East African Breweries Cash Flow Statement

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

Millions KES. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Net Income	12,521	9,466	8,146	9,857	11,857	4,354
Depreciation & Amortization	8,022	8,022	8,045	6,922	5,725	5,099
Other Amortization	142.82	142.82	154.8	170.86	158.63	194.06
Asset Writedown & Restructuring Costs	253.48	253.48	98.76	210.56	319.89	680.08
Stock-Based Compensation	23.96	23.96	29.7	28.06	30.39	25.17
Other Operating Activities	2,199	3,820	4,003	-832.06	6,887	3,540
Change in Accounts Receivable	-3,744	-3,744	-1,057	278.07	1,493	-7,246
Change in Inventory	-3,148	-3,148	2,322	-1,346	-1,340	-645.03
Change in Accounts Payable	8,931	8,931	357.03	-4,235	774.81	8,609
Operating Cash Flow	25,201	23,767	22,098	11,054	25,906	14,612
Operating Cash Flow Growth	1.60%	7.55%	99.91%	-57.33%	77.29%	336.58%
Capital Expenditures	-6,695	-6,441	-7,236	-12,926	-13,007	-7,745
Cash Acquisitions	-	-	-	-	-	-6,271
Sale (Purchase) of Intangibles	-39	-39	-24.02	-100.9	-165.05	-182.35
Other Investing Activities	24	-	-	-	-	-
Investing Cash Flow	-6,710	-6,480	-7,260	-13,026	-13,172	-14,198
Long-Term Debt Issued	-	4,697	1,741	37,963	19,519	23,552
Total Debt Issued	4,697	4,697	1,741	37,963	19,519	23,552
Long-Term Debt Repaid	-	-13,515	-11,450	-24,333	-23,569	-19,881
Net Debt Issued (Repaid)	-6,944	-8,817	-9,710	13,629	-4,049	3,671
Repurchase of Common Stock	-	-	-	-	-123.3	-5.8
Common Dividends Paid	-7,007	-6,405	-2,175	-8,405	-2,955	-140.4
Other Financing Activities	-424.89	-424.89	-0.98	-2,447	-2,270	-60.61
Financing Cash Flow	-14,377	-15,648	-11,885	2,777	-9,398	3,464
Foreign Exchange Rate Adjustments	-507.34	289.66	-1,181	170.73	310.48	-1,186
Net Cash Flow	3,607	1,929	1,772	975.96	3,646	2,692
Free Cash Flow	18,506	17,326	14,863	-1,871	12,898	6,867
Free Cash Flow Growth	0.56%	16.57%	-	-	87.83%	-
Free Cash Flow Margin	13.57%	13.45%	11.97%	-1.71%	11.79%	7.99%
Free Cash Flow Per Share	-	21.91	18.80	-2.37	16.31	8.68
Cash Interest Paid	6,002	6,002	8,099	5,560	4,233	3,231
Cash Income Tax Paid	8,428	6,025	4,486	9,606	5,376	3,772
Levered Free Cash Flow	18,036	17,342	15,323	-2,437	13,905	5,887
Unlevered Free Cash Flow	20,965	21,064	20,300	989.55	16,615	8,412
Change in Working Capital	2,038	2,038	1,621	-5,303	928.11	718.56

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