Nascon Allied Industries 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	30,955	15,584	13,728	5,469	2,971	2,690
Depreciation & Amortization	2,784	2,581	2,484	2,399	2,568	2,936
Loss (Gain) From Sale of Assets	-261.51	-5.21	-39.13	425.86	-745.7	-0.2
Provision & Write-off of Bad Debts	74.91	74.91	-8.96	24.06	-17.47	13.74
Other Operating Activities	356.79	-5,363	2,360	1,813	703	258.57
Change in Accounts Receivable	-11,416	-7,420	1,836	-1,846	3,584	-2,819
Change in Inventory	-4,601	-7,088	-2,906	-3,975	867.88	-730.79
Change in Accounts Payable	-1,958	-281.77	-7,152	6,088	-8,998	7,511
Change in Unearned Revenue	3,049	5,510	6,341	-2,175	2,774	-271.68
Change in Other Net Operating Assets	2,095	548.31	3,410	-4,727	1,289	-1,567
Operating Cash Flow	21,104	4,165	20,051	3,500	4,996	8,021
Operating Cash Flow Growth	50.05%	-79.23%	472.96%	-29.95%	-37.72%	31.70%
Capital Expenditures	-1,675	-2,300	-1,878	-1,291	-1,203	-4,038
Sale of Property, Plant & Equipment	-	85	57.24	-	2,250	0.2
Other Investing Activities	4,696	1,652	926.02	394.54	51.7	51.08
Investing Cash Flow	3,022	-562.31	-894.99	-895.97	1,098	-3,987
Long-Term Debt Issued	-	-	701.22	4,793	-	-
Long-Term Debt Repaid	-	-3,409	-678.22	-375.2	-535.18	-4,021
Net Debt Issued (Repaid)	-3,909	-3,409	23	4,418	-535.18	-4,021
Common Dividends Paid	-5,405	-	-5,299	-1,058	-1,060	-1,060
Other Financing Activities	-431.51	-808.46	-1,045	-	-80.59	-13.5
Financing Cash Flow	-9,745	-4,217	-6,321	3,360	-1,676	-5,094
Foreign Exchange Rate Adjustments	-238.81	-298	-228.37	-1.54	25.45	-
Net Cash Flow	14,142	-912.74	12,607	5,962	4,444	-1,060
Free Cash Flow	19,430	1,865	18,173	2,209	3,792	3,983
Free Cash Flow Growth	66.55%	-89.74%	722.65%	-41.75%	-4.78%	621.24%
Free Cash Flow Margin	12.31%	1.55%	22.48%	3.76%	11.39%	14.22%
Free Cash Flow Per Share	7.19	0.69	6.72	0.82	1.40	1.47
Cash Interest Paid	431.51	808.46	1,045	-	80.59	13.5
Cash Income Tax Paid	5,200	6,761	3,103	1,370	789.22	985.9
Levered Free Cash Flow	16,802	-1,579	15,622	1,715	2,907	3,013
Unlevered Free Cash Flow	17,295	-841.17	16,520	2,149	2,989	3,121
Change in Working Capital	-12,831	-8,732	1,529	-6,635	-483.6	2,122

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.