Lynas Rare Earths Cash Flow Statement

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	2016 - 2020
Net Income	7.99	84.51	310.67	540.82	157.08	Upgrade
Depreciation & Amortization	43	14.76	13.8	8.05	7.32	Upgrade
Other Amortization	7.1	7.27	7.77	7.39	6.89	Upgrade
Loss (Gain) From Sale of Assets	-2.03	1.8	2.61	-0.23	-1.16	Upgrade
Stock-Based Compensation	7.18	7.17	7.21	4.42	2.46	Upgrade
Other Operating Activities	7.6	-30.16	-1.35	32.51	55.27	Upgrade
Change in Accounts Receivable	0.65	7.63	53.11	-83.92	-22.52	Upgrade
Change in Inventory	56.4	-4.92	-19.17	-14.68	1.53	Upgrade
Change in Accounts Payable	5.07	-24.96	17.26	20.77	7.81	Upgrade
Change in Other Net Operating Assets	-28.79	-28.12	-5.15	-55.07	0.38	Upgrade
Operating Cash Flow	104.17	34.96	386.75	460.07	215.07	Upgrade
Operating Cash Flow Growth	197.93%	-90.96%	-15.94%	113.92%	570.59%	Upgrade
Capital Expenditures	-430.82	-579.34	-595.52	-186.3	-40.44	Upgrade
Investment in Securities	-	-	-	100	-100	Upgrade
Other Investing Activities	24.63	72.12	41.01	2.7	2.19	Upgrade
Investing Cash Flow	-406.19	-507.22	-554.5	-83.6	-138.26	Upgrade
Long-Term Debt Repaid	-38.96	-16.16	-9.11	-7.26	-1.84	Upgrade
Net Debt Issued (Repaid)	-38.96	-16.16	-9.11	-7.26	-1.84	Upgrade
Issuance of Common Stock	-	-	214.35	-	425.32	Upgrade
Other Financing Activities	-6.34	-6.38	-6.24	-6.56	-17.89	Upgrade
Financing Cash Flow	-45.3	-22.54	199	-13.81	405.59	Upgrade
Foreign Exchange Rate Adjustments	-10.03	7.42	14.37	22.1	-3.3	Upgrade
Net Cash Flow	-357.35	-487.37	45.63	384.76	479.1	Upgrade
Free Cash Flow	-326.66	-544.38	-208.76	273.77	174.62	Upgrade
Free Cash Flow Growth	-	-	-	56.78%	773.89%	Upgrade
Free Cash Flow Margin	-58.70%	-117.50%	-28.24%	29.76%	35.71%	Upgrade
Free Cash Flow Per Share	-0.35	-0.58	-0.23	0.30	0.20	Upgrade
Cash Interest Paid	6.34	6.38	6.24	6.56	6.43	Upgrade
Cash Income Tax Paid	20.5	50.77	14.61	0.68	0.27	Upgrade
Levered Free Cash Flow	-466.49	-534.76	-318.99	66.45	79	Upgrade
Unlevered Free Cash Flow	-472.18	-541.49	-327.81	62.72	78.4	Upgrade
Change in Working Capital	33.33	-50.38	46.04	-132.89	-12.81	Upgrade

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