Smart Products Nigeria Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Net Income	-	6.59	6.08	7.43	7.38	5.43	Upgrade
Depreciation & Amortization	-	6.15	5.26	4.4	4	3.93	Upgrade
Gain (Loss) on Sale of Investments	-	-0.93	-0.05	-0.23	-0.05	0.16	Upgrade
Change in Accounts Payable	-	2.58	14.39	0.62	-0.39	3.41	Upgrade
Change in Other Net Operating Assets	-	24.69	-0.91	10.7	3.18	-0.14	Upgrade
Other Operating Activities	-	-19.09	-12.6	1.69	2.3	2.56	Upgrade
Operating Cash Flow	-	28.4	23.21	26.76	15.91	15.65	Upgrade
Operating Cash Flow Growth	-	22.36%	-13.25%	68.14%	1.68%	-4.33%	Upgrade
Acquisition of Real Estate Assets	-	-14.94	-16.31	-8.34	-11.95	-8.88	Upgrade
Sale of Real Estate Assets	-	-	-	0.5	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-	-14.94	-16.31	-7.84	-11.95	-8.88	Upgrade
Investing Cash Flow	-	-14.94	-16.31	-7.84	-11.95	-8.88	Upgrade
Common Dividends Paid	-	-3.6	-4.5	-4.5	-3.6	-6.75	Upgrade
Miscellaneous Cash Flow Adjustments	-	-0	17.65	0	-	-	Upgrade
Net Cash Flow	-	9.87	20.05	14.42	0.37	0.02	Upgrade
Cash Income Tax Paid	-	19.79	-	-	-	-	Upgrade
Levered Free Cash Flow	-	27.3	17.59	25.58	14.55	15.78	Upgrade
Unlevered Free Cash Flow	-	27.3	17.59	25.58	14.55	15.78	Upgrade
Change in Net Working Capital	-	-16.6	-4.56	-14.78	-4.44	-4.95	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.