Bega Cheese Cash Flow Statement

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 28, 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	8.2	-8.5	30.5	-229.9	24.2	78
Depreciation & Amortization	75	75.1	74.2	86.8	93.2	62.2
Other Amortization	15.8	15.8	13.9	15.1	10.5	10.6
Loss (Gain) From Sale of Assets	-3.5	-3.5	-22.3	-16.6	-1.7	0.1
Asset Writedown & Restructuring Costs	43.3	43.3	2.7	270.9	-	2.6
Loss (Gain) on Equity Investments	-	-	-	0.8	-1.9	-3.5
Stock-Based Compensation	2.1	2.1	0.3	-0.4	-1.9	6.4
Other Operating Activities	-42.2	3.8	-0.9	4.3	16.5	-85.2
Change in Accounts Receivable	153.7	153.7	-44.1	-33	65	8.6
Change in Inventory	-12.4	-12.4	70.6	-116.1	27.4	-13.8
Change in Accounts Payable	-113.2	-113.2	42.1	49.5	-52.2	19
Change in Income Taxes	-18.8	-18.8	-16.6	-34.9	-2.1	20.4
Change in Other Net Operating Assets	27.6	27.6	-16.1	11.7	-18.8	6
Operating Cash Flow	135.6	165	134.3	8.2	158.2	111.4
Operating Cash Flow Growth	7.45%	22.86%	1537.81%	-94.82%	42.01%	-19.28%
Capital Expenditures	-98.1	-88.2	-63	-61	-65.8	-22.2
Sale of Property, Plant & Equipment	17.8	19.8	27.9	116.1	7	-
Cash Acquisitions	-	-	-12.4	-	-	-514.5
Sale (Purchase) of Intangibles	-1.4	-4.7	-4.8	-7.1	-6	-10
Investment in Securities	-3.2	-3.2	-	51.9	1	-
Other Investing Activities	-4.5	-	-	-	-	-
Investing Cash Flow	-89.4	-76.3	-52.3	99.9	-63.8	-546.7
Long-Term Debt Issued	-	109	228	-	310	205
Long-Term Debt Repaid	-	-114	-291.4	-59.8	-418	-72.3
Net Debt Issued (Repaid)	7.1	-5	-63.4	-59.8	-108	132.7
Issuance of Common Stock	-	-	-	-	-	390.2
Common Dividends Paid	-34.3	-28.4	-19.4	-26.8	-28.7	-23.3
Financing Cash Flow	-28.8	-33.4	-82.8	-86.6	-136.7	499.6
Net Cash Flow	17.4	55.3	-0.8	21.5	-42.3	64.3
Free Cash Flow	37.5	76.8	71.3	-52.8	92.4	89.2
Free Cash Flow Growth	-41.86%	7.71%	-	-	3.59%	-6.30%
Free Cash Flow Margin	1.03%	2.17%	2.02%	-1.56%	3.07%	4.30%
Free Cash Flow Per Share	0.12	0.25	0.23	-0.17	0.30	0.34
Cash Interest Paid	31.2	32.4	32.7	20.8	9	6.8
Cash Income Tax Paid	12.6	21.2	25.8	8.6	11.9	0.7
Levered Free Cash Flow	46.29	80.86	64.56	25.53	61.29	87.24
Unlevered Free Cash Flow	65.79	101.11	85	38.53	66.91	91.49
Change in Working Capital	36.9	36.9	35.9	-122.8	19.3	40.2

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