Sibanye Stillwater 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
Changes in Other Operating Activities	7,677	5,699	-11,631	-25,203	-35,528
Operating Cash Flow	21,407	10,113	7,095	15,543	32,256
Operating Cash Flow Growth	111.68%	42.54%	-54.35%	-51.81%	18.80%
Capital Expenditures	-20,307	-21,569	-22,411	-15,899	-12,740
Sale of Property, Plant & Equipment	481	129	168	191	80
Purchases of Investments	-941	-526	-1,054	-864	-2,249
Proceeds from Sale of Investments	786	457	202	-	-
Payments for Business Acquisitions	-2,083	-2,982	471	-1,317	-577
Proceeds from Business Divestments	-	-	-	14	25
Other Investing Activities	279	153	586	501	893
Investing Cash Flow	-21,692	-24,338	-22,038	-17,374	-14,568
Long-Term Debt Issued	7,912	8,278	14,431	8,000	20,651
Long-Term Debt Repaid	-4,883	-3,335	-1,323	-8,003	-20,252
Net Long-Term Debt Issued (Repaid)	3,029	4,943	13,108	-3	399
Issuance of Common Stock	-	-	1,096	-	-
Repurchase of Common Stock	-	-	-1,009	-3,363	-8,631
Net Common Stock Issued (Repurchased)	-	-	87	-3,363	-8,631
Other Financing Activities	-228	-208	-219	-131	-112
Financing Cash Flow	2,756	4,735	12,976	-3,497	-8,344
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1,342	-21	1,451	1,112	708
Net Cash Flow	2,471	-9,490	-1,967	-5,328	9,344
Free Cash Flow	1,100	-11,456	-15,316	-356	19,516
Free Cash Flow Growth	-	-	-	-	11.30%
FCF Margin	0.85%	-10.22%	-13.47%	-0.26%	11.33%
Free Cash Flow Per Share	1.55	-16.19	-21.64	-0.50	26.67
Levered Free Cash Flow	-14,772	-18,224	-58,706	-22,709	-14,815
Unlevered Free Cash Flow	-33,961	938.86	8,920	-18,303	-1,943

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.