Nampak Cash Flow Statement

Financials in millions ZAR. Fiscal year is October - September.

Millions ZAR. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	3,466	-372.6	-4,033	-146.9	207.2
Depreciation & Amortization	267.5	234.1	264.3	460.5	447.9
Other Amortization	-	-	-	11.2	12.5
Loss (Gain) From Sale of Assets	-81.6	-155.2	-107.7	-	15.2
Asset Writedown & Restructuring Costs	-352.5	-515.2	1,110	502.3	229.1
Loss (Gain) From Sale of Investments	-	3.7	-	-17.8	-
Loss (Gain) on Equity Investments	-	4.7	6.2	-5.1	0.9
Stock-Based Compensation	38.4	31	-1.1	26.5	3.3
Provision & Write-off of Bad Debts	-	-18.1	65.4	9	-
Other Operating Activities	-2,267	664.6	1,642	-127.7	11.8
Change in Accounts Receivable	78.6	-567.9	423	-404.2	-987.7
Change in Inventory	-185.3	-79.1	369.9	-753.8	-388.8
Change in Accounts Payable	-46.7	822.3	111.6	499.5	755.3
Operating Cash Flow	1,283	385.5	186.1	53.5	306.7
Operating Cash Flow Growth	232.87%	107.15%	247.85%	-82.56%	-26.06%
Capital Expenditures	-382.9	-392.9	-352.5	-208.3	-312.9
Sale of Property, Plant & Equipment	156.4	232.5	235.5	43	40.9
Divestitures	1,390	274.1	-	-	-
Investment in Securities	-8.6	6.4	11.1	3.4	270.1
Other Investing Activities	60.4	-15.1	18.2	-	57.4
Investing Cash Flow	1,215	105	-87.7	-161.9	55.5
Short-Term Debt Issued	-	-	-	177.9	-
Long-Term Debt Issued	823.7	5,400	6,650	912.1	1,500
Total Debt Issued	823.7	5,400	6,650	1,090	1,500
Short-Term Debt Repaid	-	-111.4	-66.5	-	-
Long-Term Debt Repaid	-2,484	-6,978	-7,218	-637	-2,070
Total Debt Repaid	-2,484	-7,089	-7,284	-637	-2,070
Net Debt Issued (Repaid)	-1,660	-1,689	-634.6	453	-570.1
Issuance of Common Stock	-	-	1,000	-	-
Repurchase of Common Stock	-	-	-12.6	-45.5	-
Common Dividends Paid	-0.1	-13.9	-10.1	-0.1	-0.1
Other Financing Activities	-	-	-40.1	-	-
Financing Cash Flow	-1,660	-1,703	302.6	407.4	-570.2
Foreign Exchange Rate Adjustments	-13.1	-78.4	-58.7	91	-80.8
Net Cash Flow	824.9	-1,291	342.3	390	-288.8
Free Cash Flow	900.3	-7.4	-166.4	-154.8	-6.2
Free Cash Flow Margin	8.39%	-0.07%	-1.68%	-0.91%	-0.04%
Free Cash Flow Per Share	106.54	-0.88	-48.40	-60.82	-2.40
Cash Interest Paid	590.6	988.9	1,169	557.4	544
Cash Income Tax Paid	139.8	350.4	226	169.6	152
Levered Free Cash Flow	917.24	-93.43	160.19	392.23	225.39
Unlevered Free Cash Flow	1,284	481.2	728.31	760.54	539.01
Change in Working Capital	-153.4	175.3	904.5	-658.5	-621.2

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.