Tritax Big Box REIT Cash Flow Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	272.3	363.3	445.5	70	-599.4	972.6
Depreciation & Amortization	0.1	0.9	0.6	-	1.7	5.4
Stock-Based Compensation	-	-	-	2.9	1.9	5.5
Other Adjustments	3.7	-92.6	-201.4	104	769.5	-807.3
Change in Receivables	35.7	29.8	-33.4	3.5	12.1	-12
Changes in Accounts Payable	-5	13.2	-26	0.6	-2.9	26.2
Changes in Income Taxes Payable	-	-	-2.6	0.4	-1.6	4
Changes in Unearned Revenue	-4.4	-1.8	12.7	3.9	-3.9	1.7
Operating Cash Flow	308.6	312.8	195.4	185.3	177.4	196.1
Operating Cash Flow Growth	-1.34%	60.08%	5.45%	4.45%	-9.54%	42.52%
Capital Expenditures	-849.1	-1,177	-213.1	-325.7	-299.9	-331.9
Sale of Property, Plant & Equipment	409.8	353.9	137.8	326.8	-	4.2
Purchases of Investments	4.8	1.5	-	-69.3	-2.8	-0.5
Cash Acquisitions	-	-	-8.1	-	-	-
Other Investing Activities	2.1	23	1.1	1	0.6	0.9
Investing Cash Flow	-411.8	-798.8	-82.3	-67.2	-302.1	-327.3
Long-Term Debt Issued	972	1,607	340	409	319	245.5
Long-Term Debt Repaid	-629	-827.9	-178	-407	-52	-245.5
Net Long-Term Debt Issued (Repaid)	343	779.1	162	2	267	0
Issuance of Common Stock	-	-	-	49.6	2.3	297
Net Common Stock Issued (Repurchased)	-	-	-	49.6	2.3	297
Common Dividends Paid	-212.9	-199.8	-174.1	-135.3	-129.2	-114.3
Other Financing Activities	-80.1	-64.4	-56.6	-45.5	-38.9	-38.2
Financing Cash Flow	165.1	514.9	-68.7	-129.2	101.2	144.5
Net Cash Flow	61.9	28.9	44.4	-11.2	-23.5	13.3
Free Cash Flow	-540.5	-864.4	-17.7	-140.4	-122.5	-135.8
Free Cash Flow Growth	-	-	-	-	-	-
FCF Margin	-193.66%	-251.87%	-5.58%	-61.47%	-55.23%	-65.07%
Free Cash Flow Per Share	-0.20	-0.34	-0.01	-0.07	-0.07	-0.08
Levered Free Cash Flow	-243.1	-22.5	379.1	-248.8	-639	678
Unlevered Free Cash Flow	-498.12	-725.4	285.85	-195.18	-883.16	715.36