Kiwi Property Group Cash Flow Statement

Financials in millions NZD. Fiscal year is April - March.

Millions NZD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	50.45	56.99	-2.12	-227.7	224.27
Other Amortization	6.21	6.53	6.53	7.65	8.3
Gain (Loss) on Sale of Investments	-4	10.11	4.1	-5.67	-18.5
Asset Writedown	37.78	11.62	77.8	352.63	-128.82
Income (Loss) on Equity Investments	0.04	-	-	-	-
Change in Accounts Receivable	3.46	-2.56	0.96	-6.93	4.11
Change in Accounts Payable	-5.06	-10.03	-0.72	-1.74	9.69
Other Operating Activities	2.3	22.07	14.02	0.2	9.91
Operating Cash Flow	81.83	80.49	99.33	112.97	115.6
Operating Cash Flow Growth	1.66%	-18.97%	-12.07%	-2.28%	7.82%
Acquisition of Real Estate Assets	-66.18	-108.74	-210.16	-186.74	-124.02
Sale of Real Estate Assets	117.74	-	122.98	193.54	8.29
Net Sale / Acq. of Real Estate Assets	51.57	-108.74	-87.18	6.8	-115.72
Investment in Marketable & Equity Securities	-0.33	-	-	-	-
Other Investing Activities	-	-	-	6.04	-
Investing Cash Flow	51.23	-108.74	-87.18	12.84	-115.72
Long-Term Debt Issued	816	908	694	1,701	1,115
Long-Term Debt Repaid	-883.05	-825.55	-631.05	-1,706	-1,030
Net Debt Issued (Repaid)	-67.05	82.45	62.95	-5.37	85.11
Issuance of Common Stock	-	0.79	-	-	-
Common Dividends Paid	-69.99	-58.8	-73.31	-111.88	-89.43
Other Financing Activities	-	-	-1.47	-2.28	-
Net Cash Flow	-3.99	-3.81	0.33	6.28	-4.44
Cash Interest Paid	55.18	57.56	45	40.26	37.18
Cash Income Tax Paid	22.03	19.16	17.44	23.21	15.8
Levered Free Cash Flow	-135.91	504.9	-329.31	158.44	260.9
Unlevered Free Cash Flow	-104.32	547.2	-296.27	182.54	273.33
Change in Working Capital	-10.94	-26.83	-1	-14.14	20.43