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	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	3,324	2,802	809.25	-1,243	123.35	-766.43
Depreciation & Amortization	112.95	92.08	74.59	60.83	59.2	46.78
Other Amortization	0.81	0.81	0.82	0.76	0.22	0.9
Loss (Gain) From Sale of Assets	-0.22	-0.22	-522.14	-120	-41.25	-43.09
Provision & Write-off of Bad Debts	19.43	19.43	6.56	-	8.28	27.9
Other Operating Activities	1,446	742.77	245.12	77.07	184.67	38.09
Change in Accounts Receivable	-5,126	-3,618	-1,989	741.46	297.28	-704.46
Change in Inventory	-1,523	-1,375	482.5	-1,637	-292.34	-67.73
Change in Accounts Payable	503.76	-2,056	897.26	1,416	-78.57	882.39
Change in Unearned Revenue	-	-	-	-	-	2,362
Change in Other Net Operating Assets	-240.01	-224.67	-393.67	-552.92	79.25	-87.58
Operating Cash Flow	-1,482	-3,615	-388.71	-1,256	340.1	1,689
Operating Cash Flow Growth	-	-	-	-	-79.87%	-
Capital Expenditures	-547.41	-380.98	-96.99	-63.2	-153.82	-26.95
Sale of Property, Plant & Equipment	2.05	2.05	697.55	275.1	21.01	105.35
Sale (Purchase) of Real Estate	-	-	-	-	111.49	187.26
Investment in Securities	-	-	-50	-	-	-
Investing Cash Flow	-545.36	-378.93	550.57	211.9	-21.32	265.66
Short-Term Debt Issued	-	4,851	54.87	322.25	-	363.76
Total Debt Issued	3,552	4,851	54.87	322.25	-	363.76
Short-Term Debt Repaid	-	-	-	-	-712	-
Total Debt Repaid	-	-	-	-	-712	-
Net Debt Issued (Repaid)	3,552	4,851	54.87	322.25	-712	363.76
Other Financing Activities	-1,481	-768.16	-134.62	-99.78	-106.18	-22.49
Financing Cash Flow	2,071	4,083	-79.75	222.47	-818.18	341.27
Miscellaneous Cash Flow Adjustments	0	-	0	-	-	-
Net Cash Flow	43.75	88.96	82.1	-821.49	-499.4	2,296
Free Cash Flow	-2,029	-3,996	-485.7	-1,319	186.28	1,662
Free Cash Flow Growth	-	-	-	-	-88.79%	-
Free Cash Flow Margin	-4.28%	-9.89%	-1.70%	-9.04%	1.04%	13.97%
Free Cash Flow Per Share	-1.73	-3.40	-0.41	-1.12	0.16	1.41
Cash Interest Paid	802.06	802.06	148.56	107.55	110.61	47.87
Cash Income Tax Paid	187.35	187.35	107.19	315.35	48.33	17.54
Levered Free Cash Flow	-4,322	-5,486	-245.66	-265.43	-17.32	1,876
Unlevered Free Cash Flow	-2,867	-4,275	541.3	572.26	509.62	2,595
Change in Working Capital	-6,385	-7,273	-1,003	-31.73	5.62	2,385

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