Exxaro Resources Cash Flow Statement

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	8,177	7,724	11,292	13,826	12,667	7,283
Depreciation & Amortization	2,806	2,773	2,715	2,679	2,677	2,436
Other Amortization	4	4	4	6	5	5
Loss (Gain) From Sale of Assets	39	43	57	98	993	88
Asset Writedown & Restructuring Costs	-	-	-	-	21	874
Loss (Gain) From Sale of Investments	127	153	21	134	-1,573	-958
Loss (Gain) on Equity Investments	-4,615	-4,270	-6,987	-6,477	-9,844	-
Stock-Based Compensation	180	208	212	207	246	250
Provision & Write-off of Bad Debts	14	13	4	4	92	35
Other Operating Activities	2,947	2,327	3,578	4,287	732	-5,031
Change in Accounts Receivable	-377	-420	449	-1,312	266	515
Change in Inventory	-409	-268	-212	1	-113	-157
Change in Accounts Payable	278	240	68	999	40	193
Change in Other Net Operating Assets	-120	-102	-72	-42	-48	-40
Operating Cash Flow	9,051	8,425	11,129	14,410	8,432	5,493
Operating Cash Flow Growth	-5.70%	-24.30%	-22.77%	70.90%	53.50%	57.71%
Capital Expenditures	-3,373	-2,448	-2,699	-1,652	-2,471	-3,175
Sale of Property, Plant & Equipment	-	-	5	4	11	34
Cash Acquisitions	-	-	-	-	-	-1,402
Divestitures	-	-	-	-	99	-14
Sale (Purchase) of Intangibles	-23	-27	-	-	-	-2
Investment in Securities	-160	-249	-164	-310	5,835	-270
Other Investing Activities	3,468	3,838	4,950	5,995	9,970	3,238
Investing Cash Flow	-80	1,084	2,045	3,990	13,419	-1,556
Long-Term Debt Issued	-	705	489	-	4,725	1,819
Long-Term Debt Repaid	-	-1,447	-699	-1,215	-8,181	-120
Net Debt Issued (Repaid)	757	-742	-210	-1,215	-3,456	1,699
Repurchase of Common Stock	-558	-321	-645	-441	-1,888	-270
Common Dividends Paid	-2,813	-4,362	-5,505	-6,686	-8,194	-3,034
Other Financing Activities	-1,408	-1,935	-1,868	-2,275	-3,131	-864
Financing Cash Flow	-5,404	-8,742	-8,228	-10,617	-18,032	-2,469
Foreign Exchange Rate Adjustments	-146	4	101	-12	35	-
Net Cash Flow	3,421	771	5,047	7,771	3,854	1,468
Free Cash Flow	5,678	5,977	8,430	12,758	5,961	2,318
Free Cash Flow Growth	-14.47%	-29.10%	-33.92%	114.02%	157.16%	-
Free Cash Flow Margin	13.42%	14.68%	21.78%	27.51%	18.19%	8.01%
Free Cash Flow Per Share	23.51	24.70	34.84	52.72	24.13	9.23
Cash Interest Paid	1,047	1,095	1,100	982	1,017	1,305
Cash Income Tax Paid	2,519	2,632	2,603	4,121	1,320	966
Levered Free Cash Flow	3,673	4,235	6,481	9,588	7,473	57.63
Unlevered Free Cash Flow	4,190	4,819	7,125	10,118	7,874	540.13
Change in Working Capital	-628	-550	233	-354	145	511

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