Illovo Sugar (Malawi) Cash Flow Statement

Financials in millions MWK. Fiscal year is September - August.

Millions MWK. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021	2016 - 2020
Net Income	77,215	22,632	56,758	26,630	20,469	Upgrade
Depreciation & Amortization	22,006	16,940	10,527	9,586	9,120	Upgrade
Loss (Gain) From Sale of Assets	-	-	-173	-79	-349	Upgrade
Other Operating Activities	-7,719	-4,451	2,520	-4,691	-113	Upgrade
Change in Accounts Receivable	-	-	5,965	-9,511	-2,790	Upgrade
Change in Inventory	-	-	-11,120	5,114	2,671	Upgrade
Change in Accounts Payable	-	-	16,107	5,447	771	Upgrade
Change in Unearned Revenue	-	-	1,613	-362	1,857	Upgrade
Change in Other Net Operating Assets	77,277	10,404	31,055	13,318	1,079	Upgrade
Operating Cash Flow	168,779	45,525	113,252	45,452	32,715	Upgrade
Operating Cash Flow Growth	270.74%	-59.80%	149.17%	38.93%	38.84%	Upgrade
Capital Expenditures	-67,623	-51,892	-25,735	-16,618	-8,873	Upgrade
Sale of Property, Plant & Equipment	-	-	305	79	349	Upgrade
Other Investing Activities	706	290	75	60	71	Upgrade
Investing Cash Flow	-66,917	-51,602	-25,355	-16,479	-8,453	Upgrade
Short-Term Debt Repaid	-	-	-	-	-15,019	Upgrade
Long-Term Debt Repaid	-	-	-4,271	-2,992	-3,297	Upgrade
Total Debt Repaid	-	-	-4,271	-2,992	-18,316	Upgrade
Net Debt Issued (Repaid)	-	-	-4,271	-2,992	-18,316	Upgrade
Common Dividends Paid	-	-	-21,569	-11,243	-4,281	Upgrade
Other Financing Activities	-16,884	-21,415	-	-	-	Upgrade
Financing Cash Flow	-16,884	-21,415	-25,840	-14,235	-22,597	Upgrade
Net Cash Flow	84,978	-27,492	62,057	14,738	1,665	Upgrade
Free Cash Flow	101,156	-6,367	87,517	28,834	23,842	Upgrade
Free Cash Flow Growth	-	-	203.52%	20.94%	37.24%	Upgrade
Free Cash Flow Margin	21.22%	-2.03%	32.12%	15.45%	14.60%	Upgrade
Free Cash Flow Per Share	141.78	-8.92	122.67	40.41	33.42	Upgrade
Cash Interest Paid	-	-	2,817	1,245	2,677	Upgrade
Cash Income Tax Paid	10,923	-	8,670	8,325	2,967	Upgrade
Levered Free Cash Flow	2,514	-45,418	71,279	23,063	19,250	Upgrade
Unlevered Free Cash Flow	3,195	-43,184	73,137	24,130	21,435	Upgrade
Change in Working Capital	77,277	10,404	43,620	14,006	3,588	Upgrade

Updated Nov 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.