Medibank Private 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	500.8	492.5	308.6	393.9	441.2
Depreciation & Amortization	52.1	48.7	40.7	41.2	45.1
Other Amortization	43.9	40.7	38.8	73.8	76.9
Gain (Loss) on Sale of Investments	-33.8	-19.5	-30.4	80.7	-69
Stock-Based Compensation	8.5	3.3	6.7	5.9	5.2
Change in Accounts Receivable	-20.8	9.9	-5.5	-11.1	-8.8
Change in Accounts Payable	38.1	35.7	13.2	34.2	15.7
Change in Unearned Revenue	-	-	-	137.4	11.3
Change in Income Taxes	-15.7	146.3	-214.8	123.2	-63.9
Change in Deferred Taxes	-5.5	-63.3	26.5	-157.1	4.3
Change in Insurance Reserves / Liabilities	-48	295.9	113	239.6	-7.7
Change in Other Net Operating Assets	4.5	24.4	-9.1	82.8	121.4
Other Operating Activities	-154.2	-153.2	-104.6	-51.9	-48.2
Operating Cash Flow	380.9	868.5	184.5	948.5	482.2
Operating Cash Flow Growth	-56.14%	370.73%	-80.55%	96.70%	-15.76%
Capital Expenditures	-11.2	-7	-7.8	-7	-10.9
Purchase / Sale of Intangible Assets	-58.6	-50.6	-34.1	-28.1	-24.2
Cash Acquisitions	1.6	-37.2	-	-	-
Investment in Securities	37.7	-147.5	26.7	-602.7	-284.1
Other Investing Activities	141	131.5	73.7	14.2	13.1
Investing Cash Flow	110.5	-110.8	58.5	-623.6	-306.1
Total Debt Repaid	-46.8	-50	-39.7	-38.8	-37
Net Debt Issued (Repaid)	-46.8	-50	-39.7	-38.8	-37
Repurchases of Common Stock	-6.4	-7.5	-4.9	-3.1	-5.6
Common Dividends Paid	-473.7	-426.9	-374.5	-358	-333.2
Other Financing Activities	-6.9	-2.9	-	-	-
Financing Cash Flow	-533.8	-487.3	-419.1	-399.9	-375.8
Net Cash Flow	-42.4	270.4	-176.1	-75	-199.7
Free Cash Flow	369.7	861.5	176.7	941.5	471.3
Free Cash Flow Growth	-57.09%	387.55%	-81.23%	99.77%	-17.20%
Free Cash Flow Margin	4.32%	10.73%	2.39%	13.25%	6.70%
Free Cash Flow Per Share	0.13	0.31	0.06	0.34	0.17
Cash Income Tax Paid	240.8	132.2	317.6	200.3	250.1
Levered Free Cash Flow	440.78	785.05	-459.54	469.19	254.71
Unlevered Free Cash Flow	447.65	788.43	-458.41	470.69	256.46
Change in Working Capital	-47.4	448.9	-76.7	409.4	30

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