NGX:MULTITREX Cash Flow Statement

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

Millions NGN. Fiscal year is May - Apr.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021	Apr '20 Apr 30, 2020	Apr '19 Apr 30, 2019
Net Income	-1,098	-636.57	-253.26	-262.64	-280.35
Depreciation & Amortization	349.27	349.27	178.14	178.14	178.14
Other Operating Activities	481.8	227.03	67.58	71.08	75.6
Change in Accounts Receivable	-461.2	-	1,752	-	-
Change in Accounts Payable	-925.99	75.62	-1,128	82.16	97.21
Change in Other Net Operating Assets	-	-	-2.05	2.05	-
Operating Cash Flow	-1,655	15.36	614.35	70.79	70.6
Operating Cash Flow Growth	-	-97.50%	767.81%	0.27%	-
Long-Term Debt Repaid	-1,224	-	-	-	-
Net Debt Issued (Repaid)	-1,224	-	-	-	-
Issuance of Common Stock	2,500	-	-	-	-
Other Financing Activities	-481.69	-67.29	-67.3	-70.79	-70.6
Financing Cash Flow	794.74	-67.29	-67.3	-70.79	-70.6
Net Cash Flow	-859.81	-51.93	547.05	-	-
Cash Interest Paid	508.11	70.6	70.6	70.79	70.6
Levered Free Cash Flow	-1,740	125.24	908.01	96.62	-
Unlevered Free Cash Flow	-1,422	169.37	952.13	140.87	-
Change in Working Capital	-1,387	75.62	621.89	84.21	97.21

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