TAQA Morocco S.A. (CBSE:TQM)

TAQA Morocco Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,053	1,037	1,303	1,005	880.16
Depreciation & Amortization	825.15	842.45	798.03	807.9	781.94
Change in Other Net Operating Assets	-809.81	518.55	-358.85	-92.32	323.51
Other Operating Activities	335.94	228.08	519.38	234.25	276.59
Operating Cash Flow	1,404	2,626	2,261	1,955	2,262
Operating Cash Flow Growth	-46.54%	16.15%	15.69%	-13.59%	9.26%
Capital Expenditures	-292.37	-328.39	-242.13	-213.41	-1,888
Sale of Property, Plant & Equipment	-	0.02	0.03	0.59	0.48
Other Investing Activities	-	0	-	-	-
Investing Cash Flow	-292.37	-328.37	-242.11	-212.83	-1,888
Long-Term Debt Issued	-	6,600	-	-	4,283
Long-Term Debt Repaid	-678.2	-4,416	-1,018	-1,032	-3,876
Net Debt Issued (Repaid)	-678.2	2,184	-1,018	-1,032	407.09
Common Dividends Paid	-1,098	-1,773	-1,030	-1,011	-1,019
Other Financing Activities	-	-	-	-	0
Financing Cash Flow	-1,776	411.88	-2,048	-2,042	-612.1
Miscellaneous Cash Flow Adjustments	-	-	-	0	-
Net Cash Flow	-664.07	2,710	-28.4	-300.62	-237.54
Free Cash Flow	1,112	2,298	2,019	1,741	374.09
Free Cash Flow Growth	-51.62%	13.81%	15.96%	365.47%	-80.90%
Free Cash Flow Margin	10.22%	17.42%	14.84%	22.29%	4.80%
Free Cash Flow Per Share	47.13	97.43	85.60	73.82	15.86
Levered Free Cash Flow	1,005	1,550	2,731	1,676	312.12
Unlevered Free Cash Flow	1,340	1,771	3,025	1,987	672.24
Change in Working Capital	-809.81	518.55	-358.85	-92.32	323.51

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.