African Rainbow Minerals Cash Flow Statement

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

Millions ZAR. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
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	2016 - 2020
Net Income	330	3,146	8,080	12,426	12,626	Upgrade
Depreciation & Amortization	978	9,373	879	854	809	Upgrade
Loss (Gain) From Sale of Investments	-	-	-7	47	-1	Upgrade
Stock-Based Compensation	-	-	254	263	220	Upgrade
Other Operating Activities	3,998	-4,792	3,159	42	1,651	Upgrade
Change in Accounts Receivable	-532	378	2,071	-737	-4,630	Upgrade
Change in Inventory	225	-237	-518	70	54	Upgrade
Change in Accounts Payable	-361	-223	-512	-973	-729	Upgrade
Change in Other Net Operating Assets	454	-48	171	-	-	Upgrade
Operating Cash Flow	5,092	7,597	12,909	11,063	8,687	Upgrade
Operating Cash Flow Growth	-32.97%	-41.15%	16.69%	27.35%	32.71%	Upgrade
Capital Expenditures	-2,658	-6,292	-4,456	-2,202	-1,657	Upgrade
Sale of Property, Plant & Equipment	30	4	6	6	3	Upgrade
Cash Acquisitions	-3	-53	-3,441	-	-	Upgrade
Investment in Securities	198	-215	287	-296	816	Upgrade
Investing Cash Flow	-2,433	-6,556	-7,511	-2,492	-838	Upgrade
Short-Term Debt Issued	154	456	-	-	-	Upgrade
Long-Term Debt Issued	771	479	-	-	264	Upgrade
Total Debt Issued	925	935	-	-	264	Upgrade
Short-Term Debt Repaid	-2	-8	-154	-14	-187	Upgrade
Long-Term Debt Repaid	-60	-54	-97	-95	-461	Upgrade
Total Debt Repaid	-62	-62	-251	-109	-648	Upgrade
Net Debt Issued (Repaid)	863	873	-251	-109	-384	Upgrade
Issuance of Common Stock	-	-	-	7	44	Upgrade
Repurchase of Common Stock	-560	-78	-141	-225	-	Upgrade
Common Dividends Paid	-2,644	-3,529	-6,666	-6,270	-3,322	Upgrade
Financing Cash Flow	-2,341	-2,734	-7,058	-6,597	-3,662	Upgrade
Foreign Exchange Rate Adjustments	-1	-2	21	14	-44	Upgrade
Net Cash Flow	317	-1,695	-1,639	1,988	4,143	Upgrade
Free Cash Flow	2,434	1,305	8,453	8,861	7,030	Upgrade
Free Cash Flow Growth	86.51%	-84.56%	-4.60%	26.05%	22.45%	Upgrade
Free Cash Flow Margin	20.87%	11.43%	57.65%	52.38%	35.76%	Upgrade
Free Cash Flow Per Share	12.41	6.65	43.02	45.20	35.63	Upgrade
Cash Interest Paid	260	97	69	46	45	Upgrade
Cash Income Tax Paid	408	600	1,517	2,303	2,291	Upgrade
Levered Free Cash Flow	-3,487	4,119	2,480	4,274	2,351	Upgrade
Unlevered Free Cash Flow	-3,264	4,239	2,518	4,354	2,463	Upgrade
Change in Working Capital	-214	-130	1,212	-1,640	-5,305	Upgrade

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