NZE:LIC Cash Flow Statement

Financials in millions NZD. Fiscal year is June - May.

Millions NZD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Net Income	25.38	30.64	7.73	27.35	26.72	22.94
Depreciation & Amortization	16.79	16.24	15.21	13.56	12.53	7.97
Other Amortization	11.81	11.81	8.84	9.56	10.22	14.19
Asset Writedown & Restructuring Costs	-4.78	-12.29	8.77	-4.52	21.67	0.72
Other Operating Activities	1.48	2.39	2.13	0.8	-6.61	-3.46
Change in Other Net Operating Assets	6.57	7.6	-2.63	-9.96	-7.4	-1.91
Operating Cash Flow	57.25	56.39	40.05	36.79	57.13	40.46
Operating Cash Flow Growth	19.15%	40.78%	8.86%	-35.60%	41.22%	-22.23%
Capital Expenditures	-15.49	-14.22	-11.57	-10.97	-10.57	-7.85
Sale (Purchase) of Intangibles	-13.92	-13.59	-16.1	-9.61	-6.58	-7.66
Investment in Securities	-0.16	-0.01	19.03	-0	-	-
Other Investing Activities	-	-	-	-	34.83	-0.61
Investing Cash Flow	-29.57	-27.82	-8.64	-20.58	17.68	-16.12
Long-Term Debt Repaid	-	-5.95	-5.41	-4.32	-3.6	-5.08
Total Debt Repaid	-6.19	-5.95	-5.41	-4.32	-3.6	-5.08
Net Debt Issued (Repaid)	-6.19	-5.95	-5.41	-4.32	-3.6	-5.08
Issuance of Common Stock	0.03	0.08	0.17	0.33	0.35	0.35
Repurchase of Common Stock	-	-	-	-	-	-1.7
Common Dividends Paid	-17.06	-8.1	-38.45	-21.88	-26.36	-15.4
Financing Cash Flow	-23.23	-13.97	-43.69	-25.87	-29.61	-21.82
Foreign Exchange Rate Adjustments	0.5	0.18	0.02	0.12	0.11	-0.19
Net Cash Flow	4.95	14.79	-12.26	-9.54	45.31	2.33
Free Cash Flow	41.76	42.17	28.48	25.83	46.56	32.61
Free Cash Flow Growth	7.99%	48.06%	10.29%	-44.53%	42.77%	-28.78%
Free Cash Flow Margin	13.71%	14.29%	10.66%	9.34%	17.69%	13.10%
Free Cash Flow Per Share	0.30	0.30	0.18	0.18	0.33	0.23
Cash Income Tax Paid	-	0.38	2.19	3.98	-2.13	13.48
Levered Free Cash Flow	19.66	22.72	12.71	14.79	57.98	3.4
Unlevered Free Cash Flow	19.66	22.72	12.71	14.79	58.15	4.26
Change in Working Capital	6.57	7.6	-2.63	-9.96	-7.4	-1.91

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