Dipula Properties Cash Flow Statement

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

Millions ZAR. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Net Income	931.87	774.3	588.03	1,081	429.45
Depreciation & Amortization	8.24	7.94	7	5.54	43.19
Other Amortization	19.77	17.64	15.42	14.94	12.66
Asset Writedown	-428.37	-231.63	-152.65	-519.92	-65.61
Stock-Based Compensation	5.74	5.52	5.73	6.57	3.8
Change in Accounts Receivable	-45.96	-33.01	-2.66	-28.38	-9.5
Change in Accounts Payable	14.29	-6.18	-20.47	5.08	9.98
Other Operating Activities	19.72	-60.25	110.3	34.73	92.29
Operating Cash Flow	535.14	477.19	548.03	600.44	506.64
Operating Cash Flow Growth	12.14%	-12.93%	-8.73%	18.51%	-2.00%
Acquisition of Real Estate Assets	-277.43	-150.38	-161.45	-106.54	-69.22
Sale of Real Estate Assets	114.08	35.63	153.58	97.04	28.35
Net Sale / Acq. of Real Estate Assets	-163.35	-114.76	-7.87	-9.51	-40.87
Cash Acquisition	-	-	-	-	-19.99
Investing Cash Flow	-172.37	-114.52	-6.02	-7.97	-29.16
Short-Term Debt Issued	-	-	6.56	-	-
Long-Term Debt Issued	202.21	217.89	202.3	225.6	21.91
Total Debt Issued	202.21	217.89	208.86	225.6	21.91
Long-Term Debt Repaid	-77.33	-14.2	-180.76	-143.28	-173.65
Net Debt Issued (Repaid)	124.89	203.69	28.1	82.32	-151.74
Issuance of Common Stock	-	-	64.25	-	-
Repurchase of Common Stock	-6.03	-20.56	-16.1	-5.99	-
Common Dividends Paid	-486.53	-483.66	-536.39	-588.29	-302.12
Other Financing Activities	-11.26	-11.06	-84.56	-78.85	-10.4
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	-16.16	51.08	-2.69	1.67	13.22
Cash Interest Paid	358.96	376.63	325.29	290.47	282.57
Cash Income Tax Paid	-	-	-	-	86
Levered Free Cash Flow	287.13	260.1	294.67	563.53	357.69
Unlevered Free Cash Flow	511.07	491.95	498.34	656.35	494.83
Change in Working Capital	-31.68	-39.18	-23.13	-23.3	0.47