R.T Briscoe (Nigeria) 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	2,888	809.25	-1,243	123.35	-766.43
Depreciation & Amortization	86.74	74.58	60.83	59.2	46.78
Other Amortization	0.81	0.82	0.76	0.22	0.9
Loss (Gain) From Sale of Assets	-0.22	-522.14	-120	-41.25	-43.09
Provision & Write-off of Bad Debts	-	6.56	-	8.28	27.9
Other Operating Activities	744.35	245.14	77.07	184.67	38.09
Change in Accounts Receivable	74.28	-1,989	741.46	297.28	-704.46
Change in Inventory	-1,375	482.5	-1,637	-292.34	-67.73
Change in Accounts Payable	-5,880	897.26	1,416	-78.57	882.39
Change in Unearned Revenue	-	-	-	-	2,362
Change in Other Net Operating Assets	-169.76	-393.67	-552.92	79.25	-87.58
Operating Cash Flow	-3,631	-388.71	-1,256	340.1	1,689
Operating Cash Flow Growth	-	-	-	-79.87%	-
Capital Expenditures	-367.86	-96.99	-63.2	-153.82	-26.95
Sale of Property, Plant & Equipment	2.07	697.55	275.1	21.01	105.35
Sale (Purchase) of Real Estate	-	-	-	111.49	187.26
Investment in Securities	-	-50	-	-	-
Investing Cash Flow	-365.79	550.57	211.9	-21.32	265.66
Short-Term Debt Issued	4,216	54.87	322.25	-	363.76
Total Debt Issued	4,216	54.87	322.25	-	363.76
Short-Term Debt Repaid	-	-	-	-712	-
Total Debt Repaid	-	-	-	-712	-
Net Debt Issued (Repaid)	4,216	54.87	322.25	-712	363.76
Other Financing Activities	-739.07	-134.62	-99.78	-106.18	-22.49
Financing Cash Flow	3,477	-79.75	222.47	-818.18	341.27
Net Cash Flow	-519.52	82.1	-821.49	-499.4	2,296
Free Cash Flow	-3,999	-485.7	-1,319	186.28	1,662
Free Cash Flow Growth	-	-	-	-88.79%	-
Free Cash Flow Margin	-9.89%	-1.70%	-9.04%	1.04%	13.97%
Free Cash Flow Per Share	-3.40	-0.41	-1.12	0.16	1.41
Cash Interest Paid	772.97	148.56	107.55	110.61	47.87
Cash Income Tax Paid	183.95	107.19	315.35	48.33	17.54
Levered Free Cash Flow	-5,517	-245.68	-265.43	-17.32	1,876
Unlevered Free Cash Flow	-4,326	541.29	572.26	509.62	2,595
Change in Working Capital	-7,350	-1,003	-31.73	5.62	2,385

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