The Foschini Group Cash Flow Statement

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

Millions ZAR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	2,935	3,189	3,031	3,026	2,910	-1,862
Depreciation & Amortization	6,194	5,862	5,549	4,959	4,226	4,182
Other Amortization	128	128	124	105.5	108.6	110.6
Loss (Gain) From Sale of Assets	56	49	103	61.4	322.1	165.2
Asset Writedown & Restructuring Costs	95	108	60	76.6	81.7	3,384
Loss (Gain) From Sale of Investments	-31	-13	5	-	-	-
Stock-Based Compensation	184	150	168	217.9	87.1	220.4
Other Operating Activities	16	222	-220	-166.4	-72.3	-927.3
Change in Accounts Receivable	-826	-826	-627	-510	-963.7	967.7
Change in Inventory	-2,267	-2,267	1,723	-2,939	-1,093	493
Change in Accounts Payable	332	332	-218	-79.4	761.9	1,450
Operating Cash Flow	7,444	6,934	9,698	4,751	6,368	8,184
Operating Cash Flow Growth	-1.69%	-28.50%	104.11%	-25.38%	-22.20%	41.27%
Capital Expenditures	-1,924	-1,650	-1,874	-2,821	-1,574	-628.7
Sale of Property, Plant & Equipment	21	12	18	15.8	90.4	10.8
Cash Acquisitions	-1,033	-1,044	-151	-2,096	-220.3	-374.1
Sale (Purchase) of Intangibles	-153	-153	-131	-179.6	-	-
Other Investing Activities	-101	-41	-6	-	-	-127
Investing Cash Flow	-3,190	-2,876	-2,144	-5,081	-1,704	-1,119
Long-Term Debt Issued	-	1,394	1,147	9,008	1,800	-
Long-Term Debt Repaid	-	-4,467	-8,153	-8,968	-4,648	-8,568
Net Debt Issued (Repaid)	-2,161	-3,073	-7,006	40.6	-2,848	-8,568
Issuance of Common Stock	-	-	-	13.1	11.8	3,811
Repurchase of Common Stock	-704	-325	-4	-87	-244.4	-337
Common Dividends Paid	-1,281	-1,183	-984	-1,636	-556	-
Financing Cash Flow	-4,146	-4,581	-7,994	-1,669	-3,637	-5,094
Foreign Exchange Rate Adjustments	-13	-24	120	347.9	-124.5	-97.1
Net Cash Flow	95	-547	-320	-1,651	902.6	1,874
Free Cash Flow	5,520	5,284	7,824	1,930	4,794	7,555
Free Cash Flow Growth	-5.99%	-32.46%	305.31%	-59.73%	-36.55%	61.65%
Free Cash Flow Margin	8.97%	9.07%	13.92%	3.73%	11.05%	22.93%
Free Cash Flow Per Share	16.86	16.11	23.97	5.93	14.74	24.92
Cash Interest Paid	1,985	1,886	1,770	1,368	783.8	993.5
Cash Income Tax Paid	1,190	1,022	1,271	1,223	1,192	396.6
Levered Free Cash Flow	5,060	5,012	7,430	1,101	4,332	6,538
Unlevered Free Cash Flow	6,318	6,190	8,537	1,956	4,822	7,159
Change in Working Capital	-2,133	-2,761	878	-3,528	-1,295	2,911

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.