Grainger plc (FRA:1U4)

Grainger Cash Flow Statement

Financials in millions GBP. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	202.6	31.2	25.6	229.4	109.5
Depreciation & Amortization	1.5	1.5	1.1	0.9	0.9
Other Amortization	0.2	-	-	-	0.3
Gain (Loss) on Sale of Assets	1.6	5.8	-3.3	-1.7	-1.5
Asset Writedown	-29.5	32.5	68.9	-210.2	-76.8
Stock-Based Compensation	3.6	2.8	2.4	1.7	1.7
Income (Loss) on Equity Investments	3.7	0.6	0.4	0.5	-0.5
Change in Accounts Receivable	6.2	-3.8	6.5	-1.9	-6.9
Change in Accounts Payable	12.9	6.9	37	8.5	48
Change in Other Net Operating Assets	-	-	-	8.4	-0.2
Other Operating Activities	-113.4	-1.5	-15.5	41.6	11.3
Operating Cash Flow	122.4	136.6	184.7	102	148
Operating Cash Flow Growth	-10.39%	-26.04%	81.08%	-31.08%	82.49%
Acquisition of Real Estate Assets	-149.8	-265.3	-308.1	-292.9	-362.6
Sale of Real Estate Assets	85.9	90.2	63.5	20.9	40.3
Net Sale / Acq. of Real Estate Assets	-63.9	-175.1	-244.6	-272	-322.3
Investment in Marketable & Equity Securities	6.2	8.3	-27.3	2.2	8
Other Investing Activities	-1.4	-0.9	-2.2	-4.4	-1.6
Investing Cash Flow	-59.1	-167.7	-274.1	-274.2	-315.9
Long-Term Debt Issued	186	244	330	14.2	30
Long-Term Debt Repaid	-191.2	-185	-155	-0.9	-77
Net Debt Issued (Repaid)	-5.2	59	175	13.3	-47
Issuance of Common Stock	-	0.1	0.3	0.3	204.3
Repurchase of Common Stock	-0.1	-0.1	-7.9	-3.3	-0.3
Common Dividends Paid	-58.1	-51	-45.7	-40	-36.8
Other Financing Activities	-7.3	-4.7	-7.2	-19.8	-3.8
Net Cash Flow	-7.4	-27.8	25.1	-221.7	-51.5
Cash Interest Paid	53.3	52.6	46.9	42	45.6
Cash Income Tax Paid	11.4	12.5	-2.7	12.3	16.9
Levered Free Cash Flow	72.93	26.26	160.23	203.96	136.03
Unlevered Free Cash Flow	98.68	50.2	179.48	223.4	155.78
Change in Working Capital	52.1	63.7	105.1	39.8	103.1

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