Mobile Telecommunications Cash Flow Statement

Financials in millions NAD. Fiscal year is October - September.

Millions NAD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	1,023	772.88	794.18	793.04	743.34
Depreciation & Amortization	309.66	307.86	342.04	337.18	268.15
Other Amortization	136.81	147.81	64.95	82.38	94.5
Loss (Gain) From Sale of Assets	-0.04	0.04	0.35	0.82	-0.02
Provision & Write-off of Bad Debts	24.57	46.34	-	-	7.37
Other Operating Activities	16.44	88.41	68.61	88.9	-5.98
Change in Accounts Receivable	-100.1	-105.05	-21.62	-29.73	7.99
Change in Inventory	-18.7	-0.04	24.26	-57.72	7.55
Change in Accounts Payable	132.81	55.07	40.83	-27.86	23.68
Change in Unearned Revenue	-48.76	65.78	-23.15	4.46	-11.16
Change in Other Net Operating Assets	5.75	6.32	12.52	-	-
Operating Cash Flow	1,481	1,385	1,303	1,191	1,135
Operating Cash Flow Growth	6.92%	6.33%	9.36%	4.94%	-10.64%
Capital Expenditures	-401.29	-436.02	-327.73	-385.28	-400.42
Sale of Property, Plant & Equipment	0.94	0.12	0.46	1.58	0.11
Sale (Purchase) of Intangibles	-184.1	-227.88	-195.97	-129.07	-192.52
Investment in Securities	-146.17	-92.58	-10.52	-88.14	-
Other Investing Activities	-0.19	-0.15	18.7	-0.39	-0.25
Investing Cash Flow	-730.81	-756.51	-515.05	-601.3	-593.08
Long-Term Debt Repaid	-23.86	-39.49	-45.31	-53.42	-20.54
Net Debt Issued (Repaid)	-23.86	-39.49	-45.31	-53.42	-20.54
Common Dividends Paid	-722.25	-544.65	-663.38	-519.65	-600.05
Other Financing Activities	0.85	-19.69	-21.77	-	-
Financing Cash Flow	-745.26	-603.83	-730.46	-573.07	-620.6
Foreign Exchange Rate Adjustments	3.13	-5.27	2.43	-6.79	8.26
Net Cash Flow	8.27	19.8	59.87	10.3	-70.01
Free Cash Flow	1,080	949.39	975.22	806.18	734.98
Free Cash Flow Growth	13.75%	-2.65%	20.97%	9.69%	-22.96%
Free Cash Flow Margin	29.10%	29.23%	31.82%	27.75%	26.23%
Free Cash Flow Per Share	1.44	1.27	1.30	1.07	0.98
Cash Interest Paid	20.8	19.69	21.78	0.15	23.46
Cash Income Tax Paid	406.65	287.79	305.14	272.22	360.03
Levered Free Cash Flow	659.28	610.74	552.47	472.57	437.27
Unlevered Free Cash Flow	672.28	623.05	566.08	486.66	451.93
Change in Working Capital	-29.02	22.07	32.83	-110.86	28.05

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