Iluka Resources Cash Flow Statement

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

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Net Income	-288.4	231.3	342.6	584.5	364.9
Depreciation & Amortization	435.8	225.4	199.3	138.5	180.5
Other Amortization	0.6	-	-	-	0.7
Loss (Gain) From Sale of Assets	0.5	0.2	-23.9	-	-1.6
Asset Writedown & Restructuring Costs	180	-	-	-33.3	6.3
Loss (Gain) on Equity Investments	-35.8	-28.1	-27.3	-29.6	-18.4
Stock-Based Compensation	13.6	15.3	16.8	15.7	11.1
Provision & Write-off of Bad Debts	-	-	-	-	-1.5
Other Operating Activities	212.6	-10.2	-7.6	32.4	-46.3
Change in Accounts Receivable	-24.3	-22.8	-8	13.5	-153.9
Change in Inventory	-263.7	-239.7	-243.1	-5	49.3
Change in Accounts Payable	14.8	-40.4	30.9	-69.3	-19.7
Change in Income Taxes	-79.3	-20.1	-27.1	106.7	-0.8
Change in Other Net Operating Assets	-80.5	44.5	-95.7	-51.8	-5.8
Operating Cash Flow	-57.5	123.3	89.6	601.5	354.9
Operating Cash Flow Growth	-	37.61%	-85.10%	69.48%	217.73%
Capital Expenditures	-862.1	-433.9	-281.4	-152.6	-53.6
Sale of Property, Plant & Equipment	1.5	0.2	10.1	0.1	2
Investment in Securities	23.3	30.8	30.5	15.7	14.8
Other Investing Activities	18.5	-	-	-	-0.1
Investing Cash Flow	-818.8	-402.9	-240.8	-136.8	-36.9
Long-Term Debt Issued	821.8	100	100	40.7	78.2
Long-Term Debt Repaid	-11	-8.6	-8.4	-8.8	-123.8
Net Debt Issued (Repaid)	810.8	91.4	91.6	31.9	-45.6
Repurchase of Common Stock	-0.5	-	-	-	-11.9
Common Dividends Paid	-25.2	-33.6	-97	-146.8	-55.4
Other Financing Activities	-	-5.2	-	-19.2	-
Financing Cash Flow	785.1	52.6	-5.4	-134.1	-112.9
Foreign Exchange Rate Adjustments	0.9	-1.9	-0.2	1.9	2.6
Miscellaneous Cash Flow Adjustments	-	-	-	-105.6	-
Net Cash Flow	-90.3	-228.9	-156.8	226.9	207.7
Free Cash Flow	-919.6	-310.6	-191.8	448.9	301.3
Free Cash Flow Growth	-	-	-	48.99%	643.95%
Free Cash Flow Margin	-90.56%	-26.54%	-14.86%	27.86%	22.73%
Free Cash Flow Per Share	-2.15	-0.72	-0.45	1.06	0.71
Cash Interest Paid	12.4	0.8	1.3	1.5	1.7
Cash Income Tax Paid	93.8	128.8	255.5	104.1	149.9
Levered Free Cash Flow	-410.25	-189.88	-21.84	413.66	349.75
Unlevered Free Cash Flow	-401.54	-186.88	-20.4	414.85	350.55
Change in Working Capital	-576.4	-310.6	-410.3	-106.7	-140.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.