Burford Capital Limited (FRA:9BFA)

Burford Capital Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	87.1	146.48	610.52	30.51	-28.75	143.28
Depreciation & Amortization	-	-	-	-	3.19	10.69
Loss (Gain) From Sale of Investments	-5.75	-4.07	-5.6	10.74	1.57	1.11
Stock-Based Compensation	19.75	8.69	8.75	7.78	8.82	5.33
Other Operating Activities	-454.15	-480.56	-1,240	-224.05	-163.53	-288.86
Change in Other Net Operating Assets	385.28	546.19	352.05	-291.08	-406.67	182.29
Operating Cash Flow	32.23	216.73	-274.68	-466.1	-585.36	53.83
Capital Expenditures	-0.71	-0.66	-3.21	-0.41	-0.29	-0.36
Investing Cash Flow	-8.96	-0.66	-3.21	-0.41	-0.29	-0.36
Long-Term Debt Issued	-	284.97	394.46	357.27	400	-
Long-Term Debt Repaid	-	-49.82	-129.97	-79.91	-33.93	-4.96
Net Debt Issued (Repaid)	355.49	235.15	264.49	277.36	366.07	-4.96
Repurchase of Common Stock	-15.31	-5.09	-3.76	-8.04	-3.69	-
Common Dividends Paid	-27.3	-27.33	-27.5	-27.67	-41.05	-
Dividends Paid	-27.3	-27.33	-27.5	-27.67	-41.05	-
Other Financing Activities	-232.68	-168.9	156.3	157.48	123.49	-0.29
Financing Cash Flow	80.2	33.83	389.53	399.13	444.83	-5.26
Foreign Exchange Rate Adjustments	0.18	-0.52	1.25	-5.22	-1.01	0.47
Net Cash Flow	103.64	249.38	112.89	-72.6	-141.83	48.68
Free Cash Flow	31.52	216.06	-277.89	-466.51	-585.65	53.47
Free Cash Flow Margin	6.76%	38.47%	-25.76%	-139.85%	-263.39%	16.33%
Free Cash Flow Per Share	0.14	0.97	-1.25	-2.10	-2.67	0.24
Cash Interest Paid	129.84	154.09	77.21	70.78	51.27	37.89
Cash Income Tax Paid	27.16	19.28	13.32	0.64	1.31	10.98
Levered Free Cash Flow	187.38	257.84	354.86	77.14	-26.33	112.65
Unlevered Free Cash Flow	277.11	342.58	416.82	126.06	10.32	137.06
Change in Working Capital	385.28	546.19	352.05	-291.08	-406.67	182.29

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