OUTsurance Group Cash Flow Statement

Financials in millions ZAR. Fiscal year is July - June.

Millions ZAR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	4,995	4,707	4,061	2,980	22,396	2,893
Depreciation & Amortization	254	241	177	148	161	142
Other Amortization	49	49	38	34	29	20
Gain (Loss) on Sale of Assets	-25	-25	-55	-56	1	7
Gain (Loss) on Sale of Investments	-744	-744	-742	4	-4,472	-603
Stock-Based Compensation	761	761	231	334	195	139
Change in Accounts Receivable	92	92	-179	-702	-1,059	-257
Reinsurance Recoverable	-	-	-	-	-267	-182
Change in Unearned Revenue	-	-	-	-	1,508	1,043
Change in Insurance Reserves / Liabilities	-	-	-	-	450	28
Change in Other Net Operating Assets	274	274	70	304	894	425
Other Operating Activities	1,098	1,029	-225	-860	-3,999	802
Operating Cash Flow	6,565	6,195	3,249	2,166	580	3,597
Operating Cash Flow Growth	28.57%	90.67%	50.00%	273.45%	-83.88%	-7.98%
Capital Expenditures	-306	-373	-185	-155	-95	-81
Sale of Property, Plant & Equipment	204	215	181	109	6	1
Investment in Securities	-1,353	-549	-544	-618	15,949	-1,932
Other Investing Activities	196	59	39	10	-402	-
Investing Cash Flow	-1,268	-648	-509	-654	15,458	-2,012
Long-Term Debt Issued	-	-	1,225	-	245	-
Total Debt Repaid	-450	-894	-513	-57	-288	-2,149
Net Debt Issued (Repaid)	-450	-894	712	-57	-43	-2,149
Common Dividends Paid	-3,554	-3,100	-2,129	-1,423	-909.11	-345
Total Dividends Paid	-3,554	-3,100	-2,129	-1,423	-909.11	-345
Other Financing Activities	-971	-744	-1,144	-910	-13,298	1,186
Financing Cash Flow	-5,589	-5,352	-2,691	-2,480	-16,221	-1,308
Foreign Exchange Rate Adjustments	-72	-24	-32	146	78	-73
Miscellaneous Cash Flow Adjustments	2	2	-	-11	-5	-
Net Cash Flow	-362	173	17	-833	-110	204
Free Cash Flow	6,259	5,822	3,064	2,011	485	3,516
Free Cash Flow Growth	28.76%	90.01%	52.36%	314.64%	-86.21%	-7.74%
Free Cash Flow Margin	14.91%	14.77%	8.98%	7.14%	2.26%	18.49%
Free Cash Flow Per Share	4.05	3.77	2.00	1.31	0.32	2.30
Cash Income Tax Paid	2,236	2,315	1,838	1,314	1,185	1,116
Levered Free Cash Flow	3,173	7,505	4,972	3,159	4,496	1,200
Unlevered Free Cash Flow	3,261	7,567	5,015	3,181	4,766	1,591
Change in Working Capital	366	366	-109	-398	1,358	1,007

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.