Mahube Infrastructure Cash Flow Statement

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

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	-21.21	33.78	52.86	-29.61	65.59
Depreciation & Amortization	0.02	0.02	0.02	0.5	0.68
Asset Writedown & Restructuring Costs	24.45	-	-	-	-
Loss (Gain) From Sale of Investments	-	-28.49	-17.17	33.11	-22.16
Other Operating Activities	0.11	-0.44	-0.85	-1.15	-0.81
Change in Accounts Receivable	7.11	18.38	-16.79	15.88	9.21
Change in Accounts Payable	1.82	-0.39	0.46	-0.02	0.03
Operating Cash Flow	12.3	22.87	18.53	18.72	52.53
Operating Cash Flow Growth	-46.22%	23.38%	-0.97%	-64.37%	-
Capital Expenditures	-0.03	-0.03	-0.03	-0.01	-
Investment in Securities	-	-	-	-	-0.11
Other Investing Activities	-	3.02	3.56	-	-
Investing Cash Flow	0.54	2.99	3.53	0.19	1.02
Long-Term Debt Repaid	-	-	-	-0.56	-0.63
Total Debt Repaid	-	-	-	-0.56	-0.63
Net Debt Issued (Repaid)	-	-	-	-0.56	-0.63
Common Dividends Paid	-8.27	-22.06	-19.3	-42.47	-33.09
Financing Cash Flow	-8.27	-22.06	-19.3	-43.03	-33.72
Net Cash Flow	4.56	3.8	2.76	-24.12	19.82
Free Cash Flow	12.27	22.84	18.5	18.7	52.53
Free Cash Flow Growth	-46.27%	23.43%	-1.07%	-64.40%	-
Free Cash Flow Margin	-	45.89%	27.14%	-	-
Free Cash Flow Per Share	0.22	0.41	0.34	0.34	0.95
Cash Interest Paid	-	-	-	0.03	0.12
Cash Income Tax Paid	-	0.25	0.15	0.26	0.15
Levered Free Cash Flow	-3.98	38.97	16.97	6.5	1.78
Unlevered Free Cash Flow	-3.98	38.97	16.97	6.52	1.85
Change in Working Capital	8.93	17.99	-16.33	15.86	9.23