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	18,218	1,045	656.13	430.85	393.08
Depreciation & Amortization	23.56	23.37	21.79	19.75	14.29
Gain (Loss) on Sale of Assets	-307.11	-329.64	-	-	-
Asset Writedown	-16,446	-	-	-	-
Change in Accounts Receivable	14.08	-1.82	4.12	-6.12	-33.75
Change in Other Net Operating Assets	-704.13	199.57	228.03	60	319.43
Operating Cash Flow	793.57	937.29	892.94	518.37	691
Operating Cash Flow Growth	-15.33%	4.97%	72.26%	-24.98%	100.18%
Acquisition of Real Estate Assets	-169.53	-218.73	-234.62	-29.75	-29.74
Sale of Real Estate Assets	650	590	-	112	-
Net Sale / Acq. of Real Estate Assets	480.48	371.27	-234.62	82.25	-29.74
Investment in Marketable & Equity Securities	12.54	9.61	563.72	-443.71	278.27
Investing Cash Flow	493.01	380.88	329.1	-361.46	248.54
Common Dividends Paid	-957.98	-592.6	-395.07	-359.32	-349.92
Net Cash Flow	328.6	725.56	826.97	-202.42	589.63
Cash Income Tax Paid	0.03	12.14	20.68	8.9	4.77
Levered Free Cash Flow	51.61	855.31	675.68	346.41	541.29
Unlevered Free Cash Flow	51.61	855.31	675.68	346.41	541.29
Change in Working Capital	-695.05	198.42	215.02	67.77	283.63

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