Norcros Cash Flow Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 5, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	12.6	3.5	26.8	16.8	25.7	15
Depreciation & Amortization	16.8	16.5	15.5	15.8	13	13.1
Other Amortization	0.4	0.4	0.4	0.3	0.2	0.2
Asset Writedown & Restructuring Costs	4.6	4.6	-2.3	9.8	-	3.8
Stock-Based Compensation	0.7	-0.2	0.9	1.2	1.1	0.8
Other Operating Activities	-0.7	7.8	-8	-6.1	-1.8	-1.4
Change in Accounts Receivable	3.5	-4.4	9.3	-3.1	-5.1	-5
Change in Inventory	-2	-10.3	2.9	-3	-22.7	3.8
Change in Accounts Payable	-8.6	0.6	-8.9	-7.2	4.2	23
Operating Cash Flow	26.9	18.5	36.6	24.5	14.6	53.3
Operating Cash Flow Growth	10.25%	-49.45%	49.39%	67.81%	-72.61%	105.00%
Capital Expenditures	-5.2	-6.9	-7.3	-6	-5.4	-2.8
Sale of Property, Plant & Equipment	8	3.5	-	-	-	-
Cash Acquisitions	-	-	-	-78.3	-	-
Investing Cash Flow	2.8	-3.4	-7.3	-84.3	-5.4	-2.8
Long-Term Debt Issued	-	21	18	114	25	-
Long-Term Debt Repaid	-	-35.1	-33.9	-58.6	-27.7	-70.3
Net Debt Issued (Repaid)	-14.2	-14.1	-15.9	55.4	-2.7	-70.3
Issuance of Common Stock	-	-	-	18.1	0.1	0.3
Repurchase of Common Stock	-0.8	-0.1	-0.8	-	-	-
Common Dividends Paid	-9.3	-9.2	-9.1	-9.2	-9.1	-
Other Financing Activities	0.2	-	-0.2	-	-	-
Financing Cash Flow	-24.1	-23.4	-26	64.3	-11.7	-70
Foreign Exchange Rate Adjustments	-	0.2	-1.5	-2.9	1.6	0.6
Net Cash Flow	5.6	-8.1	1.8	1.6	-0.9	-18.9
Free Cash Flow	21.7	11.6	29.3	18.5	9.2	50.5
Free Cash Flow Growth	28.40%	-60.41%	58.38%	101.09%	-81.78%	138.21%
Free Cash Flow Margin	5.86%	3.15%	7.47%	4.20%	2.32%	15.58%
Free Cash Flow Per Share	0.24	0.13	0.33	0.21	0.11	0.63
Cash Interest Paid	6.9	6.4	6.8	5.5	2.5	3.2
Cash Income Tax Paid	3	3.4	5.6	7.7	6.5	3.5
Levered Free Cash Flow	30.21	32.94	35.19	24.21	5.39	47.81
Unlevered Free Cash Flow	34.19	36.98	39.29	27.54	6.88	49.74
Change in Working Capital	-7.1	-14.1	3.3	-13.3	-23.6	21.8

Updated Oct 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.