Tantalizers 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	72.74	-265.59	-290.74	-264.09	-214.82
Depreciation & Amortization	67.89	96.46	-	142.64	190.92
Other Amortization	11.8	-	-	-	-
Other Operating Activities	597.3	541.69	406.29	-309.49	-73.86
Operating Cash Flow	749.73	372.57	115.55	-430.95	-97.76
Operating Cash Flow Growth	101.24%	222.41%	-	-	-
Capital Expenditures	-94.07	-2.47	-33.39	-153.26	-43.72
Sale of Property, Plant & Equipment	10.3	-	9.11	686.73	468.96
Cash Acquisitions	-7,760	-	-	-	-
Investment in Securities	-465.03	-594.16	-	-39.95	-50
Other Investing Activities	85.4	50.5	-	-21.52	10.6
Investing Cash Flow	-8,224	-546.13	-24.28	472	385.84
Short-Term Debt Issued	-	-	-	-	150
Long-Term Debt Issued	7,100	-	-	1.55	-
Total Debt Issued	7,100	-	-	1.55	150
Long-Term Debt Repaid	-283.34	-87.46	-86.37	-	-242.05
Net Debt Issued (Repaid)	6,817	-87.46	-86.37	1.55	-92.05
Issuance of Common Stock	640	1,073	-	-	-
Other Financing Activities	-27.02	-120.16	-95.53	-72.45	-73.42
Financing Cash Flow	7,430	865.4	-181.9	-70.89	-165.47
Miscellaneous Cash Flow Adjustments	-0	-478.87	-	0	0
Net Cash Flow	-44.5	212.97	-90.62	-29.84	122.61
Free Cash Flow	655.66	370.09	82.17	-584.21	-141.48
Free Cash Flow Growth	77.16%	350.42%	-	-	-
Free Cash Flow Margin	50.79%	30.88%	7.05%	-50.20%	-11.14%
Free Cash Flow Per Share	0.13	0.07	0.03	-0.18	-0.04
Cash Interest Paid	27.02	120.16	95.53	72.45	73.42
Cash Income Tax Paid	3.45	53.25	-	4.69	8.67
Levered Free Cash Flow	-66.12	-185.95	-93.81	-242	-84.43
Unlevered Free Cash Flow	-52.02	-147.4	-34.1	-196.72	-38.55

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