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	285.7	308.1	282.6	410	345.3
Depreciation & Amortization	6.7	9.2	8.4	9.5	10.8
Other Amortization	9.2	2.1	3.5	3.9	3.7
Gain (Loss) on Sale of Investments	24.5	4.8	4.4	-	-33.5
Total Asset Writedown	-	-	-	-	-3.1
Provision for Credit Losses	13	-11.7	48.8	29.8	-4.4
Change in Other Net Operating Assets	-1,034	-44.3	-2,461	-2,270	-1,626
Other Operating Activities	127.2	225.9	211.4	-8.6	11.7
Operating Cash Flow	-560.7	500.4	-1,896	-1,818	-1,289
Capital Expenditures	-32.9	-43.9	-25.8	-11.7	-6.8
Sale of Property, Plant and Equipment	0.4	-	-	-	2
Investment in Securities	-374.7	-22.1	-298	67.2	79.5
Net Decrease (Increase) in Loans Originated / Sold - Investing	-	-	-	-	4
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	-2,414	-2,719	-1,432	-326.1	-4,297
Net Debt Issued (Repaid)	63.3	-982.2	-103.7	103.4	645.9
Issuance of Common Stock	149.4	0.8	1.4	1.7	149.2
Repurchase of Common Stock	-222.6	-90.6	-152.4	-102	-
Common Dividends Paid	-135.6	-135.4	-143.7	-142.1	-86.7
Net Increase (Decrease) in Deposit Accounts	804.3	1,735	2,321	2,246	942.2
Other Financing Activities	-198.4	-281.6	-205.4	-45.3	-76.6
Financing Cash Flow	460.4	246.3	1,667	2,062	1,574
Net Cash Flow	-432.7	717.4	-530.1	307.4	366.1
Free Cash Flow	-593.6	456.5	-1,922	-1,829	-1,295
Free Cash Flow Margin	-90.63%	67.25%	-315.22%	-245.63%	-204.34%
Free Cash Flow Per Share	-1.59	1.16	-4.56	-4.10	-2.86
Cash Interest Paid	192.4	273.3	205.4	45.3	8.4
Cash Income Tax Paid	73	119.4	103.6	142.5	117.3

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.