The Warehouse Group Cash Flow Statement

Financials in millions NZD. Fiscal year is September - August.

Millions NZD. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 1, 2026	Aug '25 Aug 3, 2025	Jul '24 Jul 28, 2024	Jul '23 Jul 30, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Net Income	1.19	-2.76	-54.18	29.81	89.31	109.31
Depreciation & Amortization	130.88	133.66	133.92	130.09	132.82	135.49
Other Amortization	22.87	22.87	24.64	21.8	13.3	7.86
Loss (Gain) From Sale of Assets	0.31	0.19	4.03	2.63	1.13	0.64
Asset Writedown & Restructuring Costs	-	-	-	0.23	-	1.58
Loss (Gain) From Sale of Investments	-	-	-	-	-	3.34
Loss (Gain) on Equity Investments	-	-	-	3.84	0.66	-
Stock-Based Compensation	-	-	-0.8	0.8	-	0.09
Other Operating Activities	1.03	-1.23	-3.64	5.31	-1.96	2.54
Change in Accounts Receivable	8.96	7.26	-3.57	2.5	-15.56	1.23
Change in Inventory	13	-4.59	-28.03	69.01	-105.16	-63.54
Change in Accounts Payable	-176.27	-84.21	54.08	-59.8	30.16	14.5
Change in Income Taxes	-0.24	0.31	2.26	-3.53	-12.38	-0.1
Change in Other Net Operating Assets	3.59	0.84	-8.8	0.7	-26.89	13.03
Operating Cash Flow	5.31	72.32	185.87	214.18	105.42	225.96
Operating Cash Flow Growth	-96.90%	-61.09%	-13.22%	103.16%	-53.34%	-44.62%
Capital Expenditures	-14.11	-12.6	-39.28	-115.09	-107.47	-61.88
Sale of Property, Plant & Equipment	0.16	0.16	0.36	30.67	0.46	0.19
Cash Acquisitions	-	-	-	-0.69	-1.72	-0.24
Investment in Securities	-	-	-	-	-4.5	-
Other Investing Activities	-	-	-4.72	-	-	-
Investing Cash Flow	-13.95	-12.44	-43.65	-85.11	-113.23	-61.93
Short-Term Debt Issued	-	52.4	6.5	10.25	66.15	-
Total Debt Issued	53.67	52.4	6.5	10.25	66.15	-
Long-Term Debt Repaid	-	-104.88	-99.53	-101.17	-98.26	-99.38
Net Debt Issued (Repaid)	7.91	-52.48	-93.03	-90.92	-32.11	-99.38
Common Dividends Paid	-	-	-45.09	-34.68	-95.38	-45.09
Other Financing Activities	-0.33	-0.4	-0.23	-0.14	-0.23	-9.76
Financing Cash Flow	7.59	-52.88	-138.35	-125.74	-127.72	-171.57
Net Cash Flow	-1.06	7	3.87	3.33	-135.53	-7.54
Free Cash Flow	-8.8	59.72	146.59	99.1	-2.05	164.08
Free Cash Flow Growth	-	-59.26%	47.93%	-	-	-52.23%
Free Cash Flow Margin	-0.29%	1.93%	4.83%	3.06%	-0.06%	4.81%
Free Cash Flow Per Share	-0.03	0.17	0.42	0.29	-0.01	0.47
Cash Interest Paid	-	-	-	44.1	36.77	37.91
Cash Income Tax Paid	0.47	0.69	-3.41	11.03	42.51	32.13
Levered Free Cash Flow	6.26	67.13	198.52	125.03	-16.81	175.91
Unlevered Free Cash Flow	32.33	94.52	223.13	148.28	6.58	199.97
Change in Working Capital	-150.97	-80.39	15.94	8.87	-129.84	-34.89

Updated Feb 1, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.