%481.24%-69.41%-

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-783.61-673.81-721.13-559.92-351.91
Sale of Property, Plant & Equipment
28.4723.8525.688.970.03
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

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
---653.06-
Long-Term Debt Repaid
-5.76-35.6-384.7--31.64
Net Debt Issued (Repaid)
-5.76-35.6-384.7653.06-31.64
Issuance of Common Stock
100----
Common Dividends Paid
-500-175-150-100-300
Other Financing Activities
-7.7715.074.3-12.044.65
Financing Cash Flow
-413.54-195.52-530.4541.02-326.99

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Miscellaneous Cash Flow Adjustments
139.02-13.44--0-
Net Cash Flow
576.13599.91291.12251.51176.71

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
830.89871.91801.23-298504.27
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
22.91291.25266.98-99.39168.74
Levered Free Cash Flow
650.31,104749.78-575.27-
Unlevered Free Cash Flow
722.991,168824.23-519.43-

Additional Metrics

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Change in Working Capital
-109.51348.87453.48-967.16300.88