Investor Presentaiton
Cash Flow
Strong cash generation and conversion; Operating cash flow of $1.8 billion
Operating Cash Flow
A$ million
EBITDA
2023
2022
Change %
2,105.4
1,850.9
13.8
Change in net working capital
(75.5)
(169.3)
55.4
Higher operating cash flow reflects:
Interest and tax
(420.9)
(492.8)
14.6
Other significant items (cash and non-cash)
9.6
(6.4)
n/a
Other cash and non-cash movements
180.5
63.6
183.8
Continued strong business performance and underlying
cash flow generation
Increased interest income on cash balances
Operating cash flow
Operating cash flow less capex
Consolidated Cash Flow
A$ million
Operating cash flow
Capex
1,799.1
1,246.0
44.4
1,346.4
977.2
37.8
О
Receipt of litigation proceeds, partially offset by
о
2023
2022
Change %
1,799.1
1,246.0
44.4
(452.7)
(268.8)
(68.4)
Acquisitions net of cash acquired
(174.2)
(0.6)
n/a
Payments for financial assets at fair value through profit or loss
(92.3)
n/a
Proceeds from disposal of financial assets at fair value through profit or loss
28.7
n/a
Investments and divestments
(2.8)
(1.4)
(100.0)
Investing cash flow
(629.7)
(334.4)
(88.3)
Proceeds from borrowings (net of transaction costs)
2,551.8
n/a
Repayments of borrowings
(101.6)
(3,676.9)
97.2
Proceeds from issue of shares (net of transaction costs)
1,277.2
n/a
Payments for shares bought back (net of transaction costs)
(443.3)
(312.0)
(42.1)
Lease principal payments
(42.9)
(39.4)
(8.9)
Dividends and Employee share purchases
(443.6)
(406.0)
(9.3)
Financing cash flow
(1,031.4)
(605.3)
(70.4)
Net increase in cash
138.0
306.3
(54.9)
Increases in working capital
Net working capital movement reflects continued growth in
Aristocrat Gaming revenue, timing of receivables and
payables, and increased inventory levels to ensure customer
order fulfilment
Roxor acquisition of $174.2 million was completed during the
year
$443 million of shares, purchased through the on-market
share buy-back program, have been returned to shareholders
over the year to 30 September 2023
Note: Refer to the Operating and Financial Review for definitions and explanations of line itemsView entire presentation