Quality Beverages Cash Flow Statement

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

Millions MUR. 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	146.69	142.13	45.88	52.81	4.63
Depreciation & Amortization	-	128.45	106.12	105.41	91.12
Other Amortization	-	1.06	1.44	2.28	1.86
Loss (Gain) From Sale of Assets	-	-0.7	-0.92	0.28	-0.3
Asset Writedown & Restructuring Costs	-	-1	-	-0.29	-
Loss (Gain) From Sale of Investments	-	-1.7	-	-	-
Provision & Write-off of Bad Debts	-	-0.7	3.27	0.08	-0.93
Other Operating Activities	18.64	17.92	11.59	2.99	0.6
Change in Accounts Receivable	-	-12.67	-48.11	-59.56	-16.87
Change in Inventory	-	-197.76	83.61	-156.77	-52.57
Change in Accounts Payable	-	34.34	-69	139.99	44.06
Operating Cash Flow	165.32	109.36	133.88	87.23	71.6
Operating Cash Flow Growth	51.17%	-18.31%	53.48%	21.83%	-54.34%
Capital Expenditures	-	-101.95	-79.68	-68.65	-156.37
Sale of Property, Plant & Equipment	-	1.48	2.18	1.4	1
Cash Acquisitions	-	-7.55	-199.66	-	-
Sale (Purchase) of Intangibles	-	-1.4	-0.85	-1.29	-1.28
Investment in Securities	-	1.7	-	-	-
Other Investing Activities	-431.7	-0.4	-4.62	-	-
Investing Cash Flow	-431.7	-108.12	-282.63	-68.54	-156.65
Long-Term Debt Issued	-	1,403	708.87	691.48	674.93
Total Debt Issued	-	1,403	708.87	691.48	674.93
Long-Term Debt Repaid	-	-1,412	-622.17	-807.59	-531.67
Net Debt Issued (Repaid)	-	-8.59	86.71	-116.1	143.26
Other Financing Activities	195.85	-	-	-	-
Financing Cash Flow	195.85	-8.59	86.71	-116.1	143.26
Foreign Exchange Rate Adjustments	-1.16	-1.65	-0.05	-2.36	0.85
Net Cash Flow	-71.69	-9	-62.09	-99.76	59.06
Free Cash Flow	165.32	7.41	54.2	18.58	-84.77
Free Cash Flow Growth	2131.41%	-86.33%	191.67%	-	-
Free Cash Flow Margin	4.67%	0.23%	2.37%	0.91%	-5.69%
Free Cash Flow Per Share	4.50	0.20	1.47	0.51	-2.31
Cash Interest Paid	-	53.7	39.04	27.02	18.55
Cash Income Tax Paid	-	1.83	1.17	3.78	-2.4
Levered Free Cash Flow	557.48	-49.63	-242.14	7.96	-98.85
Unlevered Free Cash Flow	595.51	-15.88	-217.7	24.85	-87.26
Change in Working Capital	-	-176.09	-33.5	-76.33	-25.38

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