DRDGOLD Limited (DRD) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'26 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 |
|---|
| Cash from Operations | 2.2B | 2.23B | 1.28B | 1.11B | 736.5M | 1.02B | 636.9M | 892.4M | 605.4M | 591.1M | 982.3M | 676M | 452.9M | 293.5M | -5.2M | 78M | 155.8M | 12.4M | 39.2M | 347.2M |
| Operating CF Margin % | 45.7% | 54.67% | 33.74% | 33.95% | 24.76% | 35.84% | 24% | 34.06% | 24.23% | 25.79% | 32.99% | 32.6% | 21.45% | 19.44% | -0.42% | 6.31% | 12.42% | 1.08% | 3.3% | 26.66% |
| Operating CF Growth % | 71.45% | 100.97% | 74.2% | 8.83% | 15.64% | 14.15% | 5.2% | 50.97% | -38.37% | -12.56% | 116.89% | 130.32% | 8809.62% | 276.28% | -103.34% | 529.03% | 297.45% | -96.43% | -42.94% | 371.02% |
| Net Income | 1.84B | 1.27B | 970.1M | 739.4M | 589.3M | 746.4M | 535M | 627.9M | 495.9M | 490.5M | 949.4M | 302.1M | 332.9M | 124.7M | -46.2M | -54.1M | 60.6M | 11M | 2.7M | 43.8M |
| Depreciation & Amortization | 253.58M | 219.6M | 271.7M | 129.2M | 141.2M | 128.3M | 135.4M | 149.7M | 162.9M | 145.5M | 151.7M | 168.7M | 154.1M | -166.1M | 69.3M | 131.3M | 82.3M | 124.4M | 101.9M | 96.4M |
| Stock-Based Compensation | 0 | 16.1M | 0 | 12.8M | 13.6M | 5.9M | 5.1M | 4.55M | 4.65M | 4.6M | -18.75M | 89.1M | 22.95M | -1.6M | 3.2M | 51.4M | 200K | -6.1M | 16.1M | 25.9M |
| Deferred Taxes | 467.25M | 0 | 314.5M | 0 | 63M | 118.7M | 30.2M | 72.7M | 38.4M | 100M | 39.1M | 80.7M | 15.1M | -9.85M | 22M | -41.9M | -3.7M | 32.9M | 29.5M | -97.1M |
| Other Non-Cash Items | -215.38M | 649.2M | -700K | 467.8M | 108.7M | -133.2M | 551.4M | 7.7M | 465.2M | -12.7M | 725.1M | 299.9M | 609.5M | -131.1M | 500K | -13.7M | 9.2M | -90.1M | -35.9M | 109.9M |
| Working Capital Changes | -142.13M | 70.6M | -272.6M | -240.5M | -179.3M | 206M | -161.8M | 163.6M | -100.7M | 78.1M | -273M | 78.9M | -170.9M | 104.1M | -32M | -36.9M | 3.5M | -26.8M | -45.6M | 71.2M |
| Change in Receivables | -20.77M | 69.3M | 41.1M | -271.7M | -24.5M | 84M | -64.1M | 45M | -19.3M | 31.5M | -24.6M | -19M | -60M | 33.8M | -11.3M | -2.8M | 25M | -24.1M | -33.5M | 67.8M |
| Change in Inventory | -31.72M | 3.8M | -52.1M | 35.6M | -48.5M | -7.1M | -6.5M | 47.9M | -66.8M | -28.6M | -16.1M | -10.3M | -16.1M | -10.9M | -13.9M | -6.7M | -21.5M | -2.7M | -12.1M | 3.4M |
| Change in Payables | -88.4M | 0 | -257.5M | 592M | -97.9M | 132.2M | -81.7M | 77.3M | -6M | 77.8M | -226.8M | 112.4M | -88.4M | 86.1M | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -1.44B | -1.32B | -964M | -1.94B | -1.11B | -765M | -421.5M | -427.7M | -198.5M | -223.9M | -222.7M | -156.2M | -46.3M | -47.2M | -255.8M | -47.6M | -92.8M | -47.8M | -48.9M | -40.1M |
| Capital Expenditures | -1.57B | -1.31B | -947.6M | -1.91B | -1.07B | -757.9M | -387.3M | -401.6M | -182.5M | -193.6M | -202.1M | -143.8M | -37.3M | -100.3M | -247.1M | -39.3M | -86.6M | -49M | -61.6M | -39.5M |
| CapEx % of Revenue | 32.68% | 32.07% | 24.92% | 58.52% | 36.13% | 26.67% | 14.59% | 15.33% | 7.3% | 8.45% | 6.79% | 6.93% | 1.77% | 6.64% | 19.73% | 3.18% | 6.9% | 4.26% | 5.18% | 3.03% |
| Acquisitions | 0 | 0 | 0 | 600K | 0 | 900K | 0 | 12.2M | 0 | -100K | 200K | 500K | 200K | 5.7M | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 128.89M | -12M | -16.4M | -13.2M | -4.6M | -8.9M | -4.9M | -9.4M | -16M | -30.2M | -20.8M | -22.1M | -4.5M | -16.6M | -8.7M | -8.3M | -6.2M | 1.2M | 12.7M | -600K |
| Cash from Financing | -347.6M | -263.8M | -179.3M | -181.5M | -569.2M | -180.8M | -351.4M | -179.3M | -353.7M | -348.2M | -305.3M | 651.9M | -142.7M | -176.2M | 168.3M | -22.9M | -22.1M | -1.2M | -51.8M | -208.9M |
| Debt Issued (Net) | 0 | 0 | -7M | 0 | -9.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.9M | -5.5M | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -300K | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -329.31M | -258.7M | -172.3M | -172.3M | -559.4M | -172.8M | -342.5M | -167.8M | -345.5M | -341.8M | -299.1M | -427.7M | -136.8M | 0 | 0 | -21.4M | -20.8M | 0 | -50.6M | -210.7M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -300K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -18.29M | -5.1M | 0 | -9.2M | 0 | -8M | -8.9M | -11.5M | -8.2M | -6.4M | -6.2M | 865.75M | 0 | -82.3M | 168.3M | -1.5M | -1.3M | -2.4M | -1.2M | 1.8M |
| Net Change in Cash | 515.99M | -661.2M | 661.2M | -1.01B | -942M | 79.2M | -133.4M | 286.5M | 59.1M | 10.6M | 454.3M | 1.17B | 675.35M | 314.55M | 209.4M | 302.1M | 294.6M | 253.7M | 290.3M | 49M |
| Free Cash Flow | 626.62M | 920.8M | 335.4M | -802.3M | -338.2M | 260.8M | 249.6M | 490.8M | 422.9M | 397.5M | 780.2M | 532.2M | 415.6M | 193.2M | -252.3M | 38.7M | 69.2M | -36.6M | -22.4M | 307.7M |
| FCF Margin % | 13.02% | 22.59% | 8.82% | -24.57% | -11.37% | 9.18% | 9.4% | 18.73% | 16.93% | 17.35% | 26.2% | 25.67% | 19.68% | 12.8% | -20.14% | 3.13% | 5.51% | -3.18% | -1.88% | 23.62% |
| FCF Growth % | 86.83% | 214.77% | 199.17% | -407.63% | -235.5% | -46.86% | -40.98% | 23.47% | -45.8% | -25.31% | 87.73% | 175.47% | 264.72% | 399.22% | -464.6% | 205.74% | 408.93% | -111.89% | -366.67% | 452.85% |
| FCF per Share | 72.09 | 10.62 | 3.87 | -9.27 | -3.91 | 3.00 | 2.90 | 5.70 | 4.91 | 4.61 | 9.07 | 6.17 | 5.90 | 2.81 | -3.93 | 0.92 | 1.64 | -0.87 | -0.53 | 7.31 |
| FCF Conversion (FCF/Net Income) | 1.20x | 1.75x | 1.32x | 1.50x | 2.50x | 2.73x | 2.38x | 2.84x | 2.44x | 2.41x | 2.07x | 4.48x | 2.72x | 2.35x | 0.11x | -1.44x | 2.57x | 1.13x | 14.52x | 7.93x |
| Interest Paid | 0 | 7.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |