Smartgroup Corporation 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	79.44	75.6	61.92	58.78	58.81
Depreciation & Amortization	8.58	8.21	6.19	7.14	8.54
Other Amortization	6.52	2.58	1.74	0.83	4.13
Loss (Gain) From Sale of Assets	-1.45	-3.32	1.5	0.02	1.37
Loss (Gain) on Equity Investments	-	-0.2	-0.3	-0.34	-0.25
Stock-Based Compensation	4.72	2.82	0.25	0.47	0.62
Other Operating Activities	-1.59	-0.98	-0.91	0.73	0.32
Change in Accounts Receivable	-2.29	-15.99	-4.66	5.47	-8.39
Change in Accounts Payable	-2.31	10.53	5.67	-7.45	8.37
Change in Income Taxes	10.4	-4.9	-3.79	0.34	5.39
Change in Other Net Operating Assets	-1.1	-1.52	-1.74	2.25	-9.54
Operating Cash Flow	97.77	77.54	65.2	66.14	68.9
Operating Cash Flow Growth	26.09%	18.93%	-1.43%	-4.00%	20.36%
Capital Expenditures	-13.6	-11.48	-8.52	-5.77	-3.61
Sale of Property, Plant & Equipment	3.31	0.27	-	-	-
Divestitures	-	3.22	-	-	0.18
Sale (Purchase) of Intangibles	-12.56	-16.86	-0.91	-9.16	-4.31
Investment in Securities	-	0.65	-	0.54	0.5
Other Investing Activities	1.66	1.36	0.75	0.29	0.01
Investing Cash Flow	-21.19	-22.84	-8.69	-14.11	-7.24
Long-Term Debt Issued	16.5	15	11.1	30	14
Long-Term Debt Repaid	-18.53	-3.99	-3.53	-7.36	-13.35
Net Debt Issued (Repaid)	-2.03	11.01	7.57	22.64	0.65
Issuance of Common Stock	1.96	1.94	0.88	2.06	1.48
Common Dividends Paid	-53.1	-44.63	-40.39	-47.91	-46.47
Financing Cash Flow	-67.85	-52.85	-50.43	-62.96	-63.49
Net Cash Flow	8.73	1.85	6.09	-10.92	-1.83
Free Cash Flow	84.18	66.06	56.68	60.37	65.29
Free Cash Flow Growth	27.42%	16.56%	-6.12%	-7.53%	16.40%
Free Cash Flow Margin	25.56%	21.60%	22.53%	26.87%	29.44%
Free Cash Flow Per Share	0.65	0.51	0.44	0.47	0.50
Cash Interest Paid	5.43	5.46	4.3	2.21	1.39
Cash Income Tax Paid	29.43	32.26	30.14	26.93	21.61
Levered Free Cash Flow	70.92	39.11	49.52	49.23	63.1
Unlevered Free Cash Flow	74.52	42.5	51.87	50.71	64.15
Change in Working Capital	1.54	-7.17	-5.19	-1.49	-4.65

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