FRA:BZTA 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	410.4	420.7	5.5	43.2	191.6	466.6
Depreciation & Amortization	220.1	200.7	168.4	145.3	113.1	120.9
Loss (Gain) From Sale of Assets	0.6	0.7	1.3	3.4	-	0.3
Asset Writedown & Restructuring Costs	-99.8	-124.3	27.3	159.1	-196.1	-518.4
Loss (Gain) on Equity Investments	-4.9	-3.4	4.5	-11.1	12.8	-21.1
Stock-Based Compensation	0.1	-	-	0.1	-	-
Other Operating Activities	57.2	17.3	203	-86	-7.6	41
Change in Accounts Receivable	-1.2	-8.2	-30.7	-23.1	-3.1	9.3
Change in Accounts Payable	-42.9	-39.9	51.4	73.8	-9.3	-39.4
Change in Income Taxes	-66.7	10.9	66.8	20.2	-0.7	0.7
Change in Other Net Operating Assets	0.2	-0.2	-1.2	0.2	0.5	0.7
Operating Cash Flow	473.1	474.3	496.3	325.1	101.2	60.6
Operating Cash Flow Growth	-0.15%	-4.43%	52.66%	221.25%	67.00%	-65.53%
Capital Expenditures	-903.4	-1,003	-901.9	-484.5	-232.8	-148
Sale of Property, Plant & Equipment	-	-	-	-	0.4	0.4
Sale (Purchase) of Real Estate	-37	-106.6	-230.1	-106.8	-39.8	-58.1
Investment in Securities	4.6	4.5	8	-4.3	-11	-10.4
Investing Cash Flow	-935.8	-1,105	-1,124	-595.6	-283.2	-216.1
Long-Term Debt Issued	-	412.1	1,686	753	200.6	105
Long-Term Debt Repaid	-	-655	-845.3	-401	-72	-714.9
Net Debt Issued (Repaid)	157.1	-242.9	841	352	128.6	-609.9
Issuance of Common Stock	-	1,375	-	-	-	-
Common Dividends Paid	-123	-153	-99.8	-	-	-
Other Financing Activities	325	-	-	-	-1.4	79.6
Financing Cash Flow	358.9	979	741.2	352	127.2	-530.3
Net Cash Flow	-103.8	348.1	113.5	81.5	-54.8	-685.8
Free Cash Flow	-430.3	-528.8	-405.6	-159.4	-131.6	-87.4
Free Cash Flow Margin	-43.81%	-55.45%	-47.33%	-26.35%	-45.16%	-32.56%
Free Cash Flow Per Share	-0.25	-0.33	-0.27	-0.11	-0.09	-0.06
Cash Interest Paid	63.5	73.8	68.1	57.9	51.5	98
Cash Income Tax Paid	138	104.5	31.5	-	-	0.6
Levered Free Cash Flow	-538.83	-591.93	-419.4	-147.99	-141.85	-97.31
Unlevered Free Cash Flow	-495.2	-546.74	-374.15	-108.36	-109.35	-38.25
Change in Working Capital	-110.6	-37.4	86.3	71.1	-12.6	-28.7

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