Geregu Power 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	27,251	27,425	16,053	10,171	20,550
Depreciation & Amortization	4,968	10,720	2,579	2,556	4,611
Other Amortization	0.03	-	4.69	6.52	6.52
Loss (Gain) on Sale of Assets	-	-	-	-	0.73
Loss (Gain) on Sale of Investments	-	-	-	3,727	743.37
Change in Accounts Receivable	-	-	-	-5,570	2,155
Change in Inventory	-	-	-	-65.37	285.07
Change in Accounts Payable	-	-	-	2,896	-8,943
Change in Other Net Operating Assets	-	-	-	-6,320	188.61
Other Operating Activities	-12,615	-11,634	36,910	1,021	6,850
Operating Cash Flow	19,603	26,511	55,546	8,423	26,448
Operating Cash Flow Growth	-26.05%	-52.27%	559.46%	-68.15%	803.18%
Capital Expenditures	-1,409	-41,276	-933.5	-588.18	-599.35
Sale of Property, Plant & Equipment	-	-	-	12.6	11.92
Other Investing Activities	4,117	13,105	6,271	1,714	-36.14
Investing Cash Flow	2,708	-28,171	5,338	1,138	-623.57
Long-Term Debt Issued	13,849	9,700	20,581	76,085	10,000
Long-Term Debt Repaid	-14,894	-11,841	-37,510	-17,127	-1,667
Net Debt Issued (Repaid)	-1,045	-2,141	-16,929	58,958	8,333
Common Dividends Paid	-21,250	-20,000	-20,000	-21,000	-37,582
Other Financing Activities	-13,533	-5,900	-5,832	-	948.06
Financing Cash Flow	-35,828	-28,041	-42,762	37,958	-28,301
Foreign Exchange Rate Adjustments	-20.06	-619.09	502.27	157.25	1,649
Miscellaneous Cash Flow Adjustments	-	0	0	-	0
Net Cash Flow	-13,537	-30,321	18,625	47,677	-827.9
Free Cash Flow	18,194	-14,766	54,613	7,835	25,849
Free Cash Flow Growth	-	-	597.05%	-69.69%	838.33%
Free Cash Flow Margin	9.84%	-10.77%	65.87%	16.45%	36.43%
Free Cash Flow Per Share	7.28	-5.91	21.84	3.13	10.34
Cash Interest Paid	14,452	5,900	5,832	-	-
Cash Income Tax Paid	250	3,626	7,639	4,144	511.23
Levered Free Cash Flow	1,755	-11,943	46,896	-1,115	19,651
Unlevered Free Cash Flow	9,624	-5,552	53,666	3,463	20,250
Change in Working Capital	-	-	-	-9,060	-6,314

Source: S&P Global Market Intelligence. Utility template. Financial Sources.