Chorus Cash Flow Statement

Financials in millions NZD. Fiscal year is July - June.

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	2020 - 2016
Net Income	4	-9	25	64	51	Upgrade
Depreciation & Amortization	420	406	384	362	360	Upgrade
Other Amortization	88	91	94	96	98	Upgrade
Loss (Gain) From Sale of Assets	-3	-	-	-	-	Upgrade
Other Operating Activities	47	52	26	57	20	Upgrade
Change in Accounts Receivable	1	-5	-27	-2	17	Upgrade
Change in Accounts Payable	2	-22	22	10	-6	Upgrade
Change in Income Taxes	-	-	-	-17	4	Upgrade
Operating Cash Flow	559	513	524	570	544	Upgrade
Operating Cash Flow Growth	8.97%	-2.10%	-8.07%	4.78%	14.77%	Upgrade
Capital Expenditures	-399	-443	-496	-520	-649	Upgrade
Sale of Property, Plant & Equipment	3	1	-	3	-	Upgrade
Investing Cash Flow	-396	-442	-496	-517	-649	Upgrade
Long-Term Debt Issued	662	574	811	50	510	Upgrade
Long-Term Debt Repaid	-569	-484	-674	-14	-408	Upgrade
Net Debt Issued (Repaid)	93	90	137	36	102	Upgrade
Repurchase of Common Stock	-1	-11	-101	-38	-	Upgrade
Common Dividends Paid	-223	-193	-160	-97	-86	Upgrade
Other Financing Activities	4	12	84	81	147	Upgrade
Financing Cash Flow	-127	-102	-40	-18	163	Upgrade
Net Cash Flow	36	-31	-12	35	58	Upgrade
Free Cash Flow	160	70	28	50	-105	Upgrade
Free Cash Flow Growth	128.57%	150.00%	-44.00%	-	-	Upgrade
Free Cash Flow Margin	15.78%	6.93%	2.86%	5.18%	-11.00%	Upgrade
Free Cash Flow Per Share	0.30	0.13	0.05	0.09	-0.18	Upgrade
Cash Interest Paid	152	165	138	98	116	Upgrade
Cash Income Tax Paid	-	-	4	14	1	Upgrade
Levered Free Cash Flow	138.4	53.42	-45.11	509	350.63	Upgrade
Unlevered Free Cash Flow	273.4	194.04	83.64	602.13	448.75	Upgrade
Change in Working Capital	3	-27	-5	-9	15	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.