NZME Limited Cash Flow Statement

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

Millions NZD. 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
Net Income	13.09	-16.04	12.79	23.38	34.65
Depreciation & Amortization	21.81	21.54	22.8	23.48	22.82
Other Amortization	9.24	8.44	5.92	4.15	3.75
Loss (Gain) From Sale of Assets	0.04	0.09	-	0.01	-15.81
Asset Writedown & Restructuring Costs	-	24	-	-0.55	2.48
Loss (Gain) From Sale of Investments	-	0.73	-	-	-
Loss (Gain) on Equity Investments	-	0.21	0.68	0.23	0.54
Stock-Based Compensation	0.34	0.35	0.34	1.68	1.56
Other Operating Activities	3.79	-1.56	-2.86	-4.46	-0.19
Change in Accounts Receivable	2.91	-0.4	4.12	-3.11	-0.5
Change in Inventory	0.87	2.59	0.56	-3.74	-0.43
Change in Accounts Payable	-0.51	-2.26	-3.47	-3.39	2.81
Change in Other Net Operating Assets	-1.2	0.15	0.63	-0.2	0.18
Operating Cash Flow	50.36	37.86	41.51	37.49	51.84
Operating Cash Flow Growth	33.03%	-8.79%	10.71%	-27.69%	-6.72%
Capital Expenditures	-3.87	-3.64	-3.31	-4.96	-6.51
Sale of Property, Plant & Equipment	0.02	-	0.03	0.01	19.35
Cash Acquisitions	-	-	-	-3.61	-
Sale (Purchase) of Intangibles	-6.79	-9.08	-7.72	-5.72	-
Investing Cash Flow	-9.91	-12.71	-11.01	-14.28	12.85
Long-Term Debt Issued	90.5	124	82.5	71.25	37
Total Debt Issued	90.5	124	82.5	71.25	37
Long-Term Debt Repaid	-109.32	-132.83	-95.64	-59.21	-93.79
Total Debt Repaid	-109.32	-132.83	-95.64	-59.21	-93.79
Net Debt Issued (Repaid)	-18.82	-8.83	-13.14	12.04	-56.79
Repurchase of Common Stock	-	-	-	-17.6	-
Common Dividends Paid	-16.91	-16.8	-16.55	-15.67	-5.93
Other Financing Activities	-0.56	-0.4	-0.95	-0.17	-
Financing Cash Flow	-36.29	-26.03	-30.65	-31.08	-62.71
Net Cash Flow	4.16	-0.88	-0.15	-7.87	1.98
Free Cash Flow	46.5	34.22	38.19	32.53	45.34
Free Cash Flow Growth	35.88%	-10.40%	17.42%	-28.26%	-10.36%
Free Cash Flow Margin	13.62%	9.89%	11.21%	9.15%	13.01%
Free Cash Flow Per Share	0.24	0.18	0.20	0.16	0.22
Cash Interest Paid	6.39	7.47	7.17	6.13	7.2
Cash Income Tax Paid	1.89	5.21	7.84	12.05	7.31
Levered Free Cash Flow	38.49	24.9	28.87	22.38	47.84
Unlevered Free Cash Flow	42.47	29.59	33.39	26.04	52.14
Change in Working Capital	2.06	0.08	1.84	-10.43	2.06

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