UNIVERSITY PRESS : EARNINGFORCAST

UNIVERSITY PRESS PLC

CASHFLOW FORECAST

PROFIT FORECAST FOR THE FIRST QUARTER ENDING 30TH JUNE 2024

Cash flows from operating activities

Loss 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:

(Increase)/decrease in inventories (Increase)/decrease in trade receivables (Increase)/decrease in other receivables Increase/(decrease) in trade payables Increase/(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

(78,516)

36,888

(1,920)

(4,280)

-

(47,828)

145,260

77,550

14,829

(511,382)

(59,065)

(380,636)

-

(380,636)

(285,000)

1,920

4,280

(278,800)

-

-

(659,436)

985,720

326,284