City Lodge Hotels 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	212.98	188.67	163.75	81.73	-804.61
Depreciation & Amortization	173.62	168.12	157.24	174.46	199.28
Other Amortization	6.71	3.19	3.34	6.24	6.57
Loss (Gain) From Sale of Assets	-41.94	-0.14	-0.21	-88.28	9.6
Asset Writedown & Restructuring Costs	-18.4	-	26.44	-57.18	352.1
Stock-Based Compensation	-1.06	4.86	13.79	9.64	-1.76
Other Operating Activities	-60.7	-66.18	-0.47	-33.44	-33.2
Change in Accounts Receivable	-2.4	-3.54	-22.24	-35.52	4.62
Change in Inventory	-0.99	0.12	-2.23	-0.96	0.62
Change in Accounts Payable	-20.7	4.74	45.42	65.28	16.23
Operating Cash Flow	247.12	299.84	384.82	121.98	-250.55
Operating Cash Flow Growth	-17.58%	-22.08%	215.47%	-	-
Capital Expenditures	-260.52	-164.64	-106.99	-16.07	-77.29
Divestitures	58.36	-	479.38	-21.33	-
Investing Cash Flow	-202.16	-164.64	372.39	-37.41	-77.29
Long-Term Debt Issued	80	-	-	70	180
Long-Term Debt Repaid	-126.81	-336.4	-335.57	-145.49	-339.31
Net Debt Issued (Repaid)	-46.81	-336.4	-335.57	-75.49	-159.31
Issuance of Common Stock	-	-	-	-	1,201
Repurchase of Common Stock	-37.97	-59.66	-5.75	-	-0.57
Preferred Dividends Paid	-	-	-	-	-371.1
Common Dividends Paid	-	-	-28.72	-	-
Dividends Paid	-	-	-28.72	-	-371.1
Other Financing Activities	-	-	-	-	-55.3
Financing Cash Flow	-84.78	-396.06	-370.05	-75.49	265.31
Foreign Exchange Rate Adjustments	-0.12	-0.17	0.53	1.06	-3.75
Miscellaneous Cash Flow Adjustments	-	-	-	-	15.8
Net Cash Flow	-39.94	-261.03	387.69	10.15	-50.47
Free Cash Flow	-13.4	135.2	277.83	105.91	-327.84
Free Cash Flow Growth	-	-51.34%	162.33%	-	-
Free Cash Flow Margin	-0.65%	6.96%	16.11%	9.54%	-64.28%
Free Cash Flow Per Share	-0.02	0.24	0.48	0.18	-0.65
Cash Interest Paid	135.45	140.16	144.88	181.76	164.38
Cash Income Tax Paid	83.56	60.41	21.99	-37.12	-4.05
Levered Free Cash Flow	116.29	178.96	675.28	65.53	-869.45
Unlevered Free Cash Flow	201.44	264.28	768.05	177.71	-758.57
Change in Working Capital	-24.09	1.33	20.94	28.81	21.47

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