Big Yellow Group 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	2016 - 2020
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	2016 - 2020
Net Income	130.51	201.89	239.83	73.33	697.27	265.19	Upgrade
Depreciation & Amortization	2.42	2.54	2.6	2.46	2.52	2.09	Upgrade
Gain (Loss) on Sale of Assets	-	-8.75	-	-	-0.58	-	Upgrade
Asset Writedown	-12.83	-79.67	-131.16	29.86	-597.22	-189.28	Upgrade
Stock-Based Compensation	3.3	2.86	4.08	3.74	3.39	2.87	Upgrade
Income (Loss) on Equity Investments	-0.03	-	-	-	-3.68	-3.15	Upgrade
Change in Accounts Receivable	-0.28	-1.02	-1.65	-0.74	1.55	0.84	Upgrade
Change in Other Net Operating Assets	-2.74	3.6	-3.62	3.53	6.42	-0.21	Upgrade
Other Operating Activities	-8.07	-6.91	-5.3	-0.19	-2.46	-1.69	Upgrade
Operating Cash Flow	112.37	114.57	104.79	111.98	107.14	76.71	Upgrade
Operating Cash Flow Growth	-1.51%	9.34%	-6.42%	4.52%	39.66%	4.21%	Upgrade
Acquisition of Real Estate Assets	-98.51	-58.26	-30.91	-	-	-	Upgrade
Sale of Real Estate Assets	-	30.59	5.4	-	0.58	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-98.51	-27.67	-25.51	-	0.58	-	Upgrade
Cash Acquisition	-	-	-	-	-66.68	-	Upgrade
Investment in Marketable & Equity Securities	-1.01	-	-	-	-0.14	-0.45	Upgrade
Other Investing Activities	-	-	4.72	-106.23	-104.34	-71.59	Upgrade
Investing Cash Flow	-99.52	-27.67	-20.79	-106.23	-170.57	-72.04	Upgrade
Long-Term Debt Issued	-	2.68	-	74.49	32.24	-	Upgrade
Total Debt Issued	51.96	2.68	-	74.49	32.24	-	Upgrade
Long-Term Debt Repaid	-	-1.82	-101.99	-1.27	-1.38	-65.74	Upgrade
Total Debt Repaid	28.11	-1.82	-101.99	-1.27	-1.38	-65.74	Upgrade
Net Debt Issued (Repaid)	80.07	0.87	-101.99	73.23	30.85	-65.74	Upgrade
Issuance of Common Stock	0.04	0.81	108.02	0.96	98.51	80.77	Upgrade
Common Dividends Paid	-90.71	-88.54	-85.26	-79.14	-68.7	-58.81	Upgrade
Other Financing Activities	-0.63	-0.63	-3.75	-1.07	-0.95	-	Upgrade
Net Cash Flow	1.62	-0.59	1.03	-0.28	-3.72	-39.1	Upgrade
Cash Interest Paid	21.77	22.21	24.64	17.19	11.61	9.62	Upgrade
Cash Income Tax Paid	1.25	2.02	2	1.84	1.65	0.82	Upgrade
Levered Free Cash Flow	-16.47	24.67	32.48	80.36	82.02	54.04	Upgrade
Unlevered Free Cash Flow	-8.6	34.29	48.16	90.55	87.78	59.14	Upgrade
Change in Working Capital	-2.92	2.62	-5.26	2.78	7.9	0.68	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.