Dangote Cement Plc (NGX:DANGCEM)
Nigeria · Delayed Price · Currency is NGN 726.30
-13.60 (-1.84%)
At close: Feb 12, 2026
Dangote Cement Cash Flow Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 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 | 955,098 | 498,192 | 445,214 | 375,988 | 361,008 | 275,080 |
Depreciation & Amortization | 270,926 | 228,011 | 150,722 | 120,109 | 100,526 | 90,891 |
Other Amortization | 1,478 | 948 | 438 | 281 | 240 | 253 |
Loss (Gain) From Sale of Assets | -13,040 | -13,031 | -2,447 | -21 | -378 | 4 |
Asset Writedown & Restructuring Costs | 604 | 1,015 | 702 | 1,972 | 1,338 | 244 |
Loss (Gain) on Equity Investments | -2,818 | -2,818 | -1,231 | -759 | -817 | -750 |
Other Operating Activities | 484,658 | 328,776 | 54,655 | 37,854 | 187,575 | 96,812 |
Change in Accounts Receivable | -69,326 | -46,762 | -37,304 | 457 | -11,173 | -4,775 |
Change in Inventory | -98,215 | -275,135 | -155,892 | -70,345 | -60,526 | 3,677 |
Change in Accounts Payable | 32,010 | 372,218 | 286,410 | -22,429 | 26,846 | 51,446 |
Change in Other Net Operating Assets | 6,342 | -277,959 | -69,326 | -65,886 | -16,000 | -8,390 |
Operating Cash Flow | 1,579,864 | 821,080 | 678,789 | 387,835 | 596,709 | 511,885 |
Operating Cash Flow Growth | 110.42% | 20.96% | 75.02% | -35.00% | 16.57% | 20.13% |
Capital Expenditures | -699,347 | -423,045 | -140,221 | -74,613 | -158,508 | -210,370 |
Sale of Property, Plant & Equipment | 2,413 | 2,413 | 5,640 | 106 | 1,238 | - |
Sale (Purchase) of Intangibles | -1,684 | -305 | -118 | -307 | -848 | -551 |
Other Investing Activities | 642,253 | -413,842 | 108,780 | -52,008 | 31,249 | -61,562 |
Investing Cash Flow | -56,365 | -834,779 | -25,919 | -126,822 | -126,869 | -272,483 |
Long-Term Debt Issued | - | 1,817,924 | 491,685 | 338,454 | 329,115 | 500,786 |
Long-Term Debt Repaid | - | -1,287,465 | -345,823 | -270,599 | -326,941 | -379,063 |
Net Debt Issued (Repaid) | -538,823 | 530,459 | 145,862 | 67,855 | 2,174 | 121,723 |
Repurchase of Common Stock | - | - | -41,423 | -35,323 | -9,833 | - |
Common Dividends Paid | -502,580 | -502,580 | -337,471 | -337,471 | -272,005 | -272,648 |
Other Financing Activities | -500,977 | -339,422 | -118,984 | -68,840 | -52,558 | -48,333 |
Financing Cash Flow | -1,542,380 | -311,543 | -352,016 | -373,779 | -332,222 | -199,258 |
Foreign Exchange Rate Adjustments | 8,203 | 24,807 | -19,557 | 252 | -15,289 | -11,196 |
Net Cash Flow | -10,678 | -300,435 | 281,297 | -112,514 | 122,329 | 28,948 |
Free Cash Flow | 880,517 | 398,035 | 538,568 | 313,222 | 438,201 | 301,515 |
Free Cash Flow Growth | 65.87% | -26.09% | 71.94% | -28.52% | 45.33% | 21.05% |
Free Cash Flow Margin | 21.09% | 11.12% | 24.39% | 19.36% | 31.67% | 29.15% |
Free Cash Flow Per Share | 52.56 | 23.76 | 32.02 | 18.56 | 25.78 | 17.70 |
Cash Interest Paid | 500,977 | 339,422 | 118,984 | 68,840 | 52,558 | 48,288 |
Cash Income Tax Paid | 161,110 | 174,458 | 166,129 | 150,766 | 33,408 | 20,997 |
Levered Free Cash Flow | 294,784 | 70,226 | 511,981 | 112,843 | 321,824 | 96,286 |
Unlevered Free Cash Flow | 608,639 | 350,277 | 602,312 | 159,869 | 357,028 | 123,768 |
Change in Working Capital | -129,189 | -227,638 | 23,888 | -158,203 | -60,853 | 41,958 |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.