JSE Limited (JSE:JSE)
South Africa · Delayed Price · Currency is ZAR · Price in ZAc 15,719
+118 (0.76%)
Aug 31, 2026, 5:00 PM SAST
JSE Limited Cash Flow Statement
Financials in millions ZAR. Fiscal year is January - December.
Millions ZAR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,165 | 1,071 | 917.75 | 830.98 | 748.56 | 722.44 |
Depreciation & Amortization | 82.88 | 87.82 | 104.76 | 111.94 | 117.42 | 112.38 |
Other Amortization | 83.9 | 83.9 | 84.8 | 95.48 | 155.98 | 145.31 |
Loss (Gain) From Sale of Assets | - | - | -0.89 | 0.2 | -0.01 | 0 |
Asset Writedown & Restructuring Costs | 7.31 | 7.31 | - | 11.49 | 5.4 | 5.56 |
Loss (Gain) From Sale of Investments | -21.33 | -21.33 | -13.77 | 1.34 | - | - |
Loss (Gain) on Equity Investments | -51.71 | -51.71 | -45.94 | -38.72 | -41 | -51.6 |
Stock-Based Compensation | 52.32 | 52.32 | 36.6 | 19.96 | 13.95 | 22.53 |
Other Operating Activities | 97.24 | 79.97 | 64.73 | 27.1 | 115.51 | 87.28 |
Change in Accounts Receivable | -78.86 | -78.86 | -10.21 | -9.1 | -42.5 | -69.71 |
Change in Accounts Payable | - | - | - | - | -95.55 | -56.95 |
Change in Unearned Revenue | -1.06 | -1.06 | -43.41 | 60.46 | - | - |
Operating Cash Flow | 1,336 | 1,229 | 1,094 | 1,111 | 977.75 | 917.25 |
Operating Cash Flow Growth | 20.32% | 12.30% | -1.50% | 13.64% | 6.59% | -8.53% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -68.64 | -34.68 | -50.63 | -78.15 | -58.52 | -99.65 |
Sale of Property, Plant & Equipment | 0.02 | - | 1.1 | 0.26 | 0.04 | - |
Sale (Purchase) of Intangibles | -155.67 | -104.59 | -90.55 | -89.35 | -134.59 | -65.64 |
Investment in Securities | -133.15 | 65.6 | -318.67 | -109.21 | -152.24 | -83.85 |
Other Investing Activities | 30.78 | 24.2 | 24.09 | 20.57 | 40.27 | 43.24 |
Investing Cash Flow | -326.66 | -49.46 | -434.65 | -255.89 | -305.04 | -205.89 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Repaid | - | -28.13 | -68.56 | -65.79 | -62.44 | -41.11 |
Net Debt Issued (Repaid) | -23.63 | -28.13 | -68.56 | -65.79 | -62.44 | -41.11 |
Issuance of Common Stock | 68.09 | 40.18 | 95.15 | 9.3 | 9.27 | 10.57 |
Repurchase of Common Stock | -280.95 | -108.95 | -127.8 | -79.68 | -73.06 | -70.88 |
Common Dividends Paid | -888.27 | -693.65 | -659.84 | -646.03 | -634.84 | -612.79 |
Other Financing Activities | - | - | - | - | - | -75.45 |
Financing Cash Flow | -1,125 | -790.55 | -761.05 | -782.2 | -845.84 | -789.65 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -25.59 | -34.05 | 2.27 | 7.56 | 3.29 | 12.09 |
Miscellaneous Cash Flow Adjustments | -0 | -0 | - | - | - | - |
Net Cash Flow | -141.5 | 354.93 | -99 | 80.6 | -169.84 | -66.21 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,267 | 1,194 | 1,044 | 1,033 | 919.23 | 817.61 |
Free Cash Flow Growth | 19.06% | 14.42% | 1.05% | 12.38% | 12.43% | -16.66% |
Free Cash Flow Margin | 34.59% | 34.81% | 34.88% | 36.63% | 34.59% | 32.41% |
Free Cash Flow Per Share | 15.37 | 14.39 | 12.57 | 12.46 | 11.06 | 9.80 |
Levered Free Cash Flow | -2,026 | -1,899 | -2,136 | -2,263 | -1,428 | -586.31 |
Unlevered Free Cash Flow | 772.7 | 781.8 | 644.99 | 655.39 | 564.92 | 570.48 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 4,454 | 4,267 | 4,492 | 4,630 | 3,018 | 1,807 |
Cash Income Tax Paid | 422.97 | 417.06 | 298.42 | 310.27 | 270.14 | 261.27 |
Change in Working Capital | -79.92 | -79.92 | -53.62 | 51.37 | -138.05 | -126.65 |