Vulcan Steel Cash Flow Statement

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

Millions NZD. 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	15.73	39.99	87.9	123.98	64.83
Depreciation & Amortization	50.39	48.46	45.14	27.37	29.44
Other Amortization	0.11	0.11	0.13	-	0.42
Loss (Gain) From Sale of Assets	-0.93	-1.77	-0.19	-0.16	-3.06
Provision & Write-off of Bad Debts	-	-	-	-	0.08
Other Operating Activities	1.63	1.03	-1.45	-	-0.62
Change in Accounts Receivable	12.64	24.34	28.9	-24.87	-32.38
Change in Inventory	22.95	73.28	38.58	-156.9	-2.35
Change in Accounts Payable	1.42	-15.85	-21.05	25.71	41.65
Change in Income Taxes	1.01	-0.87	-32.55	16.85	10.05
Operating Cash Flow	104.95	168.71	145.4	12.15	105.45
Operating Cash Flow Growth	-37.79%	16.03%	1097.13%	-88.48%	47.96%
Capital Expenditures	-21.32	-26.69	-22.95	-12.21	-5.66
Sale of Property, Plant & Equipment	4.1	2.7	0.26	0.62	10.21
Cash Acquisitions	-	-	-170.54	-	-5.37
Investing Cash Flow	-17.22	-23.98	-193.24	-11.59	-0.82
Long-Term Debt Issued	-	-	149.7	129.43	-
Long-Term Debt Repaid	-74.83	-83.75	-21.37	-12.87	-56.58
Net Debt Issued (Repaid)	-74.83	-83.75	128.33	116.57	-56.58
Issuance of Common Stock	-	-	-	-	0.88
Common Dividends Paid	-19.36	-57.42	-85.17	-104.14	-53
Financing Cash Flow	-94.19	-141.18	43.16	12.43	-108.7
Foreign Exchange Rate Adjustments	-0.29	0.24	-0.41	0.89	0.04
Miscellaneous Cash Flow Adjustments	-	-	1.37	-	-
Net Cash Flow	-6.74	3.79	-3.72	13.87	-4.03
Free Cash Flow	83.63	142.02	122.45	-0.06	99.79
Free Cash Flow Growth	-41.11%	15.98%	-	-	50.50%
Free Cash Flow Margin	8.82%	13.34%	9.84%	-0.01%	13.64%
Free Cash Flow Per Share	0.64	1.08	0.93	-	0.76
Cash Interest Paid	41.83	34.49	37.6	15.75	13.7
Cash Income Tax Paid	7.49	20.32	69.39	40.33	18.4
Levered Free Cash Flow	90.09	141.84	-16.04	-20.79	83.12
Unlevered Free Cash Flow	110.52	165.23	6.26	-11.88	90.97
Change in Working Capital	38.03	80.89	13.88	-139.05	14.36

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