KAP Limited 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
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
Net Income	10	1,090	528	1,746	991
Depreciation & Amortization	1,460	1,419	1,474	1,380	1,291
Other Amortization	25	25	23	24	26
Loss (Gain) From Sale of Assets	36	42	48	36	16
Asset Writedown & Restructuring Costs	733	-33	789	188	186
Stock-Based Compensation	32	58	34	93	56
Other Operating Activities	-105	-219	-148	-275	241
Change in Accounts Receivable	92	-234	60	-488	-887
Change in Inventory	-36	-333	-37	-776	-305
Change in Accounts Payable	-446	309	-28	839	838
Change in Other Net Operating Assets	-21	55	-139	-38	311
Operating Cash Flow	1,779	2,178	2,606	2,758	2,617
Operating Cash Flow Growth	-18.32%	-16.42%	-5.51%	5.39%	127.96%
Capital Expenditures	-1,592	-2,572	-2,578	-2,495	-1,974
Sale of Property, Plant & Equipment	140	323	300	262	103
Cash Acquisitions	-	-77	-37	-392	-
Divestitures	110	-	-	-	-
Sale (Purchase) of Intangibles	-11	-19	-19	-15	-6
Sale (Purchase) of Real Estate	-	-	-	-	8
Investment in Securities	-	-	-23	-132	17
Other Investing Activities	48	85	60	36	45
Investing Cash Flow	-1,297	-2,257	-2,298	-2,736	-1,807
Long-Term Debt Issued	4,080	3,547	2,612	3,792	1,190
Total Debt Issued	4,080	3,547	2,612	3,792	1,190
Long-Term Debt Repaid	-3,721	-3,321	-2,423	-2,125	-2,019
Total Debt Repaid	-3,721	-3,321	-2,423	-2,125	-2,019
Net Debt Issued (Repaid)	359	226	189	1,667	-829
Repurchase of Common Stock	-	-	-	-310	-158
Common Dividends Paid	-116	-79	-751	-394	-27
Other Financing Activities	-20	-52	-22	-20	-22
Financing Cash Flow	223	95	-584	943	-1,036
Foreign Exchange Rate Adjustments	-13	-71	37	21	-52
Net Cash Flow	692	-55	-239	986	-278
Free Cash Flow	187	-394	28	263	643
Free Cash Flow Growth	-	-	-89.35%	-59.10%	-
Free Cash Flow Margin	0.63%	-1.36%	0.10%	0.94%	2.68%
Free Cash Flow Per Share	0.07	-0.16	0.01	0.10	0.25
Cash Interest Paid	1,061	1,092	847	556	498
Cash Income Tax Paid	282	307	467	803	395
Levered Free Cash Flow	-124	-670.88	-468.13	-153.38	342.5
Unlevered Free Cash Flow	524.75	-119.63	46.88	162.25	637.5
Change in Working Capital	-411	-203	-144	-463	-43

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