Exemplar REITail Limited (JSE:EXP)

Exemplar REITail Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug 31, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Net Income	719.64	708.69	975.34	914.27	231.52	361.42
Depreciation & Amortization	1.73	1.73	1.24	0.84	0.54	0.4
Other Amortization	5.44	5.44	2.74	5.71	6.35	6.6
Asset Writedown	-360.76	-360.76	-467.61	-265.13	39.52	-113.78
Stock-Based Compensation	9.04	9.04	3.87	-	-	-
Change in Accounts Receivable	-4.42	-4.42	-13.49	0.83	-11.03	0.79
Change in Accounts Payable	-3.94	-3.94	31.1	0	31.9	1.88
Other Operating Activities	146.8	129.2	-23.84	-209.44	-32.2	48.45
Operating Cash Flow	513.52	484.98	509.35	447.09	266.6	305.76
Operating Cash Flow Growth	8.21%	-4.78%	13.93%	67.70%	-12.81%	21.78%
Acquisition of Real Estate Assets	-376.33	-158.22	-508.21	-272.51	-64.49	-224.42
Net Sale / Acq. of Real Estate Assets	-376.33	-158.22	-508.21	-272.51	-64.49	-224.42
Other Investing Activities	-	-116.5	69.17	289.28	-	-
Investing Cash Flow	-384.33	-296.79	-426.65	19.09	106.39	-394.24
Long-Term Debt Issued	-	1,263	312	2,438	448.74	1,071
Total Debt Issued	1,303	1,263	312	2,438	448.74	1,071
Long-Term Debt Repaid	-	-989.03	-0.98	-2,332	-544.28	-705.6
Total Debt Repaid	-945.41	-989.03	-0.98	-2,332	-544.28	-705.6
Net Debt Issued (Repaid)	357.59	273.97	311.02	106.4	-95.54	364.99
Common Dividends Paid	-482.41	-478.54	-490.73	-323.74	-282.39	-284.82
Other Financing Activities	-	-	-133.28	-	-2.09	-6.86
Miscellaneous Cash Flow Adjustments	-	-	0	-	-	-
Net Cash Flow	4.37	-16.38	-230.3	248.85	-7.02	-15.17
Cash Interest Paid	312.01	277.36	214.27	175.06	252.07	180.7
Levered Free Cash Flow	366	178.14	449.4	250.87	394.25	8.31
Unlevered Free Cash Flow	560.53	352.1	571.91	348.94	487.59	116.97
Change in Net Working Capital	-51.01	125.7	-145.19	-14.38	-186.28	162.63

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