Hammerson 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	232.1	-526.3	-51.4	-164.2	-429.1
Depreciation & Amortization	0.9	1.4	3	4.1	4.4
Other Amortization	1.3	0.2	0.6	1.2	5.9
Stock-Based Compensation	-	3.3	1.4	-	-
Income (Loss) on Equity Investments	39.8	48.1	57.6	95.5	45.7
Change in Accounts Receivable	23.5	-20.3	8.8	-6	27.3
Change in Other Net Operating Assets	-15.3	13.7	-13.5	8.6	-23
Other Operating Activities	-187.7	481.5	30.8	133	295
Net Cash from Discontinued Operations	-	-	-	-	354.8
Operating Cash Flow	96.9	4.5	38.3	69.6	274.8
Operating Cash Flow Growth	2053.33%	-88.25%	-44.97%	-74.67%	-
Acquisition of Real Estate Assets	-564.8	-154.5	-18.7	-36.4	-76.2
Sale of Real Estate Assets	25.3	117.4	49	124	7
Net Sale / Acq. of Real Estate Assets	-539.5	-37.1	30.3	87.6	-69.2
Investment in Marketable & Equity Securities	2.5	512.1	231	66.5	57.8
Investing Cash Flow	-537	475	261.3	154.1	-11.4
Long-Term Debt Issued	405.7	394.7	96	-	596.5
Long-Term Debt Repaid	-365.4	-499.6	-111.1	-302.4	-929.4
Net Debt Issued (Repaid)	40.3	-104.9	-15.1	-302.4	-332.9
Issuance of Common Stock	138.8	-	-	0.1	0.1
Repurchase of Common Stock	-30.9	-24.3	-	-6.7	-3.5
Common Dividends Paid	-75	-76.6	-29.9	-13.2	-24.9
Other Financing Activities	-45.2	-6	-	-0.5	-2.5
Foreign Exchange Rate Adjustments	2.7	-2.1	-1.1	2.7	-2.1
Net Cash Flow	-409.4	265.6	253.5	-96.3	-102.4
Cash Interest Paid	63.4	86.5	80.8	69.1	101.4
Cash Income Tax Paid	1.1	-0.2	0.9	-0.3	2
Levered Free Cash Flow	49.23	-9.24	51.74	171.35	-51.2
Unlevered Free Cash Flow	90.1	33.7	96.74	217.23	-2.83
Change in Working Capital	8.2	-6.6	-4.7	2.6	4.3

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