NGX:UHOMREIT 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	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	1,099	1,045	656.13	430.85	393.08	377.16	Upgrade
Depreciation & Amortization	24.33	23.38	21.79	19.75	14.29	20.2	Upgrade
Change in Accounts Receivable	-15.58	1.82	4.12	-6.12	-33.75	35.65	Upgrade
Change in Other Net Operating Assets	764.07	199.57	228.03	60	319.43	-83.65	Upgrade
Other Operating Activities	4.89	1.72	-	-	-	-	Upgrade
Operating Cash Flow	1,927	1,272	892.94	518.37	691	345.19	Upgrade
Operating Cash Flow Growth	962.77%	42.48%	72.26%	-24.98%	100.18%	-37.67%	Upgrade
Acquisition of Real Estate Assets	-19.26	-28.73	-234.62	-29.75	-29.74	-13.35	Upgrade
Sale of Real Estate Assets	75.12	70.36	-	112	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	55.86	41.62	-234.62	82.25	-29.74	-13.35	Upgrade
Investment in Marketable & Equity Securities	12.06	9.61	563.72	-443.71	278.27	-505.46	Upgrade
Investing Cash Flow	67.92	51.23	329.1	-361.46	248.54	-518.81	Upgrade
Common Dividends Paid	-592.6	-592.6	-395.07	-359.32	-349.92	-329.22	Upgrade
Miscellaneous Cash Flow Adjustments	-5.37	-5.37	-	-	-	-	Upgrade
Net Cash Flow	771.29	725.56	826.97	-202.42	589.63	-502.84	Upgrade
Cash Income Tax Paid	12.14	12.14	20.68	8.9	4.77	2	Upgrade
Levered Free Cash Flow	1,477	855.31	675.68	346.41	541.29	235.94	Upgrade
Unlevered Free Cash Flow	1,477	855.31	675.68	346.41	541.29	235.94	Upgrade
Change in Net Working Capital	-775.93	-192.39	-238.35	-43.87	-270.24	29.38	Upgrade

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