Zen Petroleum Holdings Cash Flow Statement

Financials in millions GHS. Fiscal year is April - March.

Millions GHS. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Net Income	388.17	208.82	212.04
Depreciation & Amortization	49.88	43.14	37.08
Loss (Gain) From Sale of Assets	-2.75	-0.61	-7.05
Asset Writedown & Restructuring Costs	0.02	4.25	0.48
Loss (Gain) on Equity Investments	-0.91	-0.15	0.54
Provision & Write-off of Bad Debts	-	-	2.29
Other Operating Activities	66.76	53.01	39.97
Change in Accounts Receivable	-49.87	5.18	-0.5
Change in Inventory	-83.92	33.17	-36.61
Change in Accounts Payable	-329.01	42.58	-98.98
Change in Other Net Operating Assets	-0.29	-0.1	-9.28
Operating Cash Flow	38.07	389.28	139.99
Operating Cash Flow Growth	-90.22%	178.08%	-
Capital Expenditures	-106.1	-63.72	-64.78
Sale of Property, Plant & Equipment	2.81	0.84	9.15
Cash Acquisitions	-	-	-12.48
Sale (Purchase) of Intangibles	-1.04	-	-0.08
Other Investing Activities	2.21	1.11	1.79
Investing Cash Flow	-102.11	-61.76	-66.39
Long-Term Debt Issued	-	-	60
Short-Term Debt Repaid	-	-1.15	-4.67
Long-Term Debt Repaid	-36.83	-29.4	-10.55
Total Debt Repaid	-36.83	-30.55	-15.22
Net Debt Issued (Repaid)	-36.83	-30.55	44.78
Common Dividends Paid	-135.9	-175.6	-51.31
Financing Cash Flow	-172.73	-206.15	-6.52
Foreign Exchange Rate Adjustments	47.19	45.51	35.58
Net Cash Flow	-189.58	166.88	102.66
Free Cash Flow	-68.03	325.56	75.21
Free Cash Flow Growth	-	332.90%	-
Free Cash Flow Margin	-1.07%	6.64%	1.47%
Free Cash Flow Per Share	-0.85	-	-
Cash Interest Paid	2.87	11.35	9.07
Cash Income Tax Paid	164.31	99.25	83.56
Levered Free Cash Flow	-113.86	293.91	-
Unlevered Free Cash Flow	-111.16	301.44	-
Change in Working Capital	-463.09	80.83	-145.37

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