JSE:AFH Cash Flow Statement

Financials in millions ZAR. Fiscal year is April - March.

Millions ZAR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	841	883	672	704	495
Depreciation & Amortization	185	180	163	208	223
Other Amortization	88	65	46	44	32
Asset Writedown & Restructuring Costs	8	-	90	18	2
Loss (Gain) From Sale of Investments	-1	-	1	1	4
Stock-Based Compensation	-57	128	128	130	90
Other Operating Activities	5,649	-121	668	-350	890
Change in Accounts Receivable	104	-5	64	-54	-35
Change in Accounts Payable	124	37	-54	105	91
Operating Cash Flow	6,927	1,154	1,813	729	1,827
Operating Cash Flow Growth	500.26%	-36.35%	148.70%	-60.10%	-
Capital Expenditures	-215	-167	-221	-142	-115
Cash Acquisitions	-3	-9	-84	-94	-
Sale (Purchase) of Intangibles	-6	-9	-45	-98	-
Investment in Securities	-146	-46	-205	-168	537
Other Investing Activities	-	40	31	130	-207
Investing Cash Flow	-370	-191	-524	-372	215
Long-Term Debt Issued	47	411	146	202	-
Total Debt Issued	47	411	146	202	-
Long-Term Debt Repaid	-148	-262	-163	-181	-160
Total Debt Repaid	-148	-262	-163	-181	-160
Net Debt Issued (Repaid)	-101	149	-17	21	-160
Issuance of Common Stock	2	-	2	9	14
Repurchase of Common Stock	-	-168	-108	-83	-229
Common Dividends Paid	-871	-1,440	-603	-449	-275
Other Financing Activities	7	-	-	-	-
Financing Cash Flow	-714	-1,459	-726	-502	-650
Foreign Exchange Rate Adjustments	-8	-2	35	50	-18
Net Cash Flow	5,835	-498	598	-95	1,374
Free Cash Flow	6,712	987	1,592	587	1,712
Free Cash Flow Growth	580.04%	-38.00%	171.21%	-65.71%	-
Free Cash Flow Margin	106.93%	17.47%	31.47%	13.08%	40.78%
Free Cash Flow Per Share	5.08	0.78	1.24	0.45	1.26
Cash Interest Paid	82	86	72	56	63
Cash Income Tax Paid	367	290	238	209	235
Levered Free Cash Flow	1,118	557.13	662.75	1,152	777
Unlevered Free Cash Flow	1,170	612.13	709	1,188	815.13
Change in Working Capital	228	32	10	51	56