Fidson Healthcare 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	9,308	5,779	3,608	4,187	3,720
Depreciation & Amortization	2,239	1,668	1,267	985.88	801.24
Loss (Gain) From Sale of Assets	-31.31	-0.91	-8.29	-34.23	-83.26
Provision & Write-off of Bad Debts	176.53	301.44	227.78	-45.85	245.05
Other Operating Activities	8,432	5,916	1,903	1,211	1,576
Change in Accounts Receivable	-4,817	-621.83	-1,866	-1,224	-248.6
Change in Inventory	-2,160	-7,825	-1,750	-3,452	-4,291
Change in Accounts Payable	-2,167	1,295	2,060	2,569	2,270
Change in Unearned Revenue	-	-	-	-	-165.06
Change in Other Net Operating Assets	2,457	-7,017	-3,893	-456.17	1,056
Operating Cash Flow	13,438	-505.29	1,548	3,740	4,880
Operating Cash Flow Growth	-	-	-58.62%	-23.36%	69.34%
Capital Expenditures	-7,830	-3,693	-4,446	-6,614	-2,646
Sale of Property, Plant & Equipment	25.97	2.97	17.38	1,182	570.17
Sale (Purchase) of Intangibles	-463.13	-175.49	-83.92	-57.35	-38.55
Other Investing Activities	144.31	44.95	19.7	63.38	36.82
Investing Cash Flow	-8,123	-3,821	-4,492	-5,425	-2,078
Short-Term Debt Issued	19,645	15,647	10,000	850	-
Long-Term Debt Issued	12,668	8,300	11,105	5,707	3,500
Total Debt Issued	32,313	23,947	21,105	6,557	3,500
Short-Term Debt Repaid	-13,893	-10,000	-3,000	-	-
Long-Term Debt Repaid	-13,995	-9,686	-3,662	-2,020	-5,886
Total Debt Repaid	-27,888	-19,686	-6,662	-2,020	-5,886
Net Debt Issued (Repaid)	4,425	4,261	14,443	4,537	-2,386
Common Dividends Paid	-2,295	-1,377	-1,270	-1,043	-512.59
Other Financing Activities	-6,391	-4,916	-2,049	-1,680	-1,173
Financing Cash Flow	-4,261	-2,031	11,124	1,814	-4,071
Foreign Exchange Rate Adjustments	-	-	-	-	-8.04
Miscellaneous Cash Flow Adjustments	-	-	-	-	2,270
Net Cash Flow	1,054	-6,357	8,180	128.64	992.93
Free Cash Flow	5,608	-4,198	-2,898	-2,873	2,234
Free Cash Flow Growth	-	-	-	-	148.96%
Free Cash Flow Margin	4.71%	-4.99%	-5.46%	-7.07%	7.24%
Free Cash Flow Per Share	2.34	-1.83	-1.26	-1.25	0.97
Cash Interest Paid	6,391	4,949	2,049	1,700	1,222
Cash Income Tax Paid	2,349	839.09	1,396	1,375	116.04
Levered Free Cash Flow	4,568	-6,051	-4,535	-4,246	-1,061
Unlevered Free Cash Flow	9,006	-2,617	-3,221	-3,138	-297.33
Change in Working Capital	-6,686	-14,169	-5,449	-2,563	-1,379

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