JMSE:FESCO Cash Flow Statement

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

Millions JMD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	764.08	461.55	410.82	571.27	253.64
Depreciation & Amortization	285.18	260.34	184.01	28.96	13.16
Loss (Gain) From Sale of Assets	1.98	5.85	2.57	3.06	-
Loss (Gain) From Sale of Investments	12.1	-	-	-	-
Provision & Write-off of Bad Debts	-	10.22	4.97	17.86	2.32
Other Operating Activities	25.75	48.5	115.64	-0.49	-30.55
Change in Accounts Receivable	-116.39	189.44	-312.95	-210.74	-278.3
Change in Inventory	8.98	-46.53	-107.51	-45.86	-30.06
Change in Accounts Payable	-432.15	-251.73	487.89	-240.46	565.8
Change in Income Taxes	10.25	-	-	-	-
Change in Other Net Operating Assets	-11.93	-7.28	-38.22	-65.51	-18.5
Operating Cash Flow	547.83	670.37	747.21	58.1	477.51
Operating Cash Flow Growth	-18.28%	-10.28%	1186.19%	-87.83%	598.64%
Capital Expenditures	-744.91	-774.23	-550.97	-1,639	-893.63
Sale of Property, Plant & Equipment	-	72.74	12.59	-	-
Investment in Securities	-40	-5	-23.01	-	-
Investing Cash Flow	-785.98	-699.67	-627.84	-1,662	-885.97
Short-Term Debt Issued	21.32	-	-	-	157.11
Long-Term Debt Issued	91.81	-	-	898.58	1,069
Total Debt Issued	113.14	-	-	898.58	1,226
Short-Term Debt Repaid	-	-	-	-157.11	-
Long-Term Debt Repaid	-21.25	-23.77	-146.22	-0.73	-1.95
Total Debt Repaid	-21.25	-23.77	-146.22	-157.84	-1.95
Net Debt Issued (Repaid)	91.89	-23.77	-146.22	740.74	1,225
Issuance of Common Stock	-	-	-	-	223.53
Common Dividends Paid	-70	-	-0.06	-40	-
Financing Cash Flow	21.89	-23.77	-146.28	700.74	1,448
Foreign Exchange Rate Adjustments	-2.25	2.38	0.29	-2.61	-2.1
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-
Net Cash Flow	-218.51	-50.69	-26.62	-906.25	1,038
Free Cash Flow	-197.08	-103.86	196.24	-1,581	-416.12
Free Cash Flow Margin	-0.60%	-0.35%	0.68%	-6.02%	-3.28%
Free Cash Flow Per Share	-0.08	-0.04	0.08	-0.63	-0.17
Cash Interest Paid	175.11	184.63	186.17	17.3	7.61
Cash Income Tax Paid	-	1.27	0.95	6.35	36.89
Levered Free Cash Flow	-459.13	-289.46	-14.44	-1,736	-463.54
Unlevered Free Cash Flow	-356.75	-166.83	95.54	-1,725	-458.78
Change in Working Capital	-541.25	-116.1	29.21	-562.57	238.94

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