Sun International Cash Flow Statement

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,616	1,858	1,205	555	263
Depreciation & Amortization	746	732	723	742	772
Other Amortization	38	40	42	67	74
Loss (Gain) From Sale of Assets	30	2	31	15	10
Asset Writedown & Restructuring Costs	54	3	-	-	-
Loss (Gain) From Sale of Investments	-4	-1	25	18	10
Stock-Based Compensation	57	39	46	32	-3
Other Operating Activities	574	495	1,216	1,781	637
Change in Accounts Receivable	-71	78	72	-224	-108
Change in Inventory	-15	25	-17	-30	12
Change in Accounts Payable	179	-101	-50	291	25
Operating Cash Flow	3,119	3,118	3,218	3,247	1,694
Operating Cash Flow Growth	0.03%	-3.11%	-0.89%	91.68%	398.23%
Capital Expenditures	-1,238	-1,016	-1,194	-922	-489
Sale of Property, Plant & Equipment	23	36	34	37	54
Sale (Purchase) of Intangibles	-29	-43	-47	-21	-21
Sale (Purchase) of Real Estate	-8	-2	-	-99	-61
Investment in Securities	-	-	-4	-374	-
Other Investing Activities	261	408	12	7	4
Investing Cash Flow	-991	-617	-1,199	-1,372	-513
Long-Term Debt Issued	47	-	260	775	1,151
Total Debt Issued	47	-	260	775	1,151
Long-Term Debt Repaid	-451	-636	-547	-1,412	-1,793
Total Debt Repaid	-451	-636	-547	-1,412	-1,793
Net Debt Issued (Repaid)	-404	-636	-287	-637	-642
Repurchase of Common Stock	-166	-173	-77	-94	-33
Common Dividends Paid	-1,017	-912	-985	-225	-
Other Financing Activities	-592	-738	-781	-745	-701
Financing Cash Flow	-2,179	-2,459	-2,130	-1,701	-1,376
Foreign Exchange Rate Adjustments	23	-61	-52	-2	31
Net Cash Flow	-28	-19	-163	172	-164
Free Cash Flow	1,881	2,102	2,024	2,325	1,205
Free Cash Flow Growth	-10.51%	3.85%	-12.95%	92.95%	-
Free Cash Flow Margin	14.49%	16.72%	16.92%	20.62%	15.43%
Free Cash Flow Per Share	7.75	8.58	8.24	9.28	4.80
Cash Interest Paid	460	558	566	480	543
Cash Income Tax Paid	532	540	497	436	449
Levered Free Cash Flow	1,074	818.75	881.75	1,360	329.63
Unlevered Free Cash Flow	1,398	1,202	1,296	1,682	710.25
Change in Working Capital	93	2	5	37	-71

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.