Bega Cheese Cash Flow Statement

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

Millions AUD. Fiscal year is Jul - Jun.

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

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