MultiChoice Group Cash Flow Statement

Financials in millions ZAR. Fiscal year is April - March.

Millions ZAR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	1,194	-3,974	-3,478	1,358	2,161
Depreciation & Amortization	2,371	2,608	2,585	2,514	2,638
Other Amortization	14,418	15,130	15,142	14,345	11,820
Asset Writedown & Restructuring Costs	19	1,282	-	287	-
Stock-Based Compensation	642	543	433	420	140
Provision & Write-off of Bad Debts	352	200	24	58	152
Other Operating Activities	-1,309	4,847	9,060	4,838	4,245
Change in Accounts Receivable	-656	-1,943	-1,634	-1,115	156
Change in Inventory	221	-807	154	-328	195
Change in Other Net Operating Assets	-15,159	-14,663	-16,540	-13,723	-12,575
Operating Cash Flow	2,093	3,223	5,746	8,654	8,932
Operating Cash Flow Growth	-35.06%	-43.91%	-33.60%	-3.11%	15.15%
Capital Expenditures	-516	-517	-690	-626	-755
Sale of Property, Plant & Equipment	26	6	14	15	54
Divestitures	646	-	-	-	-
Sale (Purchase) of Intangibles	-330	-643	-530	-447	-849
Investment in Securities	35	-132	-259	-4,368	-1,401
Other Investing Activities	-21	-8	179	182	-146
Investing Cash Flow	-122	-1,295	-1,274	-5,235	-3,076
Long-Term Debt Issued	-	4,001	12,906	5,453	2,000
Long-Term Debt Repaid	-3,554	-2,570	-10,490	-4,873	-2,486
Net Debt Issued (Repaid)	-3,554	1,431	2,416	580	-486
Repurchase of Common Stock	-87	-577	-109	-395	-152
Common Dividends Paid	-	-	-2,415	-2,418	-2,411
Other Financing Activities	142	-176	-1,517	-1,982	-1,491
Financing Cash Flow	-3,499	678	-1,625	-4,215	-4,540
Foreign Exchange Rate Adjustments	-1,013	-2,555	-1,461	-1,586	-1,924
Miscellaneous Cash Flow Adjustments	317	-317	-	-	-
Net Cash Flow	-2,224	-266	1,386	-2,382	-608
Free Cash Flow	1,577	2,706	5,056	8,028	8,177
Free Cash Flow Growth	-41.72%	-46.48%	-37.02%	-1.82%	14.54%
Free Cash Flow Margin	3.11%	4.83%	8.55%	14.53%	15.33%
Free Cash Flow Per Share	3.69	6.37	11.84	18.29	18.80
Cash Interest Paid	2,175	1,791	1,069	752	796
Cash Income Tax Paid	3,628	3,659	3,396	3,572	4,095
Levered Free Cash Flow	17,139	20,243	20,209	23,224	20,112
Unlevered Free Cash Flow	18,394	21,493	21,121	23,980	20,787
Change in Working Capital	-15,594	-17,413	-18,020	-15,166	-12,224

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