Harworth 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	9.47	57.24	37.96	27.84	93.99
Depreciation & Amortization	0.61	0.41	0.28	0.15	0.23
Other Amortization	1.1	0.73	0.67	1.28	0.36
Loss (Gain) From Sale of Assets	-2.25	-17.3	1.95	-2.96	-8.53
Asset Writedown & Restructuring Costs	-43.29	-60.82	-71.37	19.73	-83.96
Loss (Gain) on Equity Investments	-6.44	-1.49	-1.55	7.49	-9.23
Stock-Based Compensation	3.3	2.29	1.4	0.73	0.43
Other Operating Activities	-4.36	9.87	2.53	-13.97	29.48
Change in Accounts Receivable	11.82	-52.77	18.87	-6.48	-3.72
Change in Inventory	3.51	57.09	5.19	16.5	4.13
Change in Accounts Payable	-25.52	39.3	6.94	-13.14	26.67
Operating Cash Flow	-52.05	34.54	2.85	37.16	49.86
Operating Cash Flow Growth	-	1110.52%	-92.32%	-25.47%	140.57%
Capital Expenditures	-10.05	-0.6	-0.4	-0.11	-0.03
Sale (Purchase) of Intangibles	-0.45	-	-	-	-
Sale (Purchase) of Real Estate	-28.84	-36.46	14.71	-52.32	3.52
Investment in Securities	-1.31	-1.35	0.66	-1.18	-1.59
Other Investing Activities	0.34	0.81	0.45	0.23	0.18
Investing Cash Flow	-40.31	-37.59	15.42	-53.39	2.08
Long-Term Debt Issued	492	210.51	50.94	173.85	49.9
Long-Term Debt Repaid	-482.33	-112.34	-49.42	-152.09	-95.51
Net Debt Issued (Repaid)	9.67	98.17	1.52	21.76	-45.61
Issuance of Common Stock	0.06	0.14	0.45	0.09	0.07
Repurchase of Common Stock	-	-	-0.05	-0.03	-0.02
Common Dividends Paid	-5.4	-4.9	-4.44	-4.03	-5.91
Other Financing Activities	-2.2	-0.15	-0.16	-2.02	-1.13
Financing Cash Flow	2.12	93.26	-2.68	15.77	-52.61
Net Cash Flow	-90.24	90.2	15.6	-0.45	-0.67
Free Cash Flow	-62.1	33.94	2.46	37.05	49.83
Free Cash Flow Growth	-	1281.20%	-93.37%	-25.64%	141.76%
Free Cash Flow Margin	-47.86%	18.69%	3.39%	22.23%	45.35%
Free Cash Flow Per Share	-0.19	0.10	0.01	0.11	0.15
Cash Interest Paid	11.99	7.57	4.3	4	3.53
Cash Income Tax Paid	9.69	0.52	10.21	17.7	3.65
Levered Free Cash Flow	-73.98	80.27	4.35	-73.24	65.18
Unlevered Free Cash Flow	-65.98	84.96	6.74	-72.04	66.91
Change in Working Capital	-10.19	43.61	30.99	-3.12	27.09

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