PSG Financial Services Cash Flow Statement

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

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	2021 - 2017
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	2021 - 2017
Net Income	1,737	1,274	1,034	950.27	920.91	Upgrade
Depreciation & Amortization, Total	211.78	196.94	181.67	172.42	166.7	Upgrade
Stock-Based Compensation	-	73.61	60.94	51.75	43.91	Upgrade
Change in Accounts Receivable	-	-54.81	-187.14	271.96	-166.06	Upgrade
Change in Accounts Payable	-	108.31	228.11	-358.49	534.77	Upgrade
Change in Other Net Operating Assets	-	-2,336	-3,460	-2,155	-2,442	Upgrade
Other Operating Activities	-613.77	3,062	2,808	2,382	1,696	Upgrade
Operating Cash Flow	1,335	2,341	667.91	1,326	758.06	Upgrade
Capital Expenditures	-126.55	-54.42	-60.06	-27.3	-24.3	Upgrade
Cash Acquisitions	-	-	-	-0.17	-	Upgrade
Sale (Purchase) of Intangibles	-48.69	-43.55	-97.27	-34.17	-38.13	Upgrade
Investment in Securities	85.05	-105.14	80.03	-	-62.95	Upgrade
Other Investing Activities	0.63	-2.03	-1.04	-0.68	-0.49	Upgrade
Investing Cash Flow	-89.56	-199.28	-76.7	-60.77	-117.13	Upgrade
Long-Term Debt Repaid	-81.9	-79.33	-75.11	-68.8	-58.98	Upgrade
Net Debt Issued (Repaid)	-81.9	-79.33	-75.11	-68.8	-58.98	Upgrade
Repurchase of Common Stock	-296.93	-330.27	-207.25	-415.85	-109.59	Upgrade
Common Dividends Paid	-721.82	-574.04	-492.08	-431.98	-350.58	Upgrade
Other Financing Activities	-198.81	-142.48	-83.8	-76.82	-48.48	Upgrade
Financing Cash Flow	-1,299	-1,126	-858.24	-993.45	-567.62	Upgrade
Foreign Exchange Rate Adjustments	-15.98	-12.27	4.58	34.67	4.13	Upgrade
Net Cash Flow	-70.25	1,003	-262.44	306.15	77.45	Upgrade
Free Cash Flow	1,208	2,286	607.86	1,298	733.76	Upgrade
Free Cash Flow Growth	-47.16%	276.14%	-53.18%	76.95%	-50.13%	Upgrade
Free Cash Flow Margin	11.77%	26.00%	7.85%	19.08%	12.24%	Upgrade
Free Cash Flow Per Share	0.95	1.79	0.47	0.97	0.55	Upgrade
Cash Interest Paid	40.3	32.81	33.85	36.47	7.41	Upgrade
Cash Income Tax Paid	709.66	526.37	427.36	385.61	389.44	Upgrade

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