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HBM Nigeria Plc (NGX:HBMNG)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
325.00
+8.90 (2.82%)
At close: Nov 13, 2026

HBM Nigeria Cash Flow Statement

Millions NGN. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
337,330273,120100,14551,14153,64751,004
Depreciation & Amortization
42,91334,81629,36727,24624,78432,657
Other Amortization
9.59.59.548.45622.56-
Loss (Gain) From Sale of Assets
-0.5-229.94-965.96-404.97-24.6-89.74
Asset Writedown & Restructuring Costs
677.19677.19-4,348--4,802
Loss (Gain) From Sale of Investments
------133.92
Loss (Gain) on Equity Investments
------683.31
Provision & Write-off of Bad Debts
633.64--31.71431.1725.6
Other Operating Activities
13,132113,87162,17739,89119,85510,143
Change in Accounts Receivable
-9,364-3,228-2,072-1,528411.76-2,193
Change in Inventory
-24,207-7,925-49,85181.2-9,598-13,956
Change in Accounts Payable
56,443-5,43080,77614,92217,416-198.84
Change in Unearned Revenue
-2,482-96,509137,47328,9632,65820,626
Change in Other Net Operating Assets
-85,898-16,544-138,583-9,494-9,489-29,386
Operating Cash Flow
329,186292,629214,127150,897100,71572,617
Operating Cash Flow Growth
-19.54%36.66%41.90%49.83%38.69%13.94%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-256,231-74,610-74,668-41,489-23,254-22,576
Sale of Property, Plant & Equipment
0.5229.941,234-68.8715.65
Investment in Securities
-----1,211
Other Investing Activities
42,46625,0802,0624,6541,4873,458
Investing Cash Flow
-213,764-49,300-71,372-36,835-21,698-17,891

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
--2,16425,09627,12615,717
Long-Term Debt Repaid
--926.15-29,851-38,684-21,976-43,255
Lease Payments
-787.55-715.39-1,510-1,721-3,276-7,209
Net Debt Issued (Repaid)
-299.01-926.15-27,687-13,5885,150-27,537
Common Dividends Paid
-341,485-83,761-30,605-47,289-14,535-27,310
Other Financing Activities
-8,606-8,578-16,571-4,736-2,166-5,224
Financing Cash Flow
-350,391-93,265-74,863-65,613-11,551-60,071

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-427.02-319.691,495633.85670.141,914
Miscellaneous Cash Flow Adjustments
-0-0-0-0-
Net Cash Flow
-235,396149,74469,38649,08368,136-3,431

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
72,955218,019139,459109,40877,46150,041
Free Cash Flow Growth
-77.96%56.33%27.47%41.24%54.79%-6.99%
Free Cash Flow Margin
6.01%20.45%20.02%26.98%20.75%17.07%
Free Cash Flow Per Share
4.5313.548.666.794.813.11
Levered Free Cash Flow
172,416228,375176,893106,78285,81941,704
Unlevered Free Cash Flow
172,416228,535177,786107,13386,29844,056
Free Cash Flow After Leases
72,168217,304137,949107,68774,18542,832

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
8,6068,57816,5714,7362,1665,224
Cash Income Tax Paid
131,50710,4875,6903,8033,4192,729
Change in Working Capital
-65,509-129,63527,74132,9441,399-25,108