Transcorp Power Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	87,281	80,013	30,234	17,283
Depreciation & Amortization	5,273	4,901	4,757	3,472
Loss (Gain) on Sale of Assets	-	-	-	-0.34
Change in Accounts Receivable	-104,000	-73,702	-41,245	-17,558
Change in Inventory	503.17	-606.71	-147.82	-566.33
Change in Accounts Payable	45,299	-	-	2,966
Other Operating Activities	40,831	39,360	30,156	15,541
Operating Cash Flow	80,872	54,848	25,030	21,419
Operating Cash Flow Growth	-	119.13%	16.86%	-
Capital Expenditures	-7,054	-8,654	-4,883	-4,327
Sale of Property, Plant & Equipment	-	-	-	0.82
Investment in Securities	-26,529	-15,007	-	-683.36
Other Investing Activities	2,268	1,474	3,010	1,260
Investing Cash Flow	-31,314	-22,187	-1,873	-3,749
Long-Term Debt Issued	-	23,463	14,950	15,767
Long-Term Debt Repaid	-	-23,465	-24,948	-22,691
Net Debt Issued (Repaid)	-3,902	-2.13	-9,999	-6,924
Common Dividends Paid	-25,880	-23,092	-2,322	-12,950
Other Financing Activities	-8,439	-8,156	-7,169	-3,841
Financing Cash Flow	-38,221	-31,251	-19,490	-23,715
Foreign Exchange Rate Adjustments	-758.63	556.37	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-0
Net Cash Flow	10,579	1,967	3,667	-6,045
Free Cash Flow	73,818	46,194	20,147	17,092
Free Cash Flow Growth	-	129.28%	17.87%	-
Free Cash Flow Margin	19.62%	15.10%	14.18%	18.92%
Free Cash Flow Per Share	9.84	6.16	61.47	215.95
Cash Interest Paid	8,439	8,156	7,169	-
Cash Income Tax Paid	1,506	2,551	1,977	3,022
Levered Free Cash Flow	48,069	13,886	24,348	-
Unlevered Free Cash Flow	55,750	20,048	29,157	-
Change in Working Capital	-58,199	-74,309	-41,393	-15,158

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