Duty Free International Cash Flow Statement

Financials in millions MYR. Fiscal year is March - February.

Millions MYR. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Net Income	19.36	53.61	14.01	15.57	-3.64	-41.78
Depreciation & Amortization	11.25	11.52	11.93	11.46	11.99	13.8
Loss (Gain) From Sale of Assets	-0.13	-0.04	-0.02	-0.02	-0.08	-0.05
Asset Writedown & Restructuring Costs	-1.34	1.23	0.09	0.09	0.02	11.76
Provision & Write-off of Bad Debts	0	0.05	0.11	-0.34	-0.06	0.74
Other Operating Activities	0.17	-75.95	-10.82	-8.54	-17.81	-5.26
Change in Accounts Receivable	-1.94	11	9.34	2.58	10.24	22.63
Change in Inventory	9.58	12.5	12.39	-32.05	24.72	57.78
Change in Accounts Payable	26.86	-0.05	-0.72	13.33	-24.43	-42.4
Change in Other Net Operating Assets	0.26	-5.3	-0.16	-3.87	0.42	-2.95
Operating Cash Flow	64.06	8.59	36.15	-1.78	1.37	14.27
Operating Cash Flow Growth	164.28%	-76.23%	-	-	-90.42%	-65.06%
Capital Expenditures	-1.14	-1.09	-2.35	-0.3	-0.12	-0.22
Sale of Property, Plant & Equipment	0.13	0.04	0.02	0.02	0.08	0.16
Cash Acquisitions	-175	-	-	-	-45.92	-
Sale (Purchase) of Intangibles	-5.02	-9.5	-	-	-	-
Investment in Securities	-13.02	-	-	-	-	-
Other Investing Activities	7.55	77.71	7.47	5.74	4.59	5.37
Investing Cash Flow	-186.5	67.15	5.14	5.46	-41.37	5.31
Short-Term Debt Issued	-	-	-	3.96	-	-
Total Debt Issued	-	-	-	3.96	-	-
Short-Term Debt Repaid	-	-	-3.96	-	-6.25	-28.09
Long-Term Debt Repaid	-	-4.36	-4.19	-0.73	-0.8	-1.86
Total Debt Repaid	-6.01	-4.36	-8.15	-0.73	-7.05	-29.95
Net Debt Issued (Repaid)	-6.01	-4.36	-8.15	3.23	-7.05	-29.95
Issuance of Common Stock	-	-	-	0	-	-
Repurchase of Common Stock	-	-	-	-	-	-128.85
Common Dividends Paid	-28.24	-25.75	-10.73	-7.86	-	-
Other Financing Activities	-0.16	-0.19	2.86	-0.17	-0.15	-0.32
Financing Cash Flow	-34.41	-30.31	-16.03	-4.8	-7.2	-159.12
Foreign Exchange Rate Adjustments	-1.34	-0.34	5.74	4.46	5.43	-0.42
Net Cash Flow	-158.18	45.1	31	3.35	-41.77	-139.95
Free Cash Flow	62.92	7.5	33.8	-2.08	1.25	14.06
Free Cash Flow Growth	190.86%	-77.80%	-	-	-91.10%	-63.11%
Free Cash Flow Margin	36.77%	4.84%	21.49%	-1.37%	1.26%	6.29%
Free Cash Flow Per Share	0.05	0.01	0.03	-0.00	0.00	0.01
Cash Interest Paid	6.68	6.82	7.15	0.14	0.09	0.39
Cash Income Tax Paid	0.52	3.89	1.09	1.38	6.65	8.71
Levered Free Cash Flow	65.13	55.69	39.83	-16.22	3.05	30.39
Unlevered Free Cash Flow	69.3	59.96	44.29	-12.05	6.92	34.26
Change in Working Capital	34.76	18.17	20.85	-20	10.96	35.06

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