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
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
Net Income	71.6	-18.5	-9.3	137.2	162.8
Depreciation & Amortization	45.2	45.3	45.5	44.2	42.7
Other Adjustments	85	173.2	135.7	-10.1	-174.2
Changes in Income Taxes Payable	-5.3	0.1	-0.9	1.5	7.5
Changes in Other Operating Activities	2.7	7.3	-29.8	-38.8	-4.1
Operating Cash Flow	199.2	207.4	141.2	134	34.7
Operating Cash Flow Growth	-3.95%	46.88%	5.37%	286.17%	-77.83%
Capital Expenditures	-61.2	-46.2	-65.3	-70.1	-46.6
Sale of Property, Plant & Equipment	6.4	46.9	51.3	9.9	16.2
Proceeds from Business Divestments	-2.8	205.5	-	28.2	228
Other Investing Activities	3.4	5.7	4.2	3.8	0.6
Investing Cash Flow	-54.2	211.9	-9.8	-28.2	198.2
Long-Term Debt Issued	201	225	165	25	-70.1
Long-Term Debt Repaid	-267.4	-518.9	-200.5	-55.9	-55.2
Net Long-Term Debt Issued (Repaid)	-66.4	-293.9	-35.5	-30.9	-125.3
Issuance of Common Stock	0.1	-	-	-	0.1
Repurchase of Common Stock	-0.8	-	-	-	-
Net Common Stock Issued (Repurchased)	-0.7	-	-	-	0.1
Other Financing Activities	-87.5	-107.5	-97.1	-79.4	-116.2
Financing Cash Flow	-154.6	-401.4	-132.6	-110.3	-241.4
Net Cash Flow	-9.6	17.9	-1.2	-4.5	-8.5
Free Cash Flow	138	161.2	75.9	63.9	-11.9
Free Cash Flow Growth	-14.39%	112.39%	18.78%	-	-
FCF Margin	15.37%	17.94%	8.70%	7.99%	-2.96%
Free Cash Flow Per Share	0.21	0.25	0.12	0.10	-0.02
Levered Free Cash Flow	-13.4	-305.9	-95.3	43.1	37
Unlevered Free Cash Flow	127.11	190.86	6.1	56.12	-68.36