Unilever Ghana Cash Flow Statement

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

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	137.25	95.73	58.05	141.35	15.08	0.35
Depreciation & Amortization	22.93	22.93	19.91	19.08	14.6	13.33
Loss (Gain) From Sale of Assets	0.71	0.71	0.01	-0.32	-0.08	-0.04
Asset Writedown & Restructuring Costs	-	-	-	20.58	0.6	0.05
Other Operating Activities	47.72	69.94	-36.81	53.24	-10.46	-1.54
Change in Accounts Receivable	-	-	-	-8.05	-9.21	1.12
Change in Inventory	-	-	-	26.91	-36.59	5.39
Change in Accounts Payable	-	-	-	28.78	-5.53	-11.1
Change in Other Net Operating Assets	-	-	-	-79.49	-30.37	25.42
Operating Cash Flow	208.61	189.31	41.17	202.09	-61.95	3.03
Operating Cash Flow Growth	628.67%	359.88%	-79.63%	-	-	-95.21%
Capital Expenditures	-18.21	-18.79	-21.2	-22.95	-16.04	-17.59
Sale of Property, Plant & Equipment	-	-	-	0.32	0.08	0.05
Divestitures	-	-	-	-	39.75	-
Investing Cash Flow	-18.21	-18.79	-21.2	-22.63	23.79	-17.54
Long-Term Debt Repaid	-	-4.02	-12.22	-0.24	-3.74	-1.34
Net Debt Issued (Repaid)	-3.37	-4.02	-12.22	-0.24	-3.74	-1.34
Common Dividends Paid	-37.5	-37.5	-28.04	-19.24	-	-11.54
Financing Cash Flow	-40.87	-41.52	-40.26	-19.48	-3.74	-12.88
Foreign Exchange Rate Adjustments	-19.53	-15.57	10.87	5.78	10.45	0.54
Net Cash Flow	130	113.42	-9.42	165.77	-31.45	-26.85
Free Cash Flow	190.4	170.52	19.97	179.14	-77.99	-14.56
Free Cash Flow Growth	1778.79%	753.87%	-88.85%	-	-	-
Free Cash Flow Margin	17.71%	16.41%	2.15%	19.71%	-12.35%	-2.76%
Free Cash Flow Per Share	-	2.73	0.32	2.87	-1.25	-0.23
Cash Interest Paid	3.76	4.16	4.73	10	18.45	2.92
Cash Income Tax Paid	51.01	57.78	50.84	14.96	1.07	2.1
Levered Free Cash Flow	152.6	146.77	36.28	124.63	-30.14	-58.49
Unlevered Free Cash Flow	154.95	149.37	39.24	130.88	-18.6	-56.66
Change in Working Capital	-	-	-	-31.85	-81.69	20.84

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