Nascon Allied Industries Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	33,529	15,584	13,728	5,469	2,971
Depreciation & Amortization	2,724	2,581	2,484	2,399	2,568
Loss (Gain) From Sale of Assets	261.51	-5.21	-39.13	425.86	-745.7
Provision & Write-off of Bad Debts	-53.33	74.91	-8.96	24.06	-17.47
Other Operating Activities	-1,360	-5,363	2,360	1,813	703
Change in Accounts Receivable	-22,796	-7,420	1,836	-1,846	3,584
Change in Inventory	2,572	-7,088	-2,906	-3,975	867.88
Change in Accounts Payable	20,944	-281.77	-7,152	6,088	-8,998
Change in Unearned Revenue	6,677	5,510	6,341	-2,175	2,774
Change in Other Net Operating Assets	1,413	548.31	3,410	-4,727	1,289
Operating Cash Flow	43,906	4,165	20,051	3,500	4,996
Operating Cash Flow Growth	954.26%	-79.23%	472.96%	-29.95%	-37.72%
Capital Expenditures	-23,718	-2,300	-1,878	-1,291	-1,203
Sale of Property, Plant & Equipment	9.9	85	57.24	-	2,250
Other Investing Activities	5,837	1,652	926.02	394.54	51.7
Investing Cash Flow	-17,871	-562.31	-894.99	-895.97	1,098
Long-Term Debt Issued	-	-	701.22	4,793	-
Long-Term Debt Repaid	-3,518	-3,409	-678.22	-375.2	-535.18
Net Debt Issued (Repaid)	-3,518	-3,409	23	4,418	-535.18
Common Dividends Paid	-5,405	-	-5,299	-1,058	-1,060
Other Financing Activities	-284.66	-808.46	-1,045	-	-80.59
Financing Cash Flow	-9,207	-4,217	-6,321	3,360	-1,676
Foreign Exchange Rate Adjustments	104.17	-298	-228.37	-1.54	25.45
Net Cash Flow	16,932	-912.74	12,607	5,962	4,444
Free Cash Flow	20,188	1,865	18,173	2,209	3,792
Free Cash Flow Growth	982.53%	-89.74%	722.65%	-41.75%	-4.78%
Free Cash Flow Margin	13.22%	1.55%	22.48%	3.76%	11.39%
Free Cash Flow Per Share	7.47	0.69	6.72	0.82	1.40
Cash Interest Paid	284.66	808.46	1,045	-	80.59
Cash Income Tax Paid	5,200	6,761	3,103	1,370	789.22
Levered Free Cash Flow	20,448	-1,579	15,622	1,715	2,907
Unlevered Free Cash Flow	20,860	-841.17	16,520	2,149	2,989
Change in Working Capital	8,810	-8,732	1,529	-6,635	-483.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.