FTN Cocoa Processors Plc (NGX:FTNCOCOA)

FTN Cocoa Processors 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	2,357	-9,530	-10,650	-431.19	-1,479	-843.4
Depreciation & Amortization	848.98	349.25	112.92	112.85	95.76	207.45
Other Operating Activities	-2,422	10,872	10,386	146.44	1,247	0.59
Change in Accounts Receivable	1,346	-2,125	-20.22	3.09	-25.93	40.51
Change in Inventory	-1,064	7.23	-56.61	44.12	127.51	-188.1
Change in Accounts Payable	22.35	-113.36	-292.28	-	-9.08	0.23
Change in Other Net Operating Assets	1,900	-1,736	1,659	69.79	-	-
Operating Cash Flow	2,997	-2,277	1,139	-54.9	-43.47	-782.73
Capital Expenditures	-45.48	-207.03	-457.03	-3.87	-6.7	-1.7
Other Investing Activities	-412.55	-307.22	-209.74	-146.12	-	-
Investing Cash Flow	-458.04	-514.25	-666.77	-150	-6.7	-1.7
Long-Term Debt Issued	-	9,495	-	-	15.16	871.73
Long-Term Debt Repaid	-	-	-231.77	-653.58	-	-
Net Debt Issued (Repaid)	1,081	9,495	-231.77	-653.58	15.16	871.73
Issuance of Common Stock	-	-	-	850	-	-
Other Financing Activities	-1,755	-7,502	629.36	-	-	-45.84
Financing Cash Flow	-674.53	1,992	397.6	196.42	15.16	825.89
Miscellaneous Cash Flow Adjustments	0	-	-	0	-	-
Net Cash Flow	1,864	-798.44	869.88	-8.48	-35.01	41.46
Free Cash Flow	2,951	-2,484	682.03	-58.77	-50.17	-784.43
Free Cash Flow Margin	100.91%	-180.53%	-	-94.50%	-17.25%	-333.50%
Free Cash Flow Per Share	0.76	-0.64	0.17	-0.01	-0.01	-0.35
Cash Interest Paid	307.22	307.22	209.74	-	-	-
Cash Income Tax Paid	20.97	20.97	-	-	-	-
Levered Free Cash Flow	-805.84	-2,560	-1,092	-51.32	-129.75	-309.54
Unlevered Free Cash Flow	-547.99	-2,368	-961.04	40.01	60.88	-145.69
Change in Working Capital	2,212	-3,967	1,290	117	92.5	-147.37

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