JSE:AON Cash Flow Statement

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

Millions ZAR. 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	12.64	-1.84	48.37	29.11	10.87
Depreciation & Amortization	89.78	95.26	88.05	71.79	71.82
Other Amortization	1.07	5.98	3.03	5.36	3.98
Loss (Gain) From Sale of Assets	0.54	0.04	1.4	3.04	2.52
Asset Writedown & Restructuring Costs	-	7.48	-	0.31	7.24
Loss (Gain) From Sale of Investments	1.92	4.88	-	-	-
Loss (Gain) on Equity Investments	3.36	1.72	4.26	4.27	0.94
Stock-Based Compensation	2.38	4.89	-	0.7	1.81
Provision & Write-off of Bad Debts	-1.03	-4.97	2.88	0.11	-
Other Operating Activities	16.2	-23.63	8.07	-12.3	-24.61
Change in Accounts Receivable	-6.83	15.46	-7.3	-6.04	-8.32
Change in Inventory	-17.38	23.89	-29.91	-43.8	43.45
Change in Accounts Payable	17.06	-16.11	0.22	0.62	1.65
Operating Cash Flow	119.7	113.16	119.06	64.18	112.13
Operating Cash Flow Growth	5.78%	-4.96%	85.52%	-42.77%	23.02%
Capital Expenditures	-19.4	-75.72	-113.47	-13.03	-4.17
Sale of Property, Plant & Equipment	-	0.08	0.07	0.31	-
Cash Acquisitions	-	-	0.22	17.82	-
Sale (Purchase) of Intangibles	-9.31	-9.76	-2.5	-0.06	-0.37
Sale (Purchase) of Real Estate	-25.17	-40.48	-89.11	-0.23	-0.03
Investment in Securities	-30	-24.33	-5.92	-14.1	-0.82
Other Investing Activities	8.3	-	-	-19.21	-0.02
Investing Cash Flow	-75.63	-150.22	-210.8	-28.49	-5.41
Long-Term Debt Issued	62.5	103.9	109.5	-	-
Long-Term Debt Repaid	-67.16	-67.94	-57.99	-55.54	-66.75
Net Debt Issued (Repaid)	-4.66	35.96	51.51	-55.54	-66.75
Common Dividends Paid	-0.05	-0.05	-0.05	-0.05	-0.05
Other Financing Activities	-21.43	-1	-	-	-1.91
Financing Cash Flow	-26.15	34.91	51.46	-55.59	-68.71
Net Cash Flow	17.92	-2.15	-40.28	-19.91	38.02
Free Cash Flow	100.3	37.44	5.59	51.15	107.97
Free Cash Flow Growth	167.88%	569.44%	-89.07%	-52.63%	43.88%
Free Cash Flow Margin	14.72%	5.32%	0.78%	8.54%	23.22%
Free Cash Flow Per Share	8.47	3.16	0.47	4.41	9.39
Cash Interest Paid	73.97	51.08	35.18	23.93	37.29
Cash Income Tax Paid	7.9	19.79	14.35	33.26	0.41
Levered Free Cash Flow	82.29	24.75	-10.21	58.99	101.27
Unlevered Free Cash Flow	121.35	60.33	18.98	78.27	124.27
Change in Working Capital	-7.15	23.24	-36.99	-49.22	36.79

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