British Land Company Cash Flow Statement

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	454	338	-1	-1,038	963
Depreciation & Amortization	5	8	8	7	5
Income (Loss) on Equity Investments	61	72	77	73	57
Other Operating Activities	-211	-148	325	1,198	-780
Operating Cash Flow	309	270	409	240	245
Operating Cash Flow Growth	14.44%	-33.98%	70.42%	-2.04%	64.43%
Acquisition of Real Estate Assets	-207	-942	-370	-364	-855
Sale of Real Estate Assets	81	292	390	694	477
Net Sale / Acq. of Real Estate Assets	-126	-650	20	330	-378
Investment in Marketable & Equity Securities	-275	-294	-193	-133	-135
Other Investing Activities	199	91	1	129	128
Investing Cash Flow	-202	-853	-172	326	-385
Long-Term Debt Issued	605	633	361	20	483
Long-Term Debt Repaid	-343	-135	-390	-337	-217
Net Debt Issued (Repaid)	262	498	-29	-317	266
Issuance of Common Stock	-	295	1	-	-
Common Dividends Paid	-229	-220	-213	-213	-155
Other Financing Activities	-21	-21	-33	-22	-51
Net Cash Flow	119	-31	-37	14	-80
Cash Interest Paid	76	57	51	71	62
Cash Income Tax Paid	1	7	6	-	6
Levered Free Cash Flow	213.38	134.88	208.5	192.88	180.88
Unlevered Free Cash Flow	289.63	204.88	275.38	249.13	233.38