JMSE:JSE Cash Flow Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	548.07	496.02	416	503.24	497.31	406.94
Depreciation & Amortization	77.64	72.28	63.17	46.1	36.1	34.67
Other Amortization	49.1	52.46	52.13	41.94	34.1	32.5
Loss (Gain) From Sale of Assets	-	-	-	0.39	-	-
Asset Writedown & Restructuring Costs	-	-	3.95	3.9	-	-
Loss (Gain) From Sale of Investments	62.98	1.67	0.01	9.83	-0.91	2.05
Provision & Write-off of Bad Debts	90.11	90.11	20.86	-3.94	-0.58	35.85
Other Operating Activities	-69.04	-17.78	-34.54	-58.96	-37.71	-66.18
Change in Accounts Receivable	-64.68	-163.21	-129	5.42	-37.87	-27.64
Change in Accounts Payable	0.97	69.58	3.69	10.21	-4.08	21.07
Change in Unearned Revenue	32.55	-6.84	3.57	-2.92	2.83	5.76
Change in Other Net Operating Assets	-88.32	-88.32	-69.05	-59.28	-45.39	-39.35
Operating Cash Flow	639.38	505.98	330.8	495.92	443.81	405.66
Operating Cash Flow Growth	83.55%	52.96%	-33.30%	11.74%	9.41%	-10.24%
Capital Expenditures	-61.81	-45.67	-89.45	-119.49	-88.15	-49.71
Sale (Purchase) of Intangibles	-101.48	-91.08	-137.08	-105.51	-70.45	-25.89
Investment in Securities	-130.31	-210.34	-34.72	-27.74	-17.17	34.3
Other Investing Activities	33.26	55.92	53.65	26.96	18.83	18.99
Investing Cash Flow	-260.35	-291.18	-207.6	-225.77	-156.94	-22.31
Common Dividends Paid	-351.25	-239.13	-89.76	-305.04	-191.4	-364.65
Financing Cash Flow	-351.25	-239.13	-89.76	-305.04	-191.4	-364.65
Foreign Exchange Rate Adjustments	1.19	1.19	10.07	-9.41	5.12	14.7
Net Cash Flow	28.97	-23.14	43.51	-44.3	100.59	33.4
Free Cash Flow	577.57	460.3	241.35	376.43	355.67	355.95
Free Cash Flow Growth	95.32%	90.72%	-35.88%	5.84%	-0.08%	-10.59%
Free Cash Flow Margin	20.28%	18.14%	11.55%	18.09%	19.02%	21.55%
Free Cash Flow Per Share	0.82	0.66	0.34	0.54	0.51	0.51
Cash Income Tax Paid	289.22	258.54	221.37	306.96	248.51	242.13
Levered Free Cash Flow	347.38	227.24	71.36	339.89	317.56	378.9
Unlevered Free Cash Flow	347.38	227.24	71.36	339.89	317.56	378.9
Change in Working Capital	-119.49	-188.78	-190.78	-46.57	-84.5	-40.17

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