MPICO Cash Flow Statement

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

Millions MWK. 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	13,580	8,540	5,469	5,726	4,706
Depreciation & Amortization	-	62.54	108.11	138.17	155.93
Gain (Loss) on Sale of Assets	-	-15	0.83	-0.28	-11.81
Asset Writedown	-	-12,070	-8,932	-6,691	-5,426
Change in Accounts Receivable	-	941.55	1,979	-1,979	4,024
Change in Accounts Payable	-	54.74	-97.79	235.11	455.62
Change in Other Net Operating Assets	-1,950	3,489	-2,277	3,069	-3,069
Other Operating Activities	-10,589	5,221	3,320	2,341	1,143
Operating Cash Flow	1,041	6,183	-263.35	2,255	1,766
Operating Cash Flow Growth	-83.16%	-	-	27.72%	-
Acquisition of Real Estate Assets	-1,970	-108.2	-20.08	-30.63	-76.04
Sale of Real Estate Assets	0.74	15	-	2.22	68.38
Net Sale / Acq. of Real Estate Assets	-1,969	-93.2	-20.08	-28.41	-7.66
Other Investing Activities	270.46	261.54	31.53	-	-35.25
Investing Cash Flow	-1,698	168.34	11.45	-15.08	-42.91
Long-Term Debt Issued	165.8	-	-	-	-
Long-Term Debt Repaid	-232.34	-765.09	-616.94	-437.1	-284.44
Net Debt Issued (Repaid)	-66.54	-765.09	-616.94	-437.1	-284.44
Common Dividends Paid	-988.16	-873.26	-503.08	-758.36	-919.22
Other Financing Activities	-492.5	-409.25	-	-	-
Net Cash Flow	-2,204	4,304	-1,372	1,045	519.41
Cash Interest Paid	734.26	842.15	778.6	720.91	737.44
Cash Income Tax Paid	425.07	935.56	2,233	1,444	1,840
Levered Free Cash Flow	-2,061	4,785	1,797	2,216	1,242
Unlevered Free Cash Flow	-2,061	5,311	2,347	2,666	1,703
Change in Working Capital	-1,950	4,485	-395.4	1,325	1,411