Breedon Group Cash Flow Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	83.8	96.2	105.5	112.5	78.5
Depreciation & Amortization	138.5	112.2	94.7	83.5	86.9
Other Amortization	0.8	0.9	1.1	1.1	2.3
Loss (Gain) From Sale of Assets	-4.6	-1.7	-1.4	2.4	-
Asset Writedown & Restructuring Costs	-	-	-	4.8	-
Loss (Gain) on Equity Investments	-4.1	-3.5	-2.6	-3.5	-2.9
Stock-Based Compensation	4.6	3.3	3	1.2	2.9
Other Operating Activities	10.7	10.9	0.1	-0.7	23.6
Change in Accounts Receivable	6	10.5	-1	-0.2	-17.6
Change in Inventory	13.5	-8.4	-24.6	-31.7	-3.5
Change in Accounts Payable	-19.7	-15.6	8.8	-9.1	17.2
Change in Other Net Operating Assets	-3.6	-3.1	8.3	7.7	6.7
Operating Cash Flow	225.9	201.7	191.9	168	194.1
Operating Cash Flow Growth	12.00%	5.11%	14.23%	-13.45%	15.26%
Capital Expenditures	-120.1	-131.3	-106.8	-106.8	-76.9
Sale of Property, Plant & Equipment	9.6	5.7	3.4	4.8	5.6
Cash Acquisitions	-159.9	-173.6	-18.8	-12.6	-6.1
Other Investing Activities	5.2	3	1.8	1.7	1.9
Investing Cash Flow	-265.2	-296.2	-120.4	-112.9	-75.5
Long-Term Debt Issued	166	357.4	-	-	513.9
Long-Term Debt Repaid	-32.5	-313.4	-9	-8.8	-572.8
Net Debt Issued (Repaid)	133.5	44	-9	-8.8	-58.9
Issuance of Common Stock	1.2	1.3	0.7	2	1.4
Common Dividends Paid	-51.5	-48.3	-37.6	-30.5	-8.4
Other Financing Activities	-0.9	-	-0.7	-0.7	-
Financing Cash Flow	82.3	-3	-46.6	-38	-65.9
Foreign Exchange Rate Adjustments	-0.3	-0.5	0.3	0.7	-0.5
Net Cash Flow	42.7	-98	25.2	17.8	52.2
Free Cash Flow	105.8	70.4	85.1	61.2	117.2
Free Cash Flow Growth	50.28%	-17.27%	39.05%	-47.78%	-10.05%
Free Cash Flow Margin	6.17%	4.47%	5.72%	4.38%	9.51%
Free Cash Flow Per Share	0.31	0.20	0.25	0.18	0.34
Cash Interest Paid	24.7	18.8	9.1	9.2	9.4
Cash Income Tax Paid	19	24	32.5	25.8	13.6
Levered Free Cash Flow	110.21	45.31	53.1	26.46	91.14
Unlevered Free Cash Flow	125.29	57.54	58.38	31.8	95.4
Change in Working Capital	-3.8	-16.6	-8.5	-33.3	2.8

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