Learn Africa Cash Flow Statement

Financials in millions NGN. Fiscal year is April - March.

Millions NGN. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	-	474.98	11.2	429.53	401.58
Depreciation & Amortization	-	146.81	110.79	95.32	87.1
Other Amortization	-	11.82	7.4	4	10.2
Loss (Gain) From Sale of Assets	-	-0.5	-1.65	-3.98	-8.88
Asset Writedown & Restructuring Costs	-	-31	-40	-15	-40.14
Provision & Write-off of Bad Debts	-	163.03	439.47	108.22	72.59
Other Operating Activities	1,358	255.81	58.97	0.13	-28.83
Change in Accounts Receivable	-	84.36	-150.09	802.51	-680.45
Change in Inventory	-	-527.63	-534.75	-217.22	-15.5
Change in Accounts Payable	-	358.02	-44.86	-64.16	193.03
Change in Other Net Operating Assets	-	-5.79	-4.94	-1.03	-13.04
Operating Cash Flow	1,358	929.89	-148.47	1,138	-22.35
Operating Cash Flow Growth	46.00%	-	-	-	-
Capital Expenditures	-685.8	-116.47	-186.07	-183.3	-124.76
Sale of Property, Plant & Equipment	14.27	0.5	10.44	4.03	4.13
Sale (Purchase) of Intangibles	-	-12.73	-8.65	-	-2
Sale (Purchase) of Real Estate	-	-	-	-	79.64
Other Investing Activities	37.99	-43.32	-18.64	-25.72	-16.76
Investing Cash Flow	-633.54	-172.02	-202.92	-204.99	-59.75
Short-Term Debt Issued	-	300	300	2.29	-
Total Debt Issued	-	300	300	2.29	-
Short-Term Debt Repaid	-	-300	-302.29	-	-
Total Debt Repaid	-	-300	-302.29	-	-
Net Debt Issued (Repaid)	-	-	-2.29	2.29	-
Common Dividends Paid	-270.01	-	-192.86	-154.29	-115.72
Other Financing Activities	-	-19.17	-20.22	-0.36	-36.11
Financing Cash Flow	-270.01	-19.17	-215.36	-152.37	-151.82
Miscellaneous Cash Flow Adjustments	-	0	-	-0	-
Net Cash Flow	454.08	738.7	-566.75	780.94	-233.93
Free Cash Flow	671.82	813.43	-334.53	955	-147.11
Free Cash Flow Growth	-17.41%	-	-	-	-
Free Cash Flow Margin	10.92%	15.69%	-8.19%	27.50%	-3.98%
Free Cash Flow Per Share	0.77	0.94	-0.39	1.10	-0.17
Cash Interest Paid	-	30.51	29.86	14.23	36.11
Cash Income Tax Paid	-	124.46	265.59	178.29	180.37
Levered Free Cash Flow	424.85	831.32	-327.07	948.51	-99.88
Unlevered Free Cash Flow	424.85	850.39	-308.4	957.4	-91.47
Change in Working Capital	-	-91.05	-734.65	520.1	-515.97

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