Delta Property Fund Limited (JSE:DLT)

Delta Property Fund Cash Flow Statement

Financials in millions ZAR. Fiscal year is March - February.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Net Income	-104.21	-66.48	-728.27	-144.97	-454.46
Depreciation & Amortization	2.7	3.6	3.26	-0.44	3.79
Other Amortization	12.92	6.9	17.45	6.62	15.33
Gain (Loss) on Sale of Assets	246.65	86.7	369.84	-	-
Gain (Loss) on Sale of Investments	44.22	37.09	35.54	48.67	67.55
Asset Writedown	-68.36	93.44	463.8	428.84	517.14
Income (Loss) on Equity Investments	-	-	-	-	-13.81
Change in Accounts Receivable	-80.93	64.19	91.57	-3.96	-56.12
Change in Accounts Payable	5.31	-33.21	-46.28	47.23	-33.61
Other Operating Activities	11.54	-85.01	-135.32	-133.51	187.72
Operating Cash Flow	95.36	109.78	149.11	254.74	235.69
Operating Cash Flow Growth	-13.13%	-26.38%	-41.47%	8.08%	-42.35%
Acquisition of Real Estate Assets	-44.83	-36.68	-79.47	-93.78	-38.05
Sale of Real Estate Assets	10.88	13.46	208.99	-	15.08
Net Sale / Acq. of Real Estate Assets	-33.95	-23.21	129.52	-93.78	-22.97
Other Investing Activities	-0.06	-	-	-	0.03
Investing Cash Flow	-34.01	-23.21	129.52	-88.78	-22.94
Long-Term Debt Issued	35	13	11.28	81.06	5.75
Long-Term Debt Repaid	-96.83	-108.37	-360.21	-289.15	-195.58
Total Debt Repaid	-96.83	-108.37	-360.21	-289.15	-195.58
Net Debt Issued (Repaid)	-61.83	-95.37	-348.93	-208.09	-189.83
Miscellaneous Cash Flow Adjustments	-	-	-	-0	-
Net Cash Flow	-0.47	-8.81	-70.3	-42.13	22.92
Cash Interest Paid	446.44	474.81	457.88	400.45	462.4
Cash Income Tax Paid	26.2	84.8	99.27	119.48	42.68
Levered Free Cash Flow	379.5	-413.93	151.16	-588.69	243.95
Unlevered Free Cash Flow	654.42	-126.01	410.5	-338.18	499.62
Change in Net Working Capital	-268.46	494.08	-62.61	788.67	-36.09

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.