TOL Gases Cash Flow Statement

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

Millions TZS. 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	2,065	2,710	3,480	3,295	2,344
Depreciation & Amortization	4,165	2,695	2,452	2,074	1,882
Other Amortization	75.46	75.07	74.89	74.4	1.15
Loss (Gain) From Sale of Assets	-137.21	-38.31	-55.94	-	29.83
Asset Writedown & Restructuring Costs	602.23	-	-	-	-
Provision & Write-off of Bad Debts	29.13	-	9.54	-	-31
Other Operating Activities	194.64	687.25	1,289	472.01	880.57
Change in Accounts Receivable	-3,113	783.82	-1,869	798.38	-1,263
Change in Inventory	2,984	-1,630	304.77	-911.08	747.89
Change in Accounts Payable	-1,158	3,266	1,606	245.69	801.64
Change in Other Net Operating Assets	-1.16	5.1	19.67	38.41	-199.23
Operating Cash Flow	5,706	8,554	7,311	6,087	5,194
Operating Cash Flow Growth	-33.30%	17.01%	20.10%	17.18%	6.58%
Capital Expenditures	-8,378	-5,428	-11,156	-3,594	-7,049
Sale of Property, Plant & Equipment	173.54	38.31	55.94	-	-
Sale (Purchase) of Intangibles	-6.89	-	-3.67	-	-218.45
Investing Cash Flow	-8,211	-5,390	-11,104	-3,594	-7,267
Long-Term Debt Issued	3,912	3,000	-	14,475	4,626
Long-Term Debt Repaid	-59.57	-4,334	-468.94	-8,244	-1,176
Net Debt Issued (Repaid)	3,852	-1,334	-468.94	6,231	3,450
Common Dividends Paid	-	-2,875	-2,300	-2,000	-985.17
Financing Cash Flow	3,852	-4,210	-2,769	4,231	2,465
Foreign Exchange Rate Adjustments	284.81	71.31	-2.08	-	-
Net Cash Flow	1,632	-974.67	-6,565	6,723	391.94
Free Cash Flow	-2,672	3,125	-3,846	2,492	-1,855
Free Cash Flow Margin	-8.85%	12.64%	-15.05%	10.03%	-9.36%
Free Cash Flow Per Share	-46.47	54.35	-66.88	43.34	-32.25
Cash Interest Paid	2,213	1,464	1,102	937.57	884.61
Cash Income Tax Paid	1,333	130	1,430	711.47	613.24
Levered Free Cash Flow	-738.53	1,909	-3,974	1,328	-2,602
Unlevered Free Cash Flow	679.84	2,824	-3,285	1,914	-2,049
Change in Working Capital	-1,289	2,425	61.36	171.4	87.33

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