Zeder Investments 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	-421	-154	12	-187	801	Upgrade
Loss (Gain) From Sale of Investments	-	186	42	-11	40	Upgrade
Stock-Based Compensation	2	4	6	10	12	Upgrade
Other Operating Activities	392	436	-59	191	-828	Upgrade
Change in Accounts Receivable	-	-	24	-	9	Upgrade
Change in Accounts Payable	-	-6	-8	-7	29	Upgrade
Change in Other Net Operating Assets	26	-	-	1	-2	Upgrade
Operating Cash Flow	71	467	17	-25	119	Upgrade
Operating Cash Flow Growth	-84.80%	2647.06%	-	-	230.56%	Upgrade
Investment in Securities	-	4	520	7	-	Upgrade
Other Investing Activities	-	30	-	1,698	-	Upgrade
Investing Cash Flow	-	-62	314	1,706	-180	Upgrade
Repurchase of Common Stock	-	-	-4	-16	-	Upgrade
Financing Cash Flow	-	-939	-235	-1,591	-307	Upgrade
Net Cash Flow	71	-534	96	90	-368	Upgrade
Free Cash Flow	71	467	17	-25	119	Upgrade
Free Cash Flow Growth	-84.80%	2647.06%	-	-	230.56%	Upgrade
Free Cash Flow Per Share	0.05	0.30	0.01	-0.02	0.08	Upgrade
Cash Income Tax Paid	6	13	17	30	15	Upgrade
Levered Free Cash Flow	-999.75	-332	-140.63	3,426	-3,348	Upgrade
Unlevered Free Cash Flow	-999.75	-332	-140.63	3,426	-3,348	Upgrade
Change in Working Capital	26	-6	16	-6	36	Upgrade

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