University Press Plc (NGX:UPL)

University Press Cash Flow Statement

Financials in millions NGN. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	401.26	-157.72	142.29	207.49	57.11
Depreciation & Amortization	131.89	135.06	144.87	169.65	149.57
Loss (Gain) From Sale of Assets	-283.59	-19.21	-11.79	-4.84	-6.04
Asset Writedown & Restructuring Costs	-	-4.3	-11.5	-39.3	-26.7
Other Operating Activities	81.23	-163.96	-91.74	101.65	-71.92
Change in Accounts Receivable	6.13	18.86	206.11	-137.52	14.4
Change in Inventory	365.49	-578.91	-182.59	143.94	-190.61
Change in Accounts Payable	-904.51	910.56	-60.12	-358.76	370.67
Change in Other Net Operating Assets	-174.47	319.28	-54.08	197.59	25.03
Operating Cash Flow	-376.57	459.67	81.45	279.92	321.5
Operating Cash Flow Growth	-	464.36%	-70.90%	-12.93%	131.56%
Capital Expenditures	-227.47	-64.96	-156.52	-158.9	-150.28
Sale of Property, Plant & Equipment	381.98	19.33	11.79	4.84	6.09
Other Investing Activities	78.34	25.58	31.23	32.35	14.97
Investing Cash Flow	232.85	-20.05	-113.49	-121.72	-129.21
Common Dividends Paid	-10.79	-43.14	-43.14	-21.57	-64.71
Financing Cash Flow	-10.79	-43.14	-43.14	-21.57	-64.71
Net Cash Flow	-154.5	396.47	-75.18	136.63	127.57
Free Cash Flow	-604.04	394.7	-75.07	121.02	171.22
Free Cash Flow Growth	-	-	-	-29.32%	129.68%
Free Cash Flow Margin	-17.76%	14.99%	-3.46%	5.25%	12.06%
Free Cash Flow Per Share	-1.40	0.92	-0.17	0.28	0.40
Cash Income Tax Paid	78.77	73.92	140.66	20.01	75.13
Levered Free Cash Flow	-560.72	570.03	-65.93	153.51	180.72
Unlevered Free Cash Flow	-560.72	570.03	-65.93	153.51	180.72
Change in Net Working Capital	638.68	-673.43	157.42	34.09	-164.47

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