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	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	109.82	105.45	80.33	116.81	91.32
Depreciation & Amortization	105.54	83.31	75.94	43.92	32.36
Other Amortization	-	0.15	0.15	0.23	-
Loss (Gain) From Sale of Assets	0.38	-	-	-	-
Provision & Write-off of Bad Debts	-	4.52	-1.86	12.06	1.16
Other Operating Activities	2.68	-25.14	-10.15	-21.45	32.62
Change in Accounts Receivable	9.36	-11.49	-64.23	131.51	-8.28
Change in Inventory	-153.28	-32.69	-34.37	-27.84	-18.21
Change in Accounts Payable	0.76	3.42	-10.17	9.04	-0.02
Change in Other Net Operating Assets	6.2	-0.47	5.72	-6.66	5.29
Operating Cash Flow	81.47	127.06	41.38	257.63	136.23
Operating Cash Flow Growth	-35.88%	207.07%	-83.94%	89.11%	96.42%
Capital Expenditures	-23.43	-64.93	-104.17	-86.04	-31.81
Sale of Property, Plant & Equipment	-	0.6	-	-	-
Cash Acquisitions	-	-	-	-342.59	-34.76
Sale (Purchase) of Intangibles	-	-	-	-0.44	-
Investment in Securities	-	-	-	-	-3.75
Other Investing Activities	-	-	-	1.56	0.48
Investing Cash Flow	-23.43	-64.33	-104.17	-427.52	-69.85
Long-Term Debt Issued	-	305	250	294.8	50
Total Debt Issued	-	305	250	294.8	50
Long-Term Debt Repaid	-82.47	-282.94	-280.6	-245.22	-134.44
Total Debt Repaid	-82.47	-282.94	-280.6	-245.22	-134.44
Net Debt Issued (Repaid)	-82.47	22.06	-30.6	49.58	-84.44
Issuance of Common Stock	-	-	-	209.82	100
Common Dividends Paid	-	-21.87	-4.63	-24.72	-
Other Financing Activities	-	-	-	-12.4	-16.12
Financing Cash Flow	-82.47	0.19	-35.23	222.29	-0.57
Foreign Exchange Rate Adjustments	16.17	2.82	1.61	1.39	0.13
Net Cash Flow	-8.26	65.74	-96.4	53.78	65.95
Free Cash Flow	58.05	62.13	-62.79	171.58	104.42
Free Cash Flow Growth	-6.57%	-	-	64.33%	94.65%
Free Cash Flow Margin	3.33%	3.97%	-4.30%	16.68%	12.15%
Free Cash Flow Per Share	0.04	0.04	-0.04	0.10	0.08
Cash Interest Paid	52.38	45.95	45.79	12.4	16.12
Cash Income Tax Paid	-0.41	0.41	-	27.54	14.96
Levered Free Cash Flow	27.36	4.48	-66.59	-90.45	94.58
Unlevered Free Cash Flow	60.1	33.72	-39.48	-82.7	104.65
Change in Working Capital	-136.95	-41.22	-103.04	106.06	-21.23

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.