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Investor Presentaiton

Financial Performance FY Cash and cash equivalent up 60% to N33bn CONSOLIDATED STATEMENT CASH FLOWS (N'bn) FMN Food and Agro-Allied Group FY'21 FY'20 % change Q4'21 Q4'20 % change Cash from operating activities 29.9 66.7 (55) (20.3) 21.7 (194) Capex (19.4) (16.2) 20 20 (9.5) (4.1) 132 Other investing activities 1.0 2.4 (59) 1.7 3.3 (49) Cash from investing activities (18.4) (13.8) 34 (7.9) (0.8) 858 Proceeds from borrowings 25.2 (12.7) (299) (16.4) (6.6) 148 Other financing activities (24.6) (27.2) (10) (3.9) (9.1) (57) Cash from financing activities 0.6 (39.8) (102) (20.3) (15.8) 29 Net cash flow for the period 12.1 13.0 (7) (48.4) 5.1 (1,046) Cash at beginning of the period Effect of exchange difference 20.7 7.6 174 81.2 15.5 424 0.4 0.1 517 n/a Cash at the end of the period 33.2 20.7 60 60 33.2 20.7 60 FLOUR MILLS OF NIGERIA PLC | INVESTOR PRESENTATION FULL YEAR 2021 14
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