Newpark REIT Limited (JSE: NRL)

Newpark REIT Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 29, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Net Income	-222.28	-222.28	130.65	26.88	17.09	12.16
Depreciation & Amortization	0.19	0.19	0.19	0.23	0.27	0.36
Asset Writedown	274.68	274.68	-65.87	24.32	6.51	25.77
Change in Accounts Receivable	1.78	1.78	2.45	-6.52	-1.99	-0.17
Change in Accounts Payable	-0.71	-0.71	-13.65	3.79	-3.45	3.29
Other Operating Activities	29.87	29.87	2.58	-4.57	16.29	6.73
Operating Cash Flow	83.52	83.52	56.35	48.83	34.71	48.13
Operating Cash Flow Growth	48.20%	48.20%	15.40%	40.68%	-27.89%	-9.95%
Acquisition of Real Estate Assets	-34.44	-34.44	-0.35	-0.15	-0.45	-0.91
Net Sale / Acq. of Real Estate Assets	-34.44	-34.44	-0.35	-0.15	-0.45	-0.91
Investing Cash Flow	-34.44	-34.44	-0.35	-0.15	-0.45	-0.91
Long-Term Debt Issued	78.67	78.67	196.85	-	-	-
Total Debt Issued	78.67	78.67	196.85	-	-	-
Long-Term Debt Repaid	-54.17	-54.17	-196.85	-	-2	-6.5
Total Debt Repaid	-54.17	-54.17	-196.85	-	-2	-6.5
Net Debt Issued (Repaid)	24.5	24.5	-	-	-2	-6.5
Common Dividends Paid	-77.2	-77.2	-50.25	-41.91	-35.38	-42.67
Net Cash Flow	-3.62	-3.62	5.76	6.77	-3.11	-1.95
Cash Interest Paid	41.93	41.93	39.86	46.59	46.34	44.28
Levered Free Cash Flow	36.04	36.04	19.15	21.25	17.27	30.31
Unlevered Free Cash Flow	62.97	62.97	44.16	50.37	46.23	58.33
Change in Net Working Capital	-2.22	-2.22	11.03	-1.98	5.44	-3.12

Source: S&P Capital IQ. Real Estate template. Financial Sources.