Maghreb Oxygène Cash Flow Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	15.45	12.43	9.54	15.26	17.97	Upgrade
Depreciation & Amortization	24.85	25.91	24.59	25.18	24.67	Upgrade
Loss (Gain) From Sale of Assets	-	-0.08	-0.93	-0.38	-3.24	Upgrade
Loss (Gain) on Equity Investments	-6.91	-6.35	-5.09	-7.64	-5.65	Upgrade
Other Operating Activities	-12.22	-10.25	-3.47	-2.3	-1.97	Upgrade
Change in Inventory	-14.05	-2.97	7.82	1.85	-7.47	Upgrade
Change in Other Net Operating Assets	36.51	-10.23	-13.77	-0.52	27.84	Upgrade
Operating Cash Flow	43.63	8.45	18.68	31.45	52.15	Upgrade
Operating Cash Flow Growth	416.08%	-54.75%	-40.59%	-39.69%	152.37%	Upgrade
Capital Expenditures	-77.62	-15.68	-27.23	-19.46	-41.35	Upgrade
Sale of Property, Plant & Equipment	-	0.08	1.92	0.38	3.67	Upgrade
Investing Cash Flow	-77.62	-15.59	-25.31	-19.08	-37.69	Upgrade
Long-Term Debt Issued	440.1	-	-	-	-	Upgrade
Long-Term Debt Repaid	-106.09	-6.56	-6.81	-7.05	-6.96	Upgrade
Net Debt Issued (Repaid)	334.01	-6.56	-6.81	-7.05	-6.96	Upgrade
Common Dividends Paid	-3.25	-3.25	-3.25	-3.25	-3.25	Upgrade
Other Financing Activities	0.83	3.43	6.22	12.57	10.27	Upgrade
Financing Cash Flow	331.59	-6.39	-3.84	2.27	0.06	Upgrade
Net Cash Flow	297.61	-13.53	-10.47	14.63	14.52	Upgrade
Free Cash Flow	-33.99	-7.22	-8.54	11.99	10.8	Upgrade
Free Cash Flow Growth	-	-	-	11.03%	-	Upgrade
Free Cash Flow Margin	-10.29%	-2.32%	-2.94%	4.10%	3.93%	Upgrade
Free Cash Flow Per Share	-41.83	-8.89	-10.52	14.75	13.27	Upgrade
Levered Free Cash Flow	-48.97	-3.07	-16.92	9.06	7.77	Upgrade
Unlevered Free Cash Flow	-35.42	-0.28	-14.2	11.83	10.56	Upgrade
Change in Working Capital	22.46	-13.2	-5.95	1.33	20.37	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.