Auto Nejma Maroc 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	324.18	205.38	157.77	193.39	145.65
Depreciation & Amortization	37.62	29.87	24.1	25.46	316.48
Other Amortization	-	-	-	-	295.05
Loss (Gain) From Sale of Assets	-1.86	-1.63	-	-	-0.98
Asset Writedown & Restructuring Costs	-	-	-	-	3
Provision & Write-off of Bad Debts	-	-	-	-	-1.33
Other Operating Activities	-	0	0	-	-583.6
Change in Other Net Operating Assets	-363.89	77.79	-271.96	-112.06	-
Operating Cash Flow	-3.84	311.77	-24.06	108.06	174.27
Operating Cash Flow Growth	-	-	-	-38.00%	47.43%
Capital Expenditures	-84.2	-100.73	-250.48	-13.8	-15.81
Sale of Property, Plant & Equipment	1.86	1.63	-	-	1.85
Cash Acquisitions	-	-	7.39	-	-
Sale (Purchase) of Intangibles	-3.44	-1.41	-4.84	-0.75	-3.19
Other Investing Activities	-	-	-	0	-
Investing Cash Flow	-87.79	-100.51	-247.94	-14.54	-17.15
Long-Term Debt Issued	488.5	-	121.29	-	-
Long-Term Debt Repaid	-	-58.62	-	-	-
Net Debt Issued (Repaid)	488.5	-58.62	121.29	-	-
Common Dividends Paid	-122.79	-96.19	-127.91	-88	-61.4
Other Financing Activities	0	-	-	-	-
Financing Cash Flow	365.71	-154.81	-6.62	-88	-61.4
Miscellaneous Cash Flow Adjustments	-0.03	0.01	-	-	-82.17
Net Cash Flow	274.05	56.46	-278.61	5.51	13.56
Free Cash Flow	-88.04	211.05	-274.54	94.26	158.46
Free Cash Flow Growth	-	-	-	-40.52%	40.99%
Free Cash Flow Margin	-2.09%	7.27%	-12.07%	4.49%	6.83%
Free Cash Flow Per Share	-86.04	205.79	-272.60	89.14	154.86
Levered Free Cash Flow	167.91	301.42	-609.32	-60.04	1,042
Unlevered Free Cash Flow	185.31	317.47	-606.83	-51.98	1,058
Change in Working Capital	-363.78	78.14	-205.93	-110.8	-

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