TPS Eastern Africa 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	607.99	1,282	403.26	337.59	-624.88	-1,150
Depreciation & Amortization	701.96	669.72	598.87	614.26	631.14	539.98
Loss (Gain) From Sale of Assets	1.81	1.81	0.71	0.93	62.09	19.17
Asset Writedown & Restructuring Costs	-	-	79.52	89.52	-	-
Loss (Gain) on Equity Investments	-19.67	-19.67	-22.96	-33.51	41.23	95
Other Operating Activities	467.65	-123.43	1,096	640.44	117.75	-274.62
Change in Accounts Receivable	-48.65	-48.65	-242.65	-69.02	-289.11	632.09
Change in Inventory	14.62	14.62	-97.89	-65.05	23.66	45.48
Change in Accounts Payable	-21.25	-21.25	419.96	-171.45	173.45	-363.5
Change in Other Net Operating Assets	-	-	-	-	-5.84	-0.83
Operating Cash Flow	1,704	1,755	2,235	1,344	129.48	-457.71
Operating Cash Flow Growth	-19.80%	-21.48%	66.33%	937.74%	-	-
Capital Expenditures	-968.86	-771.07	-580.34	-280.23	-63.09	-146.25
Sale of Property, Plant & Equipment	3.37	5.34	2.97	2.67	35.47	0.31
Investment in Securities	-208.97	-441.39	-450.78	-	-	-
Investing Cash Flow	-1,174	-1,207	-1,028	-277.56	-27.63	-145.94
Long-Term Debt Issued	-	113.06	481.77	235.58	277.17	752.69
Total Debt Issued	-8.53	113.06	481.77	235.58	277.17	752.69
Long-Term Debt Repaid	-	-729	-1,489	-824.24	-147.26	-122.67
Total Debt Repaid	-593.47	-729	-1,489	-824.24	-147.26	-122.67
Net Debt Issued (Repaid)	-602.01	-615.93	-1,008	-588.66	129.91	630.03
Common Dividends Paid	-	-36.1	-	-1.88	-0.7	-
Financing Cash Flow	-602.01	-652.04	-1,008	-590.54	129.21	630.03
Foreign Exchange Rate Adjustments	399.48	7.5	18.05	6.45	-4.23	-7.24
Net Cash Flow	327.47	-96.66	217.23	482.06	226.83	19.14
Free Cash Flow	735.6	983.94	1,655	1,063	66.39	-603.96
Free Cash Flow Growth	-52.39%	-40.54%	55.59%	1501.83%	-	-
Free Cash Flow Margin	7.29%	9.42%	17.08%	14.98%	1.96%	-29.31%
Free Cash Flow Per Share	2.67	3.48	5.85	4.58	0.36	-3.31
Cash Interest Paid	458.65	491.98	550.98	237.03	43.13	55.48
Cash Income Tax Paid	233.5	207.41	122.99	116.98	38.78	26.74
Levered Free Cash Flow	779.37	613.95	865.93	651.93	277.07	-512.72
Unlevered Free Cash Flow	1,060	922.66	1,210	831.64	462.57	-334.81
Change in Working Capital	-55.28	-55.28	79.42	-305.51	-97.84	313.24

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.