Turnstar Holdings Cash Flow Statement

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

Millions BWP. Fiscal year is Feb - Jan.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Net Income	50.71	135.46	147.23	119.76	100.94
Depreciation & Amortization	-	0.65	0.47	0.5	0.96
Asset Writedown	-	-41.08	-49.78	-1.32	8.9
Change in Accounts Receivable	-	-5.38	9.43	-1.72	5.67
Change in Accounts Payable	-	-1.87	5.93	4.25	8.18
Change in Other Net Operating Assets	-	-0.42	-9.09	-3.53	3.39
Other Operating Activities	95.81	50.31	28.03	4.04	13.59
Operating Cash Flow	146.52	137.67	132.21	121.98	141.63
Operating Cash Flow Growth	6.43%	4.13%	8.39%	-13.87%	12.13%
Acquisition of Real Estate Assets	-6.72	-5.63	-6.2	-5.82	-9.95
Sale of Real Estate Assets	-	-	-	-	0.05
Net Sale / Acq. of Real Estate Assets	-6.72	-5.63	-6.2	-5.82	-9.9
Investing Cash Flow	-6.72	-5.63	-6.2	-5.82	-9.9
Long-Term Debt Issued	-	-	60.17	-	-
Long-Term Debt Repaid	-	-	-11.75	-65.7	-38.77
Net Debt Issued (Repaid)	-	-	48.42	-65.7	-38.77
Common Dividends Paid	-114.43	-114.43	-108.71	-102.99	-102.99
Foreign Exchange Rate Adjustments	-4.27	-0.18	-0.31	-0.8	0.11
Net Cash Flow	21.1	17.43	65.41	-53.33	-9.92
Cash Interest Paid	43.24	38.89	38.79	30.9	21.28
Cash Income Tax Paid	3.01	2.66	3.12	3.47	1.66
Levered Free Cash Flow	81.46	92.69	92.67	78.76	97.9
Unlevered Free Cash Flow	108.48	117	116.91	98.08	111.2
Change in Working Capital	-	-7.67	6.27	-1	17.24