Empiric Student Property Plc (LON:ESP)

Empiric Student Property Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	34.4	53.4	67.7	29.2	-23.97
Depreciation & Amortization	0.3	0.4	0.4	0.3	0.09
Other Amortization	2	1.6	1.2	1	1.74
Gain (Loss) on Sale of Assets	4.2	0.6	-1.5	-1.7	-
Asset Writedown	-15.4	-30.1	-45.6	-17.6	38.5
Stock-Based Compensation	0.4	0.9	0.7	0.2	0.03
Change in Accounts Receivable	-1.5	0.3	0.2	6.7	-3.97
Change in Accounts Payable	-1	-2	3.3	3.5	1.65
Other Operating Activities	18.3	16.2	14	11.6	11.82
Operating Cash Flow	43	43.7	43.6	42.4	17.36
Operating Cash Flow Growth	-1.60%	0.23%	2.83%	144.25%	-57.36%
Acquisition of Real Estate Assets	-72.2	-32.4	-48.2	-16.1	-14.33
Sale of Real Estate Assets	42.6	42.6	39.7	17.9	-
Net Sale / Acq. of Real Estate Assets	-29.6	10.2	-8.5	1.8	-14.33
Other Investing Activities	0.8	0.2	-	-	0.02
Investing Cash Flow	-31.5	8.8	-9.4	1.3	-14.68
Long-Term Debt Issued	164.9	-	36.2	-	77.8
Total Debt Issued	164.9	-	36.2	-	77.8
Long-Term Debt Repaid	-151	-31.2	-20.1	-15	-42.8
Total Debt Repaid	-151	-31.2	-20.1	-15	-42.8
Net Debt Issued (Repaid)	13.9	-31.2	16.1	-15	35
Issuance of Common Stock	54.3	-	-	-	-
Common Dividends Paid	-22.5	-20.2	-16.7	-13.6	-7.54
Other Financing Activities	-22.3	-16.4	-14.9	-11.9	-12.73
Net Cash Flow	34.9	-15.3	18.7	3.2	17.41
Cash Interest Paid	18.5	16.3	13.3	11.8	11.72
Levered Free Cash Flow	20.31	8.34	34.28	1.29	-1.42
Unlevered Free Cash Flow	30.8	18.01	42.65	8.24	5.41
Change in Net Working Capital	-5.6	7.9	-21	5.49	11.35

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.