CBSE:S2M 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	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	29.41	21.55	20.32	2.68	-23.79
Depreciation & Amortization	6.15	1.53	20.08	8.63	13.3
Other Amortization	0.08	-	-	-	-
Loss (Gain) From Sale of Assets	-0.27	-0.24	-0.42	-0.26	-0.17
Loss (Gain) From Sale of Investments	-5.26	-	-	-	-
Other Operating Activities	-2.02	-2.72	-3.59	-0.86	-2.83
Change in Other Net Operating Assets	-1.53	10.47	-12.91	17.74	3.18
Operating Cash Flow	26.56	30.6	23.48	27.94	-10.31
Operating Cash Flow Growth	-13.17%	30.28%	-15.95%	-	-
Capital Expenditures	-11.75	-0.51	-3.93	-1.13	-3.33
Sale of Property, Plant & Equipment	7.93	0.49	1.06	0.26	0.2
Cash Acquisitions	0.61	-	-	-	-
Sale (Purchase) of Intangibles	-0.08	-0.85	-2.41	-0.93	-0.97
Investment in Securities	-0.02	3.13	-0	0	0.06
Other Investing Activities	-	0	0	-	-
Investing Cash Flow	-3.31	2.26	-5.27	-1.8	-4.04
Long-Term Debt Issued	-	-	-	-	21.62
Long-Term Debt Repaid	-5.72	-8.48	-12.5	-1.88	-
Net Debt Issued (Repaid)	-5.72	-8.48	-12.5	-1.88	21.62
Other Financing Activities	-0	0.24	0.42	0.15	-0.68
Financing Cash Flow	-5.73	-8.24	-12.08	-1.73	20.94
Miscellaneous Cash Flow Adjustments	-	-0	-	0	-
Net Cash Flow	17.53	24.61	6.13	24.4	6.59
Free Cash Flow	14.82	30.09	19.56	26.81	-13.64
Free Cash Flow Growth	-50.75%	53.85%	-27.05%	-	-
Free Cash Flow Margin	4.74%	10.75%	6.99%	10.19%	-5.96%
Free Cash Flow Per Share	18.25	37.05	24.08	33.01	-
Levered Free Cash Flow	23.08	32.9	12.55	57.29	8.71
Unlevered Free Cash Flow	24.26	34.48	14.89	60.92	11.81
Change in Working Capital	-1.53	10.47	-12.91	17.74	3.18

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.