Spur Tree Spices Jamaica 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	117.49	105.45	80.33	116.81	91.32	69.65
Depreciation & Amortization	92.87	83.31	75.94	43.92	32.36	31.01
Other Amortization	0.15	0.15	0.15	0.23	-	-
Provision & Write-off of Bad Debts	4.52	4.52	-1.86	12.06	1.16	-
Other Operating Activities	2	-25.14	-10.15	-21.45	32.62	24.13
Change in Accounts Receivable	5.37	-11.49	-64.23	131.51	-8.28	-42.41
Change in Inventory	-165.57	-32.69	-34.37	-27.84	-18.21	-8.21
Change in Accounts Payable	-43.81	3.42	-10.17	9.04	-0.02	10.15
Change in Other Net Operating Assets	27.36	-0.47	5.72	-6.66	5.29	-14.97
Operating Cash Flow	40.75	127.06	41.38	257.63	136.23	69.36
Operating Cash Flow Growth	-64.84%	207.07%	-83.94%	89.11%	96.42%	-
Capital Expenditures	-45.11	-64.93	-104.17	-86.04	-31.81	-15.71
Cash Acquisitions	-	-	-	-342.59	-34.76	-
Sale (Purchase) of Intangibles	0.6	0.6	-	-0.44	-	-
Investment in Securities	-	-	-	-	-3.75	-
Other Investing Activities	-0.57	-	-	1.56	0.48	-
Investing Cash Flow	-45.08	-64.33	-104.17	-427.52	-69.85	-15.71
Long-Term Debt Issued	-	305	250	294.8	50	-
Total Debt Issued	305	305	250	294.8	50	-
Short-Term Debt Repaid	-	-	-	-	-	-5
Long-Term Debt Repaid	-	-282.94	-280.6	-245.22	-134.44	-14.17
Total Debt Repaid	-327.85	-282.94	-280.6	-245.22	-134.44	-19.17
Net Debt Issued (Repaid)	-22.85	22.06	-30.6	49.58	-84.44	-19.17
Issuance of Common Stock	-	-	-	209.82	100	-
Common Dividends Paid	-	-21.87	-4.63	-24.72	-	-
Other Financing Activities	-4.69	-	-	-12.4	-16.12	-6.01
Financing Cash Flow	-27.53	0.19	-35.23	222.29	-0.57	-25.18
Foreign Exchange Rate Adjustments	10.03	2.82	1.61	1.39	0.13	-2.45
Net Cash Flow	-21.23	65.74	-96.4	53.78	65.95	26.02
Free Cash Flow	-4.35	62.13	-62.79	171.58	104.42	53.65
Free Cash Flow Growth	-	-	-	64.33%	94.65%	-
Free Cash Flow Margin	-0.25%	3.97%	-4.30%	16.68%	12.15%	7.66%
Free Cash Flow Per Share	-0.00	0.04	-0.04	0.10	0.08	0.04
Cash Interest Paid	53.91	45.95	45.79	12.4	16.12	6.01
Cash Income Tax Paid	0.59	0.41	-	27.54	14.96	6.82
Levered Free Cash Flow	2.98	5.08	-66.59	-90.45	94.58	18.84
Unlevered Free Cash Flow	38.83	34.32	-39.48	-82.7	104.65	28.86
Change in Working Capital	-176.66	-41.22	-103.04	106.06	-21.23	-55.43

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.