Ventia Services Group 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	272.2	220.2	189.8	191.2	19.5
Depreciation & Amortization	104.7	116.5	124	128.1	153.8
Other Amortization	17.8	24.8	24.1	32.7	83
Loss (Gain) on Equity Investments	0.6	-0.8	-2.6	-0.9	4
Stock-Based Compensation	5.9	5.2	4.4	7.6	3.1
Other Operating Activities	39.8	34.3	20.9	5.9	-52.1
Change in Accounts Receivable	-30.4	30.3	-85.3	-130.9	-57.8
Change in Inventory	0.8	1.1	-4.1	-10.7	-0.4
Change in Accounts Payable	-31.3	-64.5	75.5	139.7	83.4
Change in Other Net Operating Assets	-1.2	-10.9	-40.8	-72.8	-87.3
Operating Cash Flow	378.9	356.2	305.9	289.9	124.6
Operating Cash Flow Growth	6.37%	16.44%	5.52%	132.67%	51.03%
Capital Expenditures	-73.8	-55.6	-40	-31.6	-27
Sale of Property, Plant & Equipment	1.5	1.6	6.2	4	3.2
Cash Acquisitions	-18.8	-11.9	-	-15.7	-0.2
Divestitures	-	-	-	-	89.2
Sale (Purchase) of Intangibles	-36.3	-13.4	-10.9	-6.8	-9.3
Investing Cash Flow	-127.4	-79.3	-44.7	-50.1	55.9
Long-Term Debt Issued	-	-	-	-	750
Long-Term Debt Repaid	-61.6	-59	-62.2	-64.4	-1,448
Net Debt Issued (Repaid)	-61.6	-59	-62.2	-64.4	-698.4
Issuance of Common Stock	-	-	-	-	373.8
Repurchase of Common Stock	-165.8	-	-	-	-4.5
Common Dividends Paid	-178.4	-158.6	-139.9	-75.5	-38.5
Other Financing Activities	-	-4.8	-	-	-77.1
Financing Cash Flow	-405.8	-222.4	-202.1	-139.9	-444.7
Foreign Exchange Rate Adjustments	-2.2	-0.4	-0.4	-0.1	0.1
Net Cash Flow	-156.5	54.1	58.7	99.8	-264.1
Free Cash Flow	305.1	300.6	265.9	258.3	97.6
Free Cash Flow Growth	1.50%	13.05%	2.94%	164.65%	57.67%
Free Cash Flow Margin	4.97%	4.92%	4.68%	5.00%	2.14%
Free Cash Flow Per Share	0.36	0.35	0.31	0.30	0.16
Cash Interest Paid	58.2	52.1	55	34.4	103.6
Cash Income Tax Paid	73.8	59	58.2	25.7	35.3
Levered Free Cash Flow	212.4	285.23	164	257.87	176.53
Unlevered Free Cash Flow	243.52	314.28	190.92	273.3	216.03
Change in Working Capital	-62.1	-44	-54.7	-74.7	-62.1

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