Marston's Cash Flow Statement

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

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 27, 2025	Sep '24 Sep 28, 2024	Sep '23 Sep 30, 2023	Oct '22 Oct 1, 2022	Oct '21 Oct 2, 2021	2016 - 2020
Net Income	71.6	-18.5	-9.3	137.2	162.8	Upgrade
Depreciation & Amortization	40.3	40	40.5	39.8	38.9	Upgrade
Other Amortization	4.9	5.3	5	4.4	3.8	Upgrade
Loss (Gain) From Sale of Assets	-23.7	-2.6	23	-24.6	84.6	Upgrade
Loss (Gain) From Sale of Investments	-	19.9	-	-	-	Upgrade
Loss (Gain) on Equity Investments	-	16.1	-9.9	-3.3	14.5	Upgrade
Stock-Based Compensation	1.8	2	0.4	0.5	1.2	Upgrade
Other Operating Activities	101.3	137	120.5	11.8	25.8	Upgrade
Change in Accounts Receivable	-3.8	0.8	4.7	-7.4	-12.7	Upgrade
Change in Inventory	0.6	0.5	-2.3	0.3	2.9	Upgrade
Change in Accounts Payable	6.2	6.9	-31.4	-24.7	3.4	Upgrade
Operating Cash Flow	199.2	207.4	141.2	134	34.7	Upgrade
Operating Cash Flow Growth	-3.95%	46.88%	5.37%	286.17%	-77.83%	Upgrade
Capital Expenditures	-61.2	-46.2	-65.3	-70.1	-46.6	Upgrade
Sale of Property, Plant & Equipment	6.4	46.9	51.3	9.9	16.2	Upgrade
Divestitures	-	-	-	28.2	-	Upgrade
Other Investing Activities	-0.6	209.2	1.7	1.1	227.3	Upgrade
Investing Cash Flow	-54.2	211.9	-9.8	-28.2	198.2	Upgrade
Long-Term Debt Issued	201	225	165	25	10	Upgrade
Long-Term Debt Repaid	-267.4	-518.9	-200.5	-55.9	-135.3	Upgrade
Net Debt Issued (Repaid)	-66.4	-293.9	-35.5	-30.9	-125.3	Upgrade
Issuance of Common Stock	0.1	-	-	-	0.1	Upgrade
Repurchase of Common Stock	-0.8	-	-	-	-	Upgrade
Other Financing Activities	-87.5	-107.5	-97.1	-79.4	-116.2	Upgrade
Financing Cash Flow	-154.6	-401.4	-132.6	-110.3	-241.4	Upgrade
Net Cash Flow	-9.6	17.9	-1.2	-4.5	-8.5	Upgrade
Free Cash Flow	138	161.2	75.9	63.9	-11.9	Upgrade
Free Cash Flow Growth	-14.39%	112.39%	18.78%	-	-	Upgrade
Free Cash Flow Margin	15.37%	17.94%	8.70%	7.99%	-2.96%	Upgrade
Free Cash Flow Per Share	0.21	0.25	0.12	0.10	-0.02	Upgrade
Cash Interest Paid	86.6	101.9	93.1	79.4	96.3	Upgrade
Cash Income Tax Paid	5.3	-0.1	0.9	-1.5	-7.5	Upgrade
Levered Free Cash Flow	29.08	20.64	-50.96	65.13	104.4	Upgrade
Unlevered Free Cash Flow	87.58	107.33	25.29	54.31	157.53	Upgrade
Change in Working Capital	3	8.2	-29	-31.8	-6.4	Upgrade

Updated Sep 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.