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	Mar '26 Mar 31, 2026	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	306.56	334.62	34.75	39.53	5.29	71.53
Depreciation & Amortization	146.49	145.49	132.98	105.74	76.86	62.54
Loss (Gain) From Sale of Assets	15.13	17.29	6.05	-	1.33	4.77
Asset Writedown & Restructuring Costs	-0.77	-	-	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	57.94	94.69	110.5	298.08	38.35	4.53
Change in Accounts Receivable	-56.41	-101.56	20.92	-23.43	0.88	-25.89
Change in Inventory	-209.45	-51.71	-77.64	-13.12	-97.26	-70.01
Change in Accounts Payable	4.47	198.15	93.37	61.49	135.29	101.98
Change in Other Net Operating Assets	-9.61	-463.66	246.65	-8.26	-9.31	4.8
Operating Cash Flow	256.22	175.17	567.62	460.08	150.76	154.3
Operating Cash Flow Growth	-30.25%	-69.14%	23.37%	205.18%	-2.30%	22.95%
Capital Expenditures	-193.02	-205.74	-217.1	-243.18	-134.51	-116.91
Sale (Purchase) of Intangibles	-0.08	-0.74	-	-	-3.07	-
Investing Cash Flow	-193.11	-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	-121.76	-133.79	-167.21	-36.99	-4.52	-6.42
Net Debt Issued (Repaid)	-121.76	-133.79	-167.21	45.8	-4.52	-6.42
Common Dividends Paid	-5.66	-6.71	-4.9	-	-25.22	-4.21
Other Financing Activities	-18.83	-76.84	-27.24	-37.63	-23.21	-
Financing Cash Flow	-146.26	-217.34	-199.35	8.17	-52.95	-10.63
Foreign Exchange Rate Adjustments	-12.17	-0.38	-0.17	-5.34	-	-1.07
Net Cash Flow	-95.31	-249.03	150.99	219.74	-39.78	25.69
Free Cash Flow	63.2	-30.57	350.52	216.91	16.25	37.39
Free Cash Flow Growth	-60.01%	-	61.60%	1234.97%	-56.55%	-
Free Cash Flow Margin	2.01%	-0.85%	14.78%	12.28%	1.25%	3.39%
Free Cash Flow Per Share	-	-0.10	1.14	0.70	0.05	0.12
Cash Interest Paid	76.84	76.84	27.24	37.63	23.21	22.17
Cash Income Tax Paid	100.72	100.72	31.54	0.2	14.27	24.52
Levered Free Cash Flow	-11.32	-200.55	346.13	81.18	-3.8	36.32
Unlevered Free Cash Flow	17	-167.78	375.86	122.06	10.43	49.87
Change in Working Capital	-271	-418.78	283.31	16.67	29.6	10.89

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