PPHE Hotel 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	13.19	28.21	22.42	10.16	-52.13
Depreciation & Amortization	48.57	47.08	45.07	40.01	38.86
Loss (Gain) From Sale of Assets	0.2	0.2	0.03	0.05	-1
Asset Writedown & Restructuring Costs	23.73	-	-	-	4.42
Loss (Gain) From Sale of Investments	0.62	-4.75	2.95	-9.99	-0.6
Loss (Gain) on Equity Investments	0.33	0.27	0.11	-0.2	0.72
Stock-Based Compensation	2.04	1.55	0.62	2.14	1.27
Other Operating Activities	-4.9	6.64	7.31	11.13	-3.97
Change in Accounts Receivable	5.37	-5.69	-1.8	-16.12	-19.17
Change in Inventory	0.1	0.47	-0.15	-1.23	0.34
Change in Accounts Payable	10.82	-6	1.8	20.77	21.68
Operating Cash Flow	100.08	67.96	78.35	56.71	-9.57
Operating Cash Flow Growth	47.26%	-13.26%	38.17%	-	-
Capital Expenditures	-50.86	-74.08	-115.09	-90.87	-58.58
Sale of Property, Plant & Equipment	0.27	0.33	-	-	1.41
Cash Acquisitions	-28.95	-	-	-	-41.08
Sale (Purchase) of Intangibles	-1.5	-0.28	-0.78	-0.39	-0.18
Other Investing Activities	8.74	-8.56	0.07	-5.1	-6.73
Investing Cash Flow	-72.3	-82.58	-115.8	-96.35	-105.17
Long-Term Debt Issued	129.25	46.67	65.27	106.88	53.67
Long-Term Debt Repaid	-121.14	-45.31	-35.81	-35.98	-33.48
Net Debt Issued (Repaid)	8.11	1.36	29.45	70.9	20.19
Issuance of Common Stock	-	-	0.07	-	-
Repurchase of Common Stock	-0.47	-8.03	-1.62	-2.1	-
Common Dividends Paid	-15.91	-15.55	-11.9	-1.28	-
Other Financing Activities	-10.9	2.45	10.35	-5.56	121.29
Financing Cash Flow	-19.16	-19.77	26.35	61.97	141.47
Foreign Exchange Rate Adjustments	1.62	-2.8	-2.08	4.47	-4.1
Net Cash Flow	10.24	-37.19	-13.17	26.79	22.63
Free Cash Flow	49.22	-6.11	-36.74	-34.16	-68.16
Free Cash Flow Margin	10.55%	-1.38%	-8.86%	-10.35%	-48.21%
Free Cash Flow Per Share	1.16	-0.14	-0.86	-0.80	-1.60
Cash Interest Paid	57.88	54.71	50.1	43.52	33.73
Cash Income Tax Paid	1.01	2.44	2.56	0.22	0.47
Levered Free Cash Flow	45.59	-1.68	-43.24	-20.64	-48.59
Unlevered Free Cash Flow	76.04	21.04	-18.12	-5.1	-29.05
Change in Working Capital	16.29	-11.23	-0.16	3.43	2.85

Source: S&P Global Market Intelligence. Standard template. Financial Sources.