British Land Company Cash Flow Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Net Income	447	338	-1	-1,038	963	-1,031	Upgrade
Depreciation & Amortization	7	8	8	7	5	4	Upgrade
Income (Loss) on Equity Investments	65	72	77	73	57	34	Upgrade
Other Operating Activities	-217	-148	325	1,198	-780	1,142	Upgrade
Operating Cash Flow	302	270	409	240	245	149	Upgrade
Operating Cash Flow Growth	26.36%	-33.98%	70.42%	-2.04%	64.43%	-60.27%	Upgrade
Acquisition of Real Estate Assets	-693	-942	-370	-364	-855	-224	Upgrade
Sale of Real Estate Assets	337	292	390	694	477	1,073	Upgrade
Net Sale / Acq. of Real Estate Assets	-356	-650	20	330	-378	849	Upgrade
Investment in Marketable & Equity Securities	-442	-294	-193	-133	-135	23	Upgrade
Other Investing Activities	279	91	1	129	128	38	Upgrade
Investing Cash Flow	-519	-853	-172	326	-385	910	Upgrade
Long-Term Debt Issued	-	633	361	20	483	214	Upgrade
Long-Term Debt Repaid	-	-135	-390	-337	-217	-1,225	Upgrade
Net Debt Issued (Repaid)	176	498	-29	-317	266	-1,011	Upgrade
Issuance of Common Stock	295	295	1	-	-	-	Upgrade
Common Dividends Paid	-229	-220	-213	-213	-155	-76	Upgrade
Other Financing Activities	-27	-21	-33	-22	-51	-11	Upgrade
Net Cash Flow	-2	-31	-37	14	-80	-39	Upgrade
Cash Interest Paid	58	57	51	71	62	70	Upgrade
Cash Income Tax Paid	2	7	6	-	6	33	Upgrade
Levered Free Cash Flow	238.5	138.63	211.63	192.88	180.88	67.13	Upgrade
Unlevered Free Cash Flow	314.75	208.63	278.5	249.13	233.38	125.25	Upgrade

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