The Standard Group Cash Flow Statement

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

Millions KES. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-1,067	-1,021	-1,166	-821.02	-65.8	-259.33
Depreciation & Amortization	174.68	174.68	196.68	219.43	234.87	287.36
Other Amortization	9.63	9.63	14.23	20.63	29.32	40.64
Loss (Gain) From Sale of Assets	-4.63	-4.63	-7.04	-0.54	-3.25	-53.47
Asset Writedown & Restructuring Costs	15.91	15.91	-	-	17.4	1.12
Other Operating Activities	68.03	-109.72	448.49	-208.34	51.25	-178.86
Change in Accounts Receivable	160.81	160.81	-401.13	-132.8	-278.93	17.34
Change in Inventory	-12.35	-12.35	-5.91	58.49	65.79	-6.74
Change in Accounts Payable	832.84	832.84	922.24	1,281	157.63	270.48
Change in Other Net Operating Assets	95.27	95.27	401.54	95.8	-12.86	-18.19
Operating Cash Flow	273.15	141.03	402.69	512.86	195.42	148.1
Operating Cash Flow Growth	-32.18%	-64.98%	-21.48%	162.44%	31.95%	-70.83%
Capital Expenditures	-9.35	-9.35	-	-38.61	-188.32	-175.82
Sale of Property, Plant & Equipment	4.63	4.63	7.04	0.53	3.42	61.12
Sale (Purchase) of Intangibles	-3.25	-3.25	-	-37.72	-	-15.69
Investing Cash Flow	-7.97	-7.97	7.04	-75.8	-184.89	-130.39
Long-Term Debt Issued	-	257.68	703.38	1,987	4,266	2,629
Long-Term Debt Repaid	-	-384.23	-933.89	-2,448	-4,307	-2,735
Net Debt Issued (Repaid)	-126.55	-126.55	-230.51	-461.37	-40.79	-105.34
Financing Cash Flow	-233.36	-126.55	-230.51	-461.37	-40.79	-105.34
Net Cash Flow	148.95	6.51	179.23	-24.31	-30.26	-87.63
Free Cash Flow	263.79	131.68	402.69	474.25	7.1	-27.72
Free Cash Flow Growth	-34.50%	-67.30%	-15.09%	6578.60%	-	-
Free Cash Flow Margin	16.66%	7.14%	16.91%	17.40%	0.23%	-0.96%
Free Cash Flow Per Share	3.23	1.61	4.93	5.80	0.09	-0.34
Cash Interest Paid	99.72	110.56	88.74	215.68	162.83	164.36
Cash Income Tax Paid	31.37	31.37	-	5.9	-	3.77
Levered Free Cash Flow	169.84	385.62	279.82	700.09	-44.33	-257.95
Unlevered Free Cash Flow	232.16	454.71	335.29	834.89	57.44	-155.22
Change in Working Capital	1,077	1,077	916.74	1,303	-68.37	262.89

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