Morison Industries Plc (NGX: MORISON)

Morison Industries Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-46.83	-46.83	-	-107.48	-93.93	-107.32
Depreciation & Amortization	-	-	-	38.66	31.35	31.97
Loss (Gain) From Sale of Assets	-	-	-	-	-2.28	-0.99
Other Operating Activities	17.29	17.29	-	20.67	16.02	-3.24
Change in Accounts Receivable	-	-	-	6.62	-0.38	2.18
Change in Inventory	-	-	-	11.84	-7.45	36.22
Change in Accounts Payable	-	-	-	43.23	14.65	-1.13
Change in Other Net Operating Assets	-	-	-	-	-	-0.2
Operating Cash Flow	-29.54	-29.54	-	13.54	-42.02	-42.51
Capital Expenditures	-	-	-	-1.37	-3.89	-11.45
Sale of Property, Plant & Equipment	-	-	-	-	2.28	3.44
Other Investing Activities	32.46	32.46	-	-	-	-0.2
Investing Cash Flow	32.46	32.46	-	-1.37	-1.61	-8.21
Short-Term Debt Issued	-	-	-	-	50	55
Total Debt Issued	-	-	-	-	50	55
Net Debt Issued (Repaid)	-	-	-	-	50	55
Other Financing Activities	-	-	-	-3	-4.14	-2.16
Financing Cash Flow	-	-	-	-3	45.86	52.84
Miscellaneous Cash Flow Adjustments	0	0	-	-	-	-
Net Cash Flow	2.92	2.92	-	9.17	2.22	2.12
Free Cash Flow	-29.54	-29.54	-	12.17	-45.91	-53.96
Free Cash Flow Margin	-10.29%	-10.29%	-	7.86%	-32.65%	-44.24%
Free Cash Flow Per Share	-0.03	-0.03	-	0.01	-0.05	-0.05
Cash Interest Paid	-	-	-	3	4.14	2.16
Cash Income Tax Paid	-	-	-	-	-	9.19
Levered Free Cash Flow	-31.59	-31.59	-	33.23	-25.09	-18.46
Unlevered Free Cash Flow	-19.34	-19.34	-	45.48	-15.37	-14.99
Change in Net Working Capital	2.32	2.32	-50.72	-62.76	-7.29	-28.47

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