McMillan Shakespeare 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	95.34	83.55	32.27	70.35	61.07
Depreciation & Amortization	61.3	58.1	58.95	59.59	58.93
Other Amortization	10.15	10.34	10.53	9.44	8.18
Loss (Gain) From Sale of Assets	33.11	33.42	52.31	41.42	70.11
Asset Writedown & Restructuring Costs	0.66	8.56	43.37	6.03	12.85
Loss (Gain) From Sale of Investments	-	-	-	-	-1.81
Stock-Based Compensation	2.96	2.74	1.24	1.61	1.1
Other Operating Activities	-2.09	0	-	-0.25	-0.83
Change in Accounts Receivable	-11.09	-11.73	2.62	0.77	22.17
Change in Accounts Payable	-9.52	-8.46	-2.16	-24.64	-3.66
Change in Unearned Revenue	4.15	1.7	-0.35	-4.02	9.64
Change in Income Taxes	9.45	24.91	9.86	-2.93	-1.43
Change in Other Net Operating Assets	-258.2	-303.39	-182.23	-56.65	-52.21
Operating Cash Flow	-59.7	-106	24.61	119.95	194.97
Operating Cash Flow Growth	-	-	-79.48%	-38.48%	3.45%
Capital Expenditures	-1.17	-0.88	-4.4	-1.07	-2.37
Cash Acquisitions	-8.69	-	-	-10.74	5.96
Divestitures	1.29	20.29	-	-22.4	-0.57
Sale (Purchase) of Intangibles	-18.11	-20.76	-11.91	-8.19	-7.57
Other Investing Activities	-	-	-	-	-3.52
Investing Cash Flow	-26.68	-1.35	-16.31	-42.39	-8.06
Long-Term Debt Issued	518.56	302.64	162.21	73.71	124.79
Long-Term Debt Repaid	-352.06	-38.7	-51.58	-97.4	-221.8
Net Debt Issued (Repaid)	166.5	263.95	110.63	-23.69	-97
Repurchase of Common Stock	-3.06	-3.03	-90.23	-	-0.16
Common Dividends Paid	-103.77	-98.89	-91.93	-50.38	-23.37
Financing Cash Flow	59.67	162.02	-71.52	-74.06	-120.54
Foreign Exchange Rate Adjustments	0.04	-0.01	0.71	-0.69	0.22
Miscellaneous Cash Flow Adjustments	-	37.7	-37.7	-	-
Net Cash Flow	-26.67	92.37	-100.22	2.8	66.59
Free Cash Flow	-60.87	-106.88	20.21	118.88	192.6
Free Cash Flow Growth	-	-	-83.00%	-38.28%	2.86%
Free Cash Flow Margin	-10.80%	-20.51%	4.35%	28.39%	35.38%
Free Cash Flow Per Share	-0.87	-1.52	0.28	1.53	2.47
Cash Interest Paid	39.94	23.64	8.85	8.22	9.94
Cash Income Tax Paid	23.7	17.67	18.06	13.81	30.26
Levered Free Cash Flow	96.65	193.65	37.68	170.32	179.3
Unlevered Free Cash Flow	121.41	209.46	43.78	172.94	184.54
Change in Working Capital	-261.13	-302.7	-174.07	-68.25	-18.16

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