South Ocean Holdings Cash Flow Statement

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	33.89	88.63	44.96	75.07	26.94	Upgrade
Depreciation & Amortization	38.1	36.36	20.36	24.38	19.58	Upgrade
Loss (Gain) From Sale of Assets	-0.22	-	-0.44	-0.34	0.2	Upgrade
Loss (Gain) on Equity Investments	2.89	-8.76	-	-	-	Upgrade
Stock-Based Compensation	2.03	2.6	-2.42	7.69	2.24	Upgrade
Other Operating Activities	-10.91	-12.81	-3.18	10.99	-0.35	Upgrade
Change in Accounts Receivable	38.67	-69.38	-5.5	57.17	-50.89	Upgrade
Change in Inventory	-130.57	-85.05	-85.85	-27.16	-6.65	Upgrade
Change in Accounts Payable	80.04	2.53	117.94	-21.48	-6.02	Upgrade
Operating Cash Flow	53.92	-45.87	85.88	126.31	-14.95	Upgrade
Operating Cash Flow Growth	-	-	-32.01%	-	-	Upgrade
Capital Expenditures	-46.54	-16.68	-67.03	-2.25	-33.35	Upgrade
Sale of Property, Plant & Equipment	0.43	-	6.2	0.52	86.12	Upgrade
Investment in Securities	5.81	-0.28	-	-	-	Upgrade
Other Investing Activities	6.33	-4.66	-	-	-	Upgrade
Investing Cash Flow	-33.97	-21.63	-60.83	-1.73	52.77	Upgrade
Long-Term Debt Issued	71.36	65.19	-	20.2	18.04	Upgrade
Long-Term Debt Repaid	-31.74	-35.23	-10.87	-19.48	-16.37	Upgrade
Net Debt Issued (Repaid)	39.62	29.96	-10.87	0.73	1.67	Upgrade
Common Dividends Paid	-22.36	-12.2	-18.3	-6.1	-	Upgrade
Other Financing Activities	-	-	-1.93	-	-	Upgrade
Financing Cash Flow	17.26	17.77	-31.1	-5.37	1.67	Upgrade
Foreign Exchange Rate Adjustments	-0.02	0.06	0.01	0.02	0.02	Upgrade
Net Cash Flow	37.19	-49.67	-6.04	119.23	39.51	Upgrade
Free Cash Flow	7.38	-62.55	18.85	124.06	-48.3	Upgrade
Free Cash Flow Growth	-	-	-84.81%	-	-	Upgrade
Free Cash Flow Margin	0.29%	-2.65%	1.01%	6.20%	-2.77%	Upgrade
Free Cash Flow Per Share	0.04	-0.31	0.09	0.61	-0.24	Upgrade
Cash Interest Paid	39.37	25.04	4.12	6.33	9.73	Upgrade
Cash Income Tax Paid	22.32	44.94	16.4	20.03	7.48	Upgrade
Levered Free Cash Flow	-11.77	-68.63	3.16	110.19	25.01	Upgrade
Unlevered Free Cash Flow	10.62	-54.59	5.69	113.92	30.94	Upgrade
Change in Net Working Capital	20.11	150.54	-30.1	-18.25	-20.82	Upgrade

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.