NGX:OKOMUOIL 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	63,534	39,958	20,647	16,231	11,539
Depreciation & Amortization	5,744	9,661	7,270	3,731	2,869
Loss (Gain) From Sale of Assets	-	-23.82	2.62	-	-
Asset Writedown & Restructuring Costs	-	-333.06	-89.48	-218.61	-127.47
Other Operating Activities	11,904	3,769	6,491	6,545	4,135
Change in Accounts Receivable	-	800.83	-2,521	-722.82	5,929
Change in Inventory	-	-2,766	-3,472	-1,011	-296.79
Change in Accounts Payable	-	4,332	906.78	864.33	-74.06
Change in Other Net Operating Assets	-	-4,103	-1,056	-2,117	155.98
Operating Cash Flow	81,182	51,294	28,179	23,301	24,130
Operating Cash Flow Growth	58.27%	82.03%	20.93%	-3.43%	127.11%
Capital Expenditures	-19,554	-13,239	-7,901	-10,591	-13,552
Sale of Property, Plant & Equipment	-	78.07	-	-	-
Other Investing Activities	-1,101	-826.05	-977.37	4.97	48.92
Investing Cash Flow	-20,655	-13,987	-8,878	-10,586	-13,503
Long-Term Debt Issued	-	-	-	-	1,919
Long-Term Debt Repaid	-1,958	-4,767	-3,020	-591.61	-447.2
Net Debt Issued (Repaid)	-1,958	-4,767	-3,020	-591.61	1,472
Common Dividends Paid	-62,958	-22,894	-15,740	-16,216	-6,677
Other Financing Activities	-	-3,282	-1,875	-24.92	-34.73
Financing Cash Flow	-64,916	-30,943	-20,635	-16,833	-5,240
Foreign Exchange Rate Adjustments	-	2,519	3,948	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	0	-
Net Cash Flow	-4,388	8,884	2,613	-4,118	5,386
Free Cash Flow	61,628	38,055	20,278	12,710	10,577
Free Cash Flow Growth	61.94%	87.67%	59.54%	20.17%	589.62%
Free Cash Flow Margin	31.10%	29.12%	26.85%	21.26%	28.12%
Free Cash Flow Per Share	64.60	39.89	21.26	13.32	11.09
Cash Interest Paid	1,101	4,113	2,858	24.92	34.73
Cash Income Tax Paid	13,829	11,386	5,874	1,961	599.01
Levered Free Cash Flow	47,229	25,502	14,750	9,132	6,204
Unlevered Free Cash Flow	47,917	28,377	17,046	9,801	6,624
Change in Working Capital	-	-1,736	-6,143	-2,987	5,714

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