Cochlear 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	388.9	356.8	300.6	289.1	323.8
Depreciation & Amortization	86.8	77.9	71.9	64.5	68.8
Other Amortization	3.6	7	9	8.5	7.6
Loss (Gain) From Sale of Assets	-0.1	0.5	0.8	0.6	0.2
Loss (Gain) From Sale of Investments	2.6	1.3	6.4	-17.3	-52
Loss (Gain) on Equity Investments	0.9	0.6	0.2	-	1.7
Stock-Based Compensation	22.1	19.6	15.9	10.8	8.1
Other Operating Activities	-	-0.3	-	-1.7	-1.6
Change in Accounts Receivable	-101.7	-53.6	-89	-52.2	-60.8
Change in Inventory	-107.8	-80.1	-41.3	-54.1	7.7
Change in Accounts Payable	-4.8	32.8	37.7	29.1	31.8
Change in Unearned Revenue	8.6	3.9	8.9	15.7	-2.5
Change in Income Taxes	8.3	8.8	24.2	29.6	5.9
Change in Other Net Operating Assets	-31.2	26.4	31.9	8.9	-108.9
Operating Cash Flow	237.6	388.8	362.4	376.5	265.4
Operating Cash Flow Growth	-38.89%	7.29%	-3.74%	41.86%	-
Capital Expenditures	-62.4	-62.4	-50	-44.5	-41.2
Sale (Purchase) of Intangibles	-40.2	-27.4	-45.9	-32.7	-25.5
Investment in Securities	-12.6	-15.9	-29.8	-61.7	346.6
Investing Cash Flow	-115.2	-105.7	-125.7	-138.9	279.9
Long-Term Debt Issued	-	-	-	-	1.7
Long-Term Debt Repaid	-36.2	-32.4	-72.7	-25.6	-423.6
Net Debt Issued (Repaid)	-36.2	-32.4	-72.7	-25.6	-421.9
Issuance of Common Stock	0.1	0.1	-	-	-
Repurchase of Common Stock	-28.3	-43	-29.6	-	-
Common Dividends Paid	-278.2	-245.7	-197.4	-194	-75.6
Other Financing Activities	-24.3	-2.8	-10.7	-1.1	2.4
Financing Cash Flow	-366.9	-323.8	-310.4	-220.7	-495.1
Foreign Exchange Rate Adjustments	6.6	-1.2	-0.1	2.8	-5.6
Net Cash Flow	-237.9	-41.9	-73.8	19.7	44.6
Free Cash Flow	175.2	326.4	312.4	332	224.2
Free Cash Flow Growth	-46.32%	4.48%	-5.90%	48.08%	-
Free Cash Flow Margin	7.48%	14.60%	16.14%	20.14%	14.97%
Free Cash Flow Per Share	2.67	4.97	4.74	5.05	3.41
Cash Interest Paid	11	9.2	9.4	8.6	12
Cash Income Tax Paid	156	131.5	79.3	26.1	14.4
Levered Free Cash Flow	97.44	246.05	230.56	240.29	122.41
Unlevered Free Cash Flow	104.31	251.8	236.44	245.66	129.91
Change in Working Capital	-267.2	-74.6	-42.4	22	-91.2

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