AECI Ltd Cash Flow Statement

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-286	1,544	2,444	2,047	1,190
Depreciation & Amortization	-	1,154	1,053	1,026	1,032
Loss (Gain) From Sale of Assets	-	-44	8	-17	-13
Asset Writedown & Restructuring Costs	-	377	20	471	-
Stock-Based Compensation	-	38	51	62	53
Provision & Write-off of Bad Debts	-	-47	209	123	62
Other Operating Activities	2,618	-1,275	-1,355	-1,065	204
Change in Accounts Receivable	-	-562	349	-2,046	-778
Change in Inventory	-	773	612	-2,065	-1,151
Change in Accounts Payable	-	-263	-5	1,567	777
Change in Other Net Operating Assets	137	-22	81	-26	59
Operating Cash Flow	2,469	1,883	3,594	77	1,435
Operating Cash Flow Growth	31.12%	-47.61%	4567.53%	-94.63%	-54.18%
Capital Expenditures	-835	-973	-1,303	-1,539	-772
Sale of Property, Plant & Equipment	178	128	14	99	85
Cash Acquisitions	-37	-	-56	-	-
Divestitures	2,213	-	-	9	-
Sale (Purchase) of Intangibles	-	-	-	-5	-2
Sale (Purchase) of Real Estate	-	-	-	-8	-5
Investment in Securities	-305	-120	-36	-20	55
Other Investing Activities	25	-70	-58	-173	-32
Investing Cash Flow	1,239	-1,035	-1,439	-1,637	-671
Short-Term Debt Issued	-	-	-	30	-
Long-Term Debt Issued	1,760	578	4,182	3,254	446
Total Debt Issued	1,760	578	4,182	3,284	446
Long-Term Debt Repaid	-3,415	-806	-5,819	-923	-2,075
Total Debt Repaid	-3,415	-806	-5,819	-923	-2,075
Net Debt Issued (Repaid)	-1,655	-228	-1,637	2,361	-1,629
Common Dividends Paid	-359	-155	-733	-760	-709
Other Financing Activities	-21	11	86	-85	-77
Financing Cash Flow	-2,035	-372	-2,284	1,516	-2,415
Foreign Exchange Rate Adjustments	-198	40	97	86	108
Net Cash Flow	1,475	516	-32	42	-1,543
Free Cash Flow	1,634	910	2,291	-1,462	663
Free Cash Flow Growth	79.56%	-60.28%	-	-	-73.50%
Free Cash Flow Margin	5.08%	2.71%	6.56%	-4.11%	2.54%
Free Cash Flow Per Share	15.30	8.56	21.32	-13.78	6.21
Cash Interest Paid	-	595	581	329	224
Cash Income Tax Paid	-	907	989	954	528
Levered Free Cash Flow	1,893	-167.13	2,138	-1,664	361.25
Unlevered Free Cash Flow	2,193	236	2,529	-1,413	522.5
Change in Working Capital	137	-74	1,037	-2,570	-1,093

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.