Meridian Energy Cash Flow Statement

Financials in millions NZD. Fiscal year is July - June.

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	-452	429	95	664	428
Depreciation & Amortization	429	304	266	278	285
Other Amortization	18	30	28	22	18
Loss (Gain) on Sale of Assets	-11	-	-	-	1
Asset Writedown	-	-	-	-	-6
Stock-Based Compensation	-	-	1	1	2
Change in Accounts Receivable	130	-202	68	84	-169
Change in Accounts Payable	-193	269	-95	-114	214
Change in Income Taxes	-100	39	15	-5	-42
Change in Unearned Revenue	-	-	2	-10	-
Change in Other Net Operating Assets	88	-76	-23	-1	-60
Other Operating Activities	409	-126	152	-244	-240
Net Cash from Discontinued Operations	-	-	-	-214	-
Operating Cash Flow	318	667	509	461	431
Operating Cash Flow Growth	-52.32%	31.04%	10.41%	6.96%	-28.76%
Capital Expenditures	-143	-281	-316	-141	-76
Sale of Property, Plant & Equipment	-	-	2	2	-
Divestitures	-	8	-	768	-
Sale (Purchase) of Intangibles	-41	-40	-13	-31	-38
Other Investing Activities	-7	-14	-	-	-
Investing Cash Flow	-191	-327	-327	598	-114
Long-Term Debt Issued	531	467	255	210	108
Long-Term Debt Repaid	-363	-360	-163	-692	-17
Net Debt Issued (Repaid)	168	107	92	-482	91
Repurchase of Common Stock	-6	-2	-2	-2	-3
Common Dividends Paid	-387	-436	-423	-360	-433
Financing Cash Flow	-225	-331	-333	-844	-345
Net Cash Flow	-98	9	-151	215	-28
Free Cash Flow	175	386	193	320	355
Free Cash Flow Growth	-54.66%	100.00%	-39.69%	-9.86%	-36.83%
Free Cash Flow Margin	3.62%	7.95%	5.99%	8.48%	8.96%
Free Cash Flow Per Share	0.07	0.15	0.07	0.12	0.14
Cash Interest Paid	87	80	65	76	82
Cash Income Tax Paid	195	160	154	145	179
Levered Free Cash Flow	64.38	357	129.88	444	443
Unlevered Free Cash Flow	124.38	402.63	149.25	404.63	444.25
Change in Working Capital	-75	30	-33	-46	-57

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.