Octodec Investments Cash Flow Statement

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

Millions ZAR. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Net Income	491.1	215.98	610.46	605.13	-174.82
Depreciation & Amortization	0.88	0.79	0.28	0.31	0.76
Other Amortization	12.13	11.1	9.47	8.8	11.94
Gain (Loss) on Sale of Assets	-	-	-0.14	-	-
Asset Writedown	-48.77	162.9	-175.85	93.21	649
Income (Loss) on Equity Investments	-15.86	-5.83	0.29	-8.75	-3.7
Change in Accounts Receivable	-62.7	-48.22	-24.39	-51.04	-78.91
Change in Accounts Payable	10.15	11.15	2.94	-30.23	14.64
Other Operating Activities	47.64	40.62	-12.52	-259.78	-92.12
Operating Cash Flow	480.85	432.57	447.18	391.07	357.43
Operating Cash Flow Growth	11.16%	-3.27%	14.35%	9.41%	-20.31%
Acquisition of Real Estate Assets	-134.11	-194.27	-129.06	-61.63	-71.2
Sale of Real Estate Assets	152.29	13.77	109.5	218.45	36.06
Net Sale / Acq. of Real Estate Assets	18.18	-180.5	-19.56	156.81	-35.14
Other Investing Activities	6.49	3.44	3.12	-15.4	1.8
Investing Cash Flow	24.67	-177.06	-16.44	214.84	-32.62
Long-Term Debt Issued	750	129.34	2,560	1,422	559.69
Total Debt Issued	750	129.34	2,560	1,422	559.69
Long-Term Debt Repaid	-850.03	-70.03	-2,571	-1,737	-568.9
Total Debt Repaid	-850.03	-70.03	-2,571	-1,737	-568.9
Net Debt Issued (Repaid)	-100.03	59.31	-10.9	-315.13	-9.21
Common Dividends Paid	-338.08	-359.37	-372.68	-266.2	-266.2
Other Financing Activities	-	-	-	-16.39	-
Net Cash Flow	67.4	-44.54	47.16	8.2	49.4
Cash Interest Paid	388.61	412.9	428.37	388.89	414.74
Cash Income Tax Paid	3.58	6.67	0.29	24.89	18.89
Levered Free Cash Flow	351.03	-260.65	349.43	381.13	311.02
Unlevered Free Cash Flow	627.45	29.38	589.08	472.5	484.82
Change in Working Capital	-52.55	-37.08	-21.45	-81.26	-64.28

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.