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SA Corporate Real Estate Limited (JSE:SAC)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
356.00
+4.00 (1.14%)
Jul 27, 2026, 5:00 PM SAST

SA Corporate Real Estate Cash Flow Statement

Millions ZAR. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
564.01645.831,209819.31620.88
Depreciation & Amortization
21.0518.0725.9610.0611.09
Other Amortization
18.3418.8713.9224.7423.54
Gain (Loss) on Sale of Assets
-9.215.5251.775.3321.72
Gain (Loss) on Sale of Investments
--5.53128.3-22.85
Asset Writedown
183-60.05-59936.88430.53
Stock-Based Compensation
17.5318.019.7810.62.8
Income (Loss) on Equity Investments
-146.65-55.25-56.52-246.5336.29
Change in Accounts Receivable
34.06-50.7380.27-177.1520.57
Change in Accounts Payable
-59.6865.5446.53-3.2333.48
Other Operating Activities
30.6241.26-77.22-181.42-516.94
Operating Cash Flow
672.22685.83730.47449.58715.91
Operating Cash Flow Growth
-1.98%-6.11%62.48%-37.20%6.33%

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Acquisition of Real Estate Assets
-283.17-326.09-371.64-469.85-296.59
Sale of Real Estate Assets
390.74133.59778.07271.75824.6
Net Sale / Acq. of Real Estate Assets
107.58-192.5406.43-198.1528.01
Cash Acquisition
-428.65--1,035-3-
Investment in Marketable & Equity Securities
51.6852.27269.2420.75-1.44
Other Investing Activities
--43.174.2597.2494.68
Investing Cash Flow
-102-200.2-364.56152.33607.81

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
262.461,8452,062706931.5
Total Debt Issued
262.461,8452,062706931.5
Long-Term Debt Repaid
-1,236-1,232-1,778-695.97-1,465
Total Debt Repaid
-1,236-1,232-1,778-695.97-1,465
Net Debt Issued (Repaid)
-973.28613.15284.6210.03-533.29
Issuance of Common Stock
744.49----
Repurchase of Common Stock
-36.11-29.64-19.52--16.52
Common Dividends Paid
-656.78-601.17-567.54-643.24-709.21
Other Financing Activities
---48.47--21.48

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-0.89----
Net Cash Flow
-352.34467.9715.01-31.3143.22

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Levered Free Cash Flow
-639.33-129.09972.01759.27501.82
Unlevered Free Cash Flow
-95.8387.711,393938.97650.76

Additional Metrics

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
768.83831.63657.66524.69502.06
Cash Income Tax Paid
3.049.821.22.131.61
Change in Working Capital
-26.1214.5126.79-180.3854.28