MTN Nigeria Communications PLC (NGX:MTNN)
Nigeria · Delayed Price · Currency is NGN 653.00
+3.00 (0.46%)
At close: Feb 12, 2026
NGX:MTNN Cash Flow Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Net Income | 864,679 | -399,448 | -133,841 | 351,382 | 298,654 | 205,214 |
Depreciation & Amortization | 557,864 | 486,917 | 384,684 | 306,683 | 266,037 | 238,439 |
Other Amortization | 75,914 | 53,276 | 48,680 | 33,258 | 30,470 | 26,020 |
Loss (Gain) From Sale of Assets | -2,440 | -2,193 | -752 | -1,381 | -1,692 | 117 |
Asset Writedown & Restructuring Costs | -619 | -1,117 | 4,221 | 761 | 500 | 865 |
Loss (Gain) From Sale of Investments | 1,604 | -1,544 | -1,369 | -589 | 8 | -2,064 |
Stock-Based Compensation | - | - | - | - | 6,274 | 1,528 |
Provision & Write-off of Bad Debts | 6,839 | 6,839 | 998 | 4,575 | -1,864 | 4,668 |
Other Operating Activities | 257,400 | 628,354 | 536,763 | 80,425 | 50,524 | 61,199 |
Change in Accounts Receivable | -90,932 | -167,568 | -14,842 | -68,394 | -75,428 | -9,028 |
Change in Inventory | -8,161 | 3,281 | -3,402 | -4,257 | -1,156 | -3,733 |
Change in Accounts Payable | 15,228 | 260,719 | 175,943 | 127,894 | 191,705 | 109,358 |
Change in Unearned Revenue | 13,621 | 14,476 | 9,935 | 20,525 | 10,035 | 15,495 |
Change in Other Net Operating Assets | 4,627 | -13,091 | -2,775 | 12,781 | - | - |
Operating Cash Flow | 1,695,624 | 868,901 | 1,004,243 | 863,663 | 774,067 | 648,078 |
Operating Cash Flow Growth | 59.40% | -13.48% | 16.28% | 11.58% | 19.44% | 91.16% |
Capital Expenditures | -717,517 | -339,900 | -392,997 | -326,736 | -260,276 | -214,923 |
Sale of Property, Plant & Equipment | 2,994 | 2,643 | 1,225 | 4,582 | 3,642 | 783 |
Sale (Purchase) of Intangibles | -195,222 | -94,549 | -170,058 | -136,775 | -180,115 | -35,350 |
Investment in Securities | -88,478 | -27,931 | 30,806 | 37,957 | 107,114 | -117,786 |
Other Investing Activities | -94,973 | 221,338 | -252,248 | -65,006 | -98,523 | -24,834 |
Investing Cash Flow | -1,093,196 | -238,399 | -783,272 | -485,978 | -428,158 | -392,110 |
Long-Term Debt Issued | - | 463,348 | 635,825 | 479,243 | 417,926 | 143,682 |
Long-Term Debt Repaid | - | -1,193,238 | -611,383 | -462,140 | -560,189 | -68,424 |
Net Debt Issued (Repaid) | -298,936 | -729,890 | 24,442 | 17,103 | -142,263 | 75,258 |
Common Dividends Paid | - | - | -171,697 | -288,186 | -212,705 | -172,403 |
Other Financing Activities | - | -6,950 | - | 1,000 | - | - |
Financing Cash Flow | -299,445 | -736,840 | -147,255 | -270,083 | -354,968 | -97,145 |
Foreign Exchange Rate Adjustments | 691 | 14,579 | -78,336 | -19,308 | -5,272 | 724 |
Net Cash Flow | 303,674 | -91,759 | -4,620 | 88,294 | -14,331 | 159,547 |
Free Cash Flow | 978,107 | 529,001 | 611,246 | 536,927 | 513,791 | 433,155 |
Free Cash Flow Growth | 30.07% | -13.46% | 13.84% | 4.50% | 18.62% | 175.30% |
Free Cash Flow Margin | 20.71% | 15.74% | 24.76% | 26.68% | 31.06% | 32.17% |
Free Cash Flow Per Share | 46.65 | 25.23 | 29.15 | 25.61 | 25.24 | 21.28 |
Cash Interest Paid | 613,824 | 438,506 | 212,965 | 145,653 | 137,603 | 129,853 |
Cash Income Tax Paid | 21,546 | 126,620 | 184,507 | 139,511 | 109,931 | 55,912 |
Levered Free Cash Flow | 649,781 | 817,730 | 153,805 | 309,226 | 158,562 | 362,198 |
Unlevered Free Cash Flow | 982,473 | 1,084,821 | 300,288 | 400,259 | 244,577 | 445,755 |
Change in Working Capital | -65,617 | 97,817 | 164,859 | 88,549 | 125,156 | 112,092 |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.