Curro Holdings Limited (JSE:COH)

Curro Holdings Cash Flow Statement

Financials in millions ZAR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	105	41	239	259	-31
Depreciation & Amortization	288	266	241	249	205
Other Amortization	36	42	40	32	26
Loss (Gain) From Sale of Assets	-1	10	-1	-	-
Asset Writedown & Restructuring Costs	460	465	174	-	265
Stock-Based Compensation	22	32	32	32	28
Other Operating Activities	-40	35	73	120	18
Change in Accounts Receivable	6	-72	-14	-17	-24
Change in Inventory	-2	-3	5	1	-4
Change in Accounts Payable	-23	26	-36	47	20
Change in Unearned Revenue	15	30	47	44	11
Operating Cash Flow	866	875	800	767	514
Operating Cash Flow Growth	-1.03%	9.38%	4.30%	49.22%	8.44%
Capital Expenditures	-636	-649	-901	-859	-632
Sale of Property, Plant & Equipment	60	10	4	4	48
Cash Acquisitions	-5	-21	-155	-	-11
Sale (Purchase) of Intangibles	-51	-55	-63	-74	-55
Investment in Securities	-55	37	34	240	-271
Investing Cash Flow	-687	-678	-1,081	-689	-921
Long-Term Debt Issued	1,486	1,090	3,220	150	1,150
Long-Term Debt Repaid	-1,441	-1,095	-2,820	-237	-2,090
Net Debt Issued (Repaid)	45	-5	400	-87	-940
Issuance of Common Stock	-	-	-	-	1,500
Repurchase of Common Stock	-146	-126	-97	-	-
Common Dividends Paid	-83	-65	-49	-	-42
Other Financing Activities	-	-	-	-	-27
Financing Cash Flow	-184	-196	254	-87	491
Net Cash Flow	-5	1	-27	-9	84
Free Cash Flow	230	226	-101	-92	-118
Free Cash Flow Growth	1.77%	-	-	-	-
Free Cash Flow Margin	4.51%	4.79%	-2.43%	-2.60%	-3.81%
Free Cash Flow Per Share	0.41	0.39	-0.17	-0.15	-0.25
Cash Interest Paid	353	274	201	198	255
Cash Income Tax Paid	118	82	34	2	3
Levered Free Cash Flow	-37.5	-63.05	-425.13	-389.75	-258
Unlevered Free Cash Flow	200.63	141.95	-263.88	-238.5	-83.63
Change in Net Working Capital	45	13	16	-64	-60

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.