M&G plc (LON:MNG)
London · Delayed Price · Currency is GBP · Price in GBX 334.70
+2.50 (0.75%)
Sep 11, 2026, 12:49 PM GMT
M&G plc Cash Flow Statement
Financials in millions GBP. Fiscal year is January - December.
Millions GBP. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | -111 | 302 | -360 | 297 | -2,068 | 83 |
Depreciation & Amortization | 156 | 169 | 190 | 176 | 176 | 148 |
Change in Insurance Reserves / Liabilities | 11,050 | 5,544 | -1,300 | 838 | -21,958 | -9,846 |
Change in Other Net Operating Assets | -9,009 | -4,482 | 1,963 | 385 | 24,281 | 10,933 |
Other Operating Activities | -1,217 | -580 | 184 | 23 | -935 | -16 |
Operating Cash Flow | 869 | 953 | 677 | 1,719 | -504 | 1,302 |
Operating Cash Flow Growth | -43.72% | 40.77% | -60.62% | - | - | -49.46% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -138 | -175 | -289 | -496 | -573 | -770 |
Sale of Property, Plant & Equipment | 12 | 9 | 21 | 1 | 1 | 41 |
Cash Acquisitions | -150 | -102 | -31 | -213 | -225 | 13 |
Investing Cash Flow | -96 | -152 | 152 | -603 | -368 | -466 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Total Debt Repaid | -21 | -32 | -478 | -25 | -30 | -23 |
Lease Payments | -21 | -32 | -28 | -25 | -30 | -23 |
Net Debt Issued (Repaid) | -21 | -32 | -478 | -25 | -30 | -23 |
Issuance of Common Stock | 8 | 9 | 5 | 9 | - | - |
Repurchases of Common Stock | - | - | - | - | -503 | - |
Common Dividends Paid | -489 | -482 | -468 | -462 | -465 | -466 |
Other Financing Activities | -179 | -192 | -201 | -202 | -204 | -192 |
Financing Cash Flow | -681 | -697 | -1,142 | -680 | -1,202 | -681 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 42 | -38 | 3 | -27 | 50 | -23 |
Net Cash Flow | 134 | 66 | -310 | 409 | -2,024 | 132 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 731 | 778 | 388 | 1,223 | -1,077 | 532 |
Free Cash Flow Growth | -45.08% | 100.52% | -68.27% | - | - | -69.69% |
Free Cash Flow Margin | 10.29% | 10.59% | 7.11% | 19.48% | -61.79% | 3.20% |
Free Cash Flow Per Share | 0.30 | 0.32 | 0.16 | 0.51 | -0.43 | 0.21 |
Levered Free Cash Flow | 765.13 | -3,453 | -206.13 | 4,655 | 10,840 | 10,419 |
Unlevered Free Cash Flow | 1,055 | -3,163 | 55.75 | 4,883 | 11,026 | 10,620 |
Free Cash Flow After Leases | 710 | 746 | 360 | 1,198 | -1,107 | 509 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 493 | 448 | 547 | 393 | 278 | 330 |
Cash Income Tax Paid | 646 | 553 | 514 | 250 | 268 | 332 |
Change in Working Capital | 2,041 | 1,062 | 663 | 1,223 | 2,323 | 1,087 |