Conoil Plc (NGX:CONOIL)

Conoil Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-1,097	8,774	9,868	4,958	3,083	1,440
Depreciation & Amortization	886.69	751.69	638.54	524.9	746.94	958.34
Other Amortization	-	-	-	24.69	13.33	14.63
Other Operating Activities	4,725	3,975	3,426	1,980	280.59	771.49
Change in Accounts Receivable	-40,810	-6,243	-14,735	-16,720	-3,657	9,959
Change in Inventory	16,989	-12,715	-11,280	3,495	-1,367	2,436
Change in Accounts Payable	9,193	14,247	-4,374	9,815	-3,648	-5,601
Change in Other Net Operating Assets	2	6	-0.5	-1.57	-10.76	-0.1
Operating Cash Flow	-10,111	8,796	-16,456	4,077	-4,560	9,978
Capital Expenditures	-8,699	-3,155	-734.66	-8.91	-35.52	-132.12
Sale (Purchase) of Intangibles	-	-	-	-	-2.97	-
Other Investing Activities	9.88	9.88	25.59	6.62	0.01	21.84
Investing Cash Flow	-8,689	-3,145	-709.07	-2.29	-38.48	-110.29
Common Dividends Paid	-2,429	-2,429	-1,735	-1,735	-1,041	-1,388
Other Financing Activities	-8,373	-3,954	-1,955	-1,471	-757.54	-704.57
Financing Cash Flow	-10,802	-6,383	-3,690	-3,206	-1,798	-2,092
Miscellaneous Cash Flow Adjustments	0	-	-	-0	-	-
Net Cash Flow	-29,602	-731.65	-20,855	867.89	-6,397	7,775
Free Cash Flow	-18,810	5,641	-17,191	4,068	-4,595	9,846
Free Cash Flow Margin	-6.77%	1.75%	-8.54%	3.09%	-3.63%	8.38%
Free Cash Flow Per Share	-27.11	8.13	-24.77	5.86	-6.62	14.19
Cash Interest Paid	8,365	3,946	1,949	1,466	752.69	700.53
Cash Income Tax Paid	2,564	1,793	552.35	302.66	1,021	529.75
Levered Free Cash Flow	-27,854	-424.08	-22,218	1,482	-6,042	9,248
Unlevered Free Cash Flow	-22,625	2,042	-21,001	2,398	-5,571	9,686
Change in Working Capital	-14,626	-4,704	-30,389	-3,411	-8,683	6,793

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