Illovo Sugar (Malawi) plc (MAL:ILLOVO)

Illovo Sugar (Malawi) Cash Flow Statement

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

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

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