Intertek 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	343.5	345.4	297.4	288.8	288.1
Depreciation & Amortization	186.7	176.7	190.2	195	179.9
Other Amortization	16.2	17.3	19.3	20.3	18.7
Loss (Gain) From Sale of Assets	-5.7	-3.9	-3.2	-0.4	0.1
Asset Writedown & Restructuring Costs	5.3	6.9	2.6	15.3	-
Stock-Based Compensation	24.3	24.4	21.2	17.5	18.6
Other Operating Activities	-1.8	11.6	-2.1	19.4	16.1
Change in Accounts Receivable	-43.4	-45.6	-41.2	-54.3	-29.2
Change in Inventory	-3.5	-2.2	-1.2	-0.8	0.6
Change in Accounts Payable	0.9	69.8	47.7	61.1	62
Change in Other Net Operating Assets	14	-3.3	4.3	-2	-4.7
Operating Cash Flow	536.5	597.1	535	559.9	550.2
Operating Cash Flow Growth	-10.15%	11.61%	-4.45%	1.76%	-1.54%
Capital Expenditures	-144.5	-135	-116.9	-116.5	-97.1
Sale of Property, Plant & Equipment	9.8	5	11.5	4.2	1
Cash Acquisitions	-160.6	-14.9	-43.2	-63.2	-491.8
Other Investing Activities	3.6	2.7	3.5	2.2	1.5
Investing Cash Flow	-291.7	-142.2	-145.1	-173.3	-586.4
Long-Term Debt Issued	605.6	24.7	160.5	477.2	471.3
Long-Term Debt Repaid	-170.7	-172.8	-327.4	-618.2	-142.8
Net Debt Issued (Repaid)	434.9	-148.1	-166.9	-141	328.5
Repurchase of Common Stock	-379.8	-32.1	-17.2	-6.7	-18.1
Common Dividends Paid	-252.2	-206.1	-176.3	-170.6	-170.6
Other Financing Activities	-44.2	-16.1	-15.8	-16.6	-17
Financing Cash Flow	-241.3	-402.4	-376.2	-334.9	122.8
Foreign Exchange Rate Adjustments	-15.4	-14.6	-35.8	5	-6
Net Cash Flow	-11.9	37.9	-22.1	56.7	80.6
Free Cash Flow	392	462.1	418.1	443.4	453.1
Free Cash Flow Growth	-15.17%	10.52%	-5.71%	-2.14%	-5.41%
Free Cash Flow Margin	11.42%	13.62%	12.56%	13.89%	16.26%
Free Cash Flow Per Share	2.46	2.85	2.58	2.74	2.80
Cash Interest Paid	66.1	52.2	71.9	37.5	27
Cash Income Tax Paid	134.5	126.5	119	106.7	102
Levered Free Cash Flow	358.94	425.06	416.74	386.9	426.33
Unlevered Free Cash Flow	391.81	450.88	444.49	411.78	443.01
Change in Working Capital	-32	18.7	9.6	4	28.7

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