Chemring Group Cash Flow Statement

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

Millions GBP. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Income	48.2	39.5	5.4	47.4	41.5
Depreciation & Amortization	24.5	22.7	21.6	21.7	24.5
Other Amortization	2.3	1.2	0.7	0.1	0.6
Loss (Gain) From Sale of Assets	0.2	1.7	-	-1.9	0.1
Asset Writedown & Restructuring Costs	-	-	15.6	2.2	-
Stock-Based Compensation	5.1	5.8	4.4	6.4	5.3
Other Operating Activities	5.7	16.1	33.8	-1.5	5.9
Change in Accounts Receivable	-19.9	-15.9	-18.7	4.5	0.9
Change in Inventory	-23.7	-28.3	-18.2	-6.4	7.9
Change in Accounts Payable	51.8	39.1	23.7	2.9	-10.3
Change in Other Net Operating Assets	0.2	-	0.3	0.1	-0.3
Operating Cash Flow	91.1	81	65.9	80.5	75.7
Operating Cash Flow Growth	12.47%	22.91%	-18.14%	6.34%	-0.26%
Capital Expenditures	-93.4	-64.8	-32.7	-31.5	-28
Sale of Property, Plant & Equipment	-	-	-	6	-
Cash Acquisitions	-13.5	-	-7.2	-	-5.1
Divestitures	6.6	-	-	-	0.4
Sale (Purchase) of Intangibles	-12.1	-4.8	-1.5	-3	-2.2
Other Investing Activities	23.5	22	2	-2	-
Investing Cash Flow	-88.9	-47.6	-39.4	-30.5	-34.9
Long-Term Debt Issued	145	100	60.1	30	29.2
Long-Term Debt Repaid	-72.8	-72.6	-68.6	-43.2	-57.3
Net Debt Issued (Repaid)	72.2	27.4	-8.5	-13.2	-28.1
Issuance of Common Stock	0.9	0.9	0.9	0.1	0.4
Repurchase of Common Stock	-6.6	-41	-14	-7	-7.1
Common Dividends Paid	-21.8	-19.8	-17.6	-14.4	-11.9
Other Financing Activities	-4.7	-4.8	-1	-1.3	-3.7
Financing Cash Flow	40	-37.3	-40.2	-35.8	-50.4
Foreign Exchange Rate Adjustments	0.6	-0.5	0.3	0.2	0.3
Net Cash Flow	42.8	-4.4	-13.4	14.4	-9.3
Free Cash Flow	-2.3	16.2	33.2	49	47.7
Free Cash Flow Growth	-	-51.20%	-32.25%	2.73%	18.36%
Free Cash Flow Margin	-0.46%	3.32%	7.03%	12.22%	12.13%
Free Cash Flow Per Share	-0.01	0.06	0.12	0.17	0.17
Cash Interest Paid	3.3	4	0.7	1.3	2.6
Cash Income Tax Paid	13.3	6.5	9.3	8.5	2.6
Levered Free Cash Flow	-45.33	-59.5	54.16	18.05	33.86
Unlevered Free Cash Flow	-41.76	-56.5	54.6	18.93	34.8
Change in Working Capital	8.4	-5.1	-12.9	1.1	-1.8

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