NGX:NGXGROUP 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	13,485	9,920	5,251	591.51	2,248	1,839
Depreciation & Amortization	507.49	441.34	357.26	419.24	394.73	526.97
Other Amortization	27.13	44.25	36.96	81.44	99.36	114.57
Loss (Gain) From Sale of Assets	-49.63	-28.27	-1.81	-18.67	-1.25	-4.63
Loss (Gain) From Sale of Investments	-1,013	-1,013	389.07	-0.07	12.65	0.9
Loss (Gain) on Equity Investments	-6,452	-5,420	-4,856	-2,151	-2,119	-2,003
Provision & Write-off of Bad Debts	40.58	40.58	48.01	-110.15	46.46	59.12
Other Operating Activities	4,511	1,214	-938.45	62.19	-1,470	-1,260
Change in Accounts Receivable	641.93	38.21	308.52	703.78	-842.74	-691.62
Change in Other Net Operating Assets	412.68	3,795	-287.39	2,579	-249.91	45
Operating Cash Flow	12,113	9,033	307.23	2,157	-1,882	-1,373
Operating Cash Flow Growth	2196.09%	2840.20%	-85.76%	-	-	-
Capital Expenditures	-1,075	-1,510	-264.95	-193.37	-361.02	-349.06
Sale of Property, Plant & Equipment	-665.08	-	-	176.77	-	16.9
Sale (Purchase) of Intangibles	-	-	-	10	-39.3	-99.35
Investment in Securities	-3,283	-6,127	-989.17	-14,807	-5,390	2,067
Other Investing Activities	5,537	5,203	4,533	3,390	2,927	2,259
Investing Cash Flow	514.73	-2,433	3,279	-11,424	-2,864	3,895
Long-Term Debt Issued	-	-	-	25,000	-	-
Long-Term Debt Repaid	-	-8,349	-	-12,013	-	-1.01
Net Debt Issued (Repaid)	-8,349	-8,349	-	12,987	-	-1.01
Common Dividends Paid	-4,576	-1,487	-551.16	-	-	-
Other Financing Activities	-1,290	-2,475	-2,118	-1,206	-	-
Financing Cash Flow	-14,215	-12,310	-2,669	11,781	-	-1.01
Foreign Exchange Rate Adjustments	2.83	2.83	911.26	-12.49	5.73	51.98
Miscellaneous Cash Flow Adjustments	-0	0	-	-	-	-
Net Cash Flow	-1,584	-5,707	1,828	2,501	-4,740	2,572
Free Cash Flow	11,038	7,524	42.28	1,964	-2,243	-1,723
Free Cash Flow Growth	-	17693.83%	-97.85%	-	-	-
Free Cash Flow Margin	47.89%	40.20%	0.46%	28.68%	-36.33%	-25.96%
Free Cash Flow Per Share	5.01	3.41	0.02	0.89	-1.13	-
Cash Interest Paid	1,290	2,475	2,118	1,206	-	-
Cash Income Tax Paid	3,493	589.64	122.3	255.48	17.4	2.34
Levered Free Cash Flow	8,071	8,392	-70.4	1,555	-315.53	255.53
Unlevered Free Cash Flow	8,784	9,839	1,392	2,868	-315.53	255.53
Change in Working Capital	1,055	3,834	21.12	3,282	-1,093	-646.62

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