Collins Property Group 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	568.1	557.16	1,144	158.46	413.1	-839.26
Depreciation & Amortization	8.56	8.52	8.63	8.47	8.64	49.67
Gain (Loss) on Sale of Assets	21.65	21.65	4.54	-8.3	-33.43	17.18
Gain (Loss) on Sale of Investments	-28.85	-28.85	2.6	47.93	38.59	249.82
Asset Writedown	-383.82	-383.82	-231.4	-294.48	-348.07	817.13
Stock-Based Compensation	-2.79	-2.79	1.22	1.73	2.18	1.73
Change in Accounts Receivable	-5.5	-5.5	-0.74	85.28	75.58	154.77
Change in Accounts Payable	30.85	30.85	-5.51	116.01	-74.78	62.03
Change in Other Net Operating Assets	-48.26	-	-	-	-	-
Other Operating Activities	209.06	194.5	-502.37	409.88	249.17	128.12
Net Cash from Discontinued Operations	-	-	-	93.5	149.37	-
Operating Cash Flow	369	391.72	365.29	451.53	431.87	583.84
Operating Cash Flow Growth	-22.40%	7.23%	-19.10%	4.55%	-26.03%	42.29%
Acquisition of Real Estate Assets	-167.07	-262.45	-235.29	-247.45	-98.63	-644.94
Sale of Real Estate Assets	60.29	178.04	129.85	28.75	163.59	213.15
Net Sale / Acq. of Real Estate Assets	-106.79	-84.41	-105.44	-218.7	64.96	-431.79
Investment in Marketable & Equity Securities	-2.37	-	-26.17	-	-	59.58
Other Investing Activities	28.45	38.28	11.21	48.09	-21.53	-21.9
Investing Cash Flow	-433.66	-45.73	52.73	1,819	-16.83	-368.87
Long-Term Debt Issued	-	886.61	557.51	1,557	1,436	3,457
Long-Term Debt Repaid	-	-808.72	-855.7	-1,578	-1,636	-3,388
Net Debt Issued (Repaid)	1,205	77.89	-298.19	-21.28	-199.5	68.77
Issuance of Common Stock	-	-	333	-	-	-
Repurchase of Common Stock	-	-	-	-	-0.14	-11.9
Preferred Stock Issued	-	-	0.3	-	-	-
Preferred Share Repurchases	-	-	-	-1,003	-24.97	-67.17
Common Dividends Paid	-330.28	-329.99	-208.98	-1,269	-154.18	-156.38
Other Financing Activities	-96	-96	-333	-180.83	-146.65	-8.77
Foreign Exchange Rate Adjustments	-11.52	-4.35	39.56	4.31	-3.69	0.91
Net Cash Flow	702.31	-6.46	-49.29	-200.02	-114.09	40.43
Cash Interest Paid	616.07	645.75	676.81	582.56	543.99	685.14
Cash Income Tax Paid	15.86	37.04	59.3	111.9	70.23	27.86
Levered Free Cash Flow	-1,056	378.95	317.04	572.86	-320.83	123.39
Unlevered Free Cash Flow	-687.15	761.82	705.76	925.69	40.21	715.29
Change in Working Capital	-22.9	25.35	-6.25	201.29	0.8	216.81

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