Société d'Exploitation des Ports (CBSE:MSA)
Morocco · Delayed Price · Currency is MAD 740.00
-10.00 (-1.33%)
At close: Oct 30, 2026
CBSE:MSA Cash Flow Statement
Financials in millions MAD. Fiscal year is January - December.
Millions MAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 1,685 | 1,589 | 1,267 | 852.23 | 816.79 | 666.36 |
Depreciation & Amortization | 506.56 | 506.56 | 493.06 | 484.64 | 481.38 | 463.26 |
Loss (Gain) From Sale of Assets | -8.38 | -6.69 | -40.01 | -1.24 | -1.02 | -1.28 |
Other Operating Activities | 278.6 | 247.09 | 230.84 | 125.33 | 149.18 | 156.59 |
Change in Other Net Operating Assets | -97.27 | 312.43 | 62.94 | -129.36 | 55.04 | -502 |
Operating Cash Flow | 2,365 | 2,648 | 2,014 | 1,332 | 1,501 | 782.93 |
Operating Cash Flow Growth | 5.72% | 31.50% | 51.23% | -11.31% | 91.77% | -27.18% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -1,217 | -1,825 | -485.65 | -276.85 | -287.81 | -584.92 |
Sale of Property, Plant & Equipment | 8.5 | 6.81 | 43.28 | 1.27 | 2.61 | 1.7 |
Other Investing Activities | 0.3 | - | 0 | 0 | - | - |
Investing Cash Flow | -1,214 | -1,812 | -434.47 | -270.3 | -287.45 | -478.61 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 129.24 | - | - | - | 1,254 |
Long-Term Debt Repaid | - | -359.98 | -433.88 | -333.86 | -275.91 | -251.62 |
Net Debt Issued (Repaid) | 15.84 | -230.74 | -433.88 | -333.86 | -275.91 | 1,002 |
Common Dividends Paid | -697.26 | -697.26 | -623.86 | -587.17 | -528.45 | -587.17 |
Other Financing Activities | 192.69 | -177.69 | -139.46 | -156.37 | -0 | 11.74 |
Financing Cash Flow | -488.73 | -1,106 | -1,197 | -1,077 | -804.36 | 426.56 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Miscellaneous Cash Flow Adjustments | - | - | -0 | - | - | -0 |
Net Cash Flow | 662.33 | -269.76 | 382.15 | -16.1 | 409.57 | 730.88 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 1,148 | 823.61 | 1,528 | 1,055 | 1,214 | 198 |
Free Cash Flow Growth | 55.25% | -46.11% | 44.88% | -13.09% | 512.91% | - |
Free Cash Flow Margin | 18.64% | 14.24% | 30.51% | 24.41% | 30.73% | 5.51% |
Free Cash Flow Per Share | 15.64 | 11.22 | 20.82 | 14.37 | 16.54 | 2.70 |
Levered Free Cash Flow | 2,329 | 218.07 | 1,374 | 1,014 | 1,089 | 37.76 |
Unlevered Free Cash Flow | 2,329 | 218.07 | 1,374 | 1,014 | 1,133 | 82.19 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Change in Working Capital | -97.27 | 312.43 | 62.94 | -129.36 | 55.04 | -502 |