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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	-20,966	-10,650	-431.19	-1,479	-843.4	-801.26
Depreciation & Amortization	91.26	112.92	112.85	95.76	207.45	201.2
Other Operating Activities	21,187	10,386	146.44	1,247	0.59	4.07
Change in Accounts Receivable	-661.5	-20.22	3.09	-25.93	40.51	-160.73
Change in Inventory	36.39	-56.61	44.12	127.51	-188.1	129.93
Change in Accounts Payable	-482.16	-292.28	-	-9.08	0.23	-17.27
Change in Other Net Operating Assets	-76.59	1,659	69.79	-	-	-
Operating Cash Flow	-872.59	1,139	-54.9	-43.47	-782.73	-644.05
Capital Expenditures	-620.55	-457.03	-3.87	-6.7	-1.7	-3.08
Other Investing Activities	-315.9	-209.74	-146.12	-	-	-
Investing Cash Flow	-936.45	-666.77	-150	-6.7	-1.7	-3.08
Long-Term Debt Issued	-	-	-	15.16	871.73	647.04
Long-Term Debt Repaid	-	-231.77	-653.58	-	-	-
Net Debt Issued (Repaid)	8,505	-231.77	-653.58	15.16	871.73	647.04
Issuance of Common Stock	-	-	850	-	-	-
Other Financing Activities	-6,351	629.36	-	-	-45.84	-
Financing Cash Flow	2,154	397.6	196.42	15.16	825.89	647.04
Miscellaneous Cash Flow Adjustments	0	-	0	-	-	-
Net Cash Flow	344.86	869.88	-8.48	-35.01	41.46	-0.1
Free Cash Flow	-1,493	682.03	-58.77	-50.17	-784.43	-647.13
Free Cash Flow Margin	-234.21%	-	-94.50%	-17.25%	-333.50%	-96.27%
Free Cash Flow Per Share	-0.38	0.17	-0.02	-0.01	-0.35	-0.29
Levered Free Cash Flow	-1,778	-1,092	-51.32	-129.75	-309.54	-460.33
Unlevered Free Cash Flow	-1,581	-961.04	40.01	60.88	-145.69	-303.99
Change in Net Working Capital	1,059	320.11	-117.31	-127.15	72.87	182.14

Source: S&P Capital IQ. Standard template. Financial Sources.