JSE:HAR Cash Flow Statement

Financials in millions ZAR. Fiscal year is July - June.

Millions ZAR. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	2016 - 2020
Net Income	14,384	8,587	4,820	-1,052	5,087	Upgrade
Depreciation & Amortization	4,842	7,435	3,454	3,683	3,877	Upgrade
Loss (Gain) From Sale of Assets	-8	13	-46	-24	-11	Upgrade
Asset Writedown & Restructuring Costs	164	97	182	4,440	1,285	Upgrade
Loss (Gain) From Sale of Investments	23	-	-	-	-	Upgrade
Loss (Gain) on Equity Investments	-106	-81	-57	-63	-83	Upgrade
Stock-Based Compensation	699	250	112	145	160	Upgrade
Other Operating Activities	3,086	-675	1,800	-46	-1,727	Upgrade
Change in Accounts Receivable	-1,242	-258	-627	21	-339	Upgrade
Change in Inventory	-273	-50	-308	-232	-37	Upgrade
Change in Accounts Payable	1,078	332	618	52	967	Upgrade
Operating Cash Flow	22,647	15,650	9,948	6,924	9,179	Upgrade
Operating Cash Flow Growth	44.71%	57.32%	43.67%	-24.57%	94.35%	Upgrade
Capital Expenditures	-11,855	-8,398	-7,640	-6,214	-5,142	Upgrade
Sale of Property, Plant & Equipment	25	4	46	24	11	Upgrade
Cash Acquisitions	-	-	-2,996	-	-3,363	Upgrade
Investment in Securities	-	-	-	-	44	Upgrade
Other Investing Activities	-153	-9	-80	-75	-14	Upgrade
Investing Cash Flow	-11,955	-8,361	-10,596	-6,200	-8,464	Upgrade
Long-Term Debt Issued	226	300	3,619	3,057	-	Upgrade
Long-Term Debt Repaid	-341	-4,293	-2,271	-3,778	-3,610	Upgrade
Net Debt Issued (Repaid)	-115	-3,993	1,348	-721	-3,610	Upgrade
Common Dividends Paid	-2,038	-1,394	-136	-414	-677	Upgrade
Other Financing Activities	-62	-48	-18	-16	-12	Upgrade
Financing Cash Flow	-2,215	-5,435	1,194	-1,151	-4,299	Upgrade
Foreign Exchange Rate Adjustments	-69	-28	-127	56	46	Upgrade
Net Cash Flow	8,408	1,826	419	-371	-3,538	Upgrade
Free Cash Flow	10,792	7,252	2,308	710	4,037	Upgrade
Free Cash Flow Growth	48.81%	214.21%	225.07%	-82.41%	262.71%	Upgrade
Free Cash Flow Margin	14.60%	11.82%	4.68%	1.67%	9.67%	Upgrade
Free Cash Flow Per Share	17.17	11.52	3.72	1.16	6.55	Upgrade
Cash Interest Paid	258	507	363	319	234	Upgrade
Cash Income Tax Paid	4,289	2,388	518	296	584	Upgrade
Levered Free Cash Flow	10,437	5,937	1,664	149.5	-835.75	Upgrade
Unlevered Free Cash Flow	10,530	6,077	1,897	271.38	-698.25	Upgrade
Change in Working Capital	-437	24	-317	-159	591	Upgrade

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