Stokvis Nord Afrique Cash Flow Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2022	FY 2021	FY 2020
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-183.58	-29.28	-25.73
Depreciation & Amortization	7.86	6.36	10.14
Loss (Gain) From Sale of Assets	-0.42	-3.41	-2.85
Loss (Gain) on Equity Investments	-	5.43	3.49
Other Operating Activities	57.52	3.67	9.09
Change in Other Net Operating Assets	145.9	79.72	-4.64
Operating Cash Flow	27.28	62.48	-10.5
Operating Cash Flow Growth	-56.34%	-	-
Capital Expenditures	-5.84	-8.5	-16.14
Sale of Property, Plant & Equipment	3.01	3.47	2.9
Investment in Securities	-3.22	0.97	0.33
Other Investing Activities	-	-0	-
Investing Cash Flow	-6.05	-4.06	-12.91
Long-Term Debt Repaid	-12.56	-16.61	-26.27
Net Debt Issued (Repaid)	-12.56	-16.61	-26.27
Financing Cash Flow	-12.56	-16.61	-26.27
Miscellaneous Cash Flow Adjustments	0	-	-0
Net Cash Flow	8.66	41.82	-49.68
Free Cash Flow	21.43	53.98	-26.64
Free Cash Flow Growth	-60.30%	-	-
Free Cash Flow Margin	9.66%	15.51%	-10.31%
Free Cash Flow Per Share	2.33	5.87	-
Cash Income Tax Paid	-	-	-3.09
Levered Free Cash Flow	77.88	66.81	-25.53
Unlevered Free Cash Flow	105.54	84.9	-8.58
Change in Working Capital	145.9	79.72	-4.64

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