OSB Group Cash Flow Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	309.5	298.7	270.7	389	347.3
Depreciation & Amortization	15.9	11.3	11.9	13.4	-
Provision for Credit Losses	13	-11.7	48.8	29.8	-
Stock-Based Compensation	6.9	6.3	5.6	8.1	-
Other Adjustments	295.2	486.1	521.7	76.1	-10
Changes in Other Operating Activities	-688.8	5,073	-418.5	-72.6	-683.6
Operating Cash Flow	320.2	2,355	528.8	571	-229
Operating Cash Flow Growth	-86.40%	345.37%	-7.39%	-	-
Net Change in Securities and Investments	-374.7	-22.1	-298	67.2	83.5
Capital Expenditures	-32.9	-43.9	-25.8	-11.7	-6.8
Sale of Property, Plant & Equipment	0.4	-	-	-	2
Other Investing Activities	74.8	36.7	22.6	7.7	1.9
Investing Cash Flow	-332.4	-29.3	-301.2	63.2	80.6
Long-Term Debt Issued	2,477	1,737	1,329	429.5	4,943
Long-Term Debt Repaid	-2,545	-2,717	-1,430	-324.2	-4,359
Net Long-Term Debt Issued (Repaid)	-68	-980.3	-101.7	105.3	584.3
Issuance of Common Stock	-	0.8	1.4	1.7	0.8
Repurchase of Common Stock	-89.4	-90.6	-152.4	-102	-
Net Common Stock Issued (Repurchased)	-89.4	-89.8	-151	-100.3	0.8
Issuance of Preferred Stock	148	-	-	-	148.4
Net Preferred Stock Issued (Repurchased)	148	-	-	-	148.4
Common Dividends Paid	-125.5	-126.4	-185	-133.1	-86.7
Other Financing Activities	-209	-292.5	-216.4	-56.2	-15
Financing Cash Flow	-343.9	-1,489	-654.1	-184.3	631.8
Net Cash Flow	-432.7	717.4	-530.1	307.4	366.1
Free Cash Flow	287.3	2,311	503	559.3	-235.8
Free Cash Flow Growth	-87.57%	359.48%	-10.07%	-	-
FCF Margin	43.86%	340.43%	82.55%	75.01%	-37.23%
Free Cash Flow Per Share	0.77	5.85	1.19	1.25	-0.52