Quality Beverages Cash Flow Statement

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

Millions MUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	113.69	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	-14.28	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	99.41	165.32	109.36	133.88	87.23	71.6
Operating Cash Flow Growth	-36.18%	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	-408.53	-431.7	-0.4	-4.62	-	-
Investing Cash Flow	-408.53	-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	305.84	195.85	-	-	-	-
Financing Cash Flow	305.84	195.85	-8.59	86.71	-116.1	143.26
Foreign Exchange Rate Adjustments	-1.64	-1.16	-1.65	-0.05	-2.36	0.85
Net Cash Flow	-4.92	-71.69	-9	-62.09	-99.76	59.06
Free Cash Flow	99.41	165.32	7.41	54.2	18.58	-84.77
Free Cash Flow Growth	84.76%	2131.41%	-86.33%	191.67%	-	-
Free Cash Flow Margin	2.81%	4.67%	0.23%	2.37%	0.91%	-5.69%
Free Cash Flow Per Share	2.67	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	104.14	557.48	-49.63	-242.14	7.96	-98.85
Unlevered Free Cash Flow	144.54	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.