eMedia Holdings Cash Flow Statement

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

Millions ZAR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	227.79	203.64	224.6	253.35	283.32	72.26
Depreciation & Amortization	132.06	141.36	167.68	136.1	144.57	124.03
Other Amortization	916.92	916.92	833.6	-	840.92	778.56
Loss (Gain) From Sale of Assets	-5.12	-5.12	-0.35	-	-0.03	-0.14
Asset Writedown & Restructuring Costs	-	-	-	-	20.27	3.12
Loss (Gain) on Equity Investments	-10.54	-10.54	-9.52	-	-4.99	-2.8
Provision & Write-off of Bad Debts	-0.56	-0.56	-0.44	-	0.35	-
Other Operating Activities	179.76	59.41	109.21	-90.95	122.78	43.28
Change in Accounts Receivable	22.44	22.44	-74.99	-	-83.91	45.89
Change in Inventory	21.87	21.87	91.51	-	-87.54	-2.56
Change in Accounts Payable	88.62	88.62	256.92	-	47.79	118
Change in Other Net Operating Assets	-930.94	-930.94	-1,198	-	-753.59	-986.11
Operating Cash Flow	644.83	509.63	400.37	298.5	529.96	204.92
Operating Cash Flow Growth	85.15%	27.29%	34.13%	-43.68%	158.61%	-30.47%
Capital Expenditures	-305.02	-225.2	-89.38	-93.9	-84.5	-241.59
Sale of Property, Plant & Equipment	8.58	8.58	0.43	1.77	0.08	0.22
Cash Acquisitions	-	-	-	-	-13.56	-
Divestitures	-	-	-	32.26	-	-
Sale (Purchase) of Intangibles	-8	-17.41	-67.95	-162.96	-	-1.56
Investment in Securities	-9.04	-9.04	-	-	-	-
Other Investing Activities	-	-	20.9	19.99	8.27	-1.97
Investing Cash Flow	-313.48	-243.07	-136.01	-202.83	-89.71	-244.89
Long-Term Debt Issued	-	54	140	335	200	75.5
Long-Term Debt Repaid	-	-84.33	-122.11	-201.93	-339.05	-119.45
Net Debt Issued (Repaid)	36.84	-30.33	17.89	133.07	-139.05	-43.95
Issuance of Common Stock	59.51	-	-	-	-	-
Repurchase of Common Stock	-22.83	-	-	-	-	-
Common Dividends Paid	-190.05	-198.21	-253.29	-284.52	-160.47	-49.04
Financing Cash Flow	-116.54	-228.53	-235.4	-151.46	-299.51	-92.99
Net Cash Flow	214.82	38.03	28.96	-55.79	140.73	-132.96
Free Cash Flow	339.81	284.43	310.98	204.6	445.46	-36.66
Free Cash Flow Growth	65.03%	-8.54%	51.99%	-54.07%	-	-
Free Cash Flow Margin	10.87%	8.96%	10.11%	6.51%	14.09%	-1.50%
Free Cash Flow Per Share	0.76	0.64	0.70	0.46	1.01	-0.08
Cash Interest Paid	56.99	64.79	69.78	-	30.69	20.27
Cash Income Tax Paid	98.09	110.42	115.64	116.54	117.5	28.29
Levered Free Cash Flow	1,188	1,137	867.28	-39.23	1,205	711.11
Unlevered Free Cash Flow	1,210	1,170	909.22	-10.73	1,223	723.78
Change in Working Capital	-798.01	-798.01	-924.42	-	-877.25	-824.79

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.