Zambia Forestry and Forest Industries Corporation Plc (LUSE:ZFCO)

LUSE:ZFCO Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	738.61	1,148	2,578	1,875	228.76
Depreciation & Amortization	-	-	27.99	22.96	22.45
Other Amortization	-	-	0.3	0.23	0.24
Loss (Gain) From Sale of Assets	-	-	-0.05	-	-0.03
Asset Writedown & Restructuring Costs	-	-	-2,969	-2,210	-
Other Operating Activities	-727.8	-1,062	313.66	251.58	78.21
Change in Accounts Receivable	-	-	-7.67	-7.16	14.18
Change in Inventory	-	-	-12.18	11.07	1.08
Change in Accounts Payable	-	-	-19.19	27.37	-13.32
Change in Other Net Operating Assets	-	-	96.83	25.67	-169.91
Operating Cash Flow	10.8	86.2	9.22	-3.16	161.67
Operating Cash Flow Growth	-87.47%	835.21%	-	-	-7.76%
Capital Expenditures	-	-	-43.97	-27.32	-206.38
Sale of Property, Plant & Equipment	-	-	0.61	-	0.22
Sale (Purchase) of Intangibles	-	-	-0.54	-0.08	-0.07
Other Investing Activities	-65.26	-56.82	0.3	3.72	10.64
Investing Cash Flow	-65.26	-56.82	-43.6	-23.69	-195.59
Long-Term Debt Repaid	-	-	-0.4	-0.2	-0.09
Net Debt Issued (Repaid)	-	-	-0.4	-0.2	-0.09
Issuance of Common Stock	-	-	-	-	144.19
Common Dividends Paid	-	-	-10.79	-36.23	-33.18
Other Financing Activities	22.62	-6.86	-	-	-1.2
Financing Cash Flow	22.62	-6.86	-11.19	-36.43	109.72
Foreign Exchange Rate Adjustments	0.64	-	-	-	-
Net Cash Flow	-31.2	22.52	-45.58	-63.28	75.8
Free Cash Flow	10.8	86.2	-34.75	-30.48	-44.71
Free Cash Flow Growth	-87.47%	-	-	-	-
Free Cash Flow Margin	3.25%	20.35%	-9.00%	-8.31%	-15.78%
Free Cash Flow Per Share	0.03	0.24	-0.09	-0.08	-0.11
Cash Income Tax Paid	-	-	9.93	31.54	2.09
Levered Free Cash Flow	568.12	802.93	-81.98	-62.01	-164.21
Unlevered Free Cash Flow	572.28	805.3	-81.83	-61.98	-164.21
Change in Net Working Capital	-60.88	-5.17	0.72	-6.09	141.32

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.