Sygnia 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	2016 - 2020
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	2016 - 2020
Net Income	382.35	346.67	299.81	286.73	240.44	Upgrade
Depreciation & Amortization	23.82	20.35	26.44	25.44	28.46	Upgrade
Loss (Gain) From Sale of Investments	-4.5	-9.87	-7.96	-5.93	-6.31	Upgrade
Stock-Based Compensation	10.85	4.58	1.85	8.89	8.38	Upgrade
Other Operating Activities	9.34	6.03	-16.45	3.85	16.85	Upgrade
Change in Accounts Receivable	-30.91	7.03	-3.7	-2.25	-13.39	Upgrade
Change in Accounts Payable	15.18	-718.3	749.27	-84.19	45.52	Upgrade
Change in Other Net Operating Assets	-4.1	0.79	-2.85	0.1	-3.02	Upgrade
Operating Cash Flow	402.04	-342.73	1,046	232.64	316.92	Upgrade
Operating Cash Flow Growth	-	-	349.81%	-26.60%	-0.79%	Upgrade
Capital Expenditures	-13.19	-5.53	-2.8	-2.61	-2.72	Upgrade
Investment in Securities	-14.07	-129.66	30.87	-65.86	23.5	Upgrade
Investing Cash Flow	-28.33	-128.41	33.11	-60.97	25.81	Upgrade
Long-Term Debt Repaid	-13.41	-19.8	-26.49	-38.27	-43.34	Upgrade
Net Debt Issued (Repaid)	-13.41	-19.8	-26.49	-38.27	-43.34	Upgrade
Issuance of Common Stock	-	0.39	1.49	10.51	83.16	Upgrade
Repurchase of Common Stock	-7.94	-	-0.15	-5.27	-	Upgrade
Common Dividends Paid	-345.94	-322.22	-326.57	-239.93	-182.42	Upgrade
Other Financing Activities	-0.51	-0.6	-0.56	-0.61	-0.23	Upgrade
Financing Cash Flow	-367.79	-342.24	-352.27	-273.58	-142.83	Upgrade
Foreign Exchange Rate Adjustments	5.19	0.1	-0.6	-1.04	0.9	Upgrade
Net Cash Flow	11.1	-813.27	726.65	-102.96	200.8	Upgrade
Free Cash Flow	388.85	-348.26	1,044	230.03	314.2	Upgrade
Free Cash Flow Growth	-	-	353.69%	-26.79%	-0.85%	Upgrade
Free Cash Flow Margin	36.45%	-36.81%	123.67%	28.44%	42.62%	Upgrade
Free Cash Flow Per Share	2.50	-2.26	6.77	1.49	2.17	Upgrade
Cash Interest Paid	18.65	18.02	13.17	11.34	12.53	Upgrade
Cash Income Tax Paid	146.68	130.18	139.03	111.02	80.56	Upgrade
Levered Free Cash Flow	307.22	-415.43	984.22	188.45	340.01	Upgrade
Unlevered Free Cash Flow	318.74	-404.22	992.46	195.55	347.78	Upgrade
Change in Working Capital	-19.83	-710.47	742.72	-86.34	29.11	Upgrade

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