Copper 360 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
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
Net Income	-373.24	-318.77	-64.77	-1.26	5.73
Depreciation & Amortization	23.33	22.36	9.43	-	2.43
Other Operating Activities	124.72	27.06	-29.85	1.13	-22.99
Change in Accounts Receivable	11.17	11.17	-32.33	-	-1.35
Change in Inventory	-12.34	-12.34	-9.29	-	-5.26
Change in Accounts Payable	100.83	100.83	-13.92	-	-0.71
Change in Unearned Revenue	-	-	2.16	-	-
Change in Other Net Operating Assets	-	-	7.85	-	0.48
Operating Cash Flow	-125.52	-169.68	-130.72	-0.12	-21.68
Capital Expenditures	25.85	-96.37	-208.3	-	-64.44
Sale of Property, Plant & Equipment	-	-	2.72	-	-
Cash Acquisitions	-	-	144.83	-	-1
Investment in Securities	-0.02	-0.02	-	-	-
Investing Cash Flow	25.26	-96.34	-62.03	-0.02	-65.44
Long-Term Debt Issued	-	276.36	310.69	0.14	32.08
Long-Term Debt Repaid	-	-124.91	-96.54	-	-4.69
Net Debt Issued (Repaid)	81.43	151.45	214.15	0.14	27.39
Issuance of Common Stock	64.32	90.99	0.73	-	56.45
Financing Cash Flow	97.03	242.44	214.89	0.14	83.84
Net Cash Flow	-3.23	-23.59	22.13	0	-3.28
Free Cash Flow	-99.67	-266.06	-339.02	-0.12	-86.12
Free Cash Flow Margin	-70.44%	-185.08%	-1072.05%	-	-709.39%
Free Cash Flow Per Share	-0.14	-0.38	-0.56	-	-0.87
Cash Interest Paid	-	14.32	3.13	0.03	0.14
Levered Free Cash Flow	-281.46	-178.65	-483.73	-2.86	-
Unlevered Free Cash Flow	-207.02	-129.13	-473.7	-2.81	-
Change in Working Capital	99.67	99.67	-45.53	-	-6.84

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