UNIVERSITY PRESS : EARNINGFORCAST

UNIVERSITY PRESS PLC

CASHFLOW FORECAST

FOR THE THIRD QUARTER ENDING 31ST DECEMBER 2023

Cash flows from operating activities

Profit after tax

Adjustment for:

Depreciation of property, plant and equipment

Gain from disposal of property, plant and equipment Net Finance income

Income tax expense

Working capital changes:

Decrease in inventories

Increase in trade receivables

Decrease in other receivables

Increase in trade payables

Decrease in other payables

Cash generated from operations

Income tax

Net cash from operating activities

Cash flows from investing activities Purchase of property plant and equipment Sale of property, plant and equipment Finance income

Net cash used in investing activities

Cash flows from financing activities

Dividend

Net cash used in financing activities

Net increase in cash and cash equivalents

Cash and cash equivalents at the beginning of the year

Cash and cash equivalents at the end the period

N'000

282,262

67,776

(1,520)

(14,180)

137,291

471,629

138,485

(547,850)

14,829

225,620

(89,465)

213,248

(73,919)

139,329

(15,200)

1,520

14,180

500

(43,141)

(43,141)

96,688

765,876

862,564