Great Portland Estates Cash Flow Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	154.5	116	-307.8	-163.9	167.2
Depreciation & Amortization	0.8	1.7	1.6	1.7	1.6
Gain (Loss) on Sale of Investments	-0.4	0.4	0.2	43.1	-31.4
Asset Writedown	-99.4	-83.2	267.3	145	-107.9
Stock-Based Compensation	3.3	4.2	4	1.3	3.9
Income (Loss) on Equity Investments	-33.3	-21.8	46.7	-9.8	-14.5
Change in Accounts Receivable	-15.3	3.8	-8.6	5.3	0.5
Change in Other Net Operating Assets	5	6.2	4.1	-6.1	3.1
Other Operating Activities	-46.3	-31.3	-15.1	-18.3	-13.6
Operating Cash Flow	-31.1	-4	-7.6	-1.7	8.9
Operating Cash Flow Growth	-	-	-	-	-46.39%
Acquisition of Real Estate Assets	-363.7	-395.4	-250.1	-120.6	-120.9
Sale of Real Estate Assets	460.4	-	12.6	217.4	-
Net Sale / Acq. of Real Estate Assets	96.7	-395.4	-237.5	96.8	-120.9
Investment in Marketable & Equity Securities	-0.4	-0.8	-0.9	6.8	96.8
Other Investing Activities	8.6	11.6	6.7	9	-
Investing Cash Flow	104.9	-384.6	-231.7	112.6	-24.1
Long-Term Debt Issued	854.2	796.5	556.4	314	244.5
Long-Term Debt Repaid	-911	-692	-278.8	-390.3	-205.5
Net Debt Issued (Repaid)	-56.8	104.5	277.6	-76.3	39
Issuance of Common Stock	-	350.3	-	-	-
Repurchase of Common Stock	-	-5.7	-	-	-
Common Dividends Paid	-31.2	-31.8	-32.7	-31.9	-32.7
Other Financing Activities	-	-14.7	-2.1	-	-
Net Cash Flow	-14.2	14	3.5	2.7	-8.9
Cash Interest Paid	48.4	40.9	22.3	17.6	13.9
Cash Income Tax Paid	0.6	0.3	-	-	-0.4
Levered Free Cash Flow	22.85	48.11	5.34	4.31	30.9
Unlevered Free Cash Flow	29.66	56.05	16.34	11.5	36.59
Change in Working Capital	-10.3	10	-4.5	-0.8	3.6