Pepkor Holdings Cash Flow Statement

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

Millions ZAR. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	5,638	2,072	-1,298	6,114	4,875
Depreciation & Amortization	4,641	4,343	4,169	4,074	3,662
Other Amortization	268	254	200	196	137
Loss (Gain) From Sale of Assets	22	47	72	-	-1
Asset Writedown & Restructuring Costs	352	2,869	6,796	205	254
Loss (Gain) From Sale of Investments	-	-2	-	-	-
Stock-Based Compensation	247	197	221	260	229
Provision & Write-off of Bad Debts	4,792	2,977	2,163	1,357	1,159
Other Operating Activities	1,048	1,617	-1,830	318	482
Change in Accounts Receivable	-400	-88	-77	-490	-212
Change in Inventory	-1,654	-3,384	-1,529	-5,115	-1,854
Change in Accounts Payable	158	2,253	80	1,639	-56
Change in Other Net Operating Assets	-8,859	-5,988	-1,926	-1,441	-1,564
Operating Cash Flow	6,253	7,930	7,811	7,099	7,111
Operating Cash Flow Growth	-21.15%	1.52%	10.03%	-0.17%	-18.69%
Capital Expenditures	-2,404	-2,141	-2,436	-2,281	-1,639
Sale of Property, Plant & Equipment	144	43	73	39	26
Cash Acquisitions	-218	-73	-	-1,843	-
Divestitures	-	313	-	-	63
Sale (Purchase) of Intangibles	-421	-471	-276	-269	-212
Investment in Securities	-10	15	67	275	2
Investing Cash Flow	-2,909	-2,314	-2,572	-3,470	-1,760
Short-Term Debt Issued	11,675	8,034	-	-	-
Long-Term Debt Issued	8,833	2,222	1,896	5,000	4,700
Total Debt Issued	20,508	10,256	1,896	5,000	4,700
Short-Term Debt Repaid	-11,617	-8,408	-	-	-
Long-Term Debt Repaid	-9,953	-5,250	-5,007	-8,121	-8,903
Total Debt Repaid	-21,570	-13,658	-5,007	-8,121	-8,903
Net Debt Issued (Repaid)	-1,062	-3,402	-3,111	-3,121	-4,203
Repurchase of Common Stock	-	-94	-519	-652	-762
Common Dividends Paid	-1,787	-1,763	-2,025	-1,634	-
Other Financing Activities	-226	-	-	-	-20
Financing Cash Flow	-3,075	-5,259	-5,655	-5,407	-4,985
Foreign Exchange Rate Adjustments	29	-409	-8	404	-75
Net Cash Flow	298	-52	-424	-1,374	291
Free Cash Flow	3,849	5,789	5,375	4,818	5,472
Free Cash Flow Growth	-33.51%	7.70%	11.56%	-11.95%	-24.94%
Free Cash Flow Margin	4.04%	6.80%	6.81%	5.94%	7.08%
Free Cash Flow Per Share	1.03	1.56	1.47	1.28	1.47
Cash Interest Paid	3,043	3,081	2,866	2,321	2,221
Cash Income Tax Paid	1,860	1,181	2,537	2,005	1,953
Levered Free Cash Flow	2,917	5,741	3,709	3,351	5,646
Unlevered Free Cash Flow	5,013	7,896	5,582	4,890	7,105
Change in Working Capital	-10,755	-7,207	-3,452	-5,407	-3,686

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.