Valterra Platinum Limited (JSE:VAL)
South Africa · Delayed Price · Currency is ZAR · Price in ZAc 115,477
+5,077 (4.60%)
Jul 29, 2026, 5:09 PM SAST
Valterra Platinum 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 | 36,444 | 15,420 | 7,059 | 13,040 | 49,153 | 78,978 |
Depreciation & Amortization | 8,035 | 8,198 | 7,836 | 6,331 | 5,795 | 4,871 |
Loss (Gain) From Sale of Assets | -19 | -20 | 11 | 890 | -678 | -12 |
Asset Writedown & Restructuring Costs | 1,094 | 1,904 | 1,868 | 177 | 456 | 27 |
Loss (Gain) From Sale of Investments | -362 | 23 | 276 | -538 | 2,438 | -4,451 |
Loss (Gain) on Equity Investments | 483 | 540 | 1,296 | -219 | 227 | -952 |
Stock-Based Compensation | 499 | 464 | 339 | 297 | 262 | 197 |
Provision & Write-off of Bad Debts | -92 | - | 30 | 17 | -195 | 186 |
Other Operating Activities | 10,047 | 5,257 | -586 | 607 | 3,037 | -1,479 |
Change in Accounts Receivable | -1,592 | -1,340 | -110 | -1,990 | -1,340 | -661 |
Change in Inventory | -147 | -3,542 | 7,107 | 13,752 | -10,472 | 7,874 |
Change in Accounts Payable | -2,790 | -1,424 | -1,465 | -1,547 | 1,590 | 1,845 |
Change in Other Net Operating Assets | 6,902 | 3,373 | 3,171 | -14,263 | -4,915 | 10,063 |
Operating Cash Flow | 58,502 | 28,853 | 26,832 | 16,554 | 45,358 | 96,486 |
Operating Cash Flow Growth | 102.76% | 7.53% | 62.09% | -63.50% | -52.99% | 315.89% |
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 | -16,937 | -17,319 | -18,972 | -20,892 | -16,896 | -13,631 |
Sale of Property, Plant & Equipment | 35 | 30 | 48 | 24 | 28 | 128 |
Divestitures | 353 | - | 336 | 3,746 | 5,378 | 3,495 |
Investment in Securities | 131 | 256 | -21 | -392 | -655 | -542 |
Other Investing Activities | 859 | 821 | 1,003 | 1,218 | 893 | 706 |
Investing Cash Flow | -15,559 | -16,212 | -17,606 | -16,296 | -10,958 | -9,836 |
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 | - | 23,631 | 6,000 | 7,035 | - | - |
Long-Term Debt Repaid | - | -25,866 | -7,240 | -94 | -144 | -281 |
Net Debt Issued (Repaid) | -12,618 | -2,235 | -1,240 | 6,941 | -144 | -281 |
Repurchase of Common Stock | -510 | -367 | -391 | -169 | -165 | -12 |
Common Dividends Paid | -11,922 | -16,933 | -5,058 | -12,149 | -23,865 | -27,904 |
Other Financing Activities | -370 | -370 | -1,637 | -2,371 | -2,606 | -1,800 |
Financing Cash Flow | -25,420 | -19,905 | -8,326 | -7,748 | -57,516 | -57,811 |
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 | -1,226 | -1,557 | 170 | 2,250 | 1,226 | 2,653 |
Net Cash Flow | 16,297 | -8,821 | 1,070 | -5,240 | -21,890 | 31,492 |
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 | 41,565 | 11,534 | 7,860 | -4,338 | 28,462 | 82,855 |
Free Cash Flow Growth | 260.37% | 46.74% | - | - | -65.65% | 503.50% |
Free Cash Flow Margin | 26.68% | 9.92% | 7.21% | -3.48% | 17.34% | 38.62% |
Free Cash Flow Per Share | 157.36 | 43.71 | 29.82 | -16.45 | 107.98 | 314.48 |
Levered Free Cash Flow | 30,595 | 5,655 | 8,068 | -6,437 | 24,716 | 70,803 |
Unlevered Free Cash Flow | 31,004 | 6,343 | 8,671 | -6,117 | 24,904 | 70,943 |
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 | 659 | 1,107 | 1,021 | 512 | 301 | 235 |
Cash Income Tax Paid | 5,961 | 2,182 | 2,620 | 3,656 | 14,428 | 27,902 |
Change in Working Capital | 2,373 | -2,933 | 8,703 | -4,048 | -15,137 | 19,121 |