Sanlam Limited (JSE:SLM)
South Africa · Delayed Price · Currency is ZAR · Price in ZAc 7,879.00
-116.00 (-1.45%)
Sep 29, 2026, 3:40 PM SAST
Sanlam Cash Flow Statement
Financials in millions ZAR. Fiscal year is January - December.
Millions ZAR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 18,914 | 15,941 | 22,240 | 14,478 | 12,257 | 15,338 |
Depreciation & Amortization | 1,399 | 1,484 | 1,358 | 1,194 | 1,079 | 1,502 |
Gain (Loss) on Sale of Assets | -8,350 | -612 | -4,036 | -494 | -2,216 | -234 |
Gain (Loss) on Sale of Investments | -16,110 | 83 | - | 15 | -29,893 | -604 |
Stock-Based Compensation | 643 | 622 | 489 | 468 | 531 | 506 |
Change in Accounts Receivable | -3,207 | -5,576 | 6,714 | -1,396 | - | - |
Reinsurance Recoverable | -7,144 | -7,144 | -1,818 | - | -7,666 | - |
Change in Accounts Payable | -3,447 | 6,068 | -899 | - | - | - |
Change in Insurance Reserves / Liabilities | - | - | - | - | 11,951 | - |
Change in Other Net Operating Assets | 13,565 | -13,981 | -17,225 | 59,715 | 32,619 | 2,252 |
Other Operating Activities | 25,918 | 25,307 | 8,179 | -23,397 | -25,017 | 53,937 |
Operating Cash Flow | 25,923 | 13,599 | 15,114 | -4,956 | 16,717 | 5,515 |
Operating Cash Flow Growth | 54.20% | -10.02% | - | - | 203.12% | 132.50% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -489 | -484 | -832 | -752 | -574 | -586 |
Sale of Property, Plant & Equipment | -35 | 33 | 267 | 48 | 71 | 48 |
Purchase / Sale of Intangible Assets | -138 | -296 | -203 | -245 | -498 | - |
Cash Acquisitions | -9,810 | -1,972 | -10,971 | -2,437 | -303 | -93 |
Investing Cash Flow | -10,258 | 1,976 | -6,315 | -2,435 | -1,153 | 695 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 2,045 | 8,659 | 3,386 | 1,378 | 3,136 |
Total Debt Repaid | -2,347 | -3,678 | -4,242 | -3,393 | -1,608 | -2,267 |
Lease Payments | -380 | -415 | -388 | -343 | -337 | -419 |
Net Debt Issued (Repaid) | 1,923 | -1,633 | 4,417 | -7 | -230 | 869 |
Issuance of Common Stock | 12 | 12 | 1,516 | 470 | 577 | 261 |
Repurchases of Common Stock | -961 | -665 | -593 | -1,281 | -1,699 | -632 |
Common Dividends Paid | -12,131 | -11,171 | -9,624 | -9,604 | -8,449 | -6,965 |
Other Financing Activities | -16 | -27 | 301 | -720 | 50 | -326 |
Financing Cash Flow | -11,173 | -13,484 | -3,983 | -11,142 | -9,751 | -6,793 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -257 | -284 | 120 | 700 | 95 | 2,251 |
Net Cash Flow | 4,235 | 1,807 | 4,936 | -17,833 | 5,908 | 1,668 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 25,434 | 13,115 | 14,282 | -5,708 | 16,143 | 4,929 |
Free Cash Flow Growth | 58.70% | -8.17% | - | - | 227.51% | 201.47% |
Free Cash Flow Margin | 10.96% | 5.36% | 6.88% | -2.97% | 15.56% | 2.54% |
Free Cash Flow Per Share | 12.03 | 6.20 | 6.77 | -2.73 | 7.77 | 2.36 |
Levered Free Cash Flow | 56,705 | 524,085 | -34,907 | 168,978 | -82,855 | 7,058 |
Unlevered Free Cash Flow | 57,940 | 525,364 | -33,901 | 169,927 | -82,151 | 7,660 |
Free Cash Flow After Leases | 25,054 | 12,700 | 13,894 | -6,051 | 15,806 | 4,510 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,970 | 1,969 | 1,919 | 1,855 | 1,018 | 858 |
Cash Income Tax Paid | 7,674 | 8,085 | 6,922 | 4,873 | 5,000 | 4,529 |
Change in Working Capital | -135 | -20,633 | -13,228 | 58,319 | 36,904 | 2,252 |