Chams Holding Company Cash Flow Statement

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

Millions NGN. 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	520.64	474.23	77.67	-325.5	-299.97
Depreciation & Amortization	183.6	153.99	195.42	112.54	126.55
Other Amortization	-195.97	2.78	4.03	0.93	1.33
Loss (Gain) From Sale of Assets	-	-4.45	-0.55	-2.81	-10.24
Asset Writedown & Restructuring Costs	-	-	13.18	1.15	81.58
Loss (Gain) From Sale of Investments	-1.26	-	-226.01	388.71	169.57
Provision & Write-off of Bad Debts	-241.56	444.2	-134.62	-657.75	-1,777
Other Operating Activities	558.62	606.28	256.3	126.41	-166.5
Change in Accounts Receivable	-8,067	-2,347	-575.58	-2,668	2,462
Change in Inventory	44.4	1,892	-1,997	-139.76	-33.46
Change in Accounts Payable	5,501	-1,126	2,897	-470.65	762.84
Change in Unearned Revenue	-474.68	534.23	24.06	-11.11	-57.55
Operating Cash Flow	-662.13	629.75	533.92	-3,646	1,258
Operating Cash Flow Growth	-	17.95%	-	-	-
Capital Expenditures	-108.42	-752.51	-276.57	-92.56	-40.21
Sale of Property, Plant & Equipment	10.71	4.45	1.74	2.81	17.29
Divestitures	-	-	636.63	-	-
Sale (Purchase) of Intangibles	54.39	-27.11	-208.33	-139.95	-854.56
Sale (Purchase) of Real Estate	-	-1,325	-	-	-
Investment in Securities	1.26	6.5	-	-407.77	-92.27
Other Investing Activities	332.45	48.49	113.8	65.06	44.62
Investing Cash Flow	290.38	-2,045	267.27	-572.41	-925.15
Long-Term Debt Issued	-	1,798	693.97	111.95	130.53
Long-Term Debt Repaid	-1,353	-649.13	-1,231	-194.2	-193.27
Total Debt Repaid	-1,353	-649.13	-1,231	-194.2	-193.27
Net Debt Issued (Repaid)	-1,353	1,149	-536.95	-82.26	-62.74
Issuance of Common Stock	7,498	-	-	-	-
Other Financing Activities	-2,003	-363.44	-	3,055	1,036
Financing Cash Flow	4,141	785.69	-536.95	2,973	972.95
Net Cash Flow	3,770	-629.75	264.23	-1,246	1,306
Free Cash Flow	-770.56	-122.76	257.35	-3,739	1,218
Free Cash Flow Margin	-4.37%	-0.83%	2.67%	-73.80%	36.63%
Free Cash Flow Per Share	-0.09	-0.03	0.06	-0.80	0.26
Cash Interest Paid	896.34	363.44	-	188.66	171.7
Cash Income Tax Paid	153.1	197.59	35.19	37.18	44.07
Levered Free Cash Flow	-2,889	-587.99	91.03	-4,531	1,162
Unlevered Free Cash Flow	-2,329	-360.84	239.24	-4,413	1,269
Change in Working Capital	-2,996	-1,047	348.48	-3,290	3,133

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.