Man Group Cash Flow Statement

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

Millions USD. 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	175	298	234	608	487
Depreciation & Amortization	42	50	51	80	91
Other Amortization	38	36	32	28	28
Loss (Gain) From Sale of Assets	-	-3	-12	-	-
Asset Writedown & Restructuring Costs	5	-	3	-	3
Loss (Gain) on Equity Investments	2	2	3	5	2
Stock-Based Compensation	45	39	40	45	39
Other Operating Activities	111	80	11	44	50
Change in Accounts Receivable	-75	-29	104	-68	-102
Change in Accounts Payable	-81	-36	-200	40	49
Change in Other Net Operating Assets	-23	211	71	-45	-163
Operating Cash Flow	239	648	337	737	484
Operating Cash Flow Growth	-63.12%	92.28%	-54.27%	52.27%	23.47%
Capital Expenditures	-18	-18	-12	-21	-26
Cash Acquisitions	-38	-	-170	-	-
Sale (Purchase) of Intangibles	-22	-23	-21	-22	-18
Investment in Securities	-	-	-	-	-19
Other Investing Activities	13	12	12	3	-4
Investing Cash Flow	-63	-29	-191	-40	-67
Long-Term Debt Issued	-	-	140	-	-
Long-Term Debt Repaid	-27	-162	-10	-13	-21
Net Debt Issued (Repaid)	-27	-162	130	-13	-21
Issuance of Common Stock	-	1	4	2	2
Repurchase of Common Stock	-131	-85	-279	-433	-198
Common Dividends Paid	-198	-192	-181	-179	-160
Other Financing Activities	12	-1	-3	-	-
Financing Cash Flow	-344	-439	-329	-623	-377
Foreign Exchange Rate Adjustments	5	-2	2	-4	-4
Net Cash Flow	-163	178	-181	70	36
Free Cash Flow	221	630	325	716	458
Free Cash Flow Growth	-64.92%	93.85%	-54.61%	56.33%	20.53%
Free Cash Flow Margin	15.73%	43.93%	27.82%	41.34%	30.93%
Free Cash Flow Per Share	0.19	0.53	0.27	0.54	0.32
Cash Interest Paid	34	38	33	16	14
Cash Income Tax Paid	65	83	100	125	83
Levered Free Cash Flow	162.13	401.38	11.75	587.13	445.25
Unlevered Free Cash Flow	165.25	406.63	15.5	585.25	434.5
Change in Working Capital	-179	146	-25	-73	-216