Hudaco Industries Cash Flow Statement

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

Millions ZAR. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May '25 May 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Net Income	549.74	505.74	610.81	596.27	498.72	35.56
Depreciation & Amortization	194.37	188.37	168.89	169.4	164.58	183.57
Other Amortization	5.46	5.46	7.38	5.03	-	-
Loss (Gain) From Sale of Assets	-2.21	-0.21	-1.66	-0.54	-3.92	0.58
Asset Writedown & Restructuring Costs	-4.6	-4.6	-0.69	0.08	2.76	-
Stock-Based Compensation	41.2	45.2	48.87	55.76	36.08	31.19
Other Operating Activities	226.64	296.64	200.47	178.83	107.48	396.96
Change in Accounts Receivable	184.06	184.06	-76.73	-83.39	-52.09	59.56
Change in Inventory	242.73	242.73	-285.41	-292.36	-405.61	129.68
Change in Accounts Payable	-105.42	-105.42	-50.29	34.86	335.66	-17.97
Change in Other Net Operating Assets	-159.56	-23.56	20.15	-14.54	5.75	11.13
Operating Cash Flow	1,172	1,334	641.78	649.41	689.4	830.26
Operating Cash Flow Growth	15.99%	107.92%	-1.17%	-5.80%	-16.96%	26.39%
Capital Expenditures	-72.57	-78.57	-105.23	-78.07	-69.47	-37.37
Sale of Property, Plant & Equipment	7.49	7.49	9.18	7.69	8.39	5.72
Cash Acquisitions	-319.02	-112.02	-171.04	-80.94	9.35	-6.07
Sale (Purchase) of Intangibles	-6.41	-4.41	-7.74	-5.82	-6.42	-7.41
Investment in Securities	-	-	-	0.15	0.04	-
Investing Cash Flow	-390.51	-187.51	-274.83	-157	-58.12	-45.13
Long-Term Debt Issued	-	-	400	400	40	147.1
Long-Term Debt Repaid	-	-512.3	-105.8	-394.41	-283.15	-376.65
Net Debt Issued (Repaid)	-265.3	-512.3	294.2	5.59	-243.15	-229.55
Repurchase of Common Stock	-	-	-111.7	-133.2	-69.03	-81.82
Common Dividends Paid	-289.98	-290.98	-269.69	-244	-198.07	-129.75
Other Financing Activities	-255.73	-311.73	-271.31	-154.63	-99.12	-115.72
Financing Cash Flow	-811.01	-1,115	-358.5	-526.24	-609.37	-556.84
Foreign Exchange Rate Adjustments	-2.15	-8.15	0.17	1.28	3.06	-1.88
Net Cash Flow	-31.28	23.72	8.62	-32.55	24.98	226.42
Free Cash Flow	1,100	1,256	536.55	571.34	619.93	792.89
Free Cash Flow Growth	17.43%	134.05%	-6.09%	-7.84%	-21.81%	35.51%
Free Cash Flow Margin	13.28%	14.99%	6.03%	7.01%	8.54%	12.68%
Free Cash Flow Per Share	37.80	43.31	18.16	18.47	20.01	25.15
Cash Interest Paid	16.29	38.29	37.8	86.64	68.01	103.47
Cash Income Tax Paid	235.81	204.81	259.87	244.02	219.73	112.62
Levered Free Cash Flow	658.98	970.39	155.15	309.81	498.87	608.27
Unlevered Free Cash Flow	740.83	1,066	248.97	363.96	541.37	672.94
Change in Working Capital	161.8	297.8	-392.28	-355.43	-116.29	182.4

Updated May 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.