Transcorp Power Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	92,510	80,013	30,234	17,283
Depreciation & Amortization	5,043	4,901	4,757	3,472
Loss (Gain) on Sale of Assets	-	-	-	-0.34
Change in Accounts Receivable	-82,599	-73,702	-41,245	-17,558
Change in Inventory	-435.75	-606.71	-147.82	-566.33
Change in Accounts Payable	-441.92	-	-	2,966
Other Operating Activities	41,369	39,360	30,156	15,541
Operating Cash Flow	62,273	54,848	25,030	21,419
Operating Cash Flow Growth	-	119.13%	16.86%	-
Capital Expenditures	-8,525	-8,654	-4,883	-4,327
Sale of Property, Plant & Equipment	-	-	-	0.82
Investment in Securities	-15,007	-15,007	-	-683.36
Other Investing Activities	1,920	1,474	3,010	1,260
Investing Cash Flow	-21,612	-22,187	-1,873	-3,749
Long-Term Debt Issued	-	23,463	14,950	15,767
Long-Term Debt Repaid	-	-23,465	-24,948	-22,691
Net Debt Issued (Repaid)	6,846	-2.13	-9,999	-6,924
Common Dividends Paid	-49,342	-23,092	-2,322	-12,950
Other Financing Activities	-9,179	-8,156	-7,169	-3,841
Financing Cash Flow	-51,675	-31,251	-19,490	-23,715
Foreign Exchange Rate Adjustments	556.37	556.37	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-0
Net Cash Flow	-10,459	1,967	3,667	-6,045
Free Cash Flow	53,748	46,194	20,147	17,092
Free Cash Flow Growth	-	129.28%	17.87%	-
Free Cash Flow Margin	15.65%	15.10%	14.18%	18.92%
Free Cash Flow Per Share	7.17	6.16	61.47	215.95
Cash Interest Paid	9,179	8,156	7,169	-
Cash Income Tax Paid	2,150	2,551	1,977	3,022
Levered Free Cash Flow	-	13,886	24,348	-
Unlevered Free Cash Flow	-	20,048	29,157	-
Change in Net Working Capital	-	47,511	11,172	-

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