New Zealand Rural Land Company Limited (NZE: NZL)

NZE: NZL Cash Flow Statement

Financials in millions NZD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Jun 30, 2022	Jun 30, 2021
Net Income	20.75	10.85	41.78	39.68	18.14
Other Amortization	0.04	0.04	0.03	0.05	-
Asset Writedown	-7.39	-7.39	-2.26	-35.34	-19.83
Stock-Based Compensation	0.9	0.9	0.5	4.12	2.19
Change in Accounts Payable	0.07	0.07	0.12	0.07	0.37
Change in Other Net Operating Assets	-0.03	-0.03	1.24	-0.7	-0.73
Other Operating Activities	-7.2	1.25	-36.98	-4.29	-1.1
Operating Cash Flow	7.43	5.99	3.84	4.17	-0.99
Operating Cash Flow Growth	21.77%	56.00%	-7.92%	-	-
Acquisition of Real Estate Assets	-33.76	-65.44	-35.59	-90.67	-144.82
Sale of Real Estate Assets	0.02	0.03	-	-	-
Net Sale / Acq. of Real Estate Assets	-33.74	-65.41	-35.59	-90.67	-144.82
Investment in Marketable & Equity Securities	-	-	-	-	-0.09
Investing Cash Flow	-33.74	-65.41	-35.59	-102.69	-151.43
Long-Term Debt Issued	-	42.5	-	60.77	-
Total Debt Issued	24.48	42.5	18.47	60.77	65.55
Long-Term Debt Repaid	-	-4.17	-	-14.25	-
Net Debt Issued (Repaid)	-16.8	38.33	18.47	46.51	65.55
Issuance of Common Stock	-	23.35	16.84	34.82	114.3
Common Dividends Paid	-	-2.35	-3.61	-1.76	-
Other Financing Activities	49.6	-0.59	-0.44	-0.55	-2.84
Net Cash Flow	5.91	-0.68	-0.49	-19.49	24.6
Cash Interest Paid	8.93	8.7	5.17	1.89	0.14
Cash Income Tax Paid	-	-0.01	-0	-0.01	0.03
Levered Free Cash Flow	6.42	3.5	-	4.79	-
Unlevered Free Cash Flow	12.03	9.05	-	6.29	-
Change in Net Working Capital	-2.09	-0.24	-	-0.61	-

Source: S&P Capital IQ. Real Estate template. Financial Sources.