Pan African Resources Cash Flow Statement

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

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	141.6	79.38	60.92	75.14	74.69
Depreciation & Amortization	34.39	21.82	20.81	26.57	32.26
Other Amortization	0.13	0.08	0.09	0.13	0.13
Loss (Gain) From Sale of Assets	0.05	0.11	-	-	-0
Asset Writedown & Restructuring Costs	2.95	-	-	0.47	-
Stock-Based Compensation	3.76	0.97	-4.37	-9.84	1.95
Other Operating Activities	1.55	5.37	39.17	35.6	-11.53
Change in Accounts Receivable	2.83	-6.06	-0.4	4.41	-10.4
Change in Inventory	-4.81	-1.78	-0.84	0.09	-1.79
Change in Accounts Payable	-0.13	12.14	7.91	2.42	11.14
Operating Cash Flow	182.32	112.03	123.29	134.99	96.45
Operating Cash Flow Growth	62.74%	-9.13%	-8.67%	39.95%	68.55%
Capital Expenditures	-157.91	-166.24	-112.71	-82.68	-44.4
Sale of Property, Plant & Equipment	0.13	0.14	0.16	0.56	0
Cash Acquisitions	9.69	-	-2.94	-	-
Sale (Purchase) of Intangibles	-0.71	-	-0.11	-0	-0.05
Investment in Securities	-	-3.28	2.49	-	-0.14
Other Investing Activities	-1.05	-	0.13	0.15	0.15
Investing Cash Flow	-149.85	-169.38	-112.73	-81.39	-44.15
Long-Term Debt Issued	139.53	114.2	94.71	12.9	15.96
Long-Term Debt Repaid	-122.07	-43.77	-69.84	-42.04	-54.04
Net Debt Issued (Repaid)	17.46	70.43	24.87	-29.14	-38.07
Repurchase of Common Stock	-	-	-	-3.22	-
Common Dividends Paid	-27.46	-21.23	-23.17	-24.98	-20.61
Other Financing Activities	-	-1.45	-	-	-
Financing Cash Flow	-10	47.75	1.7	-57.34	-58.68
Foreign Exchange Rate Adjustments	0.73	1.16	-4.48	-4.4	7.98
Net Cash Flow	23.2	-8.44	7.78	-8.14	1.6
Free Cash Flow	24.41	-54.21	10.58	52.31	52.06
Free Cash Flow Growth	-	-	-79.77%	0.48%	129.63%
Free Cash Flow Margin	4.52%	-14.50%	3.31%	13.90%	14.11%
Free Cash Flow Per Share	0.01	-0.03	0.01	0.03	0.03
Cash Interest Paid	21.44	11.57	6.25	4.04	6.11
Cash Income Tax Paid	20.15	13.01	6.52	6.76	15.4
Levered Free Cash Flow	-8.46	-63.57	-22.21	22.73	59.22
Unlevered Free Cash Flow	3.07	-58.42	-17.61	25.47	63.4
Change in Working Capital	-2.11	4.3	6.66	6.93	-1.05

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