Winton Land Cash Flow Statement

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

Millions NZD. 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	11.43	10.32	15.75	64.64	31.66	46.09
Depreciation & Amortization	6.47	5.32	3.47	1.36	0.72	0.64
Asset Writedown & Restructuring Costs	-5.06	-5.06	1.72	-6.82	-	-
Stock-Based Compensation	1.18	1.18	1.21	1.28	0.59	-
Provision & Write-off of Bad Debts	-	-	-	-	-	-0.85
Other Operating Activities	-40.55	-1.32	-13.13	21.45	7.47	2.54
Change in Accounts Receivable	1.15	1.15	1.02	-1.95	0.29	-1.48
Change in Inventory	26.43	26.43	9.44	-74.83	-53.11	12.39
Change in Accounts Payable	-9.69	-9.69	-5.95	4.84	8.5	5.48
Change in Unearned Revenue	-	-	-	-	-7.23	7.23
Change in Income Taxes	-	-	-	-	-	15.25
Change in Other Net Operating Assets	14.02	14.02	0.68	0.81	2.49	-3.2
Operating Cash Flow	5.38	42.35	14.21	10.78	-8.62	84.08
Operating Cash Flow Growth	-77.45%	198.00%	31.80%	-	-	-
Capital Expenditures	-9.82	-19.5	-42.05	-26.2	-7.16	-0.31
Sale of Property, Plant & Equipment	1.33	0.76	0.01	1.44	-	-
Sale (Purchase) of Intangibles	-0.03	-0.04	-0.08	-2.88	-	-
Sale (Purchase) of Real Estate	-	-	-0.72	-63.97	-43.62	-
Other Investing Activities	-37.07	-72.64	-56.87	-37.31	-15.13	-
Investing Cash Flow	-45.6	-91.42	-99.7	-128.91	-65.9	-0.31
Long-Term Debt Issued	-	83.67	77.32	-	-	130
Total Debt Issued	77.31	83.67	77.32	-	-	130
Long-Term Debt Repaid	-	-56.01	-18.41	-1.1	-130.31	-133.8
Net Debt Issued (Repaid)	28.58	27.66	58.91	-1.1	-130.31	-3.8
Issuance of Common Stock	-	-	-	-	350	-
Common Dividends Paid	-	-	-8.04	-9.28	-	-18.85
Other Financing Activities	-	-	-	-	24.63	-43.09
Financing Cash Flow	28.58	27.66	50.87	-10.38	244.32	-65.73
Net Cash Flow	-11.64	-21.41	-34.62	-128.51	169.8	18.05
Free Cash Flow	-4.45	22.85	-27.84	-15.42	-15.78	83.78
Free Cash Flow Margin	-4.16%	14.70%	-16.04%	-6.98%	-9.89%	47.34%
Free Cash Flow Per Share	-0.01	0.07	-0.09	-0.05	-0.06	0.41
Cash Interest Paid	-	2.27	2.46	1.63	7.45	9.2
Cash Income Tax Paid	5.08	6.08	24.88	9.12	11.55	-0.07
Levered Free Cash Flow	-25.61	11.89	-31.96	51.54	9.25	51.9
Unlevered Free Cash Flow	-24.33	13.31	-30.42	52.57	10.39	55.82
Change in Working Capital	31.9	31.9	5.2	-71.13	-49.05	35.66

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.