NGX:NEIMETH 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 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022
Net Income	976.42	-885.33	-1,798	-325.04	-109.66
Depreciation & Amortization	164.91	129.99	126.09	115.96	119.57
Other Amortization	9.5	9.5	-	-	-
Loss (Gain) From Sale of Assets	-1.2	-3.6	-0.97	-	-
Asset Writedown & Restructuring Costs	-697.3	-923.66	-1,068	-	-
Provision & Write-off of Bad Debts	-	-	-	45.2	19.2
Other Operating Activities	1,621	891.73	473.65	260.84	53.07
Change in Accounts Receivable	273.83	-772.25	547.8	-137.71	-6.92
Change in Inventory	-2,026	196.94	-346.13	-203.78	-267.21
Change in Accounts Payable	-3,392	1,781	1,304	378.1	213.8
Change in Other Net Operating Assets	-70.84	-28.38	-12.03	-1.02	-83.61
Operating Cash Flow	1,507	396.21	-773.41	132.55	-61.76
Operating Cash Flow Growth	280.47%	-	-	-	-
Capital Expenditures	-278.23	-702.92	-936.14	-1,270	-1,143
Sale of Property, Plant & Equipment	6.96	3.6	2.25	-	-
Investing Cash Flow	-271.27	-699.32	-933.89	-1,270	-1,143
Short-Term Debt Issued	-	-	-	-	913.16
Long-Term Debt Issued	-	-	40.64	-	-
Total Debt Issued	-	-	40.64	2,243	913.16
Long-Term Debt Repaid	-143.27	-61.85	-214.58	-	-537.12
Total Debt Repaid	-143.27	-61.85	-214.58	-1,888	-537.12
Net Debt Issued (Repaid)	-143.27	-61.85	-173.95	354.58	376.04
Issuance of Common Stock	-	-	3,710	-	-
Common Dividends Paid	-	-	-	-106.35	-132.94
Other Financing Activities	-1,316	-866.79	-816.02	-358.37	-239.52
Financing Cash Flow	-1,459	-928.64	2,721	-110.15	3.58
Foreign Exchange Rate Adjustments	-167.17	923.58	791.25	-3.43	0
Net Cash Flow	-389.81	-308.16	1,804	-1,251	-1,201
Free Cash Flow	1,229	-306.71	-1,710	-1,137	-1,205
Free Cash Flow Margin	16.68%	-6.84%	-77.37%	-38.95%	-44.57%
Free Cash Flow Per Share	0.29	-0.07	-0.40	-0.60	-0.63
Cash Interest Paid	1,322	873.32	667.95	300	181.77
Cash Income Tax Paid	38	12.49	125.84	53.76	31.81
Levered Free Cash Flow	-4,776	914.96	722.07	-	-1,309
Unlevered Free Cash Flow	-3,950	1,461	1,140	-	-1,195
Change in Working Capital	-5,215	1,178	1,493	35.59	-143.94

Source: S&P Global Market Intelligence. Standard template. Financial Sources.