NGX:UHOMREIT Cash Flow Statement

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

Millions NGN. 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	1,170	1,045	656.13	430.85	393.08	Upgrade
Depreciation & Amortization	23.56	23.38	21.79	19.75	14.29	Upgrade
Change in Accounts Receivable	240.22	1.82	4.12	-6.12	-33.75	Upgrade
Change in Other Net Operating Assets	-902.11	199.57	228.03	60	319.43	Upgrade
Other Operating Activities	-0	1.72	-	-	-	Upgrade
Operating Cash Flow	606.56	1,272	892.94	518.37	691	Upgrade
Operating Cash Flow Growth	-52.33%	42.48%	72.26%	-24.98%	100.18%	Upgrade
Acquisition of Real Estate Assets	-26.66	-28.73	-234.62	-29.75	-29.74	Upgrade
Sale of Real Estate Assets	-	70.36	-	112	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-26.66	41.62	-234.62	82.25	-29.74	Upgrade
Investment in Marketable & Equity Securities	14.79	9.61	563.72	-443.71	278.27	Upgrade
Other Investing Activities	0	-	-	-	-	Upgrade
Investing Cash Flow	-11.87	51.23	329.1	-361.46	248.54	Upgrade
Common Dividends Paid	-950.04	-592.6	-395.07	-359.32	-349.92	Upgrade
Other Financing Activities	617.45	-	-	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-5.37	-	-	-	Upgrade
Net Cash Flow	262.1	725.56	826.97	-202.42	589.63	Upgrade
Cash Income Tax Paid	-	12.14	20.68	8.9	4.77	Upgrade
Levered Free Cash Flow	-8.81	855.31	675.68	346.41	541.29	Upgrade
Unlevered Free Cash Flow	-8.81	855.31	675.68	346.41	541.29	Upgrade
Change in Working Capital	-586.51	202.06	215.02	67.77	283.63	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.