Guinness Ghana Breweries Cash Flow Statement

Financials in millions GHS. Fiscal year is July - June.

Millions GHS. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	362.32	334.62	34.75	39.53	5.29	71.53
Depreciation & Amortization	145.01	145.49	132.98	105.74	76.86	62.54
Loss (Gain) From Sale of Assets	20.19	17.29	6.05	-	1.33	4.77
Asset Writedown & Restructuring Costs	-0.04	-	-	0.01	0.05	0.2
Provision & Write-off of Bad Debts	1.86	1.86	0.03	0.06	-0.71	-0.15
Other Operating Activities	-187.21	94.69	110.5	298.08	38.35	4.53
Change in Accounts Receivable	-35.67	-101.56	20.92	-23.43	0.88	-25.89
Change in Inventory	-298.58	-51.71	-77.64	-13.12	-97.26	-70.01
Change in Accounts Payable	178.68	198.15	93.37	61.49	135.29	101.98
Change in Other Net Operating Assets	-291.08	-463.66	246.65	-8.26	-9.31	4.8
Operating Cash Flow	-104.53	175.17	567.62	460.08	150.76	154.3
Operating Cash Flow Growth	-	-69.14%	23.37%	205.18%	-2.30%	22.95%
Capital Expenditures	-179.45	-205.74	-217.1	-243.18	-134.51	-116.91
Sale (Purchase) of Intangibles	-0.74	-0.74	-	-	-3.07	-
Investing Cash Flow	-180.18	-206.48	-217.1	-243.18	-137.58	-116.91
Long-Term Debt Issued	-	-	-	82.79	-	-
Long-Term Debt Repaid	-	-133.79	-167.21	-36.99	-4.52	-6.42
Total Debt Repaid	-134.28	-133.79	-167.21	-36.99	-4.52	-6.42
Net Debt Issued (Repaid)	-134.28	-133.79	-167.21	45.8	-4.52	-6.42
Common Dividends Paid	-6.71	-6.71	-4.9	-	-25.22	-4.21
Other Financing Activities	-70.05	-76.84	-27.24	-37.63	-23.21	-
Financing Cash Flow	-211.04	-217.34	-199.35	8.17	-52.95	-10.63
Foreign Exchange Rate Adjustments	5.03	-0.38	-0.17	-5.34	-	-1.07
Net Cash Flow	-490.72	-249.03	150.99	219.74	-39.78	25.69
Free Cash Flow	-283.98	-30.57	350.52	216.91	16.25	37.39
Free Cash Flow Growth	-	-	61.60%	1234.97%	-56.55%	-
Free Cash Flow Margin	-8.18%	-0.85%	14.78%	12.28%	1.25%	3.39%
Free Cash Flow Per Share	-0.92	-0.10	1.14	0.70	0.05	0.12
Cash Interest Paid	70.05	76.84	27.24	37.63	23.21	22.17
Cash Income Tax Paid	101.19	100.72	31.54	0.2	14.27	24.52
Levered Free Cash Flow	-465.2	-200.55	346.13	81.18	-3.8	36.32
Unlevered Free Cash Flow	-435.26	-167.78	375.86	122.06	10.43	49.87
Change in Working Capital	-446.66	-418.78	283.31	16.67	29.6	10.89

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