Argan SA (LON:0GN6)

Argan Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	290.7	245.7	-263.45	95.09	668.11	278.86
Depreciation & Amortization	0.26	0.26	0.27	0.26	0.28	2.34
Other Amortization	3.55	3.32	3.7	4.15	2.82	2.27
Gain (Loss) on Sale of Assets	1.57	1.55	0.21	0.22	-18.52	-9.29
Asset Writedown	-162.9	-118.08	373.11	32.94	-542.51	-174.58
Income (Loss) on Equity Investments	0.03	-0.05	-0.01	0.03	0.02	0.29
Change in Other Net Operating Assets	-1.76	-13.25	13.27	-18.59	24.82	-4.15
Other Operating Activities	61.47	54.24	59.19	21.82	37.16	36
Operating Cash Flow	192.91	173.68	186.29	135.92	172.19	131.75
Operating Cash Flow Growth	18.22%	-6.77%	37.06%	-21.07%	30.69%	862.44%
Acquisition of Real Estate Assets	-71.7	-111.4	-172.45	-252.85	-123.99	-283.84
Sale of Real Estate Assets	58.5	75.98	12.85	13.78	68.53	45.81
Net Sale / Acq. of Real Estate Assets	-13.2	-35.42	-159.6	-239.07	-55.46	-238.04
Cash Acquisition	-	-	-	-	-0	-
Investment in Marketable & Equity Securities	-	-	-	-	-	1.04
Other Investing Activities	-10.31	0.64	-1.59	-7.22	-13.49	10.17
Investing Cash Flow	-23.51	-34.78	-161.19	-246.29	-68.95	-226.83
Long-Term Debt Issued	-	89.47	233.84	307.47	641.25	978.65
Long-Term Debt Repaid	-	-239.81	-269.5	-487.41	-198.35	-792.85
Net Debt Issued (Repaid)	-93.05	-150.34	-35.66	-179.94	442.9	185.8
Issuance of Common Stock	0.98	147.22	0.06	-	0.23	-
Repurchase of Common Stock	-0.27	-0.84	-	-0.95	-	-0.15
Common Dividends Paid	-65.38	-52.52	-61.55	-21.75	-25.25	-38.18
Other Financing Activities	-42.66	-48.68	-45.3	-40.94	-35.39	-31.74
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-	0
Net Cash Flow	-30.98	33.74	-117.36	-353.95	485.72	20.66
Cash Income Tax Paid	-	-0.03	0.04	0.03	0.05	-1.62
Levered Free Cash Flow	50.99	89.89	99.09	50.11	80.72	71.08
Unlevered Free Cash Flow	75.58	117.24	124.72	67.36	99.07	89.6
Change in Working Capital	-1.76	-13.25	13.27	-18.59	24.82	-4.15

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.