Aluminium Extrusion Industries Plc (NGX:ALEX)

NGX:ALEX Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-200.25	-123.05	48.53	66.94	149.38
Depreciation & Amortization	34.46	35.98	35.81	35.3	38.13
Other Amortization	0.5	0.5	0.5	0.5	0.5
Loss (Gain) From Sale of Assets	-17	-13.97	0.27	-	-
Asset Writedown & Restructuring Costs	-	-	-	-1.5	-
Other Operating Activities	55.92	9.3	8.48	0.21	12.01
Change in Accounts Receivable	-7.36	42.74	-27.47	5.67	28.37
Change in Inventory	-104.97	-5.27	-198.08	-133.49	38.19
Change in Accounts Payable	177.19	134.89	65.11	-129.05	95.47
Change in Income Taxes	-	-	-	-	6.83
Change in Other Net Operating Assets	6.72	-31.19	-6.23	2.58	1.38
Operating Cash Flow	-54.79	39.13	-79.88	-153.69	288.62
Operating Cash Flow Growth	-	-	-	-	125.89%
Capital Expenditures	-	-42.8	-44.09	-9.04	-8.13
Sale of Property, Plant & Equipment	17	11.95	16.5	-	-
Investing Cash Flow	17	-30.85	-27.59	-9.04	-8.13
Long-Term Debt Issued	-	-	24.17	-	-
Long-Term Debt Repaid	-12.95	-11.22	-	-	-5.83
Total Debt Repaid	-12.95	-11.22	-	-	-5.83
Net Debt Issued (Repaid)	-12.95	-11.22	24.17	-	-5.83
Common Dividends Paid	-	-	-	-1.46	-
Other Financing Activities	-52.45	-31.65	-7.34	-	-1.31
Financing Cash Flow	-65.39	-42.88	16.83	-1.46	-7.14
Net Cash Flow	-103.19	-34.6	-90.64	-164.19	273.35
Free Cash Flow	-54.79	-3.67	-123.97	-162.73	280.49
Free Cash Flow Growth	-	-	-	-	143.80%
Free Cash Flow Margin	-1.97%	-0.18%	-4.70%	-6.17%	12.05%
Free Cash Flow Per Share	-0.25	-0.02	-0.56	-0.74	1.27
Cash Interest Paid	52.45	33.33	7.41	-	3.89
Cash Income Tax Paid	10.44	34.46	43.29	36.14	28.55
Levered Free Cash Flow	-22.13	14.95	-130.44	-178.91	265.8
Unlevered Free Cash Flow	10.65	35.78	-125.81	-178.91	268.23
Change in Working Capital	71.58	130.37	-173.46	-255.15	88.6

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