JSE:OAS Cash Flow Statement

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

Millions ZAR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	2021 - 2017
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	2021 - 2017
Net Income	125.34	134.45	285.07	12.76	198.12	Upgrade
Depreciation & Amortization	0.13	0.1	0.07	0.05	0.05	Upgrade
Gain (Loss) on Sale of Investments	-10.35	-13.71	-137.5	72.5	-112.76	Upgrade
Asset Writedown	-32.27	-38.56	-73.15	-19.3	-33.6	Upgrade
Change in Accounts Receivable	-2.26	2.89	2.66	3.65	-14.14	Upgrade
Change in Accounts Payable	7.72	-0.26	3.79	1.66	3.3	Upgrade
Change in Other Net Operating Assets	-1.44	-4.39	-12.41	-73.69	90.99	Upgrade
Other Operating Activities	-3.51	2.78	-0.33	-1.25	3.11	Upgrade
Operating Cash Flow	86.62	84.24	69.11	-2.64	138.06	Upgrade
Operating Cash Flow Growth	2.82%	21.90%	-	-	124.46%	Upgrade
Acquisition of Real Estate Assets	-16.42	-6.18	-5.89	-28.52	-3.09	Upgrade
Net Sale / Acq. of Real Estate Assets	-16.42	-6.18	-5.89	-28.52	-3.09	Upgrade
Investment in Marketable & Equity Securities	39.7	43.21	-21.1	-17.96	20.14	Upgrade
Other Investing Activities	-	0	-	-	-0	Upgrade
Investing Cash Flow	23.28	37.03	-26.99	-46.47	17.05	Upgrade
Long-Term Debt Repaid	-0.25	-0.31	-0.27	-0.27	-0.26	Upgrade
Net Debt Issued (Repaid)	-0.25	-0.31	-0.27	-0.27	-0.26	Upgrade
Repurchase of Common Stock	-	-63.72	-	-27.83	-29.89	Upgrade
Common Dividends Paid	-52.48	-60.65	-41.08	-21.92	-22.65	Upgrade
Other Financing Activities	-0.27	-0.7	-0.44	-0.37	-0.49	Upgrade
Miscellaneous Cash Flow Adjustments	-	-0	-	0	-0	Upgrade
Net Cash Flow	56.9	-4.12	0.33	-99.5	101.82	Upgrade
Levered Free Cash Flow	47.97	54.77	41.31	-19.65	113.44	Upgrade
Unlevered Free Cash Flow	48.04	54.85	41.4	-19.56	113.54	Upgrade
Change in Working Capital	4.03	-1.76	-5.95	-68.38	80.15	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.