NGX:SKYAVN Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	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	2015 - 2019
Net Income	4,834	1,955	309.34	282.03	482.38	Upgrade
Depreciation & Amortization	2,352	2,152	2,021	1,872	1,851	Upgrade
Other Amortization	1.68	1.77	1.77	1.64	0.25	Upgrade
Provision & Write-off of Bad Debts	484.27	166.72	128.07	146.67	303.98	Upgrade
Other Operating Activities	3,232	2,520	50.08	517	-119.21	Upgrade
Change in Accounts Receivable	-5,234	-5,665	-977.24	-506.87	-738.65	Upgrade
Change in Inventory	-1,790	-300.26	-304.89	-133.35	52.16	Upgrade
Change in Accounts Payable	1,148	572.26	846.46	350.81	-183.97	Upgrade
Change in Unearned Revenue	-19.76	15.73	-68.49	0.33	50.57	Upgrade
Operating Cash Flow	5,008	1,418	2,006	2,530	1,698	Upgrade
Operating Cash Flow Growth	253.06%	-29.30%	-20.71%	48.98%	-15.47%	Upgrade
Capital Expenditures	-3,269	-2,948	-2,630	-2,221	-873.64	Upgrade
Sale (Purchase) of Intangibles	-	-	-16.02	-2.5	-7.8	Upgrade
Investing Cash Flow	-3,287	-2,975	-2,653	-2,617	-985.52	Upgrade
Long-Term Debt Issued	-	-	3,500	-	319.04	Upgrade
Long-Term Debt Repaid	-754.26	-138.92	-80.42	-70.96	-184.81	Upgrade
Net Debt Issued (Repaid)	-754.26	-138.92	3,420	-70.96	134.23	Upgrade
Common Dividends Paid	-406.07	-223.34	-223.34	-223.34	-223.34	Upgrade
Other Financing Activities	-	-	-	-	0	Upgrade
Financing Cash Flow	-1,160	-362.26	3,196	-294.3	-89.11	Upgrade
Miscellaneous Cash Flow Adjustments	0	0	-0	-	0	Upgrade
Net Cash Flow	560.5	-1,919	2,549	-380.96	623.59	Upgrade
Free Cash Flow	1,739	-1,530	-623.93	308.84	824.58	Upgrade
Free Cash Flow Growth	-	-	-	-62.55%	-2.45%	Upgrade
Free Cash Flow Margin	6.01%	-9.25%	-5.61%	3.57%	11.81%	Upgrade
Free Cash Flow Per Share	1.28	-1.13	-0.46	0.23	0.61	Upgrade
Cash Interest Paid	331.06	367.21	73.13	29.95	26.21	Upgrade
Cash Income Tax Paid	883.23	243.51	636.55	60.58	379.12	Upgrade
Levered Free Cash Flow	-1,984	-4,138	-982.69	139.89	617.91	Upgrade
Unlevered Free Cash Flow	-1,777	-3,909	-936.98	158.6	634.29	Upgrade
Change in Net Working Capital	5,122	4,843	709.76	-121.92	591.52	Upgrade

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