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Nestlé Nigeria Plc (NGX:NESTLE)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
2,650.00
-100.00 (-3.64%)
At close: Nov 2, 2026

Nestlé Nigeria Cash Flow Statement

Millions NGN. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
135,858104,966-164,595-79,47448,96540,037
Depreciation & Amortization
42,28239,11128,94111,6739,7538,409
Loss (Gain) From Sale of Assets
-826.7-53.0928.53-41.8647.54245.04
Asset Writedown & Restructuring Costs
--2,126-10.65-
Stock-Based Compensation
113.76215.21302.979.35-23.33-0.35
Provision & Write-off of Bad Debts
95.1995.19-204.52-819.42-25279.79
Other Operating Activities
84,213106,972233,229163,27926,25312,395
Change in Accounts Receivable
-23,302-11,5185,663-19,270-38,607-3,747
Change in Inventory
-2,308-17,826-88,606-620.26-32,612-9,783
Change in Accounts Payable
36,37543,71139,9606,600-16,24312,746
Change in Unearned Revenue
-7,1512,9328,8123,5151,0966,805
Change in Other Net Operating Assets
60,35494,898-59,798-2,218-2,820-1,259
Operating Cash Flow
325,703363,5025,85982,703-4,43365,927
Operating Cash Flow Growth
30.82%6104.45%-92.92%--3.34%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-105,113-112,115-71,875-59,673-26,920-22,632
Sale of Property, Plant & Equipment
474.99131.4562.69444.778.4984.22
Other Investing Activities
1,9181,9052,6524,1163,9731,678
Investing Cash Flow
-102,720-110,078-69,160-55,112-22,868-19,969

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-133,78086,155148,327102,00358,300
Long-Term Debt Repaid
--190,796-144,136-74,495-42,953-30,139
Lease Payments
32.72--122.61-139.83-41.8-373.35
Net Debt Issued (Repaid)
-23,925-57,015-57,98173,83259,05028,161
Common Dividends Paid
-3,907-4,663-584.57-13,770-14,027-30,729
Other Financing Activities
-97,180-178,388-25,678-38,769-782.03-1,881
Financing Cash Flow
-125,012-240,067-84,24421,29344,242-4,449

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-962.75-582.252,217949.69452.48379.16
Miscellaneous Cash Flow Adjustments
-0-----
Net Cash Flow
97,00812,774-145,32949,83417,39341,888

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
220,590251,387-66,01623,030-31,35343,295
Free Cash Flow Growth
50.23%-----10.55%
Free Cash Flow Margin
16.97%20.81%-6.88%4.21%-7.02%12.31%
Free Cash Flow Per Share
278.29317.15-83.2829.05-39.5554.62
Levered Free Cash Flow
167,752143,745-102,46427,883-24,37051,193
Unlevered Free Cash Flow
215,065206,344-38,82851,565-16,74155,607
Free Cash Flow After Leases
220,623251,387-66,13922,890-31,39542,922

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
97,180178,38825,67838,769782.031,881
Cash Income Tax Paid
50,50226,79434,01027,88821,95023,429
Change in Working Capital
63,968112,196-93,968-11,994-89,1874,761