Newpark REIT Limited (JSE:NRL)

Newpark REIT Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Net Income	49.65	36.14	-222.28	130.65	26.88	17.09
Depreciation & Amortization	0.18	0.19	0.19	0.19	0.23	0.27
Asset Writedown	6.21	6.21	274.68	-65.87	24.32	6.51
Change in Accounts Receivable	1.67	1.67	1.78	2.45	-6.52	-1.99
Change in Accounts Payable	-11.99	-11.99	-0.71	-13.65	3.79	-3.45
Other Operating Activities	13.81	36.02	29.87	2.58	-4.57	16.29
Operating Cash Flow	59.66	68.24	83.52	56.35	48.83	34.71
Operating Cash Flow Growth	-26.05%	-18.29%	48.20%	15.40%	40.68%	-27.89%
Acquisition of Real Estate Assets	-2.82	-9.26	-34.44	-0.35	-0.15	-0.45
Net Sale / Acq. of Real Estate Assets	-2.82	-9.26	-34.44	-0.35	-0.15	-0.45
Investing Cash Flow	-2.82	-9.26	-34.44	-0.35	-0.15	-0.45
Long-Term Debt Issued	-	545.2	78.67	196.85	-	-
Total Debt Issued	525.95	545.2	78.67	196.85	-	-
Long-Term Debt Repaid	-	-544.7	-54.17	-196.85	-	-2
Total Debt Repaid	-500.21	-544.7	-54.17	-196.85	-	-2
Net Debt Issued (Repaid)	25.74	0.5	24.5	-	-	-2
Common Dividends Paid	-78.37	-65.37	-77.2	-50.25	-41.91	-35.38
Net Cash Flow	4.21	-5.89	-3.62	5.76	6.77	-3.11
Cash Interest Paid	46.31	45.92	41.93	39.86	46.59	46.34
Levered Free Cash Flow	20.89	19.49	36.04	19.15	21.25	17.27
Unlevered Free Cash Flow	49.84	48.19	62.97	44.16	50.37	46.23
Change in Working Capital	-10.2	-10.32	1.06	-11.2	-2.73	-5.44

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