Great Portland Estates 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
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
Net Income	145.2	116	-307.8	-163.9	167.2	-201.9
Depreciation & Amortization	1.3	1.7	1.6	1.7	1.6	1.6
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.6
Gain (Loss) on Sale of Investments	0.4	0.4	0.2	43.1	-31.4	83.4
Asset Writedown	-83.2	-83.2	267.3	145	-107.9	157.4
Stock-Based Compensation	4.2	4.2	4	1.3	3.9	1.5
Income (Loss) on Equity Investments	-21.8	-21.8	46.7	-9.8	-14.5	-7.2
Change in Accounts Receivable	6.9	3.8	-8.6	5.3	0.5	-3.4
Change in Other Net Operating Assets	-0.6	6.2	4.1	-6.1	3.1	-6.3
Other Operating Activities	-66.7	-31.3	-15.1	-18.3	-13.6	-7.9
Operating Cash Flow	-14.3	-4	-7.6	-1.7	8.9	16.6
Operating Cash Flow Growth	-	-	-	-	-46.39%	-56.99%
Acquisition of Real Estate Assets	-433.5	-395.4	-250.1	-120.6	-120.9	-61.4
Sale of Real Estate Assets	41.3	-	12.6	217.4	-	-
Net Sale / Acq. of Real Estate Assets	-392.2	-395.4	-237.5	96.8	-120.9	-61.4
Investment in Marketable & Equity Securities	-0.8	-0.8	-0.9	6.8	96.8	-48.6
Other Investing Activities	-3	11.6	6.7	9	-	-
Investing Cash Flow	-396	-384.6	-231.7	112.6	-24.1	-110
Long-Term Debt Issued	-	796.5	556.4	314	244.5	246.1
Long-Term Debt Repaid	-	-692	-278.8	-390.3	-205.5	-204.8
Net Debt Issued (Repaid)	229.4	104.5	277.6	-76.3	39	41.3
Issuance of Common Stock	-	350.3	-	-	-	-
Repurchase of Common Stock	-4.5	-5.7	-	-	-	-
Common Dividends Paid	-33.3	-31.8	-32.7	-31.9	-32.7	-31.7
Other Financing Activities	-	-14.7	-2.1	-	-	-
Net Cash Flow	-218.7	14	3.5	2.7	-8.9	-83.8
Cash Interest Paid	48	40.9	22.3	17.6	13.9	10.3
Cash Income Tax Paid	0.6	0.3	-	-	-0.4	-0.1
Levered Free Cash Flow	-211.28	48.11	5.34	4.31	30.9	12.38
Unlevered Free Cash Flow	-203.46	56.05	16.34	11.5	36.59	17.25
Change in Working Capital	6.3	10	-4.5	-0.8	3.6	-9.7

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