Helical Cash Flow Statement

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	25.08	27.95	-189.81	-64.51	88.89	17.88
Depreciation & Amortization	0.74	1.33	1.51	0.8	0.77	0.79
Other Amortization	0.21	0.17	0.17	0.2	0.23	0.02
Gain (Loss) on Sale of Assets	0.59	-9.55	-0.93	-4.58	0.03	1.88
Gain (Loss) on Sale of Investments	-6.29	-	-	-	-19.29	-5.66
Asset Writedown	0.88	-2.64	181.21	97.85	-33.31	-19.39
Stock-Based Compensation	1.11	1.1	1.04	1.07	3.84	2.03
Income (Loss) on Equity Investments	-19.08	-20.83	9.31	-3.49	-1.42	2.75
Change in Accounts Receivable	-2.79	2.34	9.56	-3.56	-6.03	-2.55
Change in Accounts Payable	-5.24	-2.27	-6.58	-11.48	5.94	3.76
Other Operating Activities	1.21	3.95	6.81	-13.6	-33.09	2.09
Operating Cash Flow	-4.05	1.44	12.27	0.77	4.93	4
Operating Cash Flow Growth	-	-88.27%	1500.26%	-84.44%	23.16%	-67.57%
Acquisition of Real Estate Assets	-3.59	-5.43	-16.66	-11.06	-174.17	-16.46
Sale of Real Estate Assets	6.86	158.94	0.03	186.59	0.04	113.23
Net Sale / Acq. of Real Estate Assets	3.27	153.52	-16.63	175.53	-174.13	96.77
Investment in Marketable & Equity Securities	15.93	-45.12	-4.07	3.28	-3.63	-7.41
Other Investing Activities	0.3	0.58	5.67	13.45	3.38	10.27
Investing Cash Flow	14.11	105.98	-15.03	192.25	-174.37	99.62
Long-Term Debt Issued	-	37	-	-	190	12.34
Long-Term Debt Repaid	-	-92.53	-0.71	-170.66	-131.78	-25.61
Net Debt Issued (Repaid)	-38.28	-55.53	-0.71	-170.66	58.22	-13.27
Issuance of Common Stock	-	-	-	0.01	0.06	0.04
Repurchase of Common Stock	-1.23	-	-4.4	-1.09	-	-
Common Dividends Paid	-6.4	-4.03	-14.42	-13.84	-12.58	-10.53
Net Cash Flow	-35.84	47.87	-22.29	7.44	-123.74	79.86
Cash Interest Paid	7.63	8.44	7.59	12.36	18.34	12.9
Cash Income Tax Paid	-	-	-	-0.33	-0.01	-1.22
Levered Free Cash Flow	3.45	47.93	-35.65	7.34	11.23	3.34
Unlevered Free Cash Flow	8.12	52.31	-30.27	14.26	19.58	12.14
Change in Working Capital	-8.5	-0.04	2.97	-12.98	-1.73	1.61

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.