Newpark REIT Limited (JSE:NRL)

Newpark REIT Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Net Income	36.14	-222.28	130.65	26.88	17.09
Depreciation & Amortization	0.19	0.19	0.19	0.23	0.27
Asset Writedown	6.21	274.68	-65.87	24.32	6.51
Change in Accounts Receivable	1.67	1.78	2.45	-6.52	-1.99
Change in Accounts Payable	-11.99	-0.71	-13.65	3.79	-3.45
Other Operating Activities	36.02	29.87	2.58	-4.57	16.29
Operating Cash Flow	68.24	83.52	56.35	48.83	34.71
Operating Cash Flow Growth	-18.29%	48.20%	15.40%	40.68%	-27.89%
Acquisition of Real Estate Assets	-9.26	-34.44	-0.35	-0.15	-0.45
Net Sale / Acq. of Real Estate Assets	-9.26	-34.44	-0.35	-0.15	-0.45
Investing Cash Flow	-9.26	-34.44	-0.35	-0.15	-0.45
Long-Term Debt Issued	545.2	78.67	196.85	-	-
Total Debt Issued	545.2	78.67	196.85	-	-
Long-Term Debt Repaid	-544.7	-54.17	-196.85	-	-2
Total Debt Repaid	-544.7	-54.17	-196.85	-	-2
Net Debt Issued (Repaid)	0.5	24.5	-	-	-2
Common Dividends Paid	-65.37	-77.2	-50.25	-41.91	-35.38
Net Cash Flow	-5.89	-3.62	5.76	6.77	-3.11
Cash Interest Paid	45.92	41.93	39.86	46.59	46.34
Levered Free Cash Flow	19.49	36.04	19.15	21.25	17.27
Unlevered Free Cash Flow	48.19	62.97	44.16	50.37	46.23
Change in Net Working Capital	9	-2.22	11.03	-1.98	5.44

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