University Press Cash Flow Statement

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

Millions NGN. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	195.29	450.63	-157.72	142.29	207.49
Depreciation & Amortization	107.07	131.89	135.06	144.87	169.65
Loss (Gain) From Sale of Assets	-38.2	-311.31	-19.21	-11.79	-4.84
Asset Writedown & Restructuring Costs	-	-7.7	-4.3	-11.5	-39.3
Other Operating Activities	31.49	11.95	-163.96	-91.74	101.65
Change in Accounts Receivable	-1.99	0.45	18.86	206.11	-137.52
Change in Inventory	-195.85	402.34	-578.91	-182.59	143.94
Change in Accounts Payable	15	-904.73	910.56	-60.12	-358.76
Change in Other Net Operating Assets	-125.15	-151.44	319.28	-54.08	197.59
Operating Cash Flow	-12.35	-377.93	459.67	81.45	279.92
Operating Cash Flow Growth	-	-	464.36%	-70.90%	-12.93%
Capital Expenditures	-74.03	-228.03	-64.96	-156.52	-158.9
Sale of Property, Plant & Equipment	38.2	488.7	19.33	11.79	4.84
Other Investing Activities	51.36	78.39	25.58	31.23	32.35
Investing Cash Flow	15.52	339.06	-20.05	-113.49	-121.72
Common Dividends Paid	-64.71	-10.79	-43.14	-43.14	-21.57
Other Financing Activities	-	-102	-	-	-
Financing Cash Flow	-64.71	-112.78	-43.14	-43.14	-21.57
Miscellaneous Cash Flow Adjustments	0	-	-	-	-
Net Cash Flow	-61.54	-151.65	396.47	-75.18	136.63
Free Cash Flow	-86.38	-605.96	394.7	-75.07	121.02
Free Cash Flow Growth	-	-	-	-	-29.32%
Free Cash Flow Margin	-2.22%	-17.81%	14.99%	-3.46%	5.25%
Free Cash Flow Per Share	-0.20	-1.41	0.92	-0.17	0.28
Cash Income Tax Paid	47.4	78.77	73.92	140.66	20.01
Levered Free Cash Flow	-44.63	-675.61	570.03	-65.93	153.51
Unlevered Free Cash Flow	-44.63	-675.61	570.03	-65.93	153.51
Change in Working Capital	-308	-653.38	669.8	-90.67	-154.74

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