Haleon Cash Flow Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,667	1,442	1,049	1,060	1,390
Depreciation & Amortization	291	249	240	287	268
Other Amortization	69	75	69	-	-
Loss (Gain) From Sale of Assets	-	-128	12	-30	-31
Asset Writedown & Restructuring Costs	47	192	200	143	1
Loss (Gain) From Sale of Investments	-	-11	109	-208	-
Stock-Based Compensation	86	102	76	15	-
Other Operating Activities	218	174	452	615	-120
Change in Accounts Receivable	-65	-312	38	-85	14
Change in Inventory	133	216	-131	-292	-17
Change in Accounts Payable	125	158	112	387	41
Change in Other Net Operating Assets	63	144	-126	171	-190
Operating Cash Flow	2,634	2,301	2,100	2,063	1,356
Operating Cash Flow Growth	14.47%	9.57%	1.79%	52.14%	-3.62%
Capital Expenditures	-322	-250	-234	-304	-228
Sale of Property, Plant & Equipment	-	-	-	-	12
Cash Acquisitions	-	-	-71	-	-
Divestitures	13	446	-	-	-
Sale (Purchase) of Intangibles	-91	257	144	12	67
Investment in Securities	-6	-	-	700	100
Other Investing Activities	60	75	27	-9,192	16
Investing Cash Flow	-346	528	-134	-8,784	-33
Long-Term Debt Issued	46	1,214	-	11,004	8
Long-Term Debt Repaid	-1,412	-622	-608	-1,563	-38
Net Debt Issued (Repaid)	-1,366	592	-608	9,441	-30
Issuance of Common Stock	-	-	-	18	4
Repurchase of Common Stock	-151	-624	-38	-	-
Common Dividends Paid	-612	-570	-388	-2,682	-1,148
Other Financing Activities	-1,014	-935	-534	134	-62
Financing Cash Flow	-3,143	-1,537	-1,568	6,911	-1,236
Foreign Exchange Rate Adjustments	-49	-79	-15	15	-4
Net Cash Flow	-904	1,213	383	205	83
Free Cash Flow	2,312	2,051	1,866	1,759	1,128
Free Cash Flow Growth	12.72%	9.91%	6.08%	55.94%	-4.81%
Free Cash Flow Margin	20.96%	18.26%	16.51%	16.20%	11.82%
Free Cash Flow Per Share	0.26	0.22	0.20	0.19	0.12
Cash Interest Paid	357	360	404	163	15
Cash Income Tax Paid	439	593	445	324	310
Levered Free Cash Flow	1,371	2,426	1,248	3,445	891.38
Unlevered Free Cash Flow	1,584	2,672	1,507	3,619	901.38
Change in Working Capital	256	206	-107	181	-152

Source: S&P Global Market Intelligence. Standard template. Financial Sources.