MA Financial Group Limited (ASX:MAF)

MA Financial Group Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	10.39	41.79	28.52	44.86	32.04
Depreciation & Amortization, Total	18.72	17.26	16.64	16.01	8.02
Gain (Loss) On Sale of Investments	-1.89	-3.09	-3.86	-5.55	-6.57
Stock-Based Compensation	38.71	13.14	10.63	15.72	14.87
Change in Accounts Receivable	-36.92	-15.18	-7.93	-39.63	12.62
Change in Accounts Payable	46.49	16.42	-20.45	14.54	11.73
Change in Other Net Operating Assets	316.45	-75.33	2.5	170.73	-112.62
Other Operating Activities	-0.64	9.44	-5.37	-4.17	-3.9
Operating Cash Flow	391.49	-2.46	19.78	212.39	-44.78
Capital Expenditures	-11.11	-6.87	-4.12	-12.87	-2.21
Cash Acquisitions	0.58	-	-6.5	-146.91	-46.34
Investment in Securities	-132.64	3.57	17.86	25.41	-5.82
Other Investing Activities	18.79	7.71	12.03	9.58	1.84
Investing Cash Flow	-124.39	4.41	19.29	-124.79	-52.52
Long-Term Debt Issued	35.99	45.73	49.4	-	138.75
Long-Term Debt Repaid	-8.92	-6.9	-7.09	-168.05	-2.93
Net Debt Issued (Repaid)	27.07	38.83	42.31	-168.05	135.82
Issuance of Common Stock	-	-	0.18	22.93	97.79
Repurchase of Common Stock	-8.41	-4.72	-7.13	-14.02	-4.92
Common Dividends Paid	-36.83	-35.55	-34.91	-30.92	-22.63
Other Financing Activities	-5.51	-4.88	-4.38	-1.62	-4.45
Financing Cash Flow	-23.68	-6.32	-3.93	-191.68	201.62
Foreign Exchange Rate Adjustments	-0.89	1.78	0.6	1.61	0.53
Net Cash Flow	242.53	-2.59	35.73	-102.47	104.86
Free Cash Flow	380.38	-9.33	15.66	199.52	-46.98
Free Cash Flow Growth	-	-	-92.15%	-	-
Free Cash Flow Margin	25.46%	-0.86%	1.80%	26.29%	-20.64%
Free Cash Flow Per Share	2.17	-0.06	0.10	1.20	-0.31
Cash Interest Paid	436.01	231.62	110.65	38.7	14.45
Cash Income Tax Paid	23.4	5.65	19.36	21.25	20.23

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.