Combined Motor Holdings Cash Flow Statement

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

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Net Income	331.92	301.49	408.48	443.46	374.89	168.76
Depreciation & Amortization	290.63	292.2	294.57	342.13	240.01	194.16
Loss (Gain) From Sale of Assets	0.12	0.12	-0.04	0.63	-25.65	-20.44
Asset Writedown & Restructuring Costs	-	-	-	17.67	-	6.25
Stock-Based Compensation	6.82	6.82	5.6	4.4	2.04	1.53
Other Operating Activities	85.78	76.26	13.5	-467.25	-270.18	198.04
Change in Accounts Receivable	-65.07	-65.07	-54.97	-61.35	-18.85	34.25
Change in Inventory	-107.25	-107.25	-101.1	-715.03	-100.27	299.44
Change in Accounts Payable	96.72	96.72	142.05	528.32	-20.49	-287.53
Change in Other Net Operating Assets	51.08	165.58	11.85	449.36	212.5	-154.2
Operating Cash Flow	690.75	766.87	719.93	542.36	394	440.25
Operating Cash Flow Growth	-18.38%	6.52%	32.74%	37.66%	-10.51%	-4.56%
Capital Expenditures	-43.79	-52.17	-48.98	-67.24	-32.18	-87.05
Sale of Property, Plant & Equipment	1.02	2.42	5.75	2.6	75.54	3.35
Cash Acquisitions	-	-	-	-	-4.69	-23.87
Divestitures	-	-	-	-	-	5.16
Other Investing Activities	95.83	91.92	81.27	57.58	6.2	38.35
Investing Cash Flow	53.06	42.16	38.05	-7.06	44.88	-64.06
Long-Term Debt Repaid	-	-122.01	-114.09	-104.43	-98.34	-88.83
Total Debt Repaid	-122.36	-122.01	-114.09	-104.43	-98.34	-88.83
Net Debt Issued (Repaid)	-122.36	-122.01	-114.09	-104.43	-98.34	-88.83
Repurchase of Common Stock	-25.64	-19.08	-21.91	-	-	-
Common Dividends Paid	-204.21	-240.86	-288.74	-293.97	-175.79	-74.8
Other Financing Activities	-290.91	-288.06	-280.01	-192.76	-101.84	-117.36
Financing Cash Flow	-643.12	-670.01	-704.75	-591.17	-375.96	-280.99
Net Cash Flow	100.7	139.02	53.23	-55.86	62.91	95.2
Free Cash Flow	646.96	714.69	670.96	475.13	361.82	353.2
Free Cash Flow Growth	-18.40%	6.52%	41.22%	31.31%	2.44%	-14.10%
Free Cash Flow Margin	4.52%	5.39%	5.23%	3.82%	3.24%	4.12%
Free Cash Flow Per Share	8.53	9.40	8.80	6.16	4.71	4.72
Cash Interest Paid	290.91	288.06	280.01	192.76	124.11	136.66
Cash Income Tax Paid	115.27	75.28	146.14	184.83	133.91	58.7
Levered Free Cash Flow	496.27	404.29	526.42	400.99	475.66	197.02
Unlevered Free Cash Flow	678.09	584.32	701.43	521.47	553.22	282.44
Change in Working Capital	-24.52	89.98	-2.18	201.31	72.89	-108.05

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.