Med-View Airline Cash Flow Statement

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Net Income	-	-10,357	1,254	772.85	728.52
Depreciation & Amortization	-	865.42	525.37	430.23	223.82
Loss (Gain) From Sale of Assets	-	1,506	-	-	-
Asset Writedown & Restructuring Costs	-	653.14	-6.36	-55.5	-
Loss (Gain) From Sale of Investments	-	-	32.59	-	-
Other Operating Activities	-	218.5	479.3	261.12	268.14
Change in Accounts Receivable	-	1,502	-774.73	-247.35	1,081
Change in Inventory	-	-27.54	-65.08	146.48	225.04
Change in Accounts Payable	-	8,285	3,071	3,172	1,397
Change in Other Net Operating Assets	-	1,238	-791.18	-847.33	1,542
Operating Cash Flow	-	3,884	3,725	3,632	5,465
Operating Cash Flow Growth	-	4.26%	2.56%	-33.54%	-
Capital Expenditures	-	-8,921	-1,257	-2,419	-3,207
Sale of Property, Plant & Equipment	-	1,219	-	-	-
Other Investing Activities	-	1,576	-46.11	-1,212	-236.63
Investing Cash Flow	-	-6,125	-1,303	-3,631	-3,444
Long-Term Debt Issued	-	-	499.98	-	-
Long-Term Debt Repaid	-	-343.66	-	-554.36	-1,446
Net Debt Issued (Repaid)	-	-343.66	499.98	-554.36	-1,446
Issuance of Common Stock	-	-	-	975.33	1,900
Common Dividends Paid	-	-292.52	-292.52	-	-
Other Financing Activities	-	-192.73	-227.1	-503.91	-2,096
Financing Cash Flow	-	-828.91	-19.64	-82.94	-1,642
Net Cash Flow	-	-3,070	2,402	-81.69	380.28
Free Cash Flow	-	-5,037	2,468	1,213	2,258
Free Cash Flow Growth	-	-	103.45%	-46.29%	-
Free Cash Flow Margin	-	-52.67%	6.68%	4.66%	16.02%
Free Cash Flow Per Share	-	-0.52	0.25	0.12	0.23
Cash Interest Paid	-	192.73	227.1	193.94	195.75
Cash Income Tax Paid	-	-	43.41	20	20.15
Levered Free Cash Flow	-	-2,904	2,392	1,510	-
Unlevered Free Cash Flow	-	-2,783	2,534	1,631	-
Change in Net Working Capital	1,309	-10,196	-2,032	-2,997	-

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