Hilton Food 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 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Net Income	78.9	39.3	36.4	17.71	37.14
Depreciation & Amortization	75.1	76	75	75.72	65.32
Other Amortization	2.1	2.5	2.5	2.02	1.47
Loss (Gain) From Sale of Assets	-64.1	0.1	-0.1	-	0.2
Asset Writedown & Restructuring Costs	-	9.8	1.9	-	6.38
Loss (Gain) on Equity Investments	-0.4	-0.4	-0.6	-1.24	-1.93
Stock-Based Compensation	0.4	2	1.9	-0.66	2.73
Other Operating Activities	-44.4	-4	-4.4	-5.03	-15.75
Change in Accounts Receivable	-33.8	24.2	-14.9	-14.44	-23.12
Change in Inventory	-52.2	-18	22.8	-23.74	-26.66
Change in Accounts Payable	63.8	-7	46.4	9.32	40.23
Change in Other Net Operating Assets	9.3	-	-	-	-
Operating Cash Flow	68.2	124.5	166.9	59.66	86.01
Operating Cash Flow Growth	-45.22%	-25.40%	179.74%	-30.63%	-6.17%
Capital Expenditures	-88.8	-68	-55.4	-55.14	-56.25
Sale of Property, Plant & Equipment	13.7	1.1	0.9	0.26	0.11
Cash Acquisitions	-	-	-0.4	-81.82	-35.45
Divestitures	16.6	-	-	-	-
Sale (Purchase) of Intangibles	-10.4	-6.6	-4.2	-1.62	-1.12
Investment in Securities	-1.1	-4.4	-1.7	-1.76	-
Other Investing Activities	55.4	15.6	6	1.03	-1.36
Investing Cash Flow	-14.6	-62.3	-54.8	-139.06	-94.06
Long-Term Debt Issued	49.2	10.4	11.4	295.79	65.24
Long-Term Debt Repaid	-34.3	-48.7	-52.9	-244.2	-86.41
Net Debt Issued (Repaid)	14.9	-38.3	-41.5	51.59	-21.17
Issuance of Common Stock	-	-	-	1.13	75.34
Repurchase of Common Stock	-	-	-	-	-2.28
Common Dividends Paid	-31.5	-29.2	-28.3	-25.49	-22.3
Other Financing Activities	-1.4	-5.1	-1.5	-2.42	-1.78
Financing Cash Flow	-18	-72.6	-71.3	24.82	27.81
Foreign Exchange Rate Adjustments	3	-4.4	-1.3	1.63	-3.4
Net Cash Flow	38.6	-14.8	39.5	-52.95	16.35
Free Cash Flow	-20.6	56.5	111.5	4.52	29.75
Free Cash Flow Growth	-	-49.33%	2365.18%	-84.80%	-
Free Cash Flow Margin	-0.49%	1.42%	2.79%	0.12%	0.90%
Free Cash Flow Per Share	-0.23	0.62	1.23	0.05	0.36
Cash Interest Paid	35.5	39.6	38.1	24.77	-
Cash Income Tax Paid	20.5	19.7	11.1	13.88	-
Levered Free Cash Flow	-24.86	52.95	102.21	-2.97	19.79
Unlevered Free Cash Flow	-2.86	77.7	126.02	12.51	29.11
Change in Working Capital	-12.9	-0.8	54.3	-28.86	-9.55

Updated Dec 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.