Morison Industries Plc (NGX:MORISON)

Morison Industries Cash Flow Statement

Financials in millions NGN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-17.48	-46.83	-	-107.48	-93.93	-107.32
Depreciation & Amortization	32.85	33.03	-	38.66	31.35	31.97
Loss (Gain) From Sale of Assets	-	-	-	-	-2.28	-0.99
Other Operating Activities	-4.33	-15.75	-	20.67	16.02	-3.24
Change in Accounts Receivable	-	-	-	6.62	-0.38	2.18
Change in Inventory	-	-	-	11.84	-7.45	36.22
Change in Accounts Payable	-	-	-	43.23	14.65	-1.13
Change in Other Net Operating Assets	-	-	-	-	-	-0.2
Operating Cash Flow	11.05	-29.54	-	13.54	-42.02	-42.51
Capital Expenditures	-	-	-	-1.37	-3.89	-11.45
Sale of Property, Plant & Equipment	-	-	-	-	2.28	3.44
Other Investing Activities	26.01	32.46	-	-	-	-0.2
Investing Cash Flow	26.01	32.46	-	-1.37	-1.61	-8.21
Short-Term Debt Issued	-	-	-	-	50	55
Total Debt Issued	-	-	-	-	50	55
Net Debt Issued (Repaid)	-	-	-	-	50	55
Other Financing Activities	-	-	-	-3	-4.14	-2.16
Financing Cash Flow	-	-	-	-3	45.86	52.84
Miscellaneous Cash Flow Adjustments	0	0	-	-	-	-
Net Cash Flow	37.06	2.92	-	9.17	2.22	2.12
Free Cash Flow	11.05	-29.54	-	12.17	-45.91	-53.96
Free Cash Flow Margin	2.78%	-10.29%	-	7.86%	-32.65%	-44.24%
Free Cash Flow Per Share	0.01	-0.03	-	0.01	-0.05	-0.06
Cash Interest Paid	-	-	-	3	4.14	2.16
Cash Income Tax Paid	-	-	-	-	-	9.19
Levered Free Cash Flow	81.2	1.45	-	33.23	-25.09	-18.46
Unlevered Free Cash Flow	93.45	13.7	-	45.48	-15.37	-14.99
Change in Working Capital	-	-	-	61.69	6.82	37.07

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.