Grafton 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	136.57	122.01	148.72	208.62	341.27
Depreciation & Amortization	147.82	134.74	124.39	113.6	112.58
Other Amortization	3.14	-	1.6	1.01	2.5
Loss (Gain) From Sale of Assets	-17.81	-0.24	-1.34	-20.63	-6.37
Asset Writedown & Restructuring Costs	-3.09	-3.19	-	-5	-9.6
Stock-Based Compensation	0.81	1.16	2.13	4.72	5.6
Other Operating Activities	-27.65	-22.54	-32.21	-13.7	-161.15
Change in Accounts Receivable	-18.19	-5.75	4.22	-16.71	-98.46
Change in Inventory	-1.05	28.57	37.82	-34.66	-81.01
Change in Accounts Payable	31.26	-7.95	-12.51	-19.9	115.35
Operating Cash Flow	251.83	246.82	272.82	217.34	239.03
Operating Cash Flow Growth	2.03%	-9.53%	25.52%	-9.07%	-24.44%
Capital Expenditures	-36.98	-39.57	-48.82	-55.32	-43.62
Sale of Property, Plant & Equipment	5.27	5.39	3.64	5.08	21.49
Cash Acquisitions	-23.85	-69.39	-30.49	-49.98	-123.31
Divestitures	6.6	-	-	-	498.53
Sale (Purchase) of Intangibles	-9.23	-7.28	-3.96	-2.52	-0.83
Sale (Purchase) of Real Estate	-	0.31	-	23.46	0.76
Investment in Securities	50	50	-200	-	-
Other Investing Activities	17.41	23.44	24.2	8.69	0.19
Investing Cash Flow	9.22	-37.1	-255.44	-70.58	353.22
Long-Term Debt Issued	-	-	-	141.72	96.9
Long-Term Debt Repaid	-101.29	-79.8	-112.17	-216.99	-208.05
Net Debt Issued (Repaid)	-101.29	-79.8	-112.17	-75.27	-111.15
Issuance of Common Stock	1.68	0.28	1.92	2.57	2.97
Repurchase of Common Stock	-0.11	-0.16	-159.14	-142.61	-
Common Dividends Paid	-72.59	-73.19	-72.57	-73.87	-84.92
Other Financing Activities	-56.61	-80.92	-0.32	-0.37	-
Financing Cash Flow	-228.92	-233.79	-342.29	-289.54	-193.1
Foreign Exchange Rate Adjustments	12.59	-8.82	-2.88	9.84	-10.52
Net Cash Flow	44.71	-32.88	-327.78	-132.94	388.64
Free Cash Flow	214.85	207.25	224	162.02	195.42
Free Cash Flow Growth	3.67%	-7.48%	38.25%	-17.09%	-30.49%
Free Cash Flow Margin	8.53%	9.08%	9.66%	7.04%	9.26%
Free Cash Flow Per Share	1.10	1.03	1.05	0.69	0.81
Cash Interest Paid	24.28	22.46	23.07	21.88	20.46
Cash Income Tax Paid	34.19	29.03	38.39	39.53	43.72
Levered Free Cash Flow	187.71	121.5	196.05	116.81	180.33
Unlevered Free Cash Flow	202.55	136.06	210.98	129.63	193.39
Change in Working Capital	12.03	14.87	29.53	-71.27	-64.13

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.