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	Aug 31, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Net Income	-171.84	-222.28	130.65	26.88	17.09	12.16
Depreciation & Amortization	0.11	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	-25.17	29.87	2.58	-4.57	16.29	6.73
Operating Cash Flow	80.67	83.52	56.35	48.83	34.71	48.13
Operating Cash Flow Growth	-6.54%	48.20%	15.40%	40.68%	-27.89%	-9.95%
Acquisition of Real Estate Assets	-23.93	-34.44	-0.35	-0.15	-0.45	-0.91
Net Sale / Acq. of Real Estate Assets	-23.93	-34.44	-0.35	-0.15	-0.45	-0.91
Investing Cash Flow	-23.93	-34.44	-0.35	-0.15	-0.45	-0.91
Long-Term Debt Issued	-	78.67	196.85	-	-	-
Total Debt Issued	97.16	78.67	196.85	-	-	-
Long-Term Debt Repaid	-	-54.17	-196.85	-	-2	-6.5
Total Debt Repaid	-95.16	-54.17	-196.85	-	-2	-6.5
Net Debt Issued (Repaid)	2	24.5	-	-	-2	-6.5
Common Dividends Paid	-70.37	-77.2	-50.25	-41.91	-35.38	-42.67
Net Cash Flow	-11.63	-3.62	5.76	6.77	-3.11	-1.95
Cash Interest Paid	42.74	41.93	39.86	46.59	46.34	44.28
Levered Free Cash Flow	42.02	36.04	19.15	21.25	17.27	30.31
Unlevered Free Cash Flow	69.46	62.97	44.16	50.37	46.23	58.33
Change in Net Working Capital	-2.92	-2.22	11.03	-1.98	5.44	-3.12

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