Southern Sun Cash Flow Statement

Financials in millions ZAR. Fiscal year is April - March.

Millions ZAR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	1,021	1,024	856	1,014	-156	-896
Depreciation & Amortization	463	419	366	348	360	407
Other Amortization	4	4	3	3	5	-
Loss (Gain) From Sale of Assets	-1	-1	3	5	1	-
Asset Writedown & Restructuring Costs	24	24	-59	2	-55	-
Loss (Gain) on Equity Investments	-99	-99	-80	-25	-26	-
Provision & Write-off of Bad Debts	3	3	2	7	20	-
Other Operating Activities	320	333	343	-5	130	-100
Change in Accounts Receivable	99	99	-152	-274	-280	-
Change in Inventory	-1	-1	-6	-12	-7	-
Change in Accounts Payable	-277	-277	83	230	276	-
Change in Other Net Operating Assets	63	-	-	-	-	195
Operating Cash Flow	1,619	1,528	1,359	1,315	280	-394
Operating Cash Flow Growth	21.73%	12.44%	3.35%	369.64%	-	-
Capital Expenditures	-626	-491	-339	-273	-40	-56
Sale of Property, Plant & Equipment	3	3	27	1	1	3
Cash Acquisitions	-	-	-	-	-	24
Divestitures	-	-	-	471	-	-
Sale (Purchase) of Intangibles	-32	-29	-2	-2	-1	-6
Sale (Purchase) of Real Estate	-48	-29	-185	-31	-7	-1
Investment in Securities	32	32	101	3	2	467
Other Investing Activities	49	-	-	-2	5	-
Investing Cash Flow	-622	-514	-398	167	-40	422
Long-Term Debt Issued	-	539	85	2,383	479	241
Long-Term Debt Repaid	-	-1,622	-450	-3,851	-458	-566
Net Debt Issued (Repaid)	-508	-1,083	-365	-1,468	21	-325
Repurchase of Common Stock	-79	-	-617	-45	-	-
Common Dividends Paid	-340	-168	-1	-1	-	-
Other Financing Activities	65	-	-233	230	-	-5
Financing Cash Flow	-862	-1,251	-1,216	-1,284	21	-330
Foreign Exchange Rate Adjustments	-7	-6	11	20	-3	-13
Net Cash Flow	128	-243	-244	218	258	-315
Free Cash Flow	993	1,037	1,020	1,042	240	-450
Free Cash Flow Growth	8.76%	1.67%	-2.11%	334.17%	-	-
Free Cash Flow Margin	14.68%	15.69%	16.87%	18.01%	9.45%	-43.35%
Free Cash Flow Per Share	0.73	0.75	0.72	0.69	0.16	-0.36
Cash Interest Paid	229	277	352	335	346	379
Cash Income Tax Paid	336	326	225	100	8	42
Levered Free Cash Flow	834.75	830.63	784.25	980.5	140.5	-256.13
Unlevered Free Cash Flow	964.75	998.13	988	1,194	369.25	-19.25
Change in Working Capital	-116	-179	-75	-56	-11	195

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