Restore Cash Flow Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	9.3	12.4	-30.7	16.8	11.5	0.2
Depreciation & Amortization	46.4	43.9	43.8	40.2	37.4	33.1
Other Amortization	1.4	1.8	1.2	2.4	1.6	1.2
Loss (Gain) From Sale of Assets	0.2	0.3	0.2	-	-	-0.1
Asset Writedown & Restructuring Costs	-	-	36.3	-	-	7
Loss (Gain) From Sale of Investments	-	-	-	-	-	1.6
Stock-Based Compensation	2.2	1.7	-	1.9	2.2	1.2
Other Operating Activities	1.7	0.4	-4.1	-0.9	7.1	-3.2
Change in Accounts Receivable	6.9	7.2	1.8	-11.9	-7.8	7.8
Change in Inventory	-0.1	0.2	0.5	-0.3	-0.3	0.5
Change in Accounts Payable	-3	-9.4	-1.2	-0.4	-4	2.4
Operating Cash Flow	65	58.5	47.8	47.8	47.7	51.7
Operating Cash Flow Growth	37.71%	22.38%	-	0.21%	-7.74%	-9.14%
Capital Expenditures	-13.9	-13.9	-9.7	-10.1	-6.8	-6
Sale of Property, Plant & Equipment	0.3	0.1	-	-	-	-
Cash Acquisitions	-29.6	-0.5	-1.7	-11.5	-86.7	-3.7
Sale (Purchase) of Intangibles	-1.3	-1.3	-0.6	-0.9	-2	-1.3
Investing Cash Flow	-44.5	-15.6	-12	-22.5	-95.5	-11
Long-Term Debt Issued	-	-	35	146.8	106	-
Total Debt Issued	29.1	-	35	146.8	106	-
Long-Term Debt Repaid	-	-50.9	-68.7	-165	-83.8	-30.1
Net Debt Issued (Repaid)	-7.6	-50.9	-33.7	-18.2	22.2	-30.1
Issuance of Common Stock	-	-	0.1	1.2	40	-
Repurchase of Common Stock	-2.8	-2.6	-0.6	-1.1	-2.6	-0.8
Common Dividends Paid	-7.3	-7.3	-9.1	-9.9	-3.4	-
Other Financing Activities	-	-	-	-	-1.9	-
Financing Cash Flow	-17.7	-60.8	-43.3	-28	54.3	-30.9
Net Cash Flow	2.8	-17.9	-7.5	-2.7	6.5	9.8
Free Cash Flow	51.1	44.6	38.1	37.7	40.9	45.7
Free Cash Flow Growth	36.63%	17.06%	1.06%	-7.82%	-10.50%	-6.73%
Free Cash Flow Margin	17.26%	16.20%	13.75%	13.51%	17.46%	25.01%
Free Cash Flow Per Share	0.37	0.32	0.28	0.27	0.30	0.35
Cash Income Tax Paid	6.4	5.1	6.3	6	5.2	7.2
Levered Free Cash Flow	56.36	47.6	41.14	46.46	40.18	44.11
Unlevered Free Cash Flow	65.86	56.79	49.83	52.38	44.94	49.13
Change in Working Capital	3.8	-2	1.1	-12.6	-12.1	10.7

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