United Capital Plc (NGX:UCAP)

United Capital Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	28,255	24,103	11,420	9,653	11,259	7,811
Depreciation & Amortization, Total	607.94	520.19	385.53	268.47	275.28	272.59
Gain (Loss) On Sale of Investments	-3,603	-3,146	8,113	5,661	125.08	322.03
Change in Accounts Receivable	-59,829	-76,117	-34,489	-28,539	-2,595	-3,334
Change in Other Net Operating Assets	133,016	514,809	165,907	120,920	217,772	45,922
Other Operating Activities	1,848	1,476	-19,410	1,110	-11,488	1,293
Operating Cash Flow	100,831	462,220	139,945	109,626	215,499	52,685
Capital Expenditures	-1,275	-772.32	-1,178	-110.87	-110.45	-411.12
Sale (Purchase) of Intangibles	-311.07	-911.59	-68.55	-137.84	-57.58	-12.18
Investment in Securities	-236,057	-392,148	-240,294	-20,856	-201,976	-54,182
Other Investing Activities	5,004	1,165	954.98	1,016	1,707	116.87
Investing Cash Flow	-232,419	-392,447	-240,585	-20,088	-200,438	-54,409
Long-Term Debt Issued	-	198,467	109,680	36,026	17,564	32,214
Long-Term Debt Repaid	-	-68,534	-11,032	-18,990	-18,184	-14,959
Net Debt Issued (Repaid)	107,619	129,933	98,649	17,036	-619.94	17,256
Common Dividends Paid	-14,400	-16,200	-9,000	-9,000	-4,200	-3,000
Financing Cash Flow	93,219	113,733	89,649	8,036	-4,820	14,256
Foreign Exchange Rate Adjustments	-25,929	-19,224	5,715	-1,513	-42.66	752.68
Net Cash Flow	-64,298	164,282	-5,276	96,060	10,199	13,285
Free Cash Flow	99,555	461,448	138,767	109,515	215,388	52,274
Free Cash Flow Growth	-52.41%	232.53%	26.71%	-49.16%	312.04%	-
Free Cash Flow Margin	212.25%	1230.81%	646.64%	449.45%	1305.24%	415.89%
Free Cash Flow Per Share	5.53	25.64	7.71	6.08	11.97	2.90
Cash Interest Paid	165,567	144,087	67,912	39,071	14,733	13,386
Cash Income Tax Paid	2,725	773.97	2,802	533.13	728.96	455.13

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.