PSG Financial Services Cash Flow Statement

Financials in millions ZAR. Fiscal year is March - February.

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	2016 - 2020
Net Income	1,441	1,274	1,034	950.27	920.91	697.69	Upgrade
Depreciation & Amortization, Total	203.2	196.94	181.67	172.42	166.7	165.18	Upgrade
Stock-Based Compensation	73.61	73.61	60.94	51.75	43.91	33.83	Upgrade
Change in Accounts Receivable	-54.81	-54.81	-187.14	271.96	-166.06	-152.27	Upgrade
Change in Accounts Payable	108.31	108.31	228.11	-358.49	534.77	150.83	Upgrade
Change in Other Net Operating Assets	-2,336	-2,336	-3,460	-2,155	-2,442	-1,252	Upgrade
Other Operating Activities	2,312	3,062	2,808	2,382	1,696	1,862	Upgrade
Operating Cash Flow	1,765	2,341	667.91	1,326	758.06	1,520	Upgrade
Capital Expenditures	-51.55	-54.42	-60.06	-27.3	-24.3	-48.33	Upgrade
Cash Acquisitions	-	-	-	-0.17	-	-21.65	Upgrade
Sale (Purchase) of Intangibles	-51.51	-43.55	-97.27	-34.17	-38.13	-119.52	Upgrade
Investment in Securities	-105.14	-105.14	80.03	-	-62.95	-261.64	Upgrade
Other Investing Activities	-69.73	-2.03	-1.04	-0.68	-0.49	-0.71	Upgrade
Investing Cash Flow	-272.08	-199.28	-76.7	-60.77	-117.13	-450.96	Upgrade
Long-Term Debt Repaid	-	-79.33	-75.11	-68.8	-58.98	-51.08	Upgrade
Net Debt Issued (Repaid)	-82.75	-79.33	-75.11	-68.8	-58.98	-51.08	Upgrade
Issuance of Common Stock	-	-	-	-	-	4.55	Upgrade
Repurchase of Common Stock	-296.6	-330.27	-207.25	-415.85	-109.59	-166.8	Upgrade
Common Dividends Paid	-651.11	-574.04	-492.08	-431.98	-350.58	-307.78	Upgrade
Other Financing Activities	-229.52	-142.48	-83.8	-76.82	-48.48	-6.06	Upgrade
Financing Cash Flow	-1,260	-1,126	-858.24	-993.45	-567.62	-527.17	Upgrade
Foreign Exchange Rate Adjustments	-11.57	-12.27	4.58	34.67	4.13	2.21	Upgrade
Net Cash Flow	220.91	1,003	-262.44	306.15	77.45	543.7	Upgrade
Free Cash Flow	1,713	2,286	607.86	1,298	733.76	1,471	Upgrade
Free Cash Flow Growth	26.01%	276.14%	-53.18%	76.95%	-50.13%	125.96%	Upgrade
Free Cash Flow Margin	18.30%	26.00%	7.85%	19.08%	12.24%	28.24%	Upgrade
Free Cash Flow Per Share	1.35	1.79	0.47	0.97	0.55	1.10	Upgrade
Cash Interest Paid	34.01	32.81	33.85	36.47	7.41	5.15	Upgrade
Cash Income Tax Paid	541.62	526.37	427.36	385.61	389.44	302.43	Upgrade

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