Presco Cash Flow Statement

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	123,034	121,354	76,069	32,354	13,032	19,320
Depreciation & Amortization	18,717	18,108	9,062	4,678	4,159	2,657
Other Amortization	56.33	56.33	33.71	31.01	30.85	29.56
Loss (Gain) From Sale of Assets	-74.81	74.46	112.97	170.91	417.27	737.75
Provision & Write-off of Bad Debts	-645.71	-374.58	329.74	21.12	137.33	125.43
Other Operating Activities	-8,369	5,842	9,464	2,120	14,001	2,787
Change in Accounts Receivable	17,446	5,673	-17,027	-9,016	2,810	-177.45
Change in Inventory	-690.62	-6,085	161.11	-14,874	68.19	415.67
Change in Accounts Payable	31,567	-73,834	10,917	7,449	-2,222	-5,777
Change in Unearned Revenue	-794.58	-794.58	557.82	441.51	-642.51	852.52
Change in Other Net Operating Assets	-762.06	-	-	-	-	-
Operating Cash Flow	179,484	70,020	89,681	23,375	31,791	20,970
Operating Cash Flow Growth	436.60%	-21.92%	283.66%	-26.47%	51.60%	76.23%
Capital Expenditures	-67,946	-64,344	-33,299	-12,420	-12,540	-5,388
Sale of Property, Plant & Equipment	383.64	275.83	69.24	17.87	11.62	365.02
Cash Acquisitions	-	-	9,191	-	-19,991	-5,479
Sale (Purchase) of Intangibles	-	-	-	-	-	-16.8
Other Investing Activities	12,926	7,852	218.49	48.17	36.86	18.18
Investing Cash Flow	-54,637	-56,216	-23,820	-12,354	-32,483	-10,501
Long-Term Debt Issued	-	111,626	3,477	4,602	38,790	24,165
Long-Term Debt Repaid	-	-28,371	-9,326	-6,038	-28,747	-8,982
Net Debt Issued (Repaid)	-198,498	83,255	-5,849	-1,436	10,043	15,183
Issuance of Common Stock	234,805	234,805	-	-	-	-
Common Dividends Paid	-72,000	-72,000	-24,300	-8,809	-8,600	-3,000
Other Financing Activities	-22,661	-25,148	-15,207	-9,128	-6,280	-1,270
Financing Cash Flow	-58,354	220,912	-45,356	-19,373	-4,837	10,913
Foreign Exchange Rate Adjustments	-556.79	-740.37	2,510	2,993	-3,311	-894.27
Miscellaneous Cash Flow Adjustments	-0	-	-0	-	-0	-
Net Cash Flow	65,937	233,975	23,015	-5,359	-8,840	20,488
Free Cash Flow	111,538	5,676	56,382	10,955	19,251	15,582
Free Cash Flow Growth	3320.03%	-89.93%	414.67%	-43.09%	23.54%	245.00%
Free Cash Flow Margin	33.03%	1.72%	27.17%	10.70%	23.76%	32.86%
Free Cash Flow Per Share	106.48	5.64	56.33	10.96	19.25	15.58
Cash Interest Paid	22,488	24,976	7,902	8,756	6,503	1,449
Cash Income Tax Paid	31,294	29,680	12,237	10,313	5,261	520.36
Levered Free Cash Flow	-44,136	-89,033	109,624	-9,655	-6,132	28,319
Unlevered Free Cash Flow	-18,115	-61,137	117,423	-4,018	-893.74	29,880
Change in Working Capital	46,766	-75,040	-5,391	-15,999	13.4	-4,686

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