Letshego Africa Holdings Cash Flow Statement

Financials in millions BWP. Fiscal year is January - December.

Millions BWP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-11.45	-158.97	-201.05	287.88	671.55	575.72
Depreciation & Amortization	83.31	89.98	90.76	79.25	86	71.65
Other Amortization	48.08	27.9	10.76	10.78	12.68	13.34
Loss (Gain) From Sale of Investments	-	-	-9.27	36.03	-8.21	-7.18
Asset Writedown & Restructuring Costs	66.49	60.91	628.67	23.96	2.46	-
Provision for Credit Losses	635.73	721.86	-162.81	374.47	161.12	224.4
Stock-Based Compensation	-16.26	-16.26	10.7	19.91	18.67	16.54
Change in Accounts Payable	176.36	-467.63	210.96	-250.37	251.31	160.78
Change in Other Net Operating Assets	-30.22	-184.34	-1,216	-1,173	-1,512	-1,089
Other Operating Activities	-7.65	167.18	5.76	193.67	-169.01	-303.47
Operating Cash Flow	945.55	241.8	-616.48	-397.33	-485.81	-336.3
Capital Expenditures	-64.63	-46.43	-26.05	-71.52	-112.91	-41.2
Sale (Purchase) of Intangibles	-11.47	-27.42	-120.03	-222.53	-2.93	-4.12
Investment in Securities	106.91	207.72	-176.39	131.37	-859.5	-
Investing Cash Flow	30.8	133.87	-322.47	-162.68	-975.33	-45.32
Long-Term Debt Issued	-	2,220	3,450	3,426	2,817	1,274
Total Debt Issued	1,821	2,220	3,450	3,426	2,817	1,274
Long-Term Debt Repaid	-	-2,255	-1,955	-2,825	-685.02	-555.88
Total Debt Repaid	-2,292	-2,255	-1,955	-2,825	-685.02	-555.88
Net Debt Issued (Repaid)	-470.59	-35.27	1,494	601.07	2,132	717.91
Repurchase of Common Stock	-	-20	-	-	-	-
Common Dividends Paid	-	-	-320.18	-332.73	-332.89	-246.64
Other Financing Activities	-81.77	-76.74	-80.38	-63.52	-53.04	-31.8
Financing Cash Flow	-552.35	-132	1,094	204.83	1,746	439.47
Foreign Exchange Rate Adjustments	-28.15	18.71	-15.77	-5.53	83.79	-43.43
Net Cash Flow	395.84	262.37	139.06	-360.71	368.76	14.41
Free Cash Flow	880.91	195.36	-642.53	-468.85	-598.71	-377.5
Free Cash Flow Margin	32.07%	8.68%	-29.63%	-23.74%	-26.45%	-15.25%
Free Cash Flow Per Share	0.41	0.09	-0.30	-0.21	-0.26	-0.16
Cash Interest Paid	1,600	1,563	1,659	1,389	1,134	837.91
Cash Income Tax Paid	618.38	297.06	320.89	345	422.61	536.26

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