NGX:UHOMREIT 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	1,170	1,045	656.13	430.85	393.08
Depreciation & Amortization	23.56	23.38	21.79	19.75	14.29
Change in Accounts Receivable	240.22	1.82	4.12	-6.12	-33.75
Change in Other Net Operating Assets	-902.11	199.57	228.03	60	319.43
Other Operating Activities	-0	1.72	-	-	-
Operating Cash Flow	606.56	1,272	892.94	518.37	691
Operating Cash Flow Growth	-52.33%	42.48%	72.26%	-24.98%	100.18%
Acquisition of Real Estate Assets	-26.66	-28.73	-234.62	-29.75	-29.74
Sale of Real Estate Assets	-	70.36	-	112	-
Net Sale / Acq. of Real Estate Assets	-26.66	41.62	-234.62	82.25	-29.74
Investment in Marketable & Equity Securities	14.79	9.61	563.72	-443.71	278.27
Other Investing Activities	0	-	-	-	-
Investing Cash Flow	-11.87	51.23	329.1	-361.46	248.54
Common Dividends Paid	-950.04	-592.6	-395.07	-359.32	-349.92
Other Financing Activities	617.45	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-5.37	-	-	-
Net Cash Flow	262.1	725.56	826.97	-202.42	589.63
Cash Income Tax Paid	-	12.14	20.68	8.9	4.77
Levered Free Cash Flow	-8.81	855.31	675.68	346.41	541.29
Unlevered Free Cash Flow	-8.81	855.31	675.68	346.41	541.29
Change in Working Capital	-586.51	202.06	215.02	67.77	283.63

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