Puma Energy Zambia Cash Flow Statement

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

Millions ZMW. 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	-155.71	-77.11	254.79	231.51	76.88
Depreciation & Amortization	-	-	-	-	39.66
Loss (Gain) From Sale of Assets	-	-	-	-	-0.59
Provision & Write-off of Bad Debts	-	-	-	-	0.53
Other Operating Activities	799.22	506.33	-575.86	210.15	0.9
Change in Accounts Receivable	-	-	-	-	-16.56
Change in Inventory	-	-	-	-	-179.9
Change in Accounts Payable	-	-	-	-	140.89
Operating Cash Flow	643.51	429.21	-321.07	441.66	61.79
Operating Cash Flow Growth	49.93%	-	-	614.73%	-74.54%
Capital Expenditures	-	-	-	-	-106.15
Sale of Property, Plant & Equipment	-	-	-	-	0.95
Other Investing Activities	-212.99	-377.65	-222.53	-46.7	-
Investing Cash Flow	-212.99	-377.65	-222.53	-46.7	-90.34
Short-Term Debt Repaid	-	-	-	-	-0.53
Long-Term Debt Repaid	-	-	-	-	-2.83
Total Debt Repaid	-	-	-	-	-3.36
Net Debt Issued (Repaid)	-	-	-	-	-3.36
Common Dividends Paid	-	-	-36.1	-	-37.51
Other Financing Activities	-134.21	-153.83	-35.35	-29.62	-41.61
Financing Cash Flow	-134.21	-153.83	-71.45	-29.62	-82.48
Foreign Exchange Rate Adjustments	-2.02	-4.33	4.2	0.51	0.06
Net Cash Flow	294.3	-106.6	-610.85	365.85	-110.97
Free Cash Flow	643.51	429.21	-321.07	441.66	-44.36
Free Cash Flow Growth	49.93%	-	-	-	-
Free Cash Flow Margin	6.04%	2.89%	-3.05%	5.07%	-0.76%
Free Cash Flow Per Share	1.28	0.86	-0.64	0.88	-0.09
Cash Interest Paid	-	-	-	-	41.61
Cash Income Tax Paid	-	-	-	-	118.83
Levered Free Cash Flow	234.02	320.01	6.54	312.65	-14.01
Unlevered Free Cash Flow	301.63	417.82	28.51	316.46	22.88
Change in Working Capital	-	-	-	-	-55.58

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