Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

## KPG Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

`Free Cash Flow = Operating Cash Flow - Capital Expenditures`

Using above formula to calculate Free Cash Flow for Kiwi Property Group Limited (KPG), the free cash flow value is 115.60M.

All amounts in NZD

Operating Cash
115.6M
Capital Expenditure
-
Free Cash Flow
115.60M

Kiwi Property Group Limited has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

## KPG Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Kiwi Property Group Limited (NZX:KPG).

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 224.27M 196.53M -186.69M 138.09M
Change To Netincome -142.19M -103.63M 300.06M -48.38M
Change To Account Receivables 4.11M 92k 1.27M 1.06M
Change To Liabilities 9.69M -258k -6.82M 2.92M
Total Cash From Operating Activities 115.6M 107.22M 107.36M 100.04M
Total Cashflows From Investing Activities -115.72M -116.81M -197.14M -103.77M
Dividends Paid -89.42M -34.49M -87.46M -81.46M
Net Borrowings 85.11M 38.88M 6.91M 85.83M
Total Cash From Financing Activities -4.32M 4.38M 101.11M 2.96M
Change In Cash -4.44M -5.21M 11.33M -774k