NobleOak Life Cash Flow Statement

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	5.18	7.12	9.28	13.51	1.69	4.9
Depreciation & Amortization	1.26	1.36	1.31	1.4	1.79	1.24
Other Amortization	0.72	0.72	0.71	0.62	-	-
Gain (Loss) on Sale of Investments	0.2	0.2	-0.39	-0.16	0.12	0.35
Stock-Based Compensation	0.91	0.91	0.49	0.22	0.61	0.37
Change in Accounts Receivable	-27.24	-27.24	-43.37	-23.51	1.99	0.31
Reinsurance Recoverable	-22.11	-22.11	-18.12	-35.71	-	-
Change in Income Taxes	0.05	0.05	-2.91	2.21	-	-
Change in Deferred Taxes	9.87	9.87	5.4	-24.87	-	-
Change in Insurance Reserves / Liabilities	90.4	90.4	69.79	190.54	-	-
Change in Other Net Operating Assets	-3.69	-3.69	21.8	69.5	-2.19	0.61
Other Operating Activities	-5.58	1.15	0.44	-63.61	23.96	-8.5
Operating Cash Flow	49.97	58.74	44.42	130.14	27.98	-0.72
Operating Cash Flow Growth	29.83%	32.23%	-65.87%	365.16%	-	-
Capital Expenditures	-0.17	-0.11	-0.15	-0.34	-0.03	-0.1
Purchase / Sale of Intangible Assets	-	-	-0.26	-0.13	-4.46	-1.36
Investment in Securities	-60.4	-45.49	-29.46	-108.34	-48.84	-8.92
Investing Cash Flow	-60.57	-45.6	-29.86	-108.81	-53.33	-10.37
Total Debt Repaid	-0.72	-0.67	-0.58	-0.9	-0.9	-0.83
Net Debt Issued (Repaid)	-0.72	-0.67	-0.58	-0.9	-0.9	-0.83
Issuance of Common Stock	1.5	9.5	-	-	34.52	15.38
Common Dividends Paid	-	-	-	-	-8.16	-
Other Financing Activities	-0.36	-0.39	-0.44	-0.28	-1.7	-0.13
Financing Cash Flow	0.42	8.44	-1.01	-1.18	23.77	14.42
Net Cash Flow	-10.19	21.59	13.55	20.15	-1.58	3.33
Free Cash Flow	49.8	58.63	44.27	129.8	27.95	-0.82
Free Cash Flow Growth	29.80%	32.42%	-65.89%	364.46%	-	-
Free Cash Flow Margin	35.19%	47.29%	41.95%	37.36%	33.51%	-1.29%
Free Cash Flow Per Share	0.53	0.64	0.50	1.47	0.32	-0.01
Cash Interest Paid	0.36	0.39	0.44	0.28	0.05	0.09
Levered Free Cash Flow	-101.45	-61.84	-3.87	-44.97	21.37	6.35
Unlevered Free Cash Flow	-101.45	-61.84	-3.87	-44.97	21.4	6.4
Change in Working Capital	47.27	47.27	32.59	178.17	-0.2	0.92

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