Nigerian Enamelware Cash Flow Statement

Financials in millions NGN. Fiscal year is May - April.

Millions NGN. Fiscal year is May - Apr.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 30, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022
Net Income	-44.16	15.48	-2,598	1,686	-431.22
Depreciation & Amortization	41.37	40.93	40.93	51.66	51.66
Loss (Gain) From Sale of Assets	-	-	-	-2,651	-
Other Operating Activities	567.15	6.85	-3.85	882.17	-12.63
Change in Accounts Receivable	-	54.45	2,188	-653.64	-56.84
Change in Inventory	-	91.91	-220.34	-20.38	219.38
Change in Accounts Payable	-	95.54	-420.01	-939.89	213.14
Change in Other Net Operating Assets	-	-486.59	-	-	-
Operating Cash Flow	564.36	-181.44	-1,014	-1,645	-16.51
Capital Expenditures	-12.03	-9.72	-	-	-
Sale of Property, Plant & Equipment	-	-	-	3,058	-
Investing Cash Flow	-12.03	-9.72	-	3,058	-
Other Financing Activities	-	-	22.75	-	20.16
Financing Cash Flow	-	-	22.75	-	20.16
Net Cash Flow	552.33	-191.16	-990.77	1,413	3.66
Free Cash Flow	552.33	-191.16	-1,014	-1,645	-16.51
Free Cash Flow Margin	42.43%	-13.36%	-141.09%	-723.79%	-4.65%
Free Cash Flow Per Share	7.25	-2.51	-13.33	-21.64	-0.22
Cash Income Tax Paid	1.86	2.61	36.89	3.13	-
Levered Free Cash Flow	648.94	-254.21	-15.57	-633.21	353.07
Unlevered Free Cash Flow	648.94	-254.21	-15.57	-633.21	353.07
Change in Working Capital	-	-244.69	1,547	-1,614	375.68