Coronation Fund Managers Cash Flow Statement

Financials in millions ZAR. Fiscal year is October - September.

Millions ZAR. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	1,721	1,676	2,205	640	1,281	1,707
Depreciation & Amortization	10	10	12	14	9	11
Loss (Gain) From Sale of Investments	-	-	-	-38	16	-17
Loss (Gain) on Equity Investments	5	5	5	5	5	5
Stock-Based Compensation	20	20	6	2	1	1
Other Operating Activities	-2,173	-1,507	1,553	364	-906	1,428
Change in Accounts Receivable	-19	-78	3	-10	-15	35
Change in Accounts Payable	-69	14	412	-165	-155	185
Operating Cash Flow	-505	140	4,196	812	236	3,355
Operating Cash Flow Growth	-	-96.66%	416.75%	244.07%	-92.97%	234.83%
Capital Expenditures	-6	-1	-	-25	-6	-11
Investment in Securities	113	275	22	210	258	16
Other Investing Activities	57	70	90	43	16	13
Investing Cash Flow	164	344	112	228	268	18
Long-Term Debt Issued	-	-	-	46	-	-
Long-Term Debt Repaid	-	-211	-32	-14	-20	-13
Net Debt Issued (Repaid)	-38	-211	-32	32	-20	-13
Repurchase of Common Stock	-	-	-7	-	-	-
Common Dividends Paid	-1,600	-1,501	-1,759	-602	-1,539	-1,571
Financing Cash Flow	-1,638	-1,712	-1,798	-570	-1,559	-1,584
Foreign Exchange Rate Adjustments	-41	-23	-8	-6	30	-46
Net Cash Flow	-2,020	-1,251	2,502	464	-1,025	1,743
Free Cash Flow	-511	139	4,196	787	230	3,344
Free Cash Flow Growth	-	-96.69%	433.16%	242.17%	-93.12%	237.78%
Free Cash Flow Margin	-11.50%	3.24%	107.23%	21.58%	6.15%	77.53%
Free Cash Flow Per Share	-1.46	0.40	12.00	2.25	0.66	9.56
Cash Interest Paid	51	29	43	43	45	39
Cash Income Tax Paid	466	552	821	512	406	682
Levered Free Cash Flow	1,251	16,468	18,756	7,984	-4,287	11,349
Unlevered Free Cash Flow	1,286	16,485	18,778	8,021	-4,250	11,374
Change in Working Capital	-88	-64	415	-175	-170	220