NCR (Nigeria) Plc (NGX:NCR)

NCR (Nigeria) 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	719.42	-2,172	-738.9	-1,011	7.55	-291.13
Depreciation & Amortization	15.71	15.11	13.05	18.07	44.6	61.85
Loss (Gain) From Sale of Assets	-	-	-	3.7	451.19	-
Provision & Write-off of Bad Debts	-	-	-	4.02	-34.17	-
Other Operating Activities	-252.64	2,566	1,467	899.22	316.4	49
Change in Accounts Receivable	-147.94	437.98	-539.6	-1,381	624.21	-573.56
Change in Inventory	201.44	-108.23	111.92	50.26	263.78	1,320
Change in Accounts Payable	-352.25	1,309	1,888	237.96	-1,187	-606.41
Change in Unearned Revenue	-83.34	-129.02	19.65	18.67	-265.03	-504.25
Change in Other Net Operating Assets	0.95	-13.34	326.7	-332.93	-70.88	-26.55
Operating Cash Flow	101.35	1,905	2,547	-1,492	150.42	-571.38
Operating Cash Flow Growth	-96.45%	-25.23%	-	-	-	-
Capital Expenditures	-14.23	-14.23	-42.27	-3.18	-14.15	-22.45
Other Investing Activities	34.31	60.63	28.5	2.08	10.44	33.23
Investing Cash Flow	20.08	46.4	-13.78	-1.1	-3.7	10.78
Foreign Exchange Rate Adjustments	181.14	-2,672	-1,517	-980.12	-23.6	-176.26
Net Cash Flow	302.57	-720.81	1,016	-2,474	123.12	-736.86
Free Cash Flow	87.12	1,890	2,505	-1,496	136.28	-593.82
Free Cash Flow Growth	-96.92%	-24.54%	-	-	-	-
Free Cash Flow Margin	3.73%	87.93%	85.36%	-45.74%	5.36%	-11.59%
Free Cash Flow Per Share	0.81	17.50	23.20	-13.85	1.26	-5.50
Cash Income Tax Paid	11.05	19.28	16.36	216.92	3.25	38.31
Levered Free Cash Flow	1,812	99.97	1,312	-1,950	-27.1	-920.13
Unlevered Free Cash Flow	1,812	99.97	1,312	-1,950	-27.1	-920.13
Change in Working Capital	-381.14	1,496	1,806	-1,407	-635.15	-391.1

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