Mitchells & Butlers Cash Flow Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 11, 2026	Sep '25 Sep 27, 2025	Sep '24 Sep 28, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 24, 2022	Sep '21 Sep 25, 2021
Net Income	184	177	149	-4	13	-65
Depreciation & Amortization	137	133	126	129	129	135
Other Amortization	2	2	4	4	4	4
Loss (Gain) From Sale of Assets	-5	-1	-2	-1	-1	1
Asset Writedown & Restructuring Costs	3	3	14	131	117	-38
Loss (Gain) From Sale of Investments	-	-	-	-5	-	-
Loss (Gain) on Equity Investments	-	-	-	-1	-1	-1
Stock-Based Compensation	10	9	7	5	4	3
Other Operating Activities	44	49	39	-1	-2	29
Change in Accounts Receivable	-8	16	44	-42	-19	-7
Change in Inventory	-	1	-1	-2	-3	3
Change in Accounts Payable	12	-17	8	44	42	10
Change in Other Net Operating Assets	-5	-4	-2	-9	-45	-51
Operating Cash Flow	374	368	386	248	238	25
Operating Cash Flow Growth	-4.35%	-4.66%	55.65%	4.20%	852.00%	-80.31%
Capital Expenditures	-195	-169	-152	-154	-117	-29
Sale of Property, Plant & Equipment	2	1	1	3	1	1
Cash Acquisitions	-11	-	-2	-12	-	-
Sale (Purchase) of Intangibles	-11	-12	-2	-3	-5	-4
Investing Cash Flow	-214	-179	-154	-165	-118	-32
Short-Term Debt Issued	-	-	2	-	-	-
Total Debt Issued	-	-	2	-	-	-
Short-Term Debt Repaid	-	-	-	-	-	-119
Long-Term Debt Repaid	-	-173	-170	-174	-163	-148
Total Debt Repaid	-180	-173	-170	-174	-163	-267
Net Debt Issued (Repaid)	-180	-173	-168	-174	-163	-267
Issuance of Common Stock	2	1	-	-	1	351
Repurchase of Common Stock	-6	-5	-7	-	-2	-1
Other Financing Activities	3	4	5	5	5	-6
Financing Cash Flow	-181	-173	-170	-169	-159	77
Foreign Exchange Rate Adjustments	-	1	-1	-1	2	-1
Net Cash Flow	-21	17	61	-87	-37	69
Free Cash Flow	179	199	234	94	121	-4
Free Cash Flow Growth	-22.17%	-14.96%	148.94%	-22.31%	-	-
Free Cash Flow Margin	6.52%	7.34%	8.97%	3.75%	5.48%	-0.38%
Free Cash Flow Per Share	0.30	0.33	0.39	0.16	0.20	-0.01
Cash Interest Paid	92	99	118	115	117	127
Cash Income Tax Paid	34	24	18	3	2	-1
Levered Free Cash Flow	103.88	119.13	123.63	59.25	107.25	-56.25
Unlevered Free Cash Flow	162.63	181.63	191.75	131.75	179.13	20
Change in Working Capital	-1	-4	49	-9	-25	-45

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